CNBC Daily Open: Trump's Greenland ambitions have global repercussions

U.S. President Donald Trump's ambitions astir Greenland are rapidly gaining factual signifier — that is, evolving from rhetoric into action.

Mining institution Amaroq told CNBC the White House has been having discussions with the steadfast implicit investing successful its mining projects successful Greenland. If it's a purely concern transaction, that mightiness not beryllium unwelcome: Aaja Chemnitz, the subordinate of parliament representing Greenland successful the Danish Parliament, and seat of the Greenland Committee, told CNBC that the land is "open for business."

Being unfastened for business, however, does not mean welcoming a takeover bid. "It's been rather wide from the opening that Greenland is not for merchantability and ne'er volition be," Chemnitz said.

But that could beryllium connected the docket for U.S. Secretary of State Marco Rubio's planned gathering with Danish authorities adjacent week. While the gathering was initiated by Denmark's overseas minister, Lokke Rasmussen, and his Greenlandic counterpart, Vivian Motzfeldt, Rubio volition beryllium looking to sermon how the U.S. tin get the Arctic island.

In the precise hypothetical script — let's telephone it a thought experimentation — that the U.S. buys Greenland, the land would beryllium valued astatine astir $2.8 trillion, according to a center-right U.S. deliberation tank, though different parties enactment that fig lower.

Rubio volition besides person to navigate thorny issues, specified arsenic dealing with Greenlander's tendency for independency and Europe's response. As for different planetary powers, portion Russia is conspicuously quiet — astir apt due to the fact that it is much funny successful seeing immoderate part successful NATO implicit this matter — China is keenly watching developments, having described itself arsenic a "near-Arctic state" successful 2018. Any transaction — oregon cognition — connected this standard volition person planetary repercussions.

U.S. considering investing successful mining projects successful Greenland. Amaroq, which operates connected the island, said the White House is talking to it astir investment successful its projects that extract oregon research gold, gallium and different captious mineral deposits.

Trump medication races to travel up with Greenland takeover plan. U.S. Secretary of State Marco Rubio is acceptable to meet Denmark officials adjacent week to sermon the situation. Here are four cardinal issues surrounding the meeting.

Chinese ostentation accelerates successful December. The country's consumer terms scale roseate 0.8% from a twelvemonth earlier, arsenic expected by a Reuters canvass of economists. That's the highest level since Feb. 2023. However, ostentation was level for 2025 arsenic a whole.

Divergence betwixt U.S. indexes. The Dow Jones Industrial Average rose Thursday but the Nasdaq Composite slid arsenic investors rotated retired of tech. Asia-Pacific markets mostly advanced Friday. Australia's Rio Tinto had its worst time since 2022 connected quality it had entered buyout talks with Glencore. Meanwhile, Asian defence stocks broadly climbed.

[PRO] Venezuela enslaved bets wage off. Lee Robinson, laminitis and main concern serviceman of distressed indebtedness capitalist Altana Wealth, captured returns of 30% successful Venezuelan bonds aft the U.S. onslaught connected the country. Robinson said there's "more upside" to come.

Trump is hopeless to instrumentality Greenland. Can NATO support itself — and is it consenting to?

Europe spent overmuch of 2025 scrambling to bolster its defenses against Russia — but conscionable a week into the caller year, it's being forced to rethink information erstwhile again amid U.S. President Donald Trump's threats to annex Greenland.

On Monday, Denmark's Prime Minister Mette Frederiksen warned an American takeover of Greenland would spell the extremity of NATO. Of NATO's 32 members, 23 – including Denmark – are besides members of the European Union, which has been moving extensively to guarantee Trump's medication continues its support for Ukraine.

— Chloe Taylor