There is no lack of insinuation that Russian President Vladimir Putin is looking to seize more power in his own country. Now, however, reports indicate that Putin's Russia may also be looking to extend it's economic reach with what some are claiming to be an "audacious argument." In his latest move Putin has claimed that an underwater Russian ridge links his country to the North Pole and therefore constitutes the basis for a Russian bid to take control over a huge area and its potential for oil, gas and mineral resources. Reportedly a Russian scientific mission made the discovery, which gives Russia a "new addition" five times the size of Great Britain (some 460,000 square miles). Currently the management of Arctic zone is given to the International Seabed Authority and international law restricts countries bordering the Arctic to a 200-mile economic zone. Russia's claim runs directly counter to this protocol. The region is purported to contain 10 billion tons of gas and oil deposits.



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Gonna get away with it by Anonymous :: NR0 :: on 29 June 2007
Who's going to stop Russia from pulling this off? I bet nobody. Russia has their pretext for taking the territory and they're going to do it. They'll of course put in some formal request with the UN, but it won't matter if they're turned down. The Russians will move in and take the land they want. And the UN is completely powerless to stop them, because Russia has got permanent veto power. And finally is anyone going to go to war unilaterally with Russia over their NOrth Pole oil rights? I don't think so. The whole 'NO Blood for Oil crowd' will see to that. In summation, Russia gets the oil.