A major diplomatic breakthrough has been announced as the U.S. and Denmark reach an agreement on Greenland’s governance, marking a shift in the island’s long-standing colonial status under Danish control. The deal comes amid long-standing speculation about American interest in the strategically and resource-rich territory, which has been under Danish administration since the 18th century. With tensions simmering over Arctic sovereignty, the move could reshape regional power dynamics and economic opportunities. Details on the terms of the agreement remain under wraps, but analysts are already weighing its potential implications for both nations.


On Friday, President Trump declared a deal has been struck with Denmark over its oversight of Greenland. Trump has long coveted the mineral-rich island, which Denmark has controlled since the 1700s. Nick Schifrin reports.