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deal

Trump Drops Greenland Tariff Threat, Announces Framework for a Deal

DAVOS, Switzerland — U.S. President Donald Trump on Wednesday backed away from threats to slap tariffs on European allies over Greenland, ruled out the use of force and said a framework was emerging for a long-term Arctic security and minerals deal that could defuse one of the sharpest transatlantic disputes in years. Trump said the United States and NATO partners had “formed the framework of a future deal with respect to Greenland and, in fact, the entire Arctic Region,” and, based on that understanding, he would not impose…

Trump unveils Greenland framework deal, withdraws tariffs in major policy move

Trump retreats from Greenland seizure threat, touts open-ended Arctic security deal and lifts tariff warnings DAVOS, Switzerland — President Donald Trump backed down from threats to seize Greenland by force from U.S. ally Denmark, announcing a vague security arrangement he said delivers “everything we wanted” and lifting promised tariffs on European partners that opposed the move. Speaking at the World Economic Forum, Trump said the agreement was negotiated with NATO Secretary-General Mark Rutte and would last “forever,”…

Trump to meet Zelensky at Davos Tuesday, says deal within reach

DAVOS, Switzerland — President Donald Trump said Russia and Ukraine would be “stupid” not to strike a peace deal and claimed he will meet Ukrainian President Volodymyr Zelensky in Davos on Thursday, even as Kyiv insisted Zelensky remains in the Ukrainian capital. Speaking at the World Economic Forum, Trump repeated his view that both Russian President Vladimir Putin and Zelensky are close to an agreement to end the war that began with Russia’s full-scale invasion in February 2022. “I believe they’re at a point now where they…

European Parliament to vote on mounting legal challenge to Mercosur deal

EU lawmakers will vote this morning on whether to ask the bloc’s top court to review the European Union’s newly signed free trade agreement with South America’s Mercosur, a move that could delay the pact by about two years and potentially derail it. The parliamentary vote is scheduled for 11:30 a.m. The EU finalized its largest-ever trade pact last weekend with Mercosur members Argentina, Brazil, Paraguay and Uruguay. The agreement still requires approval before it can take effect, setting off a fresh political fight over…

India, UAE ink $3B LNG deal, expand trade and defence cooperation

NEW DELHI/DUBAI — India signed a $3 billion liquefied natural gas supply deal with the United Arab Emirates on Monday, elevating India to the UAE’s top customer and deepening ties as the two countries pledged to expand trade and pursue a strategic defense partnership. Under the agreement, Abu Dhabi’s ADNOC Gas will supply 0.5 million metric tons of LNG annually to Hindustan Petroleum Corp. for 10 years. ADNOC Gas said the contract lifts the total value of its agreements with Indian buyers to more than $20 billion,…

Tariff threats could blow up EU-US trade deal, McEntee warns

Ireland warns Trump tariff threat would ‘rip up’ EU-US trade deal, vows strong response Ireland’s foreign minister said Tuesday that Donald Trump’s threatened tariffs on European allies would “rip up” an EU-US trade deal struck last year and force Brussels to put billions in countermeasures back on the table, as leaders head to the World Economic Forum in Davos. Donald Trump has said he will impose 10% tariffs on eight European allies from 1 February unless they agree to his purchase of Greenland, a semi-autonomous Danish…

Darood Elders Support Somalia’s UAE Deal Cancellation, Warn of Foreign Meddling

LAS ANOD, Somalia — Senior traditional elders from the Darood community on Tuesday endorsed the Somali federal government’s decision to cancel security and port agreements with the United Arab Emirates, accusing Abu Dhabi of undermining the country’s unity, sovereignty and national independence. The position, announced after a large gathering of clan leaders in Las Anod, came as the elders convened to witness the inauguration of Abdulqadir Ahmed Aw-Ali, known as Firdhiye, as president of Somalia’s Northeastern Regional…

Somalia and Qatar Sign Defense Cooperation Deal After UAE Rift

Tuesday January 20, 2026 DOHA, Qatar — Somalia and Qatar on Monday signed a defense cooperation agreement aimed at deepening military ties and expanding security collaboration, days after Mogadishu formally ended its security and ports partnerships with the United Arab Emirates. Officials from both governments said the pact focuses on military training, exchange of expertise, development of defense capabilities and broader security cooperation. They said the agreement is intended to strengthen Somalia’s armed forces and…

Somalia, Qatar sign defense pact after diplomatic rift with UAE

Somalia, Qatar sign defense pact as Mogadishu pivots from UAE ties Agreement signed in Doha by Somali Defense Minister Ahmed Moallim Fiqi and Qatar’s Deputy Prime Minister and Minister of State for Defense Affairs Sheikh Saoud bin Abdulrahman bin Hassan Al Thani Pact covers military training, exchange of expertise, capability development and broader security cooperation Deal follows Somalia’s termination of defense and ports agreements with the United Arab Emirates Somali officials say move strengthens federal control over…

Somalia confirms negotiations with Saudi Arabia, Egypt on Red Sea security deal

Somalia confirms talks on Red Sea security pact with Saudi Arabia, Egypt MOGADISHU, Somalia — Somalia’s federal government has confirmed it is negotiating a proposed three-way security agreement with Saudi Arabia and Egypt focused on Red Sea security and expanded military cooperation, a government spokesperson said. The framework, which officials say is still being finalized, is designed to strengthen strategic security coordination, deepen military ties and reinforce the three countries’ joint role in regional stability.…