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China is interested in polar science, infrastructure, and natural resources, while Greenland wants outside investment; [37] more delegations have visited China than the United States. [24] China is the largest outside investor, [25] with $2 billion in investments from 2012 to 2017 accounting for 11.6% of island GDP.
The incoming Trump administration has reinvoked chatter about the possibility of the United States purchasing Greenland, an idea floated during the president-elect's first term in office.
$100 Million: That’s how much President Harry Truman offered Denmark to purchase Greenland back in 1946, a deal the Danes turned down. According to a Wall Street Journal report Thursday ...
What to Buy Banks may be the crux of the Trump trade. Jay Hatfield, the CEO of Infrastructure Capital Advisors, isn’t a fan of stock picking based on the presidential race.
In 2017, the Danish government declined a proposal from China to purchase an abandoned naval base on Greenland over concerns the arrangement would strain its relations with the United States. American president Donald Trump discussed the idea of purchasing Greenland with senior advisers.
Numerous Greenlandic and Danish politicians, including the Premier of Greenland and the Prime Minister of Denmark, rebuffed the idea, saying that the island is not for sale. [21] [22] A few days later, Trump abruptly postponed a planned state visit to Denmark just days before, citing their unwillingness to discuss his proposal of buying ...
Stocks to buy after a Trump win Banks are at the crux of the Trump trade. Jay Hatfield, the CEO of Infrastructure Capital Advisors, isn’t a fan of stock picking based on the presidential race.
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