Greenlandic Foreign Minister Vivian Motzfeldt, center right, hugs a woman at the airport in Nuuk, Greenland, on Tuesday. The Dow Jones industrial average plunged nearly 900 points, the Standard & Poor’s 500 dropped 2%, and the NASDAQ fell over 500 points. “The transatlantic alliance is over,” Kirill Dmitriev, a top confidant to Russian President Vladimir Putin, celebrated on social media. Several prominent Republican lawmakers have criticized Trump’s threats to seize the island, and to punish European countries that defend Denmark’s Arctic territory. Sen. Mitch McConnell (R-Ky.) said last week that an attempt to seize the Arctic territory would “shatter the trust of allies” and be “disastrous” for Trump’s legacy.

Source: The Times January 21, 2026 11:15 UTC