Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Syrian media: Four Israeli helicopters have touched down in the southern city of Sweida.
UN Security Council member states, excluding the United States, confirm that there is a famine in Gaza.
Syrian media: The Israeli occupation forces launch a series of airstrikes in the western Damascus countryside.
Al Mayadeen correspondent: 51 people martyred in Israeli aggression on Gaza since Wednesday morning.
Saree: Yemen will not abandon its stance in support of Gaza no matter the challenges and repercussions until the blockade imposed on the territory is lifted and the aggression it is facing is halted.
Saree: The entire world admitting to the scale of famine and aggression endured by our brothers in Gaza puts the Islamic and Arab worlds before a religious and historic responsibility.
Saree: The operation was carried out in support of the Palestinian people and their Resistance fighters, as well as in response to the genocide and deliberate starvation being perpetrated by the Israeli enemy in Gaza.
Saree: The operation achieved its goals, causing millions of enraged settlers to flee to shelters and suspending air traffic at the airport.
Yemeni Armed Forces: The operation successfully achieved its objective, sending millions of settlers to shelters and suspending airport activity.
Yemeni Armed Forces spokesperson Yahya Saree: The Yemeni Missile Force carried out an operation that targeted al-Lydd airport in occupied Yaffa using a Palestine 2 ballistic missile.

Trump at Davos: Blames Biden for 'economic chaos', vows energy reforms

  • By Al Mayadeen English
  • Source: Agencies
  • 23 Jan 2025 20:25
3 Min Read

Trump addressed European energy security, pledging to ensure liquefied natural gas (LNG) supplies for the continent.

Listen
  • x
  • People follow a virtual speech of U.S. president Donald Trump at the Annual Meeting of World Economic Forum in Davos, Switzerland, Thursday, Jan. 23, 2025. (AP Photo/Markus Schreiber)
    People follow a virtual speech of US president Donald Trump at the Annual Meeting of World Economic Forum in Davos, Switzerland, Thursday, Jan. 23, 2025. (AP Photo/Markus Schreiber)

In a high-profile address at the World Economic Forum in Davos, Switzerland, US President Donald Trump blamed the Biden administration for leaving behind "economic chaos" and laid out his administration's ambitious plans to tackle "crises" facing the nation.

"What we're doing, and going to do, my administration, is acting with unprecedented speed to fix the disasters we've inherited from a totally inept group of people and to solve every single crisis facing our country," Trump said. He pointed to soaring inflation and a mismanaged border situation as evidence of Biden's failures.

Trump assured the audience that his administration's priorities include stabilizing the economy, addressing border security, and confronting the legacy of what he called "failed policies" under his predecessor.

Energy Strategy and the Russia-Ukraine War

During his speech, Trump tied the ongoing Russia-Ukraine conflict to energy prices, arguing that lowering oil costs would bring the war to an immediate end. "I'm also going to ask Saudi Arabia and OPEC to bring down the cost of oil. You've got to bring it down, which, frankly, I'm surprised they didn't do before the election," he said. "The Russia-Ukraine war would end immediately."

Related News

Trump holds Gaza policy meeting with Tony Blair, Jared Kushner

UN Security Council members denounce Gaza famine as 'manmade crisis'

Trump criticized the current high energy prices, claiming they are fueling the conflict. "Right now, the price is high enough that that war will continue. You've got to bring down the oil price. You've got to end that war, they should have done it long ago."

Highlighting America's vast energy resources, Trump said, "The United States has the largest amount of oil and gas of any country on Earth, and we're going to use it." Leveraging these reserves would position the US as a global energy leader, he said, noting that this will strengthen the economy.

Trump also promised tax cuts for manufacturers and incentives for companies to relocate to the US, warning that those choosing to manufacture abroad would face tariffs.

Interest Rates and Economic Reform

In addition to his energy strategy, Trump announced plans to push for immediate reductions in interest rates, both domestically and globally. "I'll demand that interest rates drop immediately," he said. "Likewise, they should be dropping all over the world. Interest rates should follow us all over."

Trump's speech also touched on his vision for the United States as a manufacturing powerhouse and a leader in emerging technologies like artificial intelligence and cryptocurrencies. "It [oil and gas reserves] will make the United States a manufacturing superpower and the world capital of artificial intelligence and crypto," he declared.

The president also addressed European energy security, pledging to ensure liquefied natural gas (LNG) supplies for the continent. "Yes, I would make sure that you get it," he stated when discussing Europe's reliance on energy imports.

Read more: US energy sanctions could drive fuel prices in Europe up: Szijjarto

  • United States
  • Strategic Petroleum Reserve
  • Trump administration
  • Davos Economic Forum
  • Russia-Ukraine
  • Donald Trump
  • Interest rate

Most Read

Almost instantly after the Helsinki Accords were signed, organisations sprouted to document purported violations, whose findings were fed to overseas embassies for international amplification. (Al Mayadeen English; Illustrated by Zeinab el-Hajj)

How ‘Human Rights’ became a Western weapon

  • Opinion
  • 23 Aug 2025
Israeli soldiers stand on the top of armoured vehicles parked on an area near the Israeli-Gaza border, as seen from southern Israel, Wednesday, Aug. 20, 2025 (AP)

Palestinian fighters target Israeli soldiers, vehicles in Gaza

  • Politics
  • 21 Aug 2025
Tom Barrack's imperial tantrum in Beirut: When entitlement speaks (Photo by Mahdi Rtail)

Tom Barrack's imperial tantrum in Beirut: When entitlement speaks

  • Politics
  • 26 Aug 2025
Launch of a ballistic missile from Yemen toward the occupied Palestinian territories. (YAF military media)

Yemeni Forces announce firing hypersonic missile at Al-Lydd Airport

  • Politics
  • 22 Aug 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Pope Leo XIV delivers the Angelus prayer in St. Peter's Square at the Vatican, Sunday, Aug. 24, 2025 (AP)
Politics

Pope Leo demands Gaza ceasefire, prisoner exchange deal

Palestinians pray over the bodies of people who were killed in an Israeli military strike, during their funeral outside Shifa Hospital, in Gaza City, Friday, August 22, 2025 (AP)
Politics

'Israel’s' 'double-tap' strike on Gaza hospital must be probed: UN

Vice President Mike Pence speaks at the the American Israel Public Affairs Committee (AIPAC) 2020 Conference, Monday, March 2, 2020 in Washington. (AP Photo/Alex Brandon)
Politics

Ex-AIPAC-funded lawmakers back bill to halt US weapons to 'Israel'

A boat sails at sea near Nuuk, Greenland, Wednesday, June 18, 2025 (AP)
Politics

Denmark calls in US envoy over covert Trump-linked Greenland influence

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS