Overview
- A nearly finalized $800bn prosperity package and prospective U.S. security guarantees for Ukraine were not signed at Davos, and President Volodymyr Zelensky delayed his trip until documents are ready.
- The White House’s main public proposal was a new “Board of Peace,” with invitations extended to both Zelensky and Vladimir Putin.
- Britain, France, Germany, Italy, Poland and Spain joined Denmark in a statement affirming that decisions about Greenland rest with Denmark and Greenland, rejecting U.S. threats.
- EU defense commissioner Andrius Kubilius publicly floated a European Security Council that could command up to 100,000 standing troops, underscoring a shift toward Europe-led security planning.
- Analysts say the week’s upheaval has further reduced the chances of a Davos breakthrough on Ukraine, even as U.S. envoy Steve Witkoff readies talks with Moscow.