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Denmark’s foreign minister on Monday said he was “deeply upset” by US President Donald Trump’s appointment of a special envoy to Greenland who openly declared that he wished to see the island become part of the United States.
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Trump announced the appointment of Jeff Landry, the Governor of Louisiana, as ?special envoy to Greenland on Monday in a post on Truth Social. “Jeff understands how essential Greenland is to our national security, and will strongly advance our country’s interests for the safety, security, and survival of our allies, and indeed, the World,” Trump posted on his social media platform.
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“I am deeply upset by this appointment of a special envoy. And I ?am particularly upset by his statements, which we find completely unacceptable,” Lars Lokke Rasmussen told Denmark’s national broadcaster TV 2, according to Reuters news agency.
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Rasmussen said he would summon the US ambassador to Denmark in response to the Trump administration’s move, Reuters reported.

Denmark’s Foreign Minister Lars Loekke Rasmussen and Defense Minister Troels Lund Poulsen address journalists in Copenhagen on September 26.
Denmark’s Foreign Minister Lars Loekke Rasmussen and Defense Minister Troels Lund Poulsen address journalists in Copenhagen on September 26. Liselotte Sabroe/AFP/Ritzau Scanpix/Getty Images
Trump defended his decision to pick Landry telling reporters on Monday evening that the US needs Greenland “for national security” and that Landry had approached him about the assignment.

“Louisiana, the Louisiana Purchase. He said I’m governor of Louisiana, and he said I would love … I didn’t call him, he called me. He’s very proactive,” Trump told reporters at Mar-a-Lago.

“We need Greenland for national security, not for minerals. We have so many sites for minerals and oil and everything,” Trump said, trying to make the case for annexing Greenland, despite its status as a self-governing territory of Denmark. “If you take a look at Greenland, you look up and down the coast, you have Russian and Chinese ships all over the place. We need it for national security. We have to have it,” he added.

During his Monday remarks, Trump went on to claim that Denmark has “spent no money” on Greenland and has “no military protection.”

While thanking Trump for his appointment, Landry said it was an “honor to serve you in this volunteer position to make Greenland a part of the US.” He also said that “this in no way affects” his position as Louisiana governor.

Trump has repeatedly stated that he wants to annex Greenland – a huge, resource-rich island in the Atlantic and self-governing territory of Denmark – claiming that this is needed for American security purposes.

Both Greenland and Denmark, a NATO ally of the US, are staunchly opposed to the idea.

Danish Prime Minister Mette Frederiksen and Greenland’s Prime Minister Jens-Frederik Nielsen reiterated their opposition Monday to US plans to take over Greenland, stating “you cannot annex another country. Not even with an argument about international security,” according to Reuters.

“Greenland belongs to the Greenlanders and the US shall not take over Greenland,” they said in a joint statement.

Nielsen said earlier Monday that Trump’s announcement “may sound big, but it does not change anything for us. We decide our own future,” Reuters reported.
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You don’t get labeled the “Oracle of Omaha” for nothing.
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As one of the world’s most successful investors, Warren Buffett’s views on markets, companies and the economy have always been of great interest on Wall Street and Main Street.
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Now 95, Buffett is stepping down as CEO of Berkshire Hathaway, 60 years after taking a controlling share in the company.
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But during his long tenure Buffett has had plenty of sensible things to say about how to invest well and live a good life through the work you choose and the way you treat people.

Here’s just a sampling:

Don’t lose money
“The first rule in investment is don’t lose. And the second rule in investment is don’t forget the first rule.”

Buffett is best known as a value investor – someone who buys companies he believes are undervalued. “If you buy things for far below what they’re worth and you buy a group of them, you basically don’t lose money,” he explained on Adam Smith’s Money World.

But Buffett’s advice also speaks to the need to diversify risk.

“It’s the foundation of how I manage client money,” said certified financial planner and CPA Brian Kearns. “Investing is about growth, but it is also about capital preservation. … Find reasonably priced investments … but don’t risk too much of your net worth on one idea.”

It also means investing across asset classes. “They all have different risk profiles and, when combined, allow you to hold investments for the long term because you will experience less volatility,” Kearns said.

Warren Buffett greets shareholders during Berkshire Hathaway’s annual shareholder meeting in Omaha, Nebraska, in 2008.
Warren Buffett’s life in pictures
42 photos
Warren Buffett greets shareholders during Berkshire Hathaway’s annual shareholder meeting in Omaha, Nebraska, on May 3, 2008. Carlos Barria/Reuters
Focus on the essentials
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