💨 Abstract

Despite Denmark's insistence that Greenland is not for sale, the U.S. under President Trump has been discussing a potential purchase. However, valuing an autonomous territory like Greenland is complex due to the lack of market precedents and the unique challenges posed by its economy, which relies heavily on Danish subsidies and has restrictions on resource extraction. The U.S. sees Greenland as strategically important for national security, and discussions may be a tactic to gain leverage in future negotiations.

Courtesy: theprint.in