SUBSCRIBE TO OUR FREE NEWSLETTER
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
5
#000000
#FFFFFF
5
#000000
#FFFFFF
world economic forum
Canada Has Concluded That Binding Itself to the US Isn't Safe; Here's Why That Matters
For those in Washington who assume the old alliances will endure regardless of how allies are treated, Canada's actions show the old order really is not coming back.
Feb 03, 2026
Canadian Prime Minister Mark Carney’s speech at the World Economic Forum on January 20 was not an exercise in pique. It was the clearest articulation yet of a strategic shift that has profound implications—not just for US-Canada relations, but for the entire structure of American alliances worldwide.
Carney told the Davos audience that “the old order is not coming back” and that the rules-based international system was always “partially false.” The strongest exempted themselves when convenient, trade rules were enforced asymmetrically, and Canada “placed the sign in the window” while avoiding the gaps between rhetoric and reality. That bargain, he declared, no longer works. Canada is now building what Carney called “strategic autonomy”—the capacity to feed itself, fuel itself, and defend itself without depending on the United States.
The speech codified what six months of frenetic diplomacy had already demonstrated. Since taking office, Carney has signed 12 trade and security agreements across four continents. Canada has joined the European Union’s €150 billion Security Action for Europe (SAFE) defense procurement program; the first non-European nation admitted. Recently, Carney announced a strategic partnership with Xi Jinping and opened Canadian markets to Chinese electric vehicles. Ottawa has committed to the largest military spending increase since World War II, deliberately structured to reduce reliance on American defense contractors.
This matters beyond North America because Canada was, until recently, the test case for deep integration with the United States. More than 75% of Canadian exports went south. Supply chains, especially in automotive and energy, were seamlessly continental. Defense was jointly managed through NORAD. If any country had conclusively answered the question of whether binding one’s self to American hegemony was safe, it was Canada.
When allies begin describing authoritarian rivals as more reliable than the United States, something fundamental has broken.
The answer, Ottawa has now concluded, is no. And that conclusion is being watched carefully in Brussels, Tokyo, Canberra, and Seoul.
The proximate cause is the Trump administration’s tariffs, threats to abandon the US-Mexico-Canada Agreement, and repeated suggestions that Canada should become the 51st US state. But Carney’s Davos speech made clear that the problem runs deeper than one administration. The issue is structural: American policy now swings so dramatically between presidencies that commitments made by one administration cannot be trusted to survive the next. For allies making decade-long investments in defense procurement, energy infrastructure, or trade relationships, this volatility is intolerable.
Carney borrowed a framework from Finnish President Alexander Stubb: “values-based realism.” Canada will remain committed to sovereignty, human rights, and international law in principle. However, Canada will be pragmatic about working with partners who do not share those values. This explains the China pivot. Beijing is not a trustworthy partner, and Canadians know this better than most after the arbitrary detention of the two Michaels—Michael Spavor and Michael Kovrig—in 2018 (and released in 2021). But China is predictable in ways that Washington no longer is. As Carney noted in Beijing, the relationship with China is now “more predictable” than the one with the United States.
That statement should alarm policymakers in Washington far more than any tariff retaliation. When allies begin describing authoritarian rivals as more reliable than the United States, something fundamental has broken.
The Canadian pivot also reveals the limits of geographical determinism. American analysts have long assumed that Canada has no real alternatives; that proximity and integration lock Ottawa into the US orbit regardless of policy. Carney is testing that assumption. The Trans Mountain pipeline now ships Canadian oil to Asia. Liquefied natural gas terminals are under construction for Pacific exports. The EU defense partnership opens European procurement to Canadian manufacturers.
Canada cannot replace American trade overnight, but it can build sufficient alternatives to survive without it. That is precisely what Carney has pledged: doubling non-US exports within 10 years.
For other US allies, the lesson is clear. If Canada, the most integrated, most proximate, most culturally similar American ally, has concluded that dependence on Washington is too risky, then no alliance is safe from reassessment. The Europeans are already drawing similar conclusions. The EU’s Mercosur deal and accelerated talks with Japan and South Korea reflect the same diversification logic. Even Australia, historically the most reliable US partner in the Indo-Pacific, is quietly exploring options.
None of this necessarily serves those allies’ long-term interests. China is not a benign alternative to American hegemony. The middle-power coalitions Carney envisions may lack the capacity to provide genuine security. And the economic costs of unwinding continental integration will be substantial. Canada’s gamble may yet prove to be a mistake.
But that is not the point. America’s closest ally has made a rational decision, based on observed evidence, that the United States can no longer be trusted, and is acting accordingly. Other allies are making similar calculations. The network of relationships that has amplified American power since 1945 is fraying, and American policy is what’s fraying it.
Carney closed his Davos speech with a line that deserves attention beyond Ottawa: “Nostalgia is not a strategy.” For those in Washington who assume the old alliances will endure regardless of how allies are treated, the warning applies with equal force. The old order really is not coming back. The question is what replaces it, and whether the United States will have any role in building it.
Keep ReadingShow Less
Trump's Board of Peace Fits Into a Long, Ignoble US Foreign Policy Tradition
When existing international mechanisms fail to serve US political objectives, new structures are invented; old ones are bypassed; and power is reasserted under the guise of peace, reform, or stability.
