The Prague Post - Greenland Deal – and now?

EUR -
AED 4.343991
AFN 76.884874
ALL 96.520125
AMD 445.950658
ANG 2.117385
AOA 1084.667521
ARS 1709.12993
AUD 1.680785
AWG 2.132076
AZN 2.012595
BAM 1.955187
BBD 2.373265
BDT 144.004819
BGN 1.986433
BHD 0.445981
BIF 3491.5193
BMD 1.182844
BND 1.497836
BOB 8.142273
BRL 6.200345
BSD 1.178335
BTN 106.463047
BWP 16.275962
BYN 3.376155
BYR 23183.740137
BZD 2.369866
CAD 1.612831
CDF 2602.256407
CHF 0.917325
CLF 0.025762
CLP 1017.24551
CNY 8.206809
CNH 8.202673
COP 4293.226506
CRC 585.218862
CUC 1.182844
CUP 31.345363
CVE 110.228086
CZK 24.357154
DJF 209.835052
DKK 7.469174
DOP 74.197034
DZD 153.567459
EGP 55.523759
ERN 17.742658
ETB 182.779826
FJD 2.598594
FKP 0.866422
GBP 0.861844
GEL 3.187793
GGP 0.866422
GHS 12.908677
GIP 0.866422
GMD 86.347446
GNF 10337.80023
GTQ 9.037973
GYD 246.517445
HKD 9.242553
HNL 31.132364
HRK 7.534245
HTG 154.56216
HUF 380.742072
IDR 19852.851758
ILS 3.653385
IMP 0.866422
INR 106.767153
IQD 1543.622216
IRR 49827.298822
ISK 145.004923
JEP 0.866422
JMD 184.662843
JOD 0.838611
JPY 185.045242
KES 152.587238
KGS 103.439688
KHR 4754.528372
KMF 494.42924
KPW 1064.544412
KRW 1720.481772
KWD 0.363535
KYD 0.981996
KZT 590.767145
LAK 25346.154823
LBP 105521.038983
LKR 364.727109
LRD 219.172162
LSL 18.873558
LTL 3.49263
LVL 0.71549
LYD 7.449694
MAD 10.80868
MDL 19.954824
MGA 5222.383561
MKD 61.623582
MMK 2484.114015
MNT 4220.894517
MOP 9.482485
MRU 47.03944
MUR 54.26887
MVR 18.275306
MWK 2043.267565
MXN 20.377378
MYR 4.647984
MZN 75.406562
NAD 18.873558
NGN 1633.933387
NIO 43.366577
NOK 11.394334
NPR 170.341276
NZD 1.957045
OMR 0.454812
PAB 1.178305
PEN 3.966855
PGK 5.048437
PHP 69.781905
PKR 329.554396
PLN 4.222942
PYG 7817.580292
QAR 4.284665
RON 5.094866
RSD 117.420919
RUB 91.128863
RWF 1719.767695
SAR 4.435752
SBD 9.531476
SCR 16.575558
SDG 711.484598
SEK 10.543905
SGD 1.502436
SHP 0.887439
SLE 28.950113
SLL 24803.64397
SOS 672.291911
SRD 45.083502
STD 24482.480257
STN 24.492419
SVC 10.310809
SYP 13081.75053
SZL 18.880156
THB 37.392043
TJS 11.011599
TMT 4.151782
TND 3.407359
TOP 2.848004
TRY 51.457238
TTD 7.98153
TWD 37.324585
TZS 3059.473155
UAH 50.994616
UGX 4200.593289
USD 1.182844
UYU 45.384801
UZS 14425.474029
VES 439.59277
VND 30734.424074
VUV 141.394299
WST 3.224807
XAF 655.75403
XAG 0.013169
XAU 0.000233
XCD 3.196695
XCG 2.123643
XDR 0.815548
XOF 655.75403
XPF 119.331742
YER 281.96038
ZAR 18.886587
ZMK 10646.999568
ZMW 23.124842
ZWL 380.875248
  • SCS

    0.0200

    16.14

    +0.12%

  • RBGPF

    -2.1000

    82.1

    -2.56%

  • CMSC

    -0.0900

    23.66

    -0.38%

  • RYCEF

    0.2600

    16.93

    +1.54%

  • NGG

    1.6200

    86.23

    +1.88%

  • CMSD

    -0.1400

    23.94

    -0.58%

  • GSK

    0.8700

    53.34

    +1.63%

  • BCC

    3.1800

    84.93

    +3.74%

  • RIO

    3.8500

    96.37

    +4%

  • AZN

    -4.0900

    184.32

    -2.22%

  • BCE

    0.2700

    26.1

    +1.03%

  • JRI

    -0.0300

    13.12

    -0.23%

  • RELX

    -5.0200

    30.51

    -16.45%

  • BTI

    0.8800

    61.87

    +1.42%

  • VOD

    0.3400

    15.25

    +2.23%

  • BP

    1.1200

    38.82

    +2.89%


Greenland Deal – and now?




