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European Commission President von der Leyen says the bloc's response will be united, proportional and unflinching. The territorial integrity of Greenland is non-negotiable and they will be working on wider Arctic security measures

Von der Leyen's statement underscores a unified and robust stance by the EU on Arctic security and territorial integrity, particularly regarding Greenland.

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European Commission President von der Leyen says the bloc's response will be united, proportional and unflinching. The territorial integrity of Greenland is non-negotiable and they will be working on wider Arctic security measures

Russian Foreign Minister Lavrov says there are no concrete contacts with the US on extending the New START arms treaty or a new deal

China's Shanghai Futures Exchange to adjust margin requirements and daily price limits for selected copper, aluminium, gold and silver futures contracts from the 22nd of January settlements

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  • More on EU-US relations on Greenland, she says that the EU will be working with the US and all partners on wider arctic security.
  • Says she's in full solidarity with Greenland and Denmark, adding that the sovereignty and integrity of their territory is non-negotiable.

On Russian frozen assets

  • Russian assets are permanently frozen, reserve the right to utilise them.
Context

This suggests potential implications for geopolitical stability in the region, which could affect energy markets and currencies linked to these developments, influencing traders' focus on assets like gold and oil, given the heightened tensions.

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