A recent study carried out by Wood Mackenzie ... highlights four basins that are likely to be the focus of the petroleum industry in the upcoming years: the Kronprins Christian Basin [NE Greenland], which is likely to have large reserves, the southwest Greenland basin, due to its proximity to markets, and the more oil-prone basins of Laptev [Russia] and Baffin Bay [off Greenland]. - Wiki
Looks like Greenland may end up being quite an economic powerhouse in the decades ahead. posted by crapmatic at 10:42 PM on June 21
Quite a deft move I think, in the light of the natural resources and also in the light of global warming. posted by XMLicious at 11:22 PM on June 21
At last, Greenland will no longer suffer under the tyranny of Demark. posted by quadog at 11:42 PM on June 21
They played the Greenland National Anthem.
This could be improved. For one thing, I find it very difficult to sing the words "All other countries are run by little girls" to that music. posted by rokusan at 12:40 AM on June 22
They have a wonderful flag, a great name for their capital, Nuuk, and I wish them the best in their future endeavours. posted by jtron at 12:42 AM on June 22
Will there be any migration of Inuit from Canada/US to Greenland, considering that in essence it is an independent Inuit state? posted by PenDevil at 2:18 AM on June 22
All they need now is relaxed financial regulation, a large banking sector compared to the size of their economy and a fondness for leveraged buy-outs of foreign companies and they can be the new Iceland! posted by Electric Dragon at 3:09 AM on June 22
They played the Greenland National Anthem
♪♪ "Greenland, Greenland, Greenland, the country where I want to be, pony trekking or camping, or just watching TV" ♪♪ posted by MuffinMan at 3:47 AM on June 22
At last, Greenland will no longer suffer under the tyranny of Demark.
According to the article, Denmark's been giving them an $11,000 per person subsidy. That doesn't quite seem like tyranny to me. If anything it seems like they're having it both ways, getting the pride of being an independently-run, self-sufficient country, while also getting the medical and economic support of a European nation. posted by explosion at 3:50 AM on June 22
At last, Greenland will no longer suffer under the tyranny of Demark.
According to the article, Denmark's been giving them an $11,000 per person subsidy. That doesn't quite seem like tyranny to me. If anything it seems like they're having it both ways, getting the pride of being an independently-run, self-sufficient country, while also getting the medical and economic support of a European nation.
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Hopefully Greenland can manage its mineral wealth well so that it isn't exploited by large companies or has a sudden deluge of income. They need a steady budget and good investment, with money left over for Eurovision entries. posted by Sova at 5:25 AM on June 22
That's awesome. Good luck to the Greenlanders. Greenlandians. Greenlandishpeople. posted by jquinby at 7:13 AM on June 22
Soon, Greenland will actually be green. posted by Xoebe at 7:17 AM on June 22
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Looks like Greenland may end up being quite an economic powerhouse in the decades ahead.
posted by crapmatic at 10:42 PM on June 21