Word: arctically
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...famous Icelandic herring, popular in Russia since Soviet times?" as Victor Tatarintsev, Russian ambassador to Iceland, noted in an interview on Russian television. More likely, this act of benevolence is being viewed as a way for Russia to help secure a bridgehead for an advance into the Arctic regions to claim the vast hydrocarbon and other mineral deposits there. Iceland also happens to possess a once vital NATO base, which has been in mothballs since 2006, and the Russians may be eyeing that as well...
That is why the Arctic looks so enticing. Energy experts say the Arctic's continental shelf may contain up to a quarter of the world's undiscovered oil and natural gas. "The use of these energy reserves is a safeguard for Russia's energy security," Russian President Dmitri Medvedev said. "It is our duty to our descendants. We have to ensure the long-term national interests of Russia in the Arctic." Thus, the $5.4 billion - under terms more favorable than Moscow has extended to recapitalize one of its own major banks - seems a modest price to pay. Even if ordinary...
...panic over rising gas prices outplayed fears of melting Arctic ice, the Republican call to "drill, baby, drill" got louder and more popular, eventually pushing Democrats, including Barack Obama, to publicly support some amount of offshore drilling. The flip-flopping came on the heels of the Senate's defeat of the Warner-Lieberman bill - the first real attempt to pass federal cap-and-trade legislation - thanks in part to fears raised by Republicans that a carbon cap would further increase energy prices. "America's growing dependence on fossil fuels, once viewed as a Democratic trump card...has become a lodestone...
...compared letting the American government drill in the Arctic National Wildlife Refuge—which both Barack Obama and John McCain have opposed—to “giving an alcoholic a gift certificate to the corner...
...news! Without headline speakers, the media here had little to talk about except the Arctic answer to All My Children - McCain's running mate, Governor Sarah Palin of Alaska. In today's episode, the campaign announced that Palin's 17-year-old daughter Bristol is pregnant. If elected, Palin will be the first Vice President in memory to take the oath of office with a child and a grandchild in diapers...