Rumors that Greenland will be taken over by the White House after Venezuela

It’s been less than a week since the US attack on Venezuela, but there are already whispers in the White House about the possibility of another military operation. On Tuesday, press secretary Caroline Levitt told CNBC that the Trump administration was not discounting “the use of the U.S. military” to acquire Greenland.

Even before this news broke, headlines about a possible acquisition were already circulating. European politicians united to protect Greenland’s borders, while leaders of Denmark and its autonomous territories emphasized the Arctic island’s sovereignty.

However, like the US attack on Venezuela, US President Donald Trump’s aggressive stance around Greenland did not appear to have rattled the market much. actual, S&P500 and Dow Jones Industrial Average A new record was set along with the European record. Stocks 600.

“The market’s reaction to the Venezuela news highlights the gap between headline risk and actual price action,” said Angelo Kourkafas, senior global investment strategist at Edward Jones. “The arrest of[Venezuela President Nicolas]Maduro is a notable geopolitical event, but it does not have an immediate impact on oil supplies. It is a factor that the market is really concerned about.”

Meanwhile, a report by Søren Villegaard, Head of Securities and Balance of Payments at the National Bank of Denmark, said Greenland’s economy faced “significant challenges”. However, the island has rare earth deposits, and the annexation of Greenland by the United States could send related stocks soaring.

However, there is no denying that if President Trump were to give in to his desire to acquire Greenland, the move would be serious, both from a geopolitical perspective and at the level of individual human lives. Markets could react badly to the possibility of a symbolic and concrete breakdown of the NATO partnership.

Highest closing prices for the S&P 500 and Dow. On Tuesday, major U.S. indexes Amazon, micron and Palantir. The pan-European Stoxx 600 index also rose 0.58% to close at a record high.

President Trump is considering military action against Greenland. The White House is considering “a wide range of options” to acquire Greenland, including “the use of the U.S. military,” White House press secretary Caroline Leavitt told CNBC on Tuesday.

“Greenland belongs to the people.” European leaders released a joint statement on Greenland’s sovereignty on Tuesday, which preceded Levitt’s comments. Greenland Prime Minister Jens Frederik Nielsen on Monday rejected comparisons with Venezuela.

The US obtains oil from Venezuela. President Trump said Tuesday evening that the United States would receive between 30 billion and 50 million barrels of oil from Venezuela, which would be sold at market prices.

(PRO) Defense stocks environment. Morgan Stanley said some defense stocks could get a boost this year as geopolitical tensions rise and the United States appears to be ramping up military operations.