Since the beginning of 2026, a diplomatic thriller has been unfolding around the Arctic island of Greenland. US President Donald Trump, who already wanted to buy the island in 2019, has made his claim state doctrine in his second term in office. He justifies this with geopolitical and security policy arguments and threatens European allies with punitive tariffs. Although the US and NATO have drawn up a preliminary framework agreement in Davos, the situation remains tense – and the inhabitants of Greenland continue to reject the takeover.

A conflict with a history
Trump had already started a trade war with the EU in the spring and summer of 2025. At that time, the Union relented in order to protect its ailing economy. With the mediation of Chancellor Friedrich Merz, Brussels accepted an asymmetrical agreement that abolished all tariffs on US goods, while Washington imposed a basic tariff of 15 per cent on imports from Europe and even higher tariffs on certain products. This ‘tariff turnaround’ served as a model for how the US president uses economic pressure to achieve political goals. When Trump renewed his threat in January 2026, he once again took a heavy toll on the trade front: from 1 February, tariffs of 10 per cent were to be imposed on goods from Germany, Denmark, France, Great Britain, Norway, Sweden, Finland and the Netherlands, rising to 25 per cent from 1 June – unless Denmark sold Greenland. For Germany's export-oriented industry, whose shipments to the US had already slumped by almost ten per cent in 2025, further tariffs would be a severe blow. Industry association representatives warned that the loss of confidence caused by Trump's unpredictability was jeopardising investment.

Threats and military signals
Trump justifies his demand for the takeover of Greenland by pointing out that Russia and China could gain a military foothold there. On 9 January, he declared that the US would not allow other powers to occupy the island; if Denmark did not sell, Washington would have to act ‘in a pleasant or more difficult manner’. In his short message service, he emphasised that the US had subsidised Europe for decades and that it was ‘time to give something back’. Words like these provoke memories of the Alaska and Louisiana purchases of the 19th century.

Europe responded to the threat not only with outrage, but also with action. Because talks between Denmark and the US had remained fruitless, several NATO countries sent a reconnaissance contingent to Greenland in mid-January; 15 German soldiers also took part. The mission was intended to assess the conditions for joint manoeuvres and to draw a ‘red line’ in the ice. The EU also issued a joint statement: it stood by the principle of sovereignty and territorial integrity, customs threats endangered transatlantic relations, and it would respond in a united and coordinated manner. Vice-Chancellor Lars Klingbeil warned that Europe must not allow itself to be blackmailed. At the political level, individual states reacted differently: French President Emmanuel Macron and British Prime Minister Keir Starmer openly condemned the threats, while German Chancellor Merz initially remained silent. Italian Prime Minister Giorgia Meloni called the tariffs ‘a mistake’ and called for de-escalation.

Trump's actions were also controversial in the US. Senate Minority Leader Chuck Schumer announced his intention to stop the additional tariffs, with both Democrats and Republicans warning that higher tariffs would increase prices for families and businesses. Several governors – including Andy Beshear of Kentucky and Gretchen Whitmer of Michigan – described Trump's claim to Greenland as ‘stupid’ and emphasised that Americans did not want a takeover. Even Republican Governor Kevin Stitt admitted that the US could already establish military bases on the island and did not need to own it.

The supposed breakthrough in Davos
On the sidelines of the World Economic Forum in Davos, Donald Trump met with NATO Secretary General Mark Rutte on 21 January 2026. He then made a surprise announcement that a ‘great solution’ was in sight: a framework agreement had been reached, so the tariffs planned for 1 February would not be imposed for the time being.

Rutte confirmed that there was a rough plan and that further talks would follow. According to information from participants, the draft consists of four points: First, Washington will refrain from imposing the planned punitive tariffs for the time being; second, the 1951 stationing agreement is to be revised, taking into account the ‘Golden Dome’ missile defence project for a greater US presence in the Arctic; Thirdly, the US will have a say in investments in Greenland in order to prevent influence from China and Russia. Fourthly, European NATO countries will commit to greater involvement in the Arctic.

