Sweden abandons its search for ‘underwater threat’

The Swedish Navy has halted its search for an alleged foreign submarine in the country’s territorial waters near Stockholm, The Local cited the Navy as saying Friday.

“At 8 a.m. local time (06:00 GMT) a major naval operation, launched in … Read the rest

Race for Arctic could become uncivilized

The discovery of large hydrocarbon deposits in the Arctic has sparked international competition over resources in frozen waters. Regional powers are quickly filing claims for the sea shelf, with Russia preparing to bring in the biggest bid to the UN.… Read the rest

Russia reopens Arctic military base

arctic2Russia is reopening a Soviet-era military base in the Arctic, President Vladimir Putin said on Monday, part of a drive to make the northern coast a global shipping route and secure the region’s vast energy resources.

Two decades after abandoning … Read the rest