Rich People Trades
  • Business
  • World News
  • Politics
  • Investing
  • Business
  • World News
  • Politics
  • Investing

Rich People Trades

World News

Denmark boosts Arctic defense spending by $2 billion after Trump’s Greenland interest

by admin January 28, 2025
January 28, 2025
Denmark boosts Arctic defense spending by $2 billion after Trump’s Greenland interest

Denmark said on Monday it would spend 14.6 billion Danish kroner ($2.05 billion) boosting its military capabilities in the Arctic – a decision that comes amid continuing furor following US President Donald Trump’s renewed interest in controlling Greenland, a semi-autonomous Danish territory.

The agreement aims to “improve capabilities for surveillance and maintaining sovereignty in the region,” according to a statement from Denmark’s Ministry of Defense.

“At the same time, support to Allies and NATO’s efforts in the Arctic and North Atlantic is essential to strengthening overall security and defense,” the statement added.

As part of the investment package, Denmark will fund three new Arctic naval vessels, two long-range drones with the ability to conduct surveillance over large areas and increased admission to Arctic basic military training.

“We must face the fact that there are serious challenges regarding security and defense in the Arctic and North Atlantic,” Troels Lund Poulsen, Denmark’s minister of defense, said. “For this reason, we must strengthen our presence in the region. That is the objective of this agreement, which paves the way for further initiatives already this year.”

Vivian Motzfeldt, Denmark’s minister of statehood and foreign affairs, added that “Greenland is facing a changing security landscape.”

The announcement comes after the European Union said it was “not negotiating” on the sovereignty of Greenland

Asked if the EU should negotiate the territorial integrity and sovereignty of Denmark, EU’s foreign policy chief Kaja Kallas said: “No, we are not negotiating on Greenland. Of course, we are supporting our member state Denmark and its autonomous region, Greenland.”

‘US shifts to a more transactional approach’

Trump, who took office on January 20, has previously described US control of Greenland as an “absolute necessity.” Both Greenland and Denmark have said previously that the island is not for sale.

The question to Kallas on Monday came after she told a press conference that Europe needed to “close ranks” as the “United States shifts to a more transactional approach” in its foreign relations.

She told the same conference that the US was an “important ally” and that America and Europe were “very much interlinked,” but added that “it’s not like somebody is telling us what to do and we are following” and warned against further speculation over Greenland.

“We shouldn’t also go into speculation about the ‘what ifs,’ because this is not the situation right now,” she said.

Still, US and Danish officials have said they don’t understand the incoming president’s obsession with acquiring Greenland, which Trump has called “an absolute necessity,” particularly because the US already has a decades-old defense agreement with the territory that has allowed the US to build up a significant military presence — including troops and radar systems — on the world’s largest island.

Despite those rebuttals, the debate over Greenland’s future has been stirred up by growing speculation over its independence movement.

In his New Year’s speech, Greenland’s prime minister said the island should break free from “the shackles of colonialism” – though the speech did not mention the United States.

This post appeared first on cnn.com

previous post
Suicidal tendencies and ’80s battlefield tactics: How North Korean soldiers are operating in Russia’s war on Ukraine
next post
Climate change is disrupting food systems across Latin America, UN report says

Related Posts

Trump’s Gulf Arab allies race to avoid all-out...

June 21, 2025

Up to 400,000 displaced from Darfur camp after...

April 15, 2025

‘Ethnic cleansing!’ Videos show Syrian government-aligned forces reveling...

March 17, 2025

‘Number of people killed’ after car drives into...

April 27, 2025

London’s mayor: ‘Clearly a link’ between Trump and...

March 21, 2025

The world’s smallest elephants are facing extinction. One...

May 1, 2025

British government takes over running of UK’s last...

April 13, 2025

Burst gas pipe sparks colossal fire in Malaysia

April 1, 2025

Former Olympic cyclist Rohan Dennis receives suspended sentence...

May 14, 2025

Former Philippines leader Duterte appears in Hague courtroom...

March 15, 2025

    Join our mailing list to get access to special deals, promotions, and insider information. Your exclusive benefits await! Enjoy personalized recommendations, first dibs on sales, and members-only content that makes you feel like a true VIP. Sign up now and start saving!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Editors’ Picks

    • 1

      First lady Melania Trump’s new official portrait revealed

      January 28, 2025
    • 2

      American fighters are dying in Ukraine in growing numbers. Bringing their bodies home is a complex task

      January 30, 2025
    • 3

      ECOWAS pledges to ‘keep door open’ after 3 coup-hit West African nations exit regional bloc

      January 30, 2025
    • 4

      Vale Launches Strategic Review of Thompson Nickel Operations Amid Market Challenges

      January 28, 2025
    • 5

      Europe’s busiest airport is set to get bigger, as Britain green-lights tortured Heathrow expansion project

      January 30, 2025
    • 6

      Top Altcoins to Watch in 2025: An Investor’s Guide

      January 28, 2025
    • 7

      DeepSeek is giving the world a window into Chinese censorship and information control

      January 30, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: richpeopletrades.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 richpeopletrades.com | All Rights Reserved