Davos

South Africa on Tuesday confirmed that it will withdraw from the Group of 20 (G20) economic forum for the year 2026, because the United States holds the rotating presidency for the year, and relations between Johannesburg and President Donald Trump have been tense.

This is the Breitbart Business Digest’s weekly wrap, where we run through the news of the week with the wild abandon of a Canadian Prime Minister kowtowing to Chinese communists.

During Thursday’s broadcast of Fox News Channel’s “Gutfeld!,” host Greg Gutfeld gave President Donald Trump high marks for his appearance at the World Economic Forum in Davos, Switzerland.

Treasury Secretary Scott Bessent continued his hilariously accurate attacks on Gov. Gavin Newsom (D-CA) Thursday by pointing out that the failed governor is “in over his hairdo.”

Secretary of State Marco Rubio declared that the President Trump-led Board of Peace is also “a board of action” in his remarks at the body’s charter announcement in Davos, Switzerland. 

The Danish and Greenlandic govts poured cold water on potential U.S. sovereign base amid speculation over what the NATO deal might involve.

President Donald Trump, chairman of the newly minted Board of Peace, said Thursday in Davos that the board has the opportunity “to be one of the most consequential bodies ever created.” 

Brexit boss Nigel Farage warned international corporatist elites at the World Economic Forum that Britain will no longer be bound by their diktats and will follow its “national interest” above all else.

California Governor Gavin Newsom claimed Wednesday the Trump administration blocked him from addressing globalist elites at a World Economic Forum (WEF) event in Davos.

Treasury Secretary Scott Bessent took aim at California Governor Gavin Newsom during a speech at the World Economic Forum this week, focusing on Newsom’s economic record, his presence in Davos alongside Alex Soros, and his handling of issues such as homelessness, budget deficits, and pandemic-era policies.

“Very important and strategic island” is key to questions including Arctic security, hypersonic weapons, and raw materials, Davos heard.

President of Argentina Javier Milei said Wednesday at Davos the West must once again embrace Greek philosophy, Roman law, and Judeo-Christian values.

President Donald Trump warned that the West must not import foreign cultures from failed nation-states like Somalia, during a speech in Davos, Switzerland, at the World Economic Forum on Wednesday 

President Donald Trump predicted at the World Economic Forum (WEF) on Wednesday that Secretary of State Marco Rubio will go down as the best official ever to hold the post. 

President Donald Trump expressed his vision for “a strong and unified West” at the World Economic Forum on Wednesday and called on Europe to abandon the culture it has cultivated over the past decade. 

President Donald Trump told world leaders and elites in his speech at Davos, Switzerland, that the United States is the only nation in a position to “secure Greenland.”

President Donald Trump insisted Wednesday he won’t use force to acquire Greenland. Not now, not ever. He made that clear during a speech at the World Economic Forum (WEF) before the elites in Davos, Switzerland, assembled for the annual gathering.

Marine One touched down at Davos on Wednesday afternoon, conveying U.S. President Donald Trump to the very heart of globalism.

NATO chief Mark Rutte on Wednesday credited President Donald Trump with forcing European governments to lift their defence spending and rely less on U.S. taxpayer dollars for their survival.

Air Force One returned to Joint Base Andrews in Washington, D.C., after departing with President Trump for Switzerland due to a reported “minor electrical issue” on Tuesday. 

Gov. Gavin Newsom (D-CA) became testy and ranted about world leaders not standing up to President Donald Trump when speaking to a reporter Tuesday at the World Economic Forum (WEF) in Davos, Switzerland.

North Atlantic Treaty Organization (NATO) Secretary General Mark Rutte told President Donald Trump that he is “committed to finding a way forward on Greenland.’ 

European Commission President Ursula von der Leyen declared that the sovereignty of Greenland is “non-negotiable” during her address on Tuesday at the World Economic Forum in Davos.

U.S. President Donald Trump will address globalist elites in Davos, Switzerland, on Wednesday at the World Economic Forum (WEF) and set out the future of Greenland as well as the course, direction and speed of a host of other geopolitical initiatives he is driving.

America’s relations with Europe remain strong and trans-Atlantic trading partners are best advised to “take a deep breath” and let tensions driven by the Trump administration’s new tariff proposals over Greenland “play out,”  U.S. Treasury Secretary Scott Bessent on Tuesday counseled.

U.S. President Donald Trump will attend the World Economic Forum (WEF) annual gathering in Davos, Switzerland, this week as he continues to challenge the established world order with a series of geopolitical victories and the promise of more to come.

President Donald Trump will announce a plan next week allowing Americans to use funds from their 401(k) retirement accounts for home down payments, National Economic Council Director Kevin Hassett said Friday. Hassett disclosed the proposal during an interview with Fox

An internal investigation conducted by the World Economic Forum has determined that there was no evidence that founder and former chairman Klaus Schwab committed wrongdoing during his time at the helm of the top globalist institution. 

The founder of the World Economic Forum (WEF) has been accused of ordering the falsification of research to make it appear that Brexit was detrimental to Britain’s economy.

Then, just like that, he was gone. The globalist World Economic Forum (WEF) founder Klaus Schwab on Monday vacated his position as chair of its board of trustees, the elite Geneva-based institution confirmed.

Kentucky lawmakers are questioning why Gov. Andy Beshear (D) spent $80,000 on a taxpayer-funded tour of Europe last month.

As the European economy continues lagging behind the United States, the head of the International Monetary Fund (IMF) told the Davos elites the time has come for Europe to collectively look across the Atlantic and follow the U.S. lead as it grows in confidence daily under the leadership of President Donald Trump.

A ‘pay for dates’ website has claimed that the World Economic Forum’s annual meeting in Davos set a record for the number of escorts hired by globalist elites.

President Donald Trump slammed the policy failures that the global elites championed for years during his Thursday speech at the World Economic Forum. 

President Donald Trump slammed Bank of America CEO Brian Moynihan while speaking to him virtually Thursday at the World Economic Forum (WEF) in Switzerland over claims his company has debanked conservatives.

President Donald Trump speaks at the World Economic Forum (WEF) on Thursday, January 23.