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00:02President Trump, Greenland, and Denmark signed an agreement Tuesday allowing the U.S. to expand
00:08its military presence in Greenland while preserving Danish and Greenlandic sovereignty,
00:12according to CNBC. The amended 1951 defense agreement allows the U.S. to expand Patufik
00:18Space Base, establish two new bases, and potentially build additional defense areas in Greenland.
00:24In a Truth Social post on Friday, Trump said the deal would give the U.S. what he described as
00:29permanent control over security and all other needs in Greenland.
00:33Danish Prime Minister Mehta Fredriksen said the pact strengthens security in the Arctic and North
00:38Atlantic. The agreement also bars non-NATO countries, including China and Russia, from
00:43establishing a military presence in Greenland and restricts sensitive investments by non-allies
00:48that could pose national security threats. For all things money, visit Benzinga.com.
