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Market
Will Denmark deploy two new inspection ships to Greenland by end of 2025?
2
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from the Danish Ministry of Defense or credible news outlets
Story
Denmark Boosts Greenland Defense Spending by $1.5 Billion, Including Two New Ships and Drones, After Trump Expresses Interest in Purchase
Dec 24, 2024, 08:32 PM
Denmark has announced a substantial increase in its defense spending for Greenland, committing approximately $1.5 billion to bolster the island's security. This decision comes in the wake of comments made by U.S. President-elect Donald Trump, who reiterated his interest in acquiring Greenland, describing it as an 'absolute necessity' for U.S. national security. Danish Defense Minister Troels Lund Poulsen characterized the timing of the announcement as an 'irony of fate.' The new defense package will include the purchase of two new inspection ships, two long-range drones, and two additional dog sled teams, aimed at enhancing Denmark's military presence in the Arctic region. The move reflects Denmark's intent to assert its sovereignty over Greenland amid concerns over potential U.S. claims to the territory.
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