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...frozen North Pole is currently a no man's land supervised by a U.N. Commission. The five Polar countries - Russia, the U.S., Canada, Norway and Denmark - each control only a 200-mile economic zone along their coasts. And none of these economic zones reach the North Pole. Under the current U.N. Maritime convention, one country's zone can be extended only if it can prove that the continental shelf into which it wishes to expand is a natural extension of its own territory, by showing that it shares a similar geological structure...

Author: /time Magazine | Title: Russia Claims the North Pole | 7/12/2007 | See Source »

...Russians claimed a great scientific discovery late last month. An expedition of 50 scientists that spent 45 days aboard the Rossia nuclear ice-breaker found that an underwater ridge (the Lomonosov ridge) directly links Russia's Arctic coast to the North Pole. This, they insist, surely guarantees Russia's rights over a vast Polar territory that also happens to contain some 10 billion tons of oil and natural gas deposits...

Author: /time Magazine | Title: Russia Claims the North Pole | 7/12/2007 | See Source »

...Senator explained, the U.S. will have no say whatsoever in the dispute - it won't even have a seat on the International Seabed Authority that monitors nations' compliance with the U.N. Maritime convention, controls activities beyond the national jurisdiction limits and currently administers the area around the pole...

Author: /time Magazine | Title: Russia Claims the North Pole | 7/12/2007 | See Source »

...North Pole isn't the only prize in the eyes of the resurgent Russian empire - Moscow is also looking to restore control over a 47,000 sq. km (18,000 sq. mile) piece of the Bering Sea separating Alaska from Russian Chukotka. The territory was ceded to the U.S. in 1990 under the U.S.-Soviet Maritime Boundary Agreement signed by Secretary of State James Baker and Soviet Foreign Minister Eduard Shevardnadze. While the deal may have helped ease Cold War tensions, anti-reform Soviet hard-liners always opposed giving up a piece of territory rich in sea life and hydrocarbon...

Author: /time Magazine | Title: Russia Claims the North Pole | 7/12/2007 | See Source »

...year, the rotor blades of a Russian Mi-8 helicopter shattered the divine silence at the opposite end of the Earth, disgorging a group of top Russian dignitaries led by none other than FSB (the former KGB) Director Nikolai Patrushev, to proudly raised the Russian flag over the South Pole. At the time, it might have looked like a stunt. But back in 2004, Patrushev landed at the North Pole in much the same fashion. Stay tuned...

Author: /time Magazine | Title: Russia Claims the North Pole | 7/12/2007 | See Source »

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