However, many questions remain unanswered. Neither Trump nor Rutte mentioned the sensitive issue of sovereignty, which Rutte said was ‘not an issue’. Observers therefore warn that this is merely a rough draft. European governments are urging caution and view the turnaround more as a respite. The EU special summit on the customs crisis is to take place despite the supposed deal in order to discuss a joint strategy.

Why Greenland is so coveted
Greenland is the world's largest island, rich in rare earths, gold, diamonds, uranium, zinc, lead and potential oil and gas reserves. Strategically located on the shortest route between North America and Europe, it already hosts a US air force base with an early warning system for ballistic missiles. Climate change is opening up new shipping routes, making the Arctic more economically attractive. For Washington, it is crucial that no other major power gains a foothold on the island. The Biden administration has already agreed on extensive access to the base in stationing agreements with Denmark; expansion would be possible even without a change of ownership.

Greenlanders say no – the people are fighting back
While politicians haggle over geopolitical treaties, the people of Greenland are speaking out. A survey conducted by the opinion research institute Verian on behalf of the Greenlandic newspaper Sermitsiaq and the Danish daily Berlingske found that 85 per cent of residents reject integration into the US; only six per cent would agree to annexation, while nine per cent are undecided. Deutschlandfunk also reported on a survey according to which 85 percent of Greenlanders reject the US plans.

Former head of government Múte B. Egede already stated in early 2025: "We don't want to be Danes. We don't want to be Americans either. We want to be Greenlanders." This statement sums up the mood of many citizens who have been campaigning for greater independence from Denmark for years but do not want to accept a new colonial ruler. Greenland's current head of government, Jens-Frederik Nielsen, is also pursuing a cautious path to independence. On 17 January 2026, under his leadership, thousands of demonstrators marched to the US consulate in Nuuk to protest against Trump's claims.

Europe between dependence and self-assertion
The Greenland dispute highlights how dependent European security is on the US. Several guests on the ZDF talk show ‘Maybrit Illner’ pointed out that Europe would not be viable today without NATO; the US provides the nuclear umbrella and many important capabilities. Experts therefore warned against an escalation that could lead to a breakdown of the alliance. On the programme, CDU foreign policy expert Norbert Röttgen remarked: ‘What is he supposed to do if the Greenlanders say no? Should he send 10,000 soldiers into the ice?’ Former Foreign Minister Annalena Baerbock, now President of the UN General Assembly, referred to the United Nations Charter: states have no right to invade the territory of other states, and the law of the strongest must not apply.

Nevertheless, there is a growing desire in Europe to become more independent. During Trump's first term in office, the EU laid the foundation for a European defence union with the ‘Permanent Structured Cooperation’ (PESCO). But true military sovereignty is still a long way off; many states fear they would be vulnerable without US support. At the same time, observers point out that Trump's pressure could also be directed against European regulations such as digital taxes or data protection guidelines.

Analysis and short-term outlook
The announcement of a framework agreement in Davos has defused the conflict over Greenland, at least for the time being. However, the alleged deal is based on vague wording. The central issue of sovereignty has been left out, and even US negotiators admit that the details still need to be worked out. The four agreed pillars – suspension of tariffs, reassessment of the stationing agreement, US say in investments and stronger European engagement – could be delayed indefinitely in practice. As long as Washington is not granted the right to annexation, Trump will continue to exert pressure.

For the EU, it remains a balancing act: on the one hand, it does not want to jeopardise its most important economic relations with the US; on the other hand, it must show that it defends the sovereignty of its members and partners. The conflict has reignited the debate on European autonomy. At the same time, cracks in the transatlantic partnership will not heal by themselves.

Meanwhile, the people of Greenland have made it clear that they are not prepared to sell their island. As long as this attitude persists, Trump will not be able to impose his will without resorting to massive force. And as Norbert Röttgen mockingly asked on a talk show, this would probably require sending 10,000 soldiers into the snow – a scenario that is not very popular even in Washington. In this respect, it seems likely that the dispute over Greenland will continue to strain transatlantic relations until a solution is found that respects both the security interests of the US and the sovereignty of the island's inhabitants.



Featured


Marhabaan, welcome to the UAE and Dubai!

