While President Donald Trump made news at the World Economic Conference in Davos this week with his demand to be handed Greenland, followed by a rambling speechWhile President Donald Trump made news at the World Economic Conference in Davos this week with his demand to be handed Greenland, followed by a rambling speech

Canada floated for EU membership as Trump-shaming speech called Davos' most inspiring

While President Donald Trump made news at the World Economic Conference in Davos this week with his demand to be handed Greenland, followed by a rambling speech and the launch of his much derided “Council of Peace,“ Canada’s prime minister was lavished with the kind of praise and positive international attention the American president can only dream of.

According to Washington Post analyst Ishaan Tharoor, Canadian Prime Minister Mark Carney’s star has risen to dizzying heights after his speech at which he made the point, “Every day we’re reminded that we live in an era of great-power rivalry. That the rules-based order is fading. That the strong can do what they can, and the weak must suffer what they must.”

He later added, “The middle powers must act together because if we’re not at the table, we’re on the menu.”

According to the Post, Carney made a huge impression that led longtime German diplomat Wolfgang Ischinger to hail the speech and report, “There are some people who are now saying, ‘why can’t we invite Canada to be a member of the E.U.?’"

Adam Tooze, who was the moderator when Trump Commerce Secretary Howard Lutnick answered questions, agreed and admitted, “It was the only one of the leader speeches that I saw that, with weight and moral earnestness, expressed the shock which many of us are feeling here.”

Ian Bremmer, president of the Eurasia Group, joined the praise, explaining, “We know that it reflects a change in the global order that we’ve almost all seen coming increasingly over the past years, but no major government leader was prepared to actually say it,” and then predicting, “people are going to be thinking back on [the speech] for quite a long time.”

The Post’s Tharoor reported that Trump appears to realize that he was shown up by Carney and lashed out by rescinding Canada’s invitation to the Board of Peace, which Canada had already rejected.


- YouTube youtu.be

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

XRP Hits ‘Extreme Fear’ Levels - Why This Is Secretly Bullish

XRP Hits ‘Extreme Fear’ Levels - Why This Is Secretly Bullish

Ripple’s native token XRP is still battling out with the bears at the $1.90 territory on Friday afternoon. The support-turned-resistance at $1.90 is particularly
Share
Coinstats2026/01/24 03:25
Tokyo’s Metaplanet Launches Miami Subsidiary to Amplify Bitcoin Income

Tokyo’s Metaplanet Launches Miami Subsidiary to Amplify Bitcoin Income

Metaplanet Inc., the Japanese public company known for its bitcoin treasury, is launching a Miami subsidiary to run a dedicated derivatives and income strategy aimed at turning holdings into steady, U.S.-based cash flow. Japanese Bitcoin Treasury Player Metaplanet Opens Miami Outpost The new entity, Metaplanet Income Corp., sits under Metaplanet Holdings, Inc. and is based […]
Share
Coinstats2025/09/18 00:32
The GENIUS Act Is Already Law. Banks Shouldn’t Try to Rewrite It Now

The GENIUS Act Is Already Law. Banks Shouldn’t Try to Rewrite It Now

The post The GENIUS Act Is Already Law. Banks Shouldn’t Try to Rewrite It Now appeared on BitcoinEthereumNews.com. Healthy competition drives innovation and better products for consumers; it is at the center of American economic leadership. Unfortunately, now that the bipartisan GENIUS Act has been signed into law, major legacy financial institutions seem to be having second thoughts about the innovations that stablecoins can bring to financial markets. Bank lobbying groups and public affairs teams have been peppering Congress with complaints about the law, urging members to reopen debate and introduce changes to the legislation that will ensure the stablecoin market doesn’t grow too quickly, protecting banks’ profits and stifling consumer choice. This reactionary response is both overblown and unnecessary. What legacy financial firms should do instead is embrace competition and offer exciting new products and services that consumers want, not try to kneecap emerging players through anti-innovation rules and regulations. The GENIUS Act was carefully designed with a thorough bipartisan process to strengthen consumer safeguards, ensure regulatory oversight, and preserve financial stability. Efforts to roll back its provisions are less about protecting families and more about protecting entrenched banking interests from the competition that helps ensure the U.S. banking system stays the strongest and most innovative in the world. Critics warn that allowing stablecoins to provide rewards could lead to massive deposit outflows from community banks, with figures as high as $6.6 trillion cited. But closer examination shows this fear is unfounded. A July 2025 analysis by consulting firm Charles River Associates found no statistically significant relationship between stablecoin adoption and community bank deposit outflows. In fact, the overwhelming majority of stablecoin reserves remain in the traditional financial system — either in commercial bank accounts or in short-term Treasuries — where they continue to support liquidity and credit in the broader U.S. economy. The dire estimates rely on unrealistic assumptions that every dollar of stablecoin issuance permanently…
Share
BitcoinEthereumNews2025/09/18 09:39