Daily News Digest: Trump Revives Greenland Takeover Talk
Source:shutterstock
January 22, 2025 -- Today’s top stories: Trump repeat of need to take control of Greenland raises concerns, Trump Rolls Back Biden’s EV Goals, Trump to announce up to $500 billion in AI infrastructure investment, and China’s AI Star Rises.
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Daily News Digest: Trump Revives Greenland Takeover Talk
By CommonWealth Magazineweb only
Trump repeat of need to take control of Greenland raises concerns, stirs debate
US President Donald Trump has repeatedly called for the United States to take control of Greenland from Denmark in the interests of international security, citing threats posed by Russia and China.
Greenland's Prime Minister M Te B. Egede said that his government is working to arrange a meeting with Trump in light of the United States President's threats to take over the Arctic Island.
The newly inaugurated US leader has repeatedly called for Washington to acquire Greenland and has refused to rule out using military force to do so.
The Arctic Island has autonomous status within the kingdom of Denmark.
The Danish government has also criticized the us President's plans.
Reference Sources
- ukrinform - Trump claims U.S. needs Greenland to combat Russia, China
- newsukraine - Trump advocates for US acquisition of Greenland, citing security concerns
- voanews - Trump repeat of need to take control of Greenland raises concerns, stirs debate
- politico - Greenland’s PM looks to meet with Trump
- brusselstimes - 'We don't want to be Americans,' says Greenland's Prime Minister
Trump revokes Biden order that had set 50% electric vehicles target for 2030
(Source: Shutterstock)
President Donald Trump has issued executive orders aimed at erasing tax credits for electric vehicle purchases, Federal grants for chargers, and subsidies and loans to help retool assembly lines and build battery factories.
These orders amount to a sweeping repudiation of a centerpiece of former President Joseph R. Biden Jr.’ s multibillion dollar program to address climate change, which Republicans cast as a campaign to ban gasoline cars.
The orders also present a challenge to automakers that have invested billions of dollars in electric vehicles, in part because the Biden administration encouraged them to.
Trump also plans to direct agencies to reconsider rules mandating more stringent emissions rules that would require automakers to sell between 30% to 56% EVs by 2032 in order to comply. One of those orders revokes 78 Biden-Era actions, including a 2021 executive order aimed at making half of all new vehicles sold in 2030 Electric.
The order, along with other steps expected in a second Trump administration, could slow US efforts to address climate change, much of which is caused by burning gasoline and diesel fuel that emit carbon dioxide and other planet-warming greenhouse gases.
Reference Sources
- nytimesen - Trump’s Executive Order to End E.V. Subsidies Draws Pushback
- usnews - What's Next for EVs Under President Trump?
- cna - Trump revokes Biden order that set 50% EV target for 2030
- usnews - Trump Revokes Biden Order That Set 50% EV Target for 2030
- theguardian - Trump revokes Biden order that had set 50% electric vehicles target for 2030
Trump to announce up to $500 billion in AI infrastructure investment, sources say
(Source: Shutterstock)
President Donald Trump is set to announce investments worth up to $500 billion for infrastructure tied to artificial intelligence (AI) by a new partnership formed by OpenAI, Oracle and Softbank.
The new entity, Stargate, will start building out projects needed for the further development of the fast-evolving AI in Texas. Joining Trump for the announcement fresh off his Inauguration will be Masayoshi Son of Softbank, Sam Altman of OpenAI and Larry Ellison of Oracle. Son, a billionaire based in Japan, already committed in December to invest $100 billion in US projects over the next four years.
Mr. Trump has promised to accelerate the production of American-Made AI to compete against China for global leadership in the technology, and on Monday rolled back an executive order from former President Joseph R. Trump.
Reference Sources
- apnews - Trump to announce newly formed partnership investing $500B in AI
- nytimesen - Trump Plans to Announce $100 Billion A.I. Initiative
- cna - Trump to announce up to $500 billion in AI infrastructure investment, sources say
- usnews - Trump to Announce Private Sector AI Infrastructure Investment, CBS Reports
- cnbc - Trump to announce AI infrastructure investment backed by Oracle, OpenAI and Softbank
Beijing meeting puts spotlight on China’s new face of AI, DeepSeek founder Liang Wenfeng
(Source: SCMP)
Liang Wenfeng, founder of artificial intelligence (ai) firm Deepseek, emerged as the industry's new face in China at a symposium hosted by Premier Li Qiang in Beijing on Monday.
Liang took part in the meeting where a select group of industry experts – in the fields of technology, education, science, culture, health and sports – offered Li their opinions and suggestions for a draft government work report.
Deepseek made waves in the global AI industry last December after benchmark tests showed that its Deepseek V3 LLM, which was built on a shoestring budget, outperformed rival models developed with more resources by the likes of Meta platforms and ChatGpt Creator OpenAI. Open source gives public access to a software program's source code, allowing third-party developers to modify or share its design, fix broken links or scale up its capabilities.
China's AI market is expected to be worth CNY5.6 trillion (US$765 billion) by 2030, according to State-Backed investment vehicle China International Capital Corp (CICC).
Reference Sources
The CommonWealth English daily news digest is a service curated by CommonWealth English team with the help of AI tools.
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