Washington, Jan 22 (NationPress) During his appearance at the World Economic Forum in Davos, President Donald Trump showcased what he termed a “significant economic revival,” introduced fresh housing and consumer credit initiatives, and urged European allies on matters of energy, migration, and Greenland. He also asserted progress toward ending the war in Ukraine and achieving peace in the Middle East.

“It’s wonderful to return to the stunning location of Davos, Switzerland,” Trump stated to an audience moderated by BlackRock CEO Larry Fink on Wednesday (local time), acknowledging “numerous esteemed business leaders, friends, and a few adversaries.”

Trump remarked that “yesterday marked the anniversary of my inauguration” and contended that “our economy is flourishing, growth is accelerating, productivity is climbing, investments are rising, and incomes are increasing. Inflation has been conquered.”

In comparison to his predecessor, he said: “Under the Biden administration, America suffered from the nightmare of stagflation, characterized by low growth and high inflation, a formula for distress, failure, and decline.”

Regarding housing, Trump stated he had acted to limit large companies’ acquisitions of single-family homes. “Homes are meant for individuals, not corporations, and America will not turn into a nation of renters,” he declared. “That’s why I’ve enacted an executive order prohibiting large institutional investors from buying single-family homes. It’s simply unfair to the public.”

He also proposed a temporary cap on credit card interest rates. “I urge Congress to limit credit card interest rates to 10 percent for one year, which will assist millions of Americans in saving for a home,” Trump said, criticizing rates as high as “28 percent, 30 percent, 31 percent, 32 percent.”

Trump announced that he had directed “government-backed institutions to acquire up to $200 billion in mortgage bonds to lower interest rates,” noting: “Last week, the average 30-year mortgage rate fell below six percent for the first time in many years.”

He also emphasized that a push for cryptocurrency is vital for US competition with China. “I’m working to ensure that America remains the crypto capital of the world,” Trump stated, mentioning that “Congress is diligently working on crypto market structure legislation… which I hope to sign soon.”

Addressing allies, Trump told the audience in Davos: “The USA is the economic engine of the globe. When America thrives, the entire world thrives.”

He criticized Western governments for pursuing “ever-increasing government spending, unchecked mass migration, and endless foreign imports,” cautioning that “the repercussions of such destructive policies have been evident.”

He identified Greenland as a “core national security interest,” stating, “I’m seeking immediate discussions to revisit the acquisition of Greenland by the United States.” He also expressed dissatisfaction, saying, “NATO has treated the United States of America quite unjustly.”

On Ukraine, Trump mentioned, “I believe Russia is eager to reach a deal. I think Ukraine wants a deal,” adding, “we’re reasonably close.” He indicated plans to meet with President Volodymyr Zelensky later that day, urging both leaders to finalize an agreement: “If they don’t, they’re foolish.”

In discussing the Middle East, Trump told Fink: “I believe we have peace in the Middle East,” while adding, “There are some minor situations like Hamas,” asserting, “Hamas has agreed to disarm.”