IBOV 176,402.10 ▲ 1.77% IPSA 10,989.46 ▲ 0.32% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,343,345 ▲ 1.87% COLCAP 2,312.45 ▲ 0.48% BVL PERÚ 57,575.02 — — USD/BRL5.06▼ 0.33% USD/MXN17.40▼ 0.08% USD/CLP935.09▼ 0.07% USD/COP3,200▼ 1.71% USD/PEN3.40▲ 0.09% USD/ARS1,478▲ 0.02% USD/UYU40.14▲ 1.07% USD/PYG6,035▲ 1.50% USD/BOB10.95▲ 3.79% USD/DOP58.34▲ 0.24% USD/CRC447.42▲ 1.35% USD/GTQ7.62▲ 2.27% USD/HNL26.74▲ 1.52% USD/NIO36.62▲ 0.72% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.36% USD/TTD6.71▲ 0.76% EUR/BRL5.77▼ 0.89% BRENT 94.31 ▲ 3.63% WTI 87.10 ▲ 2.58% IRON ORE 161.91 — — COPPER 6.50 ▼ 0.19% GOLD 4,152 ▲ 1.99% SILVER 60.52 ▲ 2.86% SOY 1,235 ▲ 1.27% CORN 484.50 ▲ 7.01% WHEAT 704.25 ▲ 3.87% COFFEE 317.85 ▼ 4.25% SUGAR 14.84 ▼ 0.27% ORANGE JUICE 146.65 ▲ 1.98% COTTON 80.43 ▲ 1.86% COCOA 5,355 ▼ 4.49% BEEF 219.73 ▼ 3.07% CATTLE 337.38 ▼ 3.48% LITHIUM 69.49 ▲ 0.59% PETR4 42.63 ▲ 2.33% VALE3 74.27 ▲ 2.81% ITUB4 42.53 — 0.00% BBDC4 18.64 ▲ 0.49% ABEV3 16.09 ▲ 1.84% BBAS3 20.84 ▼ 0.19% B3SA3 15.55 ▲ 2.50% WEGE3 46.43 ▲ 9.32% PRIO3 59.60 ▲ 2.44% SUZB3 42.25 ▲ 1.49% RENT3 36.84 ▲ 0.79% AZZA3 17.51 ▲ 0.17% CSAN3 3.88 ▲ 2.65% RAIZ4 0.28 ▲ 3.70% PCAR3 2.68 ▼ 1.83% GMAT3 3.86 ▲ 0.78% PSSA3 54.60 ▲ 2.09% CVCB3 1.24 ▲ 10.71% POSI3 3.70 ▲ 0.54% SLCE3 13.88 ▲ 0.95% NATU3 8.78 ▲ 0.80% BRKM5 6.08 ▲ 6.48% RANI3 7.99 ▲ 1.27% CSNA3 5.26 ▲ 3.95% CMIN3 5.87 ▲ 5.20% USIM5 8.57 ▲ 1.30% GGBR4 23.71 ▲ 0.94% ENEV3 25.58 ▲ 0.63% CPFE3 46.58 ▲ 0.39% CMIG4 11.10 ▲ 0.73% EQTL3 38.95 ▲ 0.31% LREN3 13.51 ▲ 1.81% VIVT3 35.86 ▲ 0.17% RAIL3 13.56 ▲ 2.42% KLABIN 17.87 ▲ 1.59% RAIA DROGASIL 18.06 ▼ 0.39% RDOR3 33.93 ▲ 0.03% HAPV3 11.47 ▲ 2.05% FLRY3 16.66 ▲ 0.66% SMTO3 16.04 ▲ 2.95% UGPA3 32.36 ▲ 1.70% VBBR3 34.45 ▲ 1.47% BBSE3 41.95 ▲ 0.96% BPAC11 56.06 ▲ 1.25% CURY3 30.12 ▲ 0.57% AERI3 2.06 ▲ 0.98% VIVARA 21.34 ▼ 0.33% COMPASS 24.61 ▲ 0.70% VAMOS 3.18 ▲ 2.91% SANB11 26.71 ▼ 1.84% ASAI3 8.40 ▲ 1.82% SBSP3 28.95 ▲ 1.22% WALMEX 49.39 ▲ 0.49% GMEXICO 212.01 ▲ 1.45% FEMSA 229.96 ▲ 1.42% CEMEX 22.38 ▲ 1.40% GFNORTE 188.00 ▲ 1.18% BIMBO 60.20 ▲ 1.36% TELEVISA 9.89 ▲ 1.33% AMX 22.68 ▼ 0.35% GAP 379.64 ▲ 0.30% ASUR 272.39 ▼ 0.93% OMA 230.97 ▲ 2.08% KOF 184.24 ▲ 