Novo Nordisk, other companies meet Danish prime minister following Trump’s Greenland threat

Denmark’s PM Mette Frederiksen speaks to the media next to Minister of Defense Troels Lund Poulsen and Minister of Foreign Affairs Lars Loekke Rasmussen after the meeting in the Foreign Policy Committee at Christiansborg in Copenhagen, Jan. 16, 2025. (Reuters)
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Updated 16 January 2025
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Novo Nordisk, other companies meet Danish prime minister following Trump’s Greenland threat

  • Frederiksen summoned business leaders after speaking on Wednesday with US President-elect Donald Trump
  • The Danish leader said Trump had not retracted his threats of economic coercion during the 45-minute phone conversation

COPENHAGEN: The CEO of obesity drugmaker Novo Nordisk and heads of other Danish companies met on Thursday with Denmark’s Prime Minister Mette Frederiksen to discuss preparations for a possible trade conflict with the United States over Greenland.
Frederiksen summoned business leaders after speaking on Wednesday with US President-elect Donald Trump, who last week refused to rule out military or economic action to take control of Greenland, which is strategically important to Washington.
Trump has suggested he would impose tariffs on Danish goods if it resists his offer to buy the vast Arctic island, a semi-autonomous territory of Denmark.
The Danish leader said Trump had not retracted his threats of economic coercion during the 45-minute phone conversation, in which she told him it was up to Greenland to decide its future and offered to do more to strengthen security in the Arctic.
“We don’t want to have any kind of conflict with the Americans in the trade area, but of course we are working with the companies, with the business organizations and with our European colleagues,” Frederiksen told journalists.
She said she had informed Greenland’s Prime Minister Mute Egede ahead of the phone call with Trump, and that she had also spoken to Egede right afterwards.
“We’re not preparing for specific things we don’t know yet, but it has been hinted at from the US side that there may unfortunately be a situation where we work less together than we do today,” she added.

DISCUSSIONS WITH BUSINESS LEADERS
Frederiksen said she had emphasized in her conversation with Trump that Danish companies contribute to growth and jobs in the United States and that the EU and the US have a common interest in increased trade.
The CEO of Danish obesity and diabetes drugmaker Novo Nordisk, Lars Fruergaard Jorgensen, will participate in the meeting, the company said on Thursday.
Novo, which competes with US drugmaker Eli Lilly in the fast-growing weight-loss drug market, makes the main active ingredient — semaglutide — in its popular obesity and diabetes injections Wegovy and Ozempic in Denmark, and exports it to the United States.
In the first nine months of 2024, Novo’s US sales totalled 115 billion Danish crowns ($15.86 billion), of which obesity drug Wegovy accounted for 31.1 billion.
Other participants in the meeting include CEOs of jewelry maker Pandora, toymaker Lego, brewer Carlsberg , wind turbine maker Vestas and offshore wind farm developer Orsted, the companies said.
Shipping group Maersk said its executives were traveling and would not participate.


Single ‘digital nation-state’ is not a far-fetched notion, Melania Trump tells UN Security Council

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Single ‘digital nation-state’ is not a far-fetched notion, Melania Trump tells UN Security Council

  • US first lady argues that AI and global connectivity could reshape education, help reduce conflict and empower children worldwide
  • Societies rooted in knowledge foster innovation, tolerance and moral reasoning, while those shaped by ignorance risk disorder and conflict, she says

NEW YORK CITY: The idea of a single digital nation-state is “not so far-fetched,” US First Lady Melania Trump told the UN Security Council on Monday.
She argued that artificial intelligence and global connectivity could reshape education, help reduce conflict and empower children worldwide.
The US holds the rotating presidency of the council for March, and as she presided over its first meeting of the month Trump said technology was erasing borders and creating what she described as a shared intellectual future.
“Perhaps this idea isn’t so far-fetched,” she said, pointing to the rise of digital currencies, blockchain-based payment systems, and AI-driven databases she argued were already transforming media and financial markets.
Trump thanked the US’s fellow council members — the UK, France, Russia, China, Greece, the Democratic Republic of Congo, Denmark, Panama, Liberia, Somalia, Colombia, Pakistan, Bahrain and Latvia — for their role in efforts to maintain international security.
The responsibility for preventing conflict “must be applied evenly and should never be carried out lightly,” she said. Her remarks focused in particular on the role of education as the foundation of peace and stability.
“A nation that makes learning sacred protects its books, its language, its science and its mathematics. It protects its future,” Trump said, arguing that societies rooted in knowledge foster innovation, tolerance and moral reasoning, while those shaped by ignorance risk disorder and conflict.
Education is widely recognized as a fundamental human right, she added, yet many children and young adults around the world remain barred from the chance to attend high school or university. The losses arising from this squandered potential, from potential medical breakthroughs to possible advances in food security and technology, are borne not only by the individual countries involved but by humanity as a whole, she said.
Trump called for the expansion of global access to technology to help bridge the digital divide, noting that about 6 billion people, 70 percent of the world’s population, now use mobile devices and the internet.
“If our nations band together, we can close the technological divide,” she said, describing a world in which a farmer on a remote Greek island, a student in Somalia and a resident of New York City can all tap into centuries of accumulated human knowledge.
AI was democratizing access to information once confined to university libraries, she added, and redefining participation in the global “economy of ideas.”
She continued: “Conflict arises from ignorance. Knowledge creates understanding, replacing fear with peace and unity.”
Trump called on council members to safeguard learning and promote access to higher education, urging them to “build a future generation of leaders who embrace peace through education.”
She added: “The path to peace depends on us taking responsibility to empower our children through education and technology.”