Marhabaan, welcome to the UAE and Dubai! The "skyward striving" Dubai next to ancient desert cities. Mysterious Bedouins and magnificent mosques exist peacefully alongside futuristic cities. Discover wadis and oases, golden sandy deserts, paradisiacal beaches and Arabian hospitality. The modern and the ancient Orient united in a book for dreaming.On this journey to Dubai and Abu Dhabi in the United Arab Emirates, the fairy tales of 1001 Arabian Nights meet the modern Arab world. These cascading cities enchant with their sky-high skyscrapers, fragrant souks, huge shopping centres and the ancient cultural heritage of the sheikhs.You can choose to stay in 4- or 5-star hotels with breakfast and swimming pools. You also have more options to book excursions so you can feel the magic of the East even more. If you want to do something out of the ordinary, you can spend an extra night in an enchanting hotel in the middle of the emirate's desert. Experience your own fairytale from 1001 nights and look forward to a holiday with plenty of casual extravagance in two superlative desert cities!

Trade and business at the Dubai Gold Souk

If Naif Deira is associated with a specific context, organization, or field, providing more details could help me offer more relevant information. Keep in mind that privacy considerations and ethical guidelines limit the amount of information available about private individuals, especially those who are not public figures. The Dubai Gold Souk is one of the most famous gold markets in the world and is located in the heart of Dubai's commercial business district in Deira. It's a traditional market where you can find a wide variety of gold, silver, and precious stone jewelry. The Gold Souk is known for its extensive selection of jewelry, including rings, bracelets, necklaces, and earrings, often crafted with intricate designs.Variety: The Gold Souk offers a vast array of jewelry designs, with a focus on gold. You can find items ranging from traditional to modern styles.Competitive Pricing: The market is known for its competitive pricing, and bargaining is a common practice. Prices are typically based on the weight of the gold and the craftsmanship involved.Gold and More: While gold is the primary focus, the souk also offers other precious metals such as silver and platinum, as well as a selection of gemstones.Cultural Experience: Visiting the Gold Souk provides not only a shopping experience but also a glimpse into the traditional trading culture of Dubai. The vibrant market is a popular destination for both tourists and locals.Security: The market is generally safe, and there are numerous shops with security measures in place. However, as with any crowded area, it's advisable to take standard precautions regarding personal belongings.Gold Souk is just one part of the larger Deira Souk complex, which also includes the Spice Souk and the Textile Souk. It's a must-visit for those interested in jewelry, and it reflects the rich cultural and trading history of Dubai.

Dubai: Amazing City Center, Night Walking Tour

During this excursion, we leisurely explore Dubai Downtown and Burj Khalifa in the evening, giving you the chance to witness the captivating transformation of the district as it comes alive with the vibrant glow of thousands of lights. As the sun sets, the illuminated facade of Burj Khalifa and the enchanting Dubai Fountain collaborate to produce a genuinely magical atmosphere.Dubai Downtown, also known as Downtown Dubai, is a distinguished and iconic district situated in the heart of Dubai, United Arab Emirates. It is a renowned neighborhood celebrated for its striking architecture, luxurious living, and exceptional entertainment options. At the core of Downtown Dubai stands the Burj Khalifa, a towering skyscraper that holds the title of the world's tallest man-made structure and serves as an emblem of modern Dubai.Burj Khalifa: The focal point of Downtown Dubai, Burj Khalifa, is famous for its groundbreaking height, reaching an impressive 828 meters (2,722 feet). Designed by architect Adrian Smith, its distinctive Y-shaped design encompasses a mix of residential, commercial, and hotel spaces.Dubai Mall: Adjacent to Burj Khalifa is the Dubai Mall, one of the largest shopping malls globally, featuring an extensive array of retail outlets, from high-end boutiques to international brands. The mall also provides various dining options, and entertainment attractions like an indoor ice rink and an aquarium, and hosts the mesmerizing Dubai Fountain.Dubai Fountain: Located just outside the Dubai Mall, the Dubai Fountain is a captivating attraction that presents a nightly spectacle of water, music, and light, captivating visitors with its perfectly synchronized performances.Emaar Boulevard: Stretching through Downtown Dubai, this boulevard is adorned with restaurants, cafes, and shops, making it a popular spot for leisurely strolls, dining, and people-watching.Luxury Living: Downtown Dubai boasts numerous upscale residential buildings and hotels, making it an appealing locale for those seeking a sophisticated urban lifestyle.Cultural Attractions: The Dubai Opera, an iconic cultural venue within the district, hosts a diverse range of performances, including opera, ballet, concerts, and theater productions.Transportation: Downtown Dubai is well-connected through public transportation, including the Dubai Metro, facilitating easy access to other parts of the city.In summary, Downtown Dubai is a dynamic and vibrant district that stands as a testament to Dubai's modernity and grandeur. It seamlessly combines architectural wonders with shopping, entertainment, and cultural offerings, creating a truly extraordinary destination.