By Graeme Wearden
Rolling coverage of the World Economic Forum in Davos:
06.20 GMT
Trump back in the air and heading to Davos
President Trump is in the air again and headed to Davos, CNN reports.
A new aircraft began rolling down the tarmac at 12:02 am, according to the White House press pool.
They add:
The crew on the plane was hustling to make the transition, quickly moving boxes of fruit, wrapped sandwiches and beverages in and out. Others, outside on the ground, were seen pulling about a dozen suitcases off the plane and placing them onto a truck.
07.58 GMT
Bessent: French budget is in shambles
Q: President Macron’s office have said they want a NATO exercise in Greenland, what’s your take?
Bessent takes aim at the French president, shooting back:
If this is all President Macron has to do when the French budget is in shambles, I would suggest he focuses on other things for the French people.
07.55 GMT
Asked about energy, Scott Bessent criticises European countries for building the Nord Stream 2 pipeline, and buying Russian oil, which handed Putin the war chest to fund his war with Ukraine.
And on the issue of trade deals, Bessent says Europe should break down trade barriers within Europe, and its external trade barriers, arguing:
Europe is a regulatory morass that is built on bureoucracy, and the layering and layering of rules that constrain economic activity…
READ FULL ARTICLE HERE… (theguardian.com)
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