PRESS REVIEW – Tuesday, January 6: After Venezuela, is Greenland under threat of being "seized" by the US? The Greenlandic and Danish press are taking President Donald Trump's threats very seriously. Also: as the US invests in graphite and cobalt mining in Canada, some fear that this could open the path to an eventual annexation. Finally, a suspicious bet: a mystery trader made $400,000 betting on Nicolas Maduro's capture just a few days before his kidnapping.
Donald Trump is doubling down on his threats to annex Greenland. His remarks are sparking worry and anger in the press there. Sermitsiaq, a daily paper from the capital Nuuk, quotes the Greenlandic leader Jens Frederik Nielsen as saying that the territory finds itself in a "special situation". He added: "Greenland is not Venezuela, Greenland is capable of defending itself and is not at imminent risk of being invaded by the US." Nielsen also extended an olive branch to the US, saying that Greenland would like to recreate the cooperation it previously had with the US. The Danish press focus on comments by Danish Prime Minister Mette Frederiksen. Jyllands Posten reiterated Frederiksen's comments about "Europe's unwavering support" for Denmark and Greenland, but she added that it's hard to know how sincere these lofty promises are. Scepticism reigns in the Danish daily Politiken, which says it's "totally possible" that Trump will implement his new security strategy. But how? No one knows, not even Trump himself. In any case, the paper feels that Europe is not taking the situation seriously enough. The paper wonders why European leaders have not already convened an emergency meeting.
We turn to reactions from Europe. The Guardian headlines on Trump's comments about Greenland, albeit with a factual, bottom corner front-page story. Libération, the French left-wing paper, wonders just where will Trump stop in his quest. In its editorial, the paper announces that the new American doctrine is based on "contempt": for international law, for the US people, for international agreements and for the principle that justice triumphs over the law of the jungle. La Croix, the French Catholic daily, announces the "new US imperialism", saying Trump intends to govern over the American continent as he sees fit.
Speaking of governing over the US continent, the Guardian reports that there are fears in Quebec over a new US graphite mine that's being built. Lomiko Metals, a company based in British Colombia, is set to build an open-air graphite mine in La Petite Nation in Quebec, with funding from the US Pentagon. It would produce 100,000 tonnes of graphite per year for 15 years. The project has already drawn controversy for its obvious environmental damage. Other projects in Canada include a cobalt refinery in Ontario and a bismuth and cobalt project in the Northwest Territories, both with major investments from the US. The Guardian reports that fears are growing that US investment in these projects could backfire ironically. To quote one person opposed to the project: "They are coming in to get our minerals to put in their weapons to then annex us."
Finally, a mystery trader made a very lucrative bet on Nicolas Maduro's capture a suspicious few days beforehand. The Wall Street Journal reports that less than five hours before Maduro was ousted, an unknown trader doubled down on bets on his ouster on the platform Polymarket. The prediction platform uses cryptocurrency to allow bets on future events, from the World Cup to TV characters being killed off. The trader pocketed more than $400,000, a 12-fold return on investment. This has fuelled suspicions of insider trading. The website Futurism says there is compelling evidence that someone connected to Trump is behind that winning bet. It says could it have been an insider in a New York or Washington newsroom, or an operative inside the Trump administration. Or, jokingly, it says it could have been Pete Hegseth making some beer money on the side.
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