Thursday, August 23, 2007

#87: Scramble For The Arctic

Another piece of untamed territory at the mercy of great powers.
The Economist this week wrote that "the boom in energy and commodity prices has changed the economics of difficult searches for oil, gas and minerals. The steady shrinkage of polar ice-caps, as a result of global warming, is making previously inaccessible deposits much easier to get at—and helping to open some formerly icebound shipping lanes."

Hillarious: "Still more eye-catching—even if some of the footage shown on Moscow television really came from the film “Titanic”—was a Kremlin-backed voyage, which led to the planting, by a minisub, of a titanium Russian tricolour on the seabed." Read the rest of the article.

More humor off the topic: Reverent Humor

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