Greenland

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An oil exploration rig in Arctic waters (photo: dpa)

Competition hots up for the Arctic’s frozen assets

Global warming is changing the environment in the Arctic and has brought hopes of a 21st century gold rush for the potential wealth of energy and mineral resources there. Even China, with no territorial interests at stake, is now an observer member of the Arctic Council, the body which deals with the region’s affairs. The geopolitics in the High North are shifting ...
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