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29 January 2026

Niall Ferguson: How Trump Won Davos

Niall Ferguson

That was one of the better jokes made at the president’s expense this week. And it aligns with a rapidly forming narrative in the European and liberal media that the Europeans “won Davos”: primarily by getting Trump to “de-escalate” his demand that the United States acquire Greenland from Denmark.

On Thursday, Danish prime minister Mette Frederiksen thanked her British counterpart Keir Starmer for his “very strong support to the Kingdom of Denmark.” It had, she said, “been quite a difficult time for us.” But she was grateful “to know that [we] have good friends, strong allies, and that Europeans stand together, don’t get divided, and stick to our, as you said, our common values.” Starmer cooed back in that strangulated voice of his: “We’ve got through the last few days with a mix of British pragmatism, common sense, but also that British sense of sticking to our values and our principles.”

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