News in Review Wednesday 21st January 2026

In this week’s News in Review – geopolitics shake markets as Trump’s Greenland move sparks tariff threats, the World Bank sees modest growth ahead and UK data surprises on the upside.

Key takeaways:

  • Trump’s Greenland stance fuels NATO tensions and tariff threats, unsettling markets ahead of the World Economic Forum
  • World Bank forecasts modest yet resilient global growth, while warning the 2020s may be the weakest decade since 1960s 
  • UK economic data shows slight momentum, with housing sentiment improving as borrowing cost expectations shape 2026 outlook