Jan 30, 2026
The history of American power is, in many ways, the history of reinventing rules—or designing new ones—to fit US strategic interests.
This may sound harsh, but it is a necessary realization, particularly in light of US President Donald Trump’s latest political invention: the so-called Board of Peace.
Some have hastily concluded that Trump’s newest political gambit—recently unveiled at the World Economic Forum in Davos—is a uniquely Trumpian endeavor, detached from earlier US foreign policy doctrines. They are mistaken, misled largely by Trump’s self-centered political style and his constant, though unfounded, claims that he has ended wars, resolved global conflicts, and made the world a safer place.
At the Davos launch, Trump reinforced this carefully crafted illusion, boasting of America’s supposed historic leadership in bringing peace; praising alleged unprecedented diplomatic breakthroughs; and presenting the Board of Peace as a neutral, benevolent mechanism capable of stabilizing the world’s most volatile regions.
What is truly extraordinary is that even in its phase of decline, the United States continues to be permitted to experiment with the futures of entire peoples and regions.
Yet a less prejudiced reading of history allows us to see Trump’s political design—whether in Gaza or beyond—not as an aberration, but as part of a familiar pattern. US foreign policymakers repeatedly seek to reclaim ownership over global affairs; sideline international consensus; and impose political frameworks that they alone define, manage, and ultimately control.
The Board of Peace—a by-invitation-only political club controlled entirely by Trump himself—is increasingly taking shape as a new geopolitical reality in which the United States imposes itself as the self-appointed caretaker of global affairs, beginning with genocide-devastated Gaza, and explicitly positioning itself as an alternative to the United Nations. While Trump has not stated this outright, his open contempt for international law and his relentless drive to redesign the post-World War II world order are clear indicators of his true intentions.
The irony is staggering. A body ostensibly meant to guide Gaza through reconstruction after Israel’s devastating genocide does not include Palestinians—let alone Gazans themselves. Even more damning is the fact that the genocide it claims to address was politically backed, militarily financed, and diplomatically shielded by successive US administrations, first under Joe Biden and later under Trump.
It requires no particular insight to conclude that Trump’s Board of Peace is not concerned with peace, nor genuinely with Gaza. So what, then, is this initiative really about?
This initiative is not about reconstruction or justice, but about exploiting Gaza’s suffering to impose a new US-led world order, first in the Middle East and eventually beyond.
Gaza—a besieged territory of just 365 square kilometers—does not require a new political structure populated by dozens of world leaders, each reportedly paying a billion-dollar membership fee. Gaza needs reconstruction, its people must be granted their basic rights, and Israel’s crimes must be met with accountability. The mechanisms to achieve this already exist: the United Nations; international law; longstanding humanitarian institutions; and above all the Palestinians themselves, whose agency, resilience, and determination to survive Israel’s onslaught have become legendary.
The Board of Peace discards all of this in favor of a hollow, improvised structure tailored to satisfy Trump’s volatile ego and advance US-Israeli political and geopolitical interests. In effect, it drags Palestine back a century, to an era when Western powers unilaterally determined its fate—guided by racist assumptions about Palestinians and the Middle East, assumptions that laid the groundwork for the region’s enduring catastrophes.
Yet the central question remains: Is this truly a uniquely Trumpian initiative?
No, it is not. While it is ingeniously tailored to feed Trump’s inflated sense of grandeur, it remains a familiar American tactic, particularly during moments of profound crisis. This strategy is persuasively outlined in Naomi Klein’s The Shock Doctrine, which argues that political and economic elites exploit collective trauma—wars, natural disasters, and social breakdown—to impose radical policies that would otherwise face public resistance.
Trump’s Board of Peace fits squarely within this framework, using the devastation of Gaza not as a call for justice or accountability, but as an opportunity to reshape political realities in ways that entrench US dominance and sideline international norms.
This is hardly unprecedented. The pattern can be traced back to the US-envisioned United Nations, established in 1945 as a replacement for the League of Nations. Its principal architect, President Franklin D. Roosevelt, was determined that the new institution would secure the structural dominance of the United States, most notably through the Security Council and the veto system, ensuring Washington’s decisive influence over global affairs.
When the UN later failed to fully acquiesce to US interests—most notably when it refused to grant the George W. Bush administration legal authorization to invade Iraq—the organization was labeled “irrelevant”. Bush, then, led his own so-called “coalition of the willing,” a war of aggression that devastated Iraq and destabilized the entire region, consequences that persist to this day.
A similar maneuver unfolded in Palestine with the invention of the so-called Quartet on the Middle East in 2002, a US-dominated framework. From its inception, the Quartet systematically sidelined Palestinian agency, insulated Israel from accountability, and relegated international law to a secondary—and often expendable—consideration.
The method remains consistent: When existing international mechanisms fail to serve US political objectives, new structures are invented; old ones are bypassed; and power is reasserted under the guise of peace, reform, or stability.
Judging by this historical record, it is reasonable to conclude that the Board of Peace will eventually become yet another defunct body. Before reaching that predictable end, however, it risks further derailing the already fragile prospects for a just peace in Palestine and obstructing any meaningful effort to hold Israeli war criminals accountable.
