Treasury Secretary Bessent calls for "entire" review of Fed
U.S. Treasury Secretary Scott Bessent on Friday called for a wide-ranging re-examination of the Federal Reserve’s role and authority, including its ...
U.S. Vice President JD Vance on Friday accused Denmark of failing to adequately protect Greenland and suggested the U.S. would be better suited to secure the semi-autonomous Danish territory. His remarks come as President Donald Trump continues to advocate for a U.S. takeover of Greenland.
During a visit to the U.S. military base at Pituffik in northern Greenland, Vance claimed Denmark had not devoted sufficient resources to protect the island from "aggressive incursions" by Russia, China, and other nations. Though he provided no details, Vance asserted that the U.S. would increase its investment in the region, including deploying additional naval ships.
While Vance pledged to respect Greenland’s sovereignty, he also suggested the territory would eventually recognize the benefits of partnering more closely with the U.S.
Danish Prime Minister Mette Frederiksen criticized Vance’s remarks, calling them "unfair" and highlighting Denmark’s long-standing partnership with the U.S. under challenging circumstances. Denmark’s Foreign Minister Lars Lokke Rasmussen acknowledged some shortcomings but argued that the U.S. had also reduced its military presence since the Cold War.
Greenland’s new Prime Minister, Jens-Frederik Nielsen, expressed concern over Vance’s visit, describing it as disrespectful and asserting Greenland’s right to self-determination.
The U.S. maintains a military base at Pituffik under a 1951 agreement, which allows visits with prior notification to Greenland and Copenhagen. Pituffik is considered essential for U.S. ballistic missile warning systems and sits along a critical route between Europe and North America.
President Trump reiterated the importance of Greenland for U.S. and global security, stating that the island is vital for "peace of the entire world." He suggested the U.S. would not rely on Denmark or any other nation to secure the area.
Despite U.S. assurances of respecting Greenland's sovereignty, anti-American protests have erupted across the island, with demonstrators wearing "Make America Go Away" caps and displaying "Yankees Go Home" banners. Local sentiments remain overwhelmingly opposed to U.S. control.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
U.S. Treasury Secretary Scott Bessent on Friday called for a wide-ranging re-examination of the Federal Reserve’s role and authority, including its control over interest rate policy, as the Trump administration steps up its campaign to assert greater oversight over the central bank.
The Trump administration is preparing to introduce new rules that would restrict or potentially block imports of Chinese-made drones and medium to heavy-duty vehicles, citing national security concerns.
British Prime Minister Keir Starmer carried out a major cabinet reshuffle on Friday (September 5), appointing new deputies as well as foreign and interior ministers in a bid to reassert control following the resignation of his deputy, Angela Rayner.
Australian driver Daniel Ricciardo confirmed on Friday (September 5) that his racing career has come to an end, announcing he will take on a new role as a global motorsports ambassador for Ford.
Lebanon’s cabinet on Friday (September 5) endorsed an army proposal to disarm Hezbollah, saying the military would begin implementing it, though without a set timeline and while noting the army’s limited resources.
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