Top Level Greenland Talks On Again

Top Level Greenland Talks On Again

We have just learned that Danish Prime Minister Mette Frederiksen has had a phone conversation with President Trump over a dispute about Greenland, her office said Friday.

Earlier this week, President Trump scrapped a visit to Denmark by saying that Frederiksen was “nasty” when she rejected his idea of buying Greenland as an absurdity.

Both leaders spoke late Thursday, and Danish media reported that the call was “constructive.” PM Frederiksen’s office says details of the discussion will not be released.

It is believed that it was the 1st time the 2 spoke since Ms. Frederiksen, who repeatedly has said the US remains one of Denmark’s close allies, took office on 27 June.

Tuesday, President Trump abruptly canceled a 2-3 September trip to Denmark as part of a European tour after Ms. Frederiksen had called Trump’s idea to buy Greenland “an absurd discussion.”

She said that Denmark doesn’t own Greenland, which belongs to its people. The scarcely populated island is part of the Danish realm and has its own government and parliament.

The political dust-up over the world’s largest island comes from its strategic location in the Arctic.

Greenland is becoming more accessible to potential Crude Oil and Key strategic mineral resources. Russia, China, the US, Canada and other countries are racing to stake as strong a claim as they can to Arctic lands, hoping they will yield future riches.

The sparsely populated island, which is 4 times zones behind Copenhagen, became a Danish colony in Y 1775 and remained that way until Y 1953, when Denmark revised its constitution and made the island a Province.

In Y 1979, Greenland and its 56,000 residents, who are mainly indigenous Inuits, got extensive home rule but Denmark still handles its foreign and defense policies, as well as currency issues.

Denmark pays annual subsidies of about $700-M to Greenland whose economy otherwise depends on fisheries and related industries.

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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