What is truly extraordinary is that even in its phase of decline, the United States continues to be permitted to experiment with the futures of entire peoples and regions. Yet it is never too late for those committed to restoring the centrality of international law—not only in Palestine, but globally—to challenge such reckless and self-serving political engineering.
Palestine, the Middle East, and the world deserve better.
Keep ReadingShow Less
Scott Bessent’s Tragic Transformation
Instead of a principled voice for sound economic policies and principles, Bessent has become a cheerleader for Trump’s dubious financial moves.
Jan 22, 2026
Treasury Secretary Scott Bessent’s job is to calm the economic fears that President Donald Trump creates. He has followed a curious journey to get there, and now he’s sacrificing his integrity and legacy to remain.
Stage 1: Democratic Fundraiser
Born in a small South Carolina town, Bessent, 63, graduated from Yale College in 1984 with a bachelor’s degree in political science. Eventually he went to work for Soros Fund Management—founded by the Republicans’ favorite Democratic demon, George Soros.
Bessent is openly gay, married since 2011 to a former New York City prosecutor, and has been a strong advocate for gay rights and marriage equality. In 2000, he supported Democratic presidential candidate Al Gore, co-hosting a fundraiser for him in East Hampton, New York. He donated $2,300 to Barack Obama’s campaign in 2007. Although he donated $25,000 to support Hillary Clinton’s presidential aspirations, by then he was a major donor to Republican candidates.
Stage 2: Republican Oligarch
Bessent returned to work for Soros in 2011 as chief investment officer but left in 2016 to form his own fund for which Soros provided a $2 billion anchor. From 2018 through 2021, as the global stock market broke records, the performance of Bessent’s fund was mediocre. Still, he amassed an estimated wealth of $600 million, although some reports refer to him as one of “Trump’s billionaires.”
Bessent and his husband have two children studying in Europe. As they process the European reaction to Trump, they may ask him what he is doing to make the world a better place.
Bessent donated $1 million to Trump’s inauguration in 2016, but was not part of the first term’s inner circle. When Trump left office in disgrace after January 6 and under the cloud of other legal woes, most business leaders were reluctant to support him publicly. But as Bessent said on Roger Stone’s radio show in 2024: “I was all in for President Trump. I was one of the few Wall Street people backing him.”
The 68 senators who voted to confirm Bessent as Treasury secretary probably hoped that, like Marco Rubio at the State Department, Bessent would be an “adult in the room.” Unlike other members of the clown car comprising Trump’s cabinet, Bessent would save the nation from Trump’s worst financial impulses.
After all, the country has never had a president who declared bankruptcy six times (although Trump told the Washington Post that he had only four because he counted the first three bankruptcies as one).
Stage 3 :Trump Sycophant
Instead of a principled voice for sound economic policies and principles, Bessent has become a cheerleader for Trump’s dubious financial moves. At times, he has resorted to rhetorical gymnastics to explain away Trump’s plain language. For example:
- On April 2, 2025, on what Trump called “Liberation Day,” the president announced his first round of universal tariffs. The thoughtless imposition of across-the-board tariffs was often nonsensical, such as tariffs on uninhabited islands near Antarctica and on countries with which the US has a trade surplus. Trump sent global markets into a tailspin and US interest rates upward. Five days later, Bessent admitted that he was surprised by the “impatience” of commentators and the financial markets. He tried to stop the carnage by saying that Trump’s bizarre action was simply a clever negotiating strategy—which made little sense to the penguins of Antarctica.
- In September, as major US companies announced the loss of billions of dollars resulting from Trump’s tariffs, Bessent dismissed their concerns.
- Bessent—who is not an economist—has parroted the Trump line that tariffs are not a tax on American businesses and consumers because foreign exporters bear the cost. A broad consensus of economists has concluded otherwise, and a major study released on January 19 found that consumers and businesses—not foreign exporters—bear 96% of tariff costs.
- As Trump touted tariffs as a boon to manufacturing, Bessent acknowledged that the US has been losing manufacturing jobs. But he insists that better days are coming.
- When Trump tried to fire Federal Reserve Board Governor Lisa Cook, Bessent said that the Fed’s independence was important, but that Trump had the right to fire her. After reportedly trying to persuade Trump not to fire Fed Chair Jerome Powell, Bessent has now become one of Powell’s most vocal attackers—along with Trump’s Justice Department.
- When the US Supreme Court heard oral argument in the case challenging Trump’s tariffs, Bessent sat in the front row. Now he’s criticizing Powell’s decision to attend the oral argument in Cook’s case.
- Most recently, Trump blamed his threat of a global trade war on Denmark’s refusal to let the US take over its longstanding territory, Greenland. In a social media post on Saturday morning, January 17, Trump announced new 10% tariffs on Denmark and the countries who stood with it in resisting Trump’s demand: Norway, Sweden, France, Germany, Britain, the Netherlands, and Finland, effective February 1. He threatened to increase the levies to 25% on June 1, unless Europe capitulated.
- Sunday evening, January 18, NPR’s Nick Schifrin posted a letter that Trump had previously sent to Norway’s prime minister, Jonas Gahr Støre. Trump revealed that after not winning last year’s Nobel Peace Prize “for having stopped 8 Wars PLUS,” he “no longer feel[s] an obligation to think purely of Peace, although it will always be predominant, but can now think about what is good and proper for the United States of America… The World is not secure unless we have Complete and Total Control of Greenland.”
- Hours after the public disclosure of Trump’s message, Bessent held an impromptu press conference on the sidelines of the World Economic Forum in Davos, Switzerland. He tried to explain away Trump’s childish fit: “I think it’s a complete canard that the president will be doing this because of the Nobel Prize,” Bessent asserted. Accusing Trump’s critics of “hysteria,” Bessent said, “What I am urging everyone here to do is sit back, take a deep breath, and let things play out.” His words fell flat, and he looked as uncomfortable as he must have felt.
- In Brussels on January 21, the European Parliament protested Trump’s demand by suspending its work on the previously negotiated US-EU trade deal. Meanwhile at Davos, Trump delivered a 90-minute screed that insulted many European leaders by name and reiterated his demand for Greenland. But later that day, Trump posted that he and NATO Secretary General Mark Rutte had worked out a “framework of a future deal with respect to Greenland and, in fact, the entire Arctic Region.” And he walked back the new European tariffs he’d threatened to impose on February 1.
Stage 4: The Coming Quest for Rehabilitation
Bessent seems destined to follow the paths of other Trump enablers who eventually left the fold, like former Attorney General William Barr. He neutered the Mueller Report on Russian election interference during the 2016 election, only to resign 18 months later as January 6 approached. Eventually, Bessent will find himself on the outs with Trump, write a book, pursue a public speaking “redemption tour,” and explain that his government service saved the country from Trump’s worst impulses.
Such a rationalization rings hollow.
Bessent and his husband have two children studying in Europe. As they process the European reaction to Trump, they may ask him what he is doing to make the world a better place. The answer is also his legacy: In the process of sacrificing his personal integrity, Bessent has disserved the nation.
Keep ReadingShow Less
'None of This Is Normal': Trump Attacks Allies, Demands Control of Greenland in Rambling Davos Speech
"Our friends think we've gone insane and our enemies are celebrating."
Jan 21, 2026
President Donald Trump on Wednesday used his closely watched speech at the World Economic Forum in Davos, Switzerland to threaten longtime US allies and once again demand control of Greenland, a performance that alarmed observers.
During his Davos address, the president took a shot at Canadian Prime Minister Mark Carney, who on Tuesday made a case for creating a new system of international order outside of US hegemony.
"Canada gets a lot of freebies from us, by the way," Trump said. "They should be grateful also but they're not. I watched your prime minister yesterday, he wasn't so grateful. But they should be grateful to us, Canada. Canada lives because of the United States. Remember that, Mark, the next time you make your statements."
Trump: "The Golden Dome is going to be defending Canada. Canada gets a lot of freebies from us, by the way. They should be grateful but they're not. I watched your prime minister yesterday. He wasn't so grateful. But they should be grateful to us. Canada. Canada lives because of… pic.twitter.com/pL1F9nppbx
— Aaron Rupar (@atrupar) January 21, 2026
Trump also once again falsely claimed that Greenland was a US territory, even though it has been recognized as a self-governing territory of Denmark for centuries.
"We need Greenland for strategic national security and international security," he said. "This enormous, unsecured island is actually part of North America on the northern frontier of the Western hemisphere. That's our territory. It is therefore a core national security interest of the United States of America."
Trump: "We need Greenland for strategic national security and international security. This enormous, unsecured island is actually part of North America on the northern frontier of the Western hemisphere. That's our territory." pic.twitter.com/PdAWZXdLAX
— The Bulwark (@BulwarkOnline) January 21, 2026
Although Trump claimed that he would not take Greenland by force during his speech, he still insisted that the US would take control of the territory, a demand the governments of both Denmark and Greenland have flatly rejected.
Journalist Spencer Ackerman warned mainstream news outlets to not emphasize Trump's claims to have ruled out starting a war to seize Greenland.
"If you're only reading headlines and see 'Trump Says He Won't Use Force' it will give you a misimpression of both how bellicose this speech is and how dug in he is on Greenland," Ackerman wrote on Bluesky.
MSNOW columnist Paul Waldman also chastised the media for not conveying the unhinged nature of the president's speech.
"Trump is giving a deranged, rambling monologue in Davos to an audience stunned into silence," Waldman wrote. "He sounds incredibly tired, his voice raspy; he keeps trailing off into long pauses. It's jaw-dropping. The sanewashing headlines are going to say 'Trump Doubles Down On Greenland Demand In Davos Speech.'"
California Gov. Gavin Newsom, who is also in Davos attending the World Economic Forum, was asked by CNN's Kaitlan Collins if he noticed that Trump repeatedly misnamed the country he was demanding be given to the US during his address.
"Did it stand out to you that he said Iceland multiple times when he was talking about Greenland?" asked Collins.
Newsom indicated that it did stand out before noting that Trump also made an absurd claim about power-generating windmills costing $1,000 per rotation.
