Market
Will Denmark complete $1.5 billion defense upgrade in Greenland by end of 2025?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from the Danish Ministry of Defense or credible news outlets
Story
Denmark Boosts Greenland Defense by $1.5 Billion After Trump's Renewed Interest in US Control
Dec 24, 2024, 07:09 PM
Denmark has announced a significant increase in defense spending for Greenland, budgeting an additional $1.5 billion to enhance the island's security and reaffirm its ownership. The move comes after US President-elect Donald Trump reiterated his desire for US control of the Arctic territory rich in minerals and natural resources, citing security reasons. Danish Defense Minister Troels Lund Poulsen described the timing of the announcement as an 'irony of fate' and stated that the increased funding, which includes the deployment of new dog sled teams, was already planned. He added, 'Now we are planning a stronger presence.'
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Yes • 50%
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Inspection Ships • 25%
F-35 Fighter Jet Facilities • 25%
Dog Sled Teams • 25%
Long-range Drones • 25%
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