2.09% GRUMA 282.16 ▼ 0.16% KIMBER 38.99 ▲ 1.54% SQM-B 66,000 ▲ 2.26% COPEC 6,400 ▼ 0.78% BSANTANDER 79.39 ▲ 0.48% FALABELLA 5,905 ▼ 0.23% ENELAM 84.35 ▼ 0.21% CENCOSUD 2,025 ▼ 0.13% CMPC 1,076 ▼ 0.71% BANCO CHILE 190.02 ▲ 0.01% LATAM AIR 24.05 ▼ 0.62% YPF 81,900 ▲ 1.58% GGAL 8,175 ▲ 2.64% PAMPA 5,510 ▲ 0.64% TXAR 677.50 ▼ 0.22% ALUAR 978.50 ▲ 0.57% TGS 9,840 ▲ 1.34% CEPU 2,345 ▲ 0.21% MIRGOR 16,925 ▲ 0.89% COME 43.03 ▲ 0.37% LOMA NEGRA 3,620 ▲ 0.42% BYMA 296.00 ▲ 1.28% TELECOM ARG 4,278 ▲ 0.53% ECOPETROL 16.91 ▲ 2.30% BANCOLOMBIA 84.35 ▲ 0.85% GRUPO AVAL 5.04 ▼ 0.94% CREDICORP 389.33 ▼ 0.45% SOUTHERN COPPER 190.13 ▲ 1.13% BUENAVENTURA 32.68 ▲ 4.56% MERCADOLIBRE 1,807 ▼ 0.87% NUBANK 14.03 ▼ 2.54% XP 17.08 ▲ 1.34% PAGSEGURO 9.50 ▼ 0.84% STONE 11.19 ▼ 0.58% GLOBANT 31.98 ▼ 0.37% TECNOGLASS 45.85 ▲ 1.55% GAP AIRPORT 218.81 ▲ 0.52% ASUR 272.39 ▼ 0.93% OMA AIRPORT 106.10 ▲ 1.79% AMX ADR 26.08 ▼ 0.04% FEMSA ADR 132.45 ▲ 1.61% CEMEX ADR 12.82 ▲ 0.91% PETROBRAS ADR 19.05 ▲ 2.72% VALE ADR 14.64 ▲ 2.74% ITAU ADR 8.39 ▼ 0.12% SANTANDER BR 5.38 ▼ 0.55% AMBEV ADR 3.16 ▲ 1.45% CSN 1.06 ▲ 5.50% GERDAU 4.70 ▲ 1.29% LATAM ADR 51.03 ▼ 1.05% BTC 65,685 ▼ 1.23% ETH 1,929 ▲ 0.04% SOL 77.69 ▼ 0.54% XRP 1.14 ▼ 0.24% BNB 570.60 ▼ 0.52% ADA 0.17 ▲ 0.72% DOGE 0.07 ▼ 0.81% AVAX 6.55 ▼ 0.17% LINK 8.64 ▼ 0.06% DOT 0.84 ▼ 1.04% LTC 46.70 ▼ 0.25% BCH 219.93 ▼ 1.68% TRX 0.33 ▼ 0.48% XLM 0.19 ▼ 1.32% HBAR 0.07 ▲ 3.28% NEAR 1.88 ▼ 2.74% ATOM 1.46 ▼ 1.49% AAVE 97.00 ▲ 1.49% SELIC 14.25% EMBRAER 84.20 ▲ 1.88% EMBRAER ADR 66.38 ▲ 1.39% JBS 12.29 ▲ 2.80% JBS BDR 62.14 ▲ 3.19% MBRF3 15.48 ▲ 2.45% MBRFY 3.00 ▲ 1.69% INTER 5.52 ▼ 1.16% EGX 53,932 ▼ 0.11% USD/ZAR16.42▼ 0.33% USD/NGN1,370▼ 0.55% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY163.05▼ 0.08% USD/CNY6.76▼ 0.08% DAX 25,173 ▲ 0.64% CAC 8,451 ▲ 1.04% FTSE 10,748 ▲ 1.53% MIB 52,829 ▲ 1.04% IBEX 19,620 ▲ 1.24% STOXX 648.02 ▲ 0.75% EUR/USD1.14▲ 0.15% GBP/USD1.34▼ 0.39% SPX 7,500 ▼ 0.13% DJI 52,317 ▲ 0.18% NDX 29,052 ▼ 0.35% RUT 2,981 ▼ 0.22% TSX 35,677 ▲ 0.87% VIX 16.95 ▼ 0.59% USD/CAD1.41▼ 0.17% US10Y 4.6500 ▲ 0.48% IBOV 176,402.10 ▲ 1.77% IPSA 10,989.46 ▲ 0.32% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,343,345 ▲ 1.87% COLCAP 2,312.45 ▲ 0.48% BVL PERÚ 57,575.02 — — USD/BRL 5.06 ▼ 0.33% USD/MXN 17.40 ▼ 0.08% USD/CLP 935.09 ▼ 0.07% USD/COP 3,200 ▼ 1.71% USD/PEN 3.40 ▲ 0.09% USD/ARS 1,478 ▲ 0.02% USD/UYU 40.14 ▲ 1.07% USD/PYG 6,035 ▲ 1.50% USD/BOB 10.95 ▲ 3.79% USD/DOP 58.34 ▲ 0.24% USD/CRC 447.42 ▲ 1.35% USD/GTQ 7.62 ▲ 2.27% USD/HNL 26.74 ▲ 1.52% USD/NIO 36.62 ▲ 0.72% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.35% USD/TTD 6.71 ▲ 0.76% EUR/BRL 5.77 ▼ 0.89% BRENT 94.31 ▲ 3.63% WTI 87.10 ▲ 2.58% IRON ORE 161.91 — — COPPER 6.50 ▼ 0.19% GOLD 4,152 ▲ 1.99% SILVER 60.52 ▲ 2.86% SOY 1,235 ▲ 1.27% CORN 484.50 ▲ 7.01% WHEAT 704.25 ▲ 3.87% COFFEE 317.85 ▼ 4.25% SUGAR 14.84 ▼ 0.27% ORANGE JUICE 146.65 ▲ 1.98% COTTON 80.43 ▲ 1.86% COCOA 5,355 ▼ 4.49% BEEF 219.73 ▼ 3.07% CATTLE 337.38 ▼ 3.48% LITHIUM 69.49 ▲ 0.59% PETR4 42.63 ▲ 2.33% VALE3 74.27 ▲ 2.81% ITUB4 42.53 — 0.00% BBDC4 18.64 ▲ 0.49% ABEV3 16.09 ▲ 1.84% BBAS3 20.84 ▼ 0.19% B3SA3 15.55 ▲ 2.50% WEGE3 46.43 ▲ 9.32% PRIO3 59.60 ▲ 2.44% SUZB3 42.25 ▲ 1.49% RENT3 36.84 ▲ 0.79% AZZA3 17.51 ▲ 0.17% CSAN3 3.88 ▲ 2.65% RAIZ4 0.28 ▲ 3.70% PCAR3 2.68 ▼ 1.83% GMAT3 3.86 ▲ 0.78% PSSA3 54.60 ▲ 2.09% CVCB3 1.24 ▲ 10.71% POSI3 3.70 ▲ 0.54% SLCE3 13.88 ▲ 0.95% NATU3 8.78 ▲ 0.80% BRKM5 6.08 ▲ 6.48% RANI3 7.99 ▲ 1.27% CSNA3 5.26 ▲ 3.95% CMIN3 5.87 ▲ 5.20% USIM5 8.57 ▲ 1.30% GGBR4 23.71 ▲ 0.94% ENEV3 25.58 ▲ 0.63% CPFE3 46.58 ▲ 0.39% CMIG4 11.10 ▲ 0.73% EQTL3 38.95 ▲ 0.31% LREN3 13.51 ▲ 1.81% VIVT3 35.86 ▲ 0.17% RAIL3 13.56 ▲ 2.42% KLABIN 17.87 ▲ 1.59% RAIA DROGASIL 18.06 ▼ 0.39% RDOR3 33.93 ▲ 0.03% HAPV3 11.47 ▲ 2.05% FLRY3 16.66 ▲ 0.66% SMTO3 16.04 ▲ 2.95% UGPA3 32.36 ▲ 1.70% VBBR3 34.45 ▲ 1.47% BBSE3 41.95 ▲ 0.96% BPAC11 56.06 ▲ 1.25% CURY3 30.12 ▲ 0.57% AERI3 2.06 ▲ 0.98% VIVARA 21.34 ▼ 0.33% COMPASS 24.61 ▲ 0.70% VAMOS 3.18 ▲ 2.91% SANB11 26.71 ▼ 1.84% ASAI3 8.40 ▲ 1.82% SBSP3 28.95 ▲ 1.22% WALMEX 49.39 ▲ 0.49% GMEXICO 212.01 ▲ 1.45% FEMSA 229.96 ▲ 1.42% CEMEX 22.38 ▲ 1.40% GFNORTE 188.00 ▲ 1.18% BIMBO 60.20 ▲ 1.36% TELEVISA 9.89 ▲ 1.33% AMX 22.68 ▼ 0.35% GAP 379.64 ▲ 0.30% ASUR 272.39 ▼ 0.93% OMA 230.97 ▲ 2.08% KOF 184.24 ▲ 2.09% GRUMA 282.16 ▼ 0.16% KIMBER 38.99 ▲ 1.54% SQM-B 66,000 ▲ 2.26% COPEC 6,400 ▼ 0.78% BSANTANDER 79.39 ▲ 0.48% FALABELLA 5,905 ▼ 0.23% ENELAM 84.35 ▼ 0.21% CENCOSUD 2,025 ▼ 0.13% CMPC 1,076 ▼ 0.71% BANCO CHILE 190.02 ▲ 0.01% LATAM AIR 24.05 ▼ 0.62% YPF 81,900 ▲ 1.58% GGAL 8,175 ▲ 2.64% PAMPA 5,510 ▲ 0.64% TXAR 677.50 ▼ 0.22% ALUAR 978.50 ▲ 0.57% TGS 9,840 ▲ 1.34% CEPU 2,345 ▲ 0.21% MIRGOR 16,925 ▲ 0.89% COME 43.03 ▲ 0.37% LOMA NEGRA 3,620 ▲ 0.42% BYMA 296.00 ▲ 1.28% TELECOM ARG 4,278 ▲ 0.53% ECOPETROL 16.91 ▲ 2.30% BANCOLOMBIA 84.35 ▲ 0.85% GRUPO AVAL 5.04 ▼ 0.94% CREDICORP 389.33 ▼ 0.45% SOUTHERN COPPER 190.13 ▲ 1.13% BUENAVENTURA 32.68 ▲ 4.56% MERCADOLIBRE 1,807 ▼ 0.87% NUBANK 14.03 ▼ 2.54% XP 17.08 ▲ 1.34% PAGSEGURO 9.50 ▼ 0.84% STONE 11.19 ▼ 0.58% GLOBANT 31.98 ▼ 0.37% TECNOGLASS 45.85 ▲ 1.55% GAP AIRPORT 218.81 ▲ 0.52% ASUR 272.39 ▼ 0.93% OMA AIRPORT 106.10 ▲ 1.79% AMX ADR 26.08 ▼ 0.04% FEMSA ADR 132.45 ▲ 1.61% CEMEX ADR 12.82 ▲ 0.91% PETROBRAS ADR 19.05 ▲ 2.72% VALE ADR 14.64 ▲ 2.74% ITAU ADR 8.39 ▼ 0.12% SANTANDER BR 5.38 ▼ 0.55% AMBEV ADR 3.16 ▲ 1.45% CSN 1.06 ▲ 5.50% GERDAU 4.70 ▲ 1.29% LATAM ADR 51.03 ▼ 1.05% BTC 65,685 ▼ 1.23% ETH 1,929 ▲ 0.04% SOL 77.69 ▼ 0.54% XRP 1.14 ▼ 0.24% BNB 570.60 ▼ 0.52% ADA 0.17 ▲ 0.72% DOGE 0.07 ▼ 0.81% AVAX 6.55 ▼ 0.17% LINK 8.64 ▼ 0.06% DOT 0.84 ▼ 1.04% LTC 46.70 ▼ 0.25% BCH 219.93 ▼ 1.68% TRX 0.33 ▼ 0.48% XLM 0.19 ▼ 1.32% HBAR 0.07 ▲ 3.28% NEAR 1.88 ▼ 2.74% ATOM 1.46 ▼ 1.49% AAVE 97.00 ▲ 1.49% SELIC 14.25% EMBRAER 84.20 ▲ 1.88% EMBRAER ADR 66.38 ▲ 1.39% JBS 12.29 ▲ 2.80% JBS BDR 62.14 ▲ 3.19% MBRF3 15.48 ▲ 2.45% MBRFY 3.00 ▲ 1.69% INTER 5.52 ▼ 1.16% EGX 53,932 ▼ 0.11% USD/ZAR 16.42 ▼ 0.21% USD/NGN 1,370 ▼ 0.45% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY 163.07 ▼ 0.04% USD/CNY 6.7608 ▲ 0.06% DAX 25,173 ▲ 0.64% CAC 8,451 ▲ 1.04% FTSE 10,748 ▲ 1.53% MIB 52,829 ▲ 1.04% IBEX 19,620 ▲ 1.24% STOXX 648.02 ▲ 0.75% EUR/USD 1.1414 ▲ 0.09% GBP/USD 1.3383 ▲ 0.03% SPX 7,500 ▼ 0.13% DJI 52,317 ▲ 0.18% NDX 29,052 ▼ 0.35% RUT 2,981 ▼ 0.22% TSX 35,677 ▲ 0.87% VIX 16.95 ▼ 0.59% USD/CAD 1.4081 ▼ 0.18% US10Y 4.6500 ▲ 0.48%
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Moderate Independence Party Wins Greenland Elections Amid Trump’s Annexation Interest

By · March 12, 2025 · 2 min read

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Official results released Wednesday show Greenland’s center-right Demokraatit party won Tuesday’s parliamentary election with 29.9% of votes.

The pro-business party tripled its previous electoral performance, surpassing predictions by political analysts across the Arctic region. Led by 33-year-old Jens-Frederik Nielsen, Demokraatit advocates gradual independence from Denmark.

The populist Naleraq party secured second place with 24.5%, supporting more immediate separation from Denmark. Both ruling parties suffered significant losses, with Inuit Ataqatigiit and Siumut collecting only 36.1% combined.

U.S. President Donald Trump‘s statements about acquiring Greenland heavily influenced voter sentiment. Trump recently told Congress America would get Greenland “one way or another” for security reasons. Nielsen has firmly responded that “Greenland is not for sale.”

“We want change. We want business to improve our welfare,” Nielsen told reporters after results emerged. “We don’t want independence tomorrow; we want a solid foundation.”

Moderate Independence Party Wins Greenland Elections Amid Trump's Annexation Interest
Moderate Independence Party Wins Greenland Elections Amid Trump’s Annexation Interest. (Photo Internet reproduction)
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The election marks the first time neither traditional powerhouse—Siumut or Inuit Ataqatigiit—has won. Nielsen must now negotiate with other parties to form a coalition government in the 31-seat parliament.

Greenland’s Economic Struggles and Opportunities

Greenland faces substantial economic hurdles despite its strategic importance. Denmark provides annual subsidies of approximately $525 million, covering half of Greenland‘s public budget. The economy currently depends heavily on fishing and government employment.

Labor shortages plague multiple sectors despite unemployment issues among the 56,000 residents. Population projections show a decline to around 40,000 by 2050, further complicating economic development.

Greenland possesses vast mineral wealth, including rare earth elements essential for technology manufacturing. Climate change has created new opportunities in tourism and shipping as Arctic ice retreats. These sectors could potentially diversify the economy beyond traditional industries.

Voter turnout remained high across the 72 polling stations throughout the territory. Officials extended voting by 30 minutes due to strong participation from the 40,500 eligible voters, demonstrating the election’s perceived importance for Greenland’s future.

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