The big picture: Danish Defense Minister Troels Lund Poulsen told the outlet Jyllands-Posten on Tuesday that Denmark would spend a "double-digit billion amount" in krone equivalent to at least $1.5 billion on the self-ruled territory that's part of its kingdom to ensure a "stronger presence" in the Arctic.

Denmark announced a major new package to boost the security of Greenland in a move the Danish defense minister called “ironic” because it came just two days after President-elect Trump called for U.S.

Denmark increases defense spending as President-elect Trump calls acquiring Greenland a U.S. “necessity.” Danish officials call the timing “ironic.”

The Danish government has announced a huge boost in defense spending for Greenland, hours after US President-elect Donald Trump repeated his desire to purchase the Arctic territory. Danish Defence Minister Troels Lund Poulsen said the package was a "double-digit billion amount" in krone, or at least $1.5bn (£1.2bn).

Former national security adviser Robert O’Brien said in a Sunday interview that Denmark should let the U.S. “buy” Greenland if it cannot defend the self-governing country, noting the territory will become increasingly important in the coming years.

Former National Security Advisor Robert O'Brien explained President-elect Donald Trump's plan to "extract the minerals and oil" from Greenland by making the territory "part of Alaska." During a Sunday interview on Fox News,