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Open for business, not for sale: Greenland tells Trump

Trump has reportedly taken an interest in Greenland, in part, because of its natural resources, such as coal, zinc, copper and iron ore.

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Copenhagen, Aug 16 (IANS) Copenhagen, Trump is said to have asked his aides and the White House counsel to look into the possibility of buying Greenland, an autonomous Danish territory, according to media reports.

Reacting on the reports about the US President’s plan, the Greenland government said in a statement: “Greenland is not for sale, and can’t be sold, but Greenland is ready for negotiations to enter collaborations with other countries, including the US.”

Similar comments were made by other politicians in Greenland and Denmark.

“It must be an April Fool’s Day joke…but totally out of (season)!”, tweeted Denmark’s former Prime Minister Lars Lokke Rasmussen.

Greenland is the largest island in the world (after Australia, which is defined as a continent in its own right). Eighty per cent of the island, located between the North Atlantic and Arctic oceans, is covered by an ice cap and has a population of about 56,000 people.

Greenland has a limited self-government and its own Parliament. It depends on the government in Copehnagen for foreign affairs and national security.

“It’s a ‘no thanks’ from here”, said Aaja Chemnitz Larsen, an MP from the the Inuit Ataqatigiit party, Greenland’s second largest.

She said her homeland “was not a commodity that could just be sold” and that it was “tremendously uncomfortable to hear it discussed in such terms”.

The Berlingske newspaper quoted Larsen as saying that it would be better all round for Greenland to stay with Denmark and eventually be granted full independence.

Asked if she did not find it flattering that Trump found Greenland attractive, she said: “It is Greenland’s geostrategic location that Trump is interested in. Not the country itself, or Greenlanders. So no – it’s not flattering.”

Trump has reportedly taken an interest in Greenland, in part, because of its natural resources, such as coal, zinc, copper and iron ore.

“If he is truly contemplating this, then this is final proof, that he has gone mad,” foreign affairs spokesman for the populist Danish People’s Party, Soren Espersen, told national broadcaster DR.

“The thought of Denmark selling 50,000 citizens to the United States is completely ridiculous.”

According to reports, Trump is planning to make his first formal visit to Denmark on September 2. He will meet the country’s new Socialist Prime Minister, Mette Frederiksen – who herself will make her first official visit to Greenland next week.

Frederiksen has not commented on the reports.

The US has long seen the island as being strategically important and established a radar base there at the start of the Cold War.

US Republican Representative Mike Gallagher described Trump’s reported idea as a “smart geopolitical move”.

“The US has a compelling strategic interest in Greenland, and this should absolutely be on the table,” he tweeted.

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Samsung ‘Galaxy Fold’ coming to India on Oct 1

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New Delhi, Sep 24 : Samsung is finally bringing its much-anticipated and most-premium smartphone “Galaxy Fold” to India on October 1 — just a month after its global debut in South Korea — highly-placed sources told IANS on Tuesday.

The smartphone-cum-tablet “Galaxy Fold” smartphone is likely to be priced between Rs 1.5 lakh-Rs 1.75 lakh in India. It will be sold through select retail outlets and will be available only via pre-book mode, the sources added.

Galaxy Fold will come with exclusive access to specialized customer care services – including one-on-one access to Samsung experts, and a 24/7 support hub online or over the phone.

The smartphone was originally set to be released on April 26 but the manufacturer delayed it to fix units that experienced display issues.

Galaxy Fold comes with a 7.3-inch Infinity Flex Display and six cameras. The device has a secondary 4.6-inch screen on the cover of the phone. It opens up with 7.3-inch infinity flex display and when closed, it becomes 4.6 inch display with a 12:9 ratio.

The premium smartphone is backed by 7nm Qualcomm Snapdragon 855 octa-core SoC, paired with 12GB of RAM and 512GB storage.

“Galaxy Fold” combines consumers’ favourite smartphone and tablet features to deliver a new kind of experience — from a new form factor and materials to its unique foldable UX, versatile camera and premium performance.

“Consumers have responded positively to larger screens, and the Galaxy Fold’s revolutionary form factor offers a bigger, more immersive screen without sacrificing portability. This is what we call innovation of new mobile experience in action,” DJ Koh, President and CEO of IT and Mobile Communications Division, Samsung Electronics said in a statement recently.

Galaxy Fold is Samsung’s fourth 5G smartphone, following the Galaxy S10, Note 10 and A90, reinforcing its product portfolio for the ultra-fast network.

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RBI bars PMC Bank from business transactions

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Mumbai, Sep 24 The Reserve Bank of India has placed the Punjab & Maharashtra Cooperative Bank Ltd, Mumbai from carrying out any kind of business transactions, here on Tuesday, sparking panic among the banks depositors and sending shock waves in city trading community.

The apex bank’s Chief General Manager Yogesh Dayal said that as per the RBI directions, depositors cannot withdraw more than Rs 1,000 of the total balance in their savings/current/other deposit accounts.

The PMC Bank has been barred from granting, renewing and loans and advances, make any investments, accept fresh deposits, etc, without the prior written approval from RBI.

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End of Boeing 737 MAX grounding up to individual countries, says US FAA

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Two Boeing 737 MAX aircraft crashed over the past year — the first in Indonesia in October 2018 and the second in Ethiopia in March. The second tragedy led to world aviation authorities and carriers either grounding all 737 MAX series aircraft or closing their airspace to them.

The US Federal Aviation Administration (FAA) said Monday that the FAA continues to follow a thorough process, not a prescribed timeline, for returning the aircraft to passenger service, adding that “aach government will make its own decision to return the aircraft to service, based on a thorough safety assessment”.

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