Michel Chossudovsky: The battle for Arctic supremacy + Frosty relations at Arctic meet


The battle for Arctic supremacy

March 30, 2010

The Arctic territories represent vast amounts of untapped natural resources and a supply route for shipping that has never before been accessible. Thanks to melting glaciers, the possibility to explore for oil and move ships through the arctic is not too far away. Canada, Russia, Norway, Denmark and the United States recently held meetings at the G-8 summit to discuss the issue that has all 5 nations up against the other. Unfortunately for Sweden, Finland and Iceland, these three countries which lay claim to the Arctic as well, were left out of the meeting. Why did the Canadians snub them? Michel Chossudovsky, Director at the Center for Research on Globalization joins Alyona with the answers.

The battle for Arctic supremacy


Frosty relations at Arctic meet

March 29, 2010

The foreign ministers of five nations with Arctic coastlines have met in Canada to discuss their claims to the area, which analysts say is rich in oil and gas deposits.

And the countries bordering the region, including Russia, the US, Canada, Denmark and Norway, are all laying claim to a slice of what could prove to be a very lucrative pie.

But the meeting has also drawn criticism from one of the participant, Hillary Clinton, the US secretary of state.

In a rare public US rebuke of Canada, she said the hosts did not invite three key nations and indigenous people with valid interests in the polar region.

Al Jazeera’s Steve Chao reports from Canada’s Resolute Bay.

Frosty relations at Arctic meet


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