Greenland, NATO, and a Defense Pact That Could Reshape Arctic Power USD/DKK Currency Up Today
Note: The channel spoke to the Membership sometime back about investing in areas that could result in enormous profits, if the U.S. went after Greenland as a territory or a state. The Trump Administration has turned its focus to Greenland, now that it appears Venezuela is a done deal.
Guys more and more it seems like the current administration is preparing for strategic positioning in case hell breaks loose. It is reported that there are, indeed, Chinees and Russian vessels anchored near Greenland 24/7. This has been an ongoing concern that previous presidents did not openly address.
Second Note: The 411 is that Cuba is next. You may want to research the Cuban currency. Cuba is in a free-fall. There is a shortage of energy and food.
Third Note: The 411 is that Trump will now send all the Venezuelan people back to Venezuela. We will need to wait and see if street rumors are real!
The U.S. Already Has a Defense Pact with Greenland — So Why Is It Suddenly a Crisis?
The NYT piece reports on President Donald Trump’s renewed push to acquire Greenland, a large Arctic island that is an autonomous territory of Denmark. Trump is framing U.S. interest in Greenland as a strategic defense issue and is discussing various ways the United States might gain control of it — including buying it or otherwise taking it over. (Reuters)
What “U.S. Defense Pact” Greenland Has with Denmark
Greenland doesn’t have its own military, so defense and foreign policy are handled by Denmark. Denmark and the United States have had a formal defense agreement since 1951 that allows the U.S. to operate military facilities on Greenland — most notably the Pituffik (formerly Thule) Space Base — to help monitor missile threats and maintain Arctic security. (AP News)
This defense pact means:
The U.S. already participates in defense activities in Greenland with Denmark’s permission.
The U.S. uses Greenland’s location to monitor strategic approaches to North America.
Trump’s talk about “defense” is tied to this existing relationship — but he is pushing much farther than past cooperation, suggesting Greenland should become part of the United States or be otherwise controlled by the U.S. because of its strategic value. (Le Monde.fr)
Why It’s a Big Deal
Trump’s statements — including that “the U.S. military is always an option” for acquiring Greenland — have sparked major international pushback: (AP News)
Denmark says Greenland is not for sale and that any attempt to seize it would break NATO treaty obligations. (SWI swissinfo.ch)
European leaders are united in supporting Greenland’s sovereignty. (El País)
Greenland’s government itself has called out U.S. rhetoric as disrespectful and insisted the island’s future should be decided by its people and Denmark, not the U.S. (euronews)
So, What Is the “Defense Pact”?
The existing U.S.-Denmark defense agreement lets American forces operate in Greenland for Arctic defense but does not give the U.S. ownership or control of the island. Trump’s current push goes beyond this — toward acquisition or annexation — which has alarmed Denmark and NATO allies. (AP News)
