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4
Greenland signs juicy deal with Europe in a blow to Trump
Bull. Hope wanted to take them over so no need for formal proposals. What a total LOSER! -
66
Economy The Thai Baht Paradox: Currency Climbs as Economy Falters
It is only a "paradox" if you do not understand that the performance of the almighty dollar affects the exchange rate of all other currencies. Once you understand it, it will all make sense. Dollar weak, Baht goes up. Very logical. -
4
Greenland signs juicy deal with Europe in a blow to Trump
knowing how people love to put down trump and his admin I fail to see how this is sticking it to him. Like any other gvt they just had to submit a proposal, which they didn't. Probably cos they didnt feel like it was worth it to them... hardly time to take out the party hat The United States did not submit a proposal for Greenland's anorthosite mining license due to a combination of factors: Lack of Formal Investment Proposals: Despite expressed interest, the U.S. did not present concrete investment proposals. Greenland's Minister of Mineral Resources, Naaja Nathanielsen, noted that while U.S. business delegates visited, no formal dialogue or direct investments materialized. In contrast, European partners, including the EU and Denmark, progressed more smoothly in their collaborations. Reuters+3@EconomicTimes+3spotmedia.ro+3 Regulatory and Legal Challenges: Greenland's mining legislation does not align with the traditional American approach of land acquisition and resource exploitation. The land belongs to the state, and exploitation licenses are temporary and require significant investment to maintain. This legal framework may have deterred U.S. investors accustomed to different systems. spotmedia.ro Perceived Political Instability: Former President Donald Trump's proposition to purchase Greenland introduced concerns about political stability, potentially making the region less attractive to investors. Greenland's mining minister warned that such rhetoric could harm its appeal to international investors. Financial Times+1Financial Times+1 Infrastructure and Operational Challenges: Greenland's harsh climate, high operational costs, and lack of infrastructure pose significant challenges to mining operations. These factors may have contributed to the U.S.'s hesitation to invest. IEEE Spectrum+1Financial Times+1 In summary, while the U.S. showed interest in Greenland's resources, the absence of formal proposals, coupled with legal, political, and infrastructural challenges, led to the lack of American involvement in the anorthosite mining project.- 1
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14
Trump’s attacks on the media
Doesn't seem less relevant to me. Its clearly on your mind every second of every day, and in a world news forum Trump/America get 90% of the threads. Don't let irrational fear and hatred blind you to reality. -
31
Donald Trump Jr Hints at Possible Presidential Bid: ‘That Calling Is There’
Where have we heard that before? oh yeah 2016 😁 -
73
BREAKING NEWS Thai Court Orders Ex-PM Yingluck to Pay 10 Billion Baht in Rice Scheme
Well, she's had Serbian citizenship since 2019. She's not gonna come back and she'll never pay the fine!
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