Denmark is increasing defense spending in Greenland, said a Danish official Tuesday who called the announcement's timing with President-elect Trump's suggestion that the U.S. should own the territory an "irony of fate.

The Danish government announced a significant increase in defense spending for Greenland a few hours after the newly elected US President Donald Trump

Troels Lund Poulsen, the Danish defense minister, told the paper Jyllands-Posten Tuesday that the country plans to spend a “double-digit billion amount” in krone — about $1.5 billion — to make sure they have a “stronger presence” in the Arctic.