Days away from the World Economic Forum, where European leaders and Trump will gather, EU ambassadors met in Brussels to discuss how to respond to the US president's tariff threats over Greenland.

Global markets are facing volatility after President Donald Trump vowed to slap tariffs on eight European nations until the U.S. is allowed to buy Greenland, injecting fresh trade uncertainty as stocks slid and the dollar broadly weakened.

European Union ambassadors held an emergency meeting on Sunday, and leaders from across the 27-nation bloc will meet in Brussels later this week.

The World Economic Forum is an international non-profit organisation that brings together business, political and social leaders to discuss global challenges. The Davos Forum is the organisation’s most important and well-known annual meeting, taking its name from the Swiss town where it is held.

As US President Donald Trump reshapes the world to his liking through invasions, tariffs, and political coercion, world leaders, top executives, and civil society figures have converged in Davos, Switzerland,

At its 56th annual meeting in Davos, the World Economic Forum will wrestle with war, economics, artificial intelligence and other pressing issues.

As world leaders travel to Davos, all eyes will be on the US President as tensions escalate over his stance on Greenland and plan to acquire it.

Amid growing geopolitical uncertainty, leaders of governments, businesses, civil society and academia will convene in Davos, Switzerland, for the five-day annual meeting of the World Economic Forum starting on Monday, to engage in forward-looking discussions to address global issues and find a stabilizer for the world economy.

We have Davos taking place against the most complicated geopolitical backdrop since the World Economic Forum was founded. But so far it seems like players have still been able to find ways of continuing business and investment.

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