"A lot of stuff stands out," Newsom emphasized. "None of this is normal... It's really some jaw-dropping and remarkable statements that just, you know, fly in the face of facts and evidence."
COLLINS: Did it stand out to you that he said Iceland multiple times when he was talking about Greenland?
NEWSOM: And that every time a windmill turns it costs $1,000. A lot of stuff stands out. None of this is normal. There's a deviancy of consciousness. He's graded off the… pic.twitter.com/eIJmDWiKTn
— Aaron Rupar (@atrupar) January 21, 2026
Former Rep. Tom Malinkowski (D-NJ) said that Trump's belligerent address showed that Europe's attempts to appease the president for the last year have been a failure.
"I get why foreign leaders have tried to flatter Trump," he wrote. "But the problem is that flattery reinforces his delusions that what he's doing is working, that America is more respected, when in fact our friends think we've gone insane and our enemies are celebrating."
Keep ReadingShow Less
US Union Leader Tells Davos Elites 'You're Gonna Have a Revolution' If AI Wipes Out Jobs
The president of the AFL-CIO warned of a large-scale revolt if corporate leaders use artificial intelligence to "put people out on the street with no path forward."
Jan 21, 2026
The leader of the AFL-CIO, the largest union federation in the United States, told elites and others gathered at the World Economic Forum in Davos, Switzerland on Wednesday that rapid advances in artificial intelligence risk turbocharging the worst inequities of the existing economic order, displacing workers en masse while enriching those at the very top.
Liz Shuler, the AFL-CIO's president, said during a panel discussion that if the billionaires and corporate titans currently directing AI developments are "looking to just deskill, dehumanize, replace workers" and "put people out on the street with no path forward—then absolutely you’re gonna have a revolution."
The economy in the US and around the world "isn't working for working people now," Shuler noted, citing unprecedented levels of inequality, workers being forced to take on multiple jobs to make ends meet, and widespread economic instability.
“Now, put AI on top of that," she continued. "The insecurity that we’re all experiencing—the fact that people are waking up and some new technology is landing on them in their jobs, without training, without them having a say. Of course they’re going to be anxious, of course they're going to be feeling insecure about what the future holds."
“I think we really need to stop, and say: ‘Who are we doing this for, what are the results we want, and how we get there?’" said Shuler. "We get there by including workers in the process."
The International Monetary Fund has estimated that roughly 40% of global employment is "exposed to AI." In advanced economies, according to the analysis, around 60% of jobs could be impacted by AI, either positively or negatively—with some jobs expected to disappear entirely.
Multinational corporate behemoths such as Amazon are actively planning to replace many of their workers with robots, efforts that have sparked the kinds of dire warnings that Shuler expressed at Davos, where AI is a centerpiece of this year's gathering.
In a letter to Amazon's billionaire founder, Jeff Bezos, late last year, US Sen. Bernie Sanders (I-Vt.) asked, "Are you going to simply dump these workers out on the street, or will you treat them with the dignity they deserve?"
"If Amazon succeeds on its massive automation plan," Sanders warned, "it will have a profound impact on blue-collar workers throughout America and will likely be used as a model by large corporations throughout America, including Walmart and UPS, to displace tens of millions of jobs.”
Keep ReadingShow Less
77% of Global Millionaires Agree: Extreme Wealth Allows Uber-Rich to Buy Political Influence
Actor and activist Mark Ruffalo said that “extreme wealth inequality enabled” President Donald Trump, “and is the root cause of the trend towards authoritarianism we’re witnessing in the US and around the world.”
Jan 20, 2026
For years, progressives such as Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez have made the case that the world's richest people wield a dangerous level of influence over US politics—and it turns out that many millionaires agree.
New polling conducted on behalf of Patriotic Millionaires surveyed 3,900 millionaires across the world and found that 77% of them believe that extremely wealthy people are able to buy political influence, with 62% believing that extreme wealth is a threat to democracy itself.
Furthermore, 82% of millionaires surveyed endorsed limits from how much politicians and political parties can receive from individual contributors, while 65% supported higher taxes on the highest earners to invest in public services.
President Donald Trump's second term also received low marks from the millionaires surveyed, with 59% saying he has had a negative impact on global economic stability, and 58% saying that he's hurt US consumers' ability to afford basic necessities.
The poll's release coincided with the sending of an open letter signed by hundreds of millionaires across 24 countries asking world leaders gathered in Davos, Switzerland for the World Economic Forum to increase taxes on the ultrawealthy in the name of rescuing global democracy. Trump is set to speak at the event on Wednesday.
"A handful of global oligarchs with extreme wealth have bought up our democracies; taken over our governments; gagged the freedom of our media; placed a stranglehold on technology and innovation; deepened poverty and social exclusion; and accelerated the breakdown of our planet," states the letter. "What we treasure, rich and poor alike, is being eaten away by those intent on growing the gulf between their vast power and everyone else."
Actor Mark Ruffalo, a signatory of the letter, argued that the extreme dangers posted by Trump and his political movement were the direct result of global wealth inequality that has gone unaddressed for decades.
"Donald Trump and the unique threat that he poses to American democracy did not come about overnight," Ruffalo explained. "Extreme wealth inequality enabled his every step, and is the root cause of the trend towards authoritarianism we’re witnessing in the US and around the world."
