For an extended stretch of time there was Rather a lot of exploration off the shore of Greenland, but prior to now couple of years all the licenses have been returned. There might be some possible there, but it seems it’s not greatly, or perhaps the overall economy is not ok to generate much more exploration worthwhile.
One particular argument in favor of independence has become that Greenland should have a closer Affiliation with North The us, to which it can be geographically nearer.
He said: "Plenty of matters may very well be carried out, effectively It is just a huge real-estate offer. It truly is hurting Denmark incredibly poorly because they are shedding almost $700m a yr carrying it."
If you would like some skilled track record on a difficulty or even a news event, fall us a line at [email protected] or [email protected]
The BBC is not chargeable for the material of exterior web pages. Read about our approach to exterior linking.
President Trump confirmed fascination in acquiring Greenland on Sunday, telling reporters: “We are good allies with Denmark, we protect Denmark like we secure huge portions of the world, along with the idea arrived up.
Danes voiced disbelief, along with the palace expressed shock, at Trump's decision to forgo the trip. Frederiksen was "annoyed and amazed" and reported she discovered of Trump's determination with regret, specified Denmark's strong relations with Washington.
Certainly, this is most likely never going to happen, not minimum as a result of brash undertones of Trump’s alleged designs over the place. It truly is really worth wanting to know how a buyout proposal would be received if it came from somebody like Barack Obama, or Bernie Sanders, the democratic presidential hopeful that has typically sung the praises of Nordic social democracy. The US-Greenland procuring saga isn't more than.
Greenland eradicated a 25-calendar year-previous ban on uranium mining in 2013 – uranium is commonly discovered combined with other scarce-earth metals used for smartphones and weapons programs. A southern Greenland mine might be the biggest unusual-earth metals deposit outside the house China, which at this time click here accounts for a lot more than 90 for every cent of global generation.
The 73-calendar year-previous has reportedly even sought out the belief from the White Household counsel on this buy - even so, the Wall Avenue Journal wrote that his inquiries came “with various levels of seriousnessâ€.
Greenland’s fate with climate alter, on the other hand, hangs from the balance. Although Trump has continuously expressed disbelief while in the realities of soaring world-wide temperatures, researchers say the island could inevitably be plunged underwater on account of its rapidly melting ice sheet. Industries there have already started to have a strike.
Due to world-wide warming , it really is believed that oil as well as other mineral prosperity could turn into additional obtainable during the Arctic - and Greenland. Nations such as Russia, China, the US, and Canada are racing to stake as powerful a claim as they're able to to Arctic lands, hoping they are going to yield upcoming riches.
It’s well worth remembering that ninety% of Greenland’s overall economy relies on maritime-driven resources — fishing. Which has huge benefit for humanity mainly because Every person needs maritime protein.
Why the desire? Greenland's sources are both normal—potential Strength resources, along with shares of fish and seafood—and geopolitical, symbolizing a bridge both of those amongst North The us and Europe, and also to the ever more fraught Arctic, wherever Russia includes a existence. China, also, has attempted to speculate in infrastructure in Greenland.