Greenland, the world’s largest island under Danish sovereignty that US President Trump wants to buy covers an area of more than 2.1 million km2 and is said to cost up to 10,000 billion USD.
According to expert Konstantin Ordov, Professor of Financial Management at Russia’s Plekhanov Economic University, estimates of the value of Greenland could reach $ 10,000 billion.
Trump also confirmed that the White House is assessing the idea of acquiring Denmark’s Greenland as the US used to buy Alaska from the Russian Federation.
However, contrary to President Trump’s wishes, Prime Minister of Denmark Mette Frederiksen stressed, “Greenland is not for sale. Greenland is not Danish. Greenland belongs to Greenland. I really hope that all of this (America’s plan to buy Greenland) is not serious. ”
So what’s Greenland “hot” that President Trump is anxious to buy?
Greenland was granted autonomy by Denmark in 1979. According to CNN, Greenland’s population is about 56,000. They are descendants of the Eskimo who emigrated from Canada or Denmark.
Greenland is famous for its rich natural resources such as coal and uranium. In particular, this is also the place where the US military built the Thule Air Base operating from 1951, about 1,200 km from the Arctic Circle. Based on radar equipment in the ballistic missile warning system early, it is possible to detect intercontinental ballistic missiles flying toward the United States.
The fisheries industry is the backbone of Greenland’s economy. Only 20% of the 2.16 million km2 of the island is inhabited. Residents here are assessed to have a very high standard of living.
Greenland is the world’s largest island located above Canada and reaching the North Pole. However, about 81% of Greenland’s surface area is covered with snow and ice. Although Greenland is closer to the Americas, its national history and politics are influenced by Europe.
One of Greenland’s most prominent features is snow and ice. Many scientists consider melting ice as a symbol of climate change on Earth. But some Greenland icebergs become tourist attractions.
In the past, the US government once expressed its desire to buy Greenland. Specifically, after World War II, President Harry Truman offered to buy Denmark’s Greenland for $ 100.000.000, but was rejected. By 1867, Secretary of State William Seward also expressed interest in buying the island.
Discover some pictures of life on Greenland Island published by CNN: