#FirstpostNews: ‘Globalisation Has Failed,’ Says US Commerce Secretary Howard Lutnick at WEF U.S. Commerce Secretary Howard Lutnick said globalisation has “failed the West and the United States” during a panel discussion at the World Economic Forum 2026 in Davos, arguing that the policy has hollowed out American industry and hurt U.S. workers. Lutnick criticised decades of offshoring, saying globalisation prioritised cheap labour over domestic manufacturing and left the U.S. dependent on foreign

#FirstpostNews: Speaking at the World Economic Forum in Davos, U.S. Commerce Secretary Howard Lutnick avoided a direct answer on Greenland, instead offering a broad line about American leadership. The exchange came amid President Donald Trump’s repeated threats to assert control over Greenland, framing the issue as a strategic priority for the United States. | Firstpost

U.S. Commerce Secretary Howard Lutnick criticized Europe's carbon neutrality goals during a panel discussion at the World Economic Forum (WEF), questioning why do they have such targets if they don't "make a battery." "They are deciding to be subservient to China who makes the batteries. Why would you do that?" he asked. "Why would the United States of America, which has oil and natural gas, try to convert to all electricity? China does not have oil and natural gas. Electricity and electric cars

As winter weather brings operational challenges across the nation, the United Coast Guard is keeping ports and waterways open and navigable, and facilitating commerce vital to economic prosperity and strategic mobility. Over the weekend, U.S. Coast Guard Cutter (USCGC) Mackinaw (WLBB 30) assisted the 650-foot motor vessel Algoma Intrepid near Beaver Island on Lake Michigan. USCGC Mobile Bay deployed to Green Bay and Sturgeon Bay to keep maritime traffic flowing. In the Northeast, Operation RENEW