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Russia lays claim to North Pole resources

Russia lays claim to North Pole resources

Russian leader Vladimir Putin has made an astonishing bid to grab a vast chunk of the Arctic, giving himself claim to its vast potential oil, gas and mineral wealth.

His audacious argument that an underwater Russian ridge is linked to the North Pole is likely to lead to an international outcry.

Some commentators have already observed it is further evidence of growing Russian assertiveness under its authoritarian president.

The Russian media trumpeted the findings of a Moscow scientific mission to the region which boasts “sensational” geological discoveries enabling the Kremlin to make the territorial claim.

Populist newspaper Komsomolskaya Pravda – a cheerleader for Putin – printed a map of the North Pole showing a “new addition” to Russia, a triangle five times the size of Britain with twice as much oil as Saudi Arabia.

Putin is no Santa Claus–so the resource endgame begins… Very predictable as the cheap and easy oil runs out. This could be the touchstone of the next serious superpower conflict. All the naive people who thought the Soviet Union went away in 1989 are in for a rude awakening. Putin is quickly ramping up his bold power plays and the old cold-war type rhetoric. And he’s a much sharper player than past Soviet leaders.


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