Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Friday Stock Market CRASH Following Israel Attack on Iranian Nuclear Facilities - 19th Apr 24
All Measures to Combat Global Warming Are Smoke and Mirrors! - 18th Apr 24
Cisco Then vs. Nvidia Now - 18th Apr 24
Is the Biden Administration Trying To Destroy the Dollar? - 18th Apr 24
S&P Stock Market Trend Forecast to Dec 2024 - 16th Apr 24
No Deposit Bonuses: Boost Your Finances - 16th Apr 24
Global Warming ClImate Change Mega Death Trend - 8th Apr 24
Gold Is Rallying Again, But Silver Could Get REALLY Interesting - 8th Apr 24
Media Elite Belittle Inflation Struggles of Ordinary Americans - 8th Apr 24
Profit from the Roaring AI 2020's Tech Stocks Economic Boom - 8th Apr 24
Stock Market Election Year Five Nights at Freddy's - 7th Apr 24
It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- 7th Apr 24
AI Revolution and NVDA: Why Tough Going May Be Ahead - 7th Apr 24
Hidden cost of US homeownership just saw its biggest spike in 5 years - 7th Apr 24
What Happens To Gold Price If The Fed Doesn’t Cut Rates? - 7th Apr 24
The Fed is becoming increasingly divided on interest rates - 7th Apr 24
The Evils of Paper Money Have no End - 7th Apr 24
Stock Market Presidential Election Cycle Seasonal Trend Analysis - 3rd Apr 24
Stock Market Presidential Election Cycle Seasonal Trend - 2nd Apr 24
Dow Stock Market Annual Percent Change Analysis 2024 - 2nd Apr 24
Bitcoin S&P Pattern - 31st Mar 24
S&P Stock Market Correlating Seasonal Swings - 31st Mar 24
S&P SEASONAL ANALYSIS - 31st Mar 24
Here's a Dirty Little Secret: Federal Reserve Monetary Policy Is Still Loose - 31st Mar 24
Tandem Chairman Paul Pester on Fintech, AI, and the Future of Banking in the UK - 31st Mar 24
Stock Market Volatility (VIX) - 25th Mar 24
Stock Market Investor Sentiment - 25th Mar 24
The Federal Reserve Didn't Do Anything But It Had Plenty to Say - 25th Mar 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Militarization of the Arctic

Politics / Arctic Resources Jul 07, 2011 - 04:20 PM GMT

By: Rick_Rozoff

Politics

Best Financial Markets Analysis ArticleCanada has announced that they will be conducting large-scale exercises in the Arctic. NATO also announced claims on the Arctic. What can you say about the militarization of the Arctic?


It’s something that has been under way, rather in earnest, for the last four years. What I think is most noteworthy is that Canadian Defence Minister Peter MacKay, while visiting his nation’s troops in Afghanistan last week, accompanied by the top military commander of Canada, Walter Natynczyk, who’s by