President Donald Trump has reiterated his interest in purchasing Greenland, raising concerns about potential military or economic measures to achieve the goal. Greenland’s strategic location draws global attention, as China and Russia expand their Arctic influence. Russia has reopened Soviet-era military bases, while China announced plans for a “Polar Silk Road” and previously sought infrastructure projects in Greenland. Experts highlight Greenland’s role in the U.S. ballistic missile defense system and its economic potential from Arctic shipping routes grew by more than a third in a ten year period.
Category
🗞
NewsTranscript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02President Donald Trump has reiterated his interest in purchasing Greenland,
00:06raising concerns about potential military or economic measures to achieve the goal.
00:10Greenland's strategic location is drawing global attention,
00:13as China and Russia expand their Arctic influence.
00:16Russia has reopened Soviet-era military bases, while China announced plans for a polar self-road
00:22and previously sought infrastructure projects in Greenland.
00:25Experts highlight Greenland's role in the U.S. ballistic missile defense system
00:30and its economic potential from Arctic shipping routes
00:33grown by more than a third in a 10-year period.
00:35For all things money, visit Benzinga.com slash GSTV.