The Greenland dispute overshadows the World Economic Forum in Davos.

Live from the UK, this is the Marketplace Morning Report from the BBC World Service.

I'm William Lee Adams. Good morning.

It's day two of this year's Davos conference.

While President Trump is due to speak at the Swiss resort on Wednesday,

his pronouncements over Greenland are already

weighing heavily on the agenda. European leaders have continued to push back on potential tariffs

for countries opposing U.S. ownership of the island, with European Commission President

Ursula von der Leyen calling it a mistake. But despite the threats, Gary Cohn, a former

senior economic advisor to Donald Trump,

says Greenland will stay Greenland. He's been speaking to the BBC's Faisal Islam.

President Trump's extraordinary attempt to project military and economic power over NATO allies,

towers like the Swiss Alps over this year's gathering in Davos.

BBC News was told of a meeting between America's business and political elite where concerns about Mr. Trump's designs on Greenland were expressed clearly.

One participant, Gary Cohn, now a tech titan for IBM, gave candid detail.

You know, the administration is running down a path, and I think they

may have various different motives for what they're doing. I think Greenland will be happy to have us

have a larger military presence there. But I think, you know, invading a country that doesn't want

to be invaded that's part of a militaristic alliance, NATO, seems to me to be a little bit over

the edge at this point. With President Trump's Treasury Secretary warning Europe not to retaliate,

but tariff wars in the air, concerns are returning about the world economy and inflation, as well

as radical instability. All this, and it's only day two of

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