Keep ReadingShow Less
Swiss Protesters Brave Water Cannon to Say 'Trump Is Still Not Welcome' as Davos Begins
"When fascists, oligarchs, and warmongers gather in Davos, it is our duty to take to the streets," said the rally's main organizer.
Jan 20, 2026
Demonstrators in Zürich were blasted with a water cannon in subfreezing weather on Monday as they protested the pending arrival of US President Donald Trump, traveling to Switzerland this week to attend the annual World Economic Forum's gathering of global elites in Davos.
Chants of "Fuck Trump!" echoed through the streets of Zürich as thousands of demonstrators, some holding placards with messages like "Put Trumpster in the Dumpster" and "Trump Not Welcome," marched through Switzerland's largest city Monday night.
Participants protested the interconnected crises of capitalism, the worsening climate emergency, US imperialism, and the Trump administration's deadly anti-immigrant purge. They also condemned Iran's slaughter of protesters, the ongoing Gaza genocide, and attacks on Kurds in Syria. According to the Movement for Socialism (BFS)—the rally's main organizer—the Zürich protest was the largest of its kind since 2018, when Trump first attended the summit during his first term.
"In the tow of Donald Trump, a horror cabinet of warmongers, autocrats and corporate bosses will be in Davos," BFS said ahead of Monday's rally. "It is our political and moral obligation to resist the world of Trump and consorts."
[Zürich] Tausende Menschen lautstark und kämpfertisch auf der Strasse gegen Trump und das WEF! Gegen die Welt der Imperialismen!#TrumpStillNotWelcome #Antifa #smashWEF #FckTrump
[image or embed]
— sozialismus.ch (@sozialismus.ch) January 19, 2026 at 12:44 PM
Some demonstrators burned American flags to protest Trump's ongoing war-making and imperialist foreign policy, including the bombing of numerous nations, the recent unlawful military assault on Venezuela, and the illegal kidnapping of President Nicolás Maduro and his wife, Cilia Flores. There was particular ire over Trump's incessant threats to acquire the autonomous Danish territory of Greenland by any means necessary, including armed invasion.
According to police, some demonstrators set off firecrackers and smoke bombs along the march, while some protesters vandalized businesses and other property. Some people who took part in an "unauthorized" protest after the main march ended were blasted with a police water cannon, despite an air temperature of approximately 30°F (-1°C). People waving flags and symbols of Kurdish independence in Rojava were seen defiantly advancing as they were hosed down.
Police then fired rubber-coated steel bullets and tear gas at protesters after some of demonstrators allegedly pelted officers with objects including stones and fireworks.
The Swiss news site 20 Minuten reported dozens of people injured, including three police officers.
Hundreds of protesters also rallied in Davos, where they chanted slogans including, "The oceans are rising and so are we!" and held placards with messages like, "No War Profiteering!"
Bus stop ads with a photo of Elon Musk, Jeff Bezos, and Mark Zuckerberg with the caption, "Hey Davos Billionaires: Shut Up and Pay Your Tax" were seen around Davos and Zürich.
The same images and message were printed on a massive banner that was laid out in a field near Zürich's airport for arriving WEF attendees to see.
Dieses riesige Protest-Banner wurde heute im Anflugbereich des Flughafens Zürich ausgerollt, wo die #WEF Teilnehmer landen: «Hallo Davos-Milliardäre [[ Ihr seid das Problem ]] Haltet einfach die Klappe und zahlt eure Steuern!»@weforum.org
[image or embed]
— Jürg Vollmer (@juergvollmer.ch) January 20, 2026 at 1:56 AM
There were no reports of any violence at the Davos demonstration.
Ahead of Monday's protests, BFS asserted that Trump stands for oligarchy, patriarchy, fossil fuels, rising fascism, war, and imperialism.
Trump "represents a world in which the right of the fittest applies, in which genocides, wars of aggression, war crimes, regime-change operations, and economic blackmail constitute the means of international policy to maintain and expand imperialist systems of power and exploitation," the organization said.
"The WEF has always stood for the same world," it continued. "It is the world of capitalism [and] the increasingly right-wing authoritarian and violent character of this world, as it crystallizes in figures such as Trump."
"But there is also another world," BFS added. "It is worth fighting for this world. Let us organize ourselves together with all anti-fascist forces against the world of Trump and consorts!"
Keep ReadingShow Less
Capitalizing on Trump Corruption, Scammers Trick Davos Elites With Phony Pay-for-Access Scheme
"We encourage billionaires to be vigilant and only utilize the White House’s official pay-for-access operation," quipped the office of California Gov. Gavin Newsom.
Jan 20, 2026
Scammers have succeeded in tricking global elites at the 2026 World Economic Forum in Davos, Switzerland into paying top dollar for false promises of access to US President Donald Trump, whose open corruption has astonished experts and watchdog organizations.
USA House, the main event venue for the US in Davos, posted a warning on Tuesday about scammers selling supposed "VIP access" to the site, which is scheduled to feature is scheduled to feature a speech by the president, as well as panels with CEOs and Trump administration officials.
