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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Posted By Global Banking and Finance Review

    Posted on March 25, 2025

    Featured image for article about Headlines

    COPENHAGEN (Reuters) -The United States is exerting "unacceptable pressure" on Greenland, Denmark's Prime Minister Mette Frederiksen said on Tuesday, ahead of an unsolicited visit by a high-profile U.S. delegation to the semi-autonomous Danish territory this week.

    The visit, which runs from Thursday to Saturday, will be led by Usha Vance, wife of U.S. Vice President JD Vance, and include White House National Security Adviser Mike Waltz and Energy Secretary Chris Wright.

    President Donald Trump on Monday reiterated his suggestion that the U.S. should take over Greenland, saying the vast island was important for U.S. national security. Frederiksen has rejected the proposal.

    "I have to say that it is unacceptable pressure being placed on Greenland and Denmark in this situation. And it is pressure that we will resist," she told Danish broadcasters DR and TV2.

    Greenland's acting head of government, Mute Egede, has labelled the visit a "provocation," as it coincides with government coalition talks and municipal elections scheduled for the following week.

    Since Donald Trump Jr.'s private visit to the mineral-rich island in January, Trump has consistently discussed U.S. annexation of Greenland.

    On Monday, Trump said that his administration was working with "people in Greenland" who want something to happen, but did not elaborate.

    "The visit is clearly not about what Greenland needs or wants," said Frederiksen. "President Trump is serious. He wants Greenland. Therefore, (this visit) cannot be seen independently of anything else," said Frederiksen.

    Brian Hughes, spokesman for the White House National Security Council, said the delegation aimed to "learn about Greenland, its culture, history, and people."

    Frederiksen disputed the notion of a private visit with official representatives. She said Denmark did not oppose ties with the United States, citing a 1951 bilateral agreement which established U.S. rights to move freely and construct military bases in Greenland, given Denmark and Greenland are notified.

    "We are allies," she said, adding: "There is no indication either in Denmark or Greenland that we do not want cooperation with the Americans."

    Egede has called for more robust support from allies against the U.S.

    "There is massive support from the Nordic countries and the EU, so we have our allies and close partners with us," said Frederiksen.

    (Reporting by Jacob Gronholt-Pedersen and Louise Breusch Rasmussen, editing by Terje Solsvik and Philippa Fletcher)

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