#greenland-annexation-concerns

#greenland-annexation-concerns

Trump's decision to announced tariffs on a raft of European nations as a means to force through the transfer of Greenland is perhaps one of the most egregious cases of blackmail against an ally in living memory. While many made peace with the unorthodox Venezuela operation given the claims of drug trafficking and population suppression, Trump's attempts to force the transfer of a fellow Nato member's land takes things a step further.

Markets reacted with speed and force. Gold jumped as much as 2.1% to a record $4,690 per troy ounce, while silver surged 4.4% as investors rush into havens. European equities opened sharply lower, with the Stoxx Europe 600 down 1.5%. Read more related news: Trump warns Norway he will not 'think exclusively about peace' US futures tracking the S&P 500 and Nasdaq 100 fell 0.9% and 1.2% respectively, even with US cash markets closed for Martin Luther King Jr Day.

Protests are also planned in the Danish cities of Aarhus, Aalborg, and Odense. The demonstration in Greenland's capital, Nuuk, is scheduled to begin at 4:00 pm (1500 GMT), according to the organizers, who say it is "against the United States' illegal plans to take control of Greenland." Demonstrators are set to march to the US consulate carrying Greenlandic flags. At least 900 people in Greenland said on its Facebook page that they planned to participate in the event.

Global warming is thawing the Arctic and igniting a high-stakes race for the riches beneath its ice. Global warming is heating up the Arctic, and global powers like the United States, Russia and China are manoeuvring to stake a claim to the resources under its melting ice. Some experts say the region, once known as an exception an island of international cooperation in the midst of geopolitical struggles is becoming the site of a second cold war.