"It has been brought to our attention that again this year external parties are selling 'VIP access to USA House' and other Stromback Global venues in Davos," the notice read. "USA House and Stromback Global do not work with any external resellers and we will not give access to people who purchased such packages."
The notice concluded by expressing "sympathies to those who fell victim to these scams."
The social media team of Democratic California Gov. Gavin Newsom was quick to pounce on news of the scam, and wrote up their own mocking warning for Davos elites trying to get one-on-one time with the president.
"ALERT: Scammers are selling access to Trump at Davos," they wrote. "We encourage billionaires to be vigilant and only utilize the White House’s official pay-for-access operation."
Concerns about pay-for-access schemes have been prevalent throughout Trump's second term.
Shortly before returning to the White House last year, Trump launched his own official cryptocurrency, which raised immediate alarms about investors using it as a mechanism to bribe him.
In May, Trump hosted an exclusive dinner at one of his golf clubs in Virginia for the largest investors in his cryptocurrency, who spent a combined $148 million on Trump meme coins, according to CNBC.
Trump also drew allegations of corruption in October when he pardoned Changpeng Zhao, the founder of cryptocurrency exchange Binance who pleaded guilty to money-laundering charges in 2023, after he had helped boost the value of Trump's meme coin months earlier.
Keep ReadingShow Less
Provoking War Over Greenland, Trump Warns Nobel Snub Ends Reason to ‘Think Purely of Peace’
"These are the ramblings of a man who has lost touch with reality," said one US senator. "And he’s about to get us into a war with our allies."
Jan 19, 2026
After receiving President Donald Trump's latest demand for Greenland via text message Sunday, Norwegian Prime Minister Jonas Gahr Støre was among the European leaders who signaled they aim to meet with Trump at this week's World Economic Forum in Switzerland to dial down European-US tensions that have been stoked by Trump's persistent threats.
In his message to Gahr Støre, Trump announced that his desire to control Greenland was partially motivated by his anger over being passed over last year for the Nobel Peace Prize, which is handed out in Norway annually—but not by the country's government.
"Considering your Country decided not to give me the Nobel Peace Prize for having stopped 8 Wars PLUS, I no longer feel an obligation to think purely of Peace, although it will always be predominant, but can now think about what is good and proper for the United States of America," Trump wrote in his message, which was reportedly forwarded by the National Security Council staff to numerous European ambassadors in Washington, DC.
He repeated his claim that Denmark, which has counted Greenland as part of its kingdom for hundreds of years, "cannot protect" the Arctic island from Russia and China, and said that the "World is not secure unless we have Complete and Total Control of Greenland." Security experts in Europe say Russia and China do not pose any immediate threat to Greenland.
Trump also asked why Denmark has a "right of ownership" to the semiautonomous territory. The US has recognized for decades in formal agreements with its European ally that Greenland is a part of Denmark's kingdom.
Trump's oft-repeated claim that he has "stopped 8 Wars PLUS" has been heavily disputed, considering hundreds of Palestinians have been killed by US-backed Israeli forces since the "ceasefire" agreement the president brokered was signed in October. He has claimed credit for truces between Cambodia and Thailand as well as India and Pakistan, but the former conflict has seen renewed fighting and India has denied the existence of a ceasefire. Other peace agreements Trump had a hand in mediating have not been finalized or fully implemented.
The president has also invaded Venezuela and killed over 100 people aboard boats in the Caribbean and eastern Pacific as he claimed they were involved in drug trafficking—killings that have been called extrajudicial murder by legal experts—all while harboring anger over the Nobel Committee's refusal to honor his supposed peacemaking efforts.
In the US, the news of Trump's message led Sen. Chris Murphy (D-Conn.) to write on social media that the president's mental acuity appears to have "degraded significantly in the last year."
"These are the ramblings of a man who has lost touch with reality. He isn’t okay," said Murphy. "And he’s about to get us into a war with our allies."
Sen. Ed Markey (D-Mass.) added that Trump's Cabinet must "invoke the 25th Amendment," which allows administration officials to declare a president unable to serve, while advocate Melanie D'Arrigo of the Campaign for New York Health called on reporters to print out Trump’s letter "on a giant poster, and ask Republicans in Congress why we shouldn’t impeach him when he wants to attack our allies because he didn’t win the Nobel Peace Prize?"
"I’m tired of Republicans saying, 'I didn’t see it,'" said D'Arrigo.
Gahr Støre confirmed Monday that he received Trump's letter via text message and said the missive had been in response to the Norwegian leader's request for a three-way phone call between himself, the White House, and Finnish President Alexander Stubb to deescalate tensions.
European leaders' concerns over Trump intensified over the weekend as the US president said on Saturday he plans to impose new tariffs on longtime allies and North American Treaty Organization (NATO) partners Denmark, Sweden, France, Germany, the Netherlands, Finland, the United Kingdom, and Norway, until the US is allowed to purchase Greenland and take control of its vast minerals as well as ostensibly benefiting from its strategic location in the Arctic.
On Monday, Trump did not rule out using military force to conquer Greenland, home to about 57,000 people, saying only, "No comment" when asked about it by NBC News.
Gahr Støre and other leaders signaled plans to continue trying to handle Trump's threats against his country's own allies diplomatically, with the Norwegian prime minister amending his schedule this week to attend the World Economic Forum in Davos during Trump's planned appearance there. German Chancellor Friedrich Merz also said Monday he would try to meet with Trump at Davos on Wednesday, when the president is scheduled to deliver a keynote address.
Despite Trump's comments on the Nobel Prize, “I still believe it’s wise to talk,” Gahr Støre told TV2 Norway Monday.
But Merz emphasized that if European countries "are confronted with tariffs that we consider unreasonable, then we are capable of responding."
The European Union is considering imposing a never-before-used anti-coercion instrument to limit major US companies from doing business on the continent, or implementing its own package of tariffs on $108 billion in US imports starting February 6.
Gahr Støre said in a statement Monday that Norway's position on Greenland, as other European allies' views, "is clear."
"Greenland is a part of the kingdom of Denmark, and Norway fully supports the kingdom of Denmark on this matter. We also support that NATO in a responsible way is taking steps to strengthen security and stability in the Arctic," said the prime minister.
"As regards the Nobel Peace Prize," he added, "I have clearly explained, including to President Trump, what is well known, the prize is awarded by an independent Nobel Committee and not the Norwegian government."
Keep ReadingShow Less
Even Most Millionaires Think the Superrich Influencing Trump Threatens Global Stability
The polling was released alongside a letter urging attendees of the World Economic Forum's Davos summit to "tax the superrich."
Jan 22, 2025
As the World Economic Forum held its annual summit in Davos, Switzerland, polling released Wednesday showed that even millionaires are concerned about the wealthy's influence over Republican U.S. President Donald Trump, who started his second term earlier this week surrounded by Big Tech billionaires.
The poll, conducted in November and December by Survation on behalf of the U.S.-based group Patriotic Millionaires, is based on the responses of 2,902 people from G20 countries with investable assets over $1 million, excluding their homes.
Around two-thirds of them strongly or somewhat agreed that "superrich individuals interfered inappropriately in media, public, and political opinion in the 2024 U.S. election" (67%) and "the role the superrich will play in Donald Trump's presidency is a threat to global stability" (63%).
"When a superrich elite is determining the outcome of elections purely to protect their vested interests and accelerate profits, it's clear that we are in a terrifying age of wealth extremism."
Pollsters also found that over half of those surveyed believe that extreme wealth threatens democracy and the democratic stability of their country, and that political leaders lack the will to tackle extreme wealth. Nearly 70% of respondents said that the influence of the superrich is leading to a decline in trust in democracy.
Over 70% think that the ultrawealthy buy political influence and disproportionately sway public opinion through control of the media and social media platforms—and that their influence is leading to a decline in trust of the media and the justice system, according to the poll. Additionally, 72% favor raising taxes on the superrich to help reduce inequality and invest in public services.
The poll results were released alongside a letter to global leaders attending the Davos meeting, signed by more than 370 millionaires and billionaires from 22 countries, who argued that "oligarchy cannot be born from the political fear of upsetting the superrich," so "you must tax us, the superrich."
Signatories include American filmmaker and Patriotic Millionaires member Abigail Disney, who said in a statement that "it's easy to see the election of a figure like Donald Trump as an aberration, but that's not the case. Donald Trump—along with his so-called 'first buddy,' Elon Musk—is the final and inevitable conclusion of decades of inaction on the part of world leaders to put a check on extreme inequality."
Musk, a tech CEO and the richest person on the planet,
poured over a quarter-billion dollars into reelecting Trump, has often been seen at the president's side since his November win, and is leading the Republican's Department of Government Efficiency, a controversial presidential advisory commission created to pursue GOP dreams of slashing federal regulations and spending.
"It's hard to be optimistic about what lies ahead over the next four years—and maybe more—but if officials want to do something to ensure the stability of our democracies, they need only find the political resolve to once and for all tax wealthy people like me," said Disney.
Other signatories also shared that call, including Marlene Engelhorn, an Austrian-German who co-founded taxmenow and said Wednesday that "the superrich are buying themselves more wealth and more power while the rest of the world is living in economic fear."
"We no longer have access to free and fair media; our political and legal systems can be bought; and our democracies are on very shaky ground," added Engelhorn, one of the representatives sharing the letter in Davos. "For all our sake, in every country, we have to tackle this now. Politicians need to show their mettle; they need to tax the superrich."
Scottish award-winning actor Brian Cox, who portrayed a billionaire named Logan Roy on the show Succession, also signed on and said that "recent events have shown that the political influence of billionaires and those with extreme wealth is an extreme risk to society."
"The superrich now manage so much more than money: They manage what we read, what we watch, the information we're given, and ultimately, how we vote," he continued. "When a superrich elite is determining the outcome of elections purely to protect their vested interests and accelerate profits, it's clear that we are in a terrifying age of wealth extremism. Our leaders have lacked the backbone needed to rein in political capture and put ordinary people first. It's time we draw the line and tax the superrich."
Keep ReadingShow Less
See More
Most Popular
To inform. To inspire. To ignite change for the common good.
News & Opinion
Trending
Common Dreams, Inc. Founded 1997. Registered 501(c3) Non-Profit
Privacy Policy