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Which countries will be involved in a major dispute over Greenland's resources by end of 2025?
2
Resolution / Starting Odds
Denmark vs US • 25%
Denmark vs China • 25%
Denmark vs Russia • 25%
Other • 25%
Reports from international organizations 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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Similar markets
Denmark • 25%
Canada • 25%
United Kingdom • 25%
Other • 25%
Alliance with U.S. • 25%
Alliance with Denmark • 25%
Independent stance • 25%
Other alliances • 25%
Formal negotiations initiated • 25%
Greenland reaffirms sovereignty • 25%
UN intervention • 25%
No significant developments • 25%
United States • 25%
Denmark • 25%
Russia • 25%
No significant change • 25%
U.S. purchases Greenland • 25%
Denmark rejects proposal • 25%
Greenland gains more autonomy • 25%
No significant change • 25%
United States • 25%
Denmark • 25%
Joint U.S.-Denmark • 25%
Other • 25%
Strengthens ties with Denmark • 25%
Seeks new alliances • 25%
Seeks UN support • 25%
No change in alliances • 25%
Support from major allies • 25%
Opposition from major allies • 25%
Neutral stance • 25%
No official response • 25%
US and Russia • 25%
US and China • 25%
Russia and NATO • 25%
Other • 25%
Rejection of sale • 25%
Negotiation for sale • 25%
Increased cooperation without sale • 25%
No response • 25%