Political, diplomatic divisions dominate Davos

Davosin Switzerland has been a meeting point for political leaders and business tycoons, economy and market experts.

- 

Nothing significant happened there though it attracted huge media attention. The statements made by each of them at Davos gave sense of what the mood was like in the world.For many years, the mood at Davos was optimistic though there were notes of caution about the future, especially with regard to the emergence of Al as a dominant factor of the global economy. This year's Davos jamboree very clearly reflected the many dividing lines crisscrossing the continents, and it was much more so in the Europe-United States divide over US President Donald Trump's uncompromising stance over the American intent to take over Greenland apparently for security reasons.

Trump as usual made his point in the most undiplomatic manner, saying that it was America which had defended Europe against Germany. He clearly implied that it was America alone that can check the intrusion of Russia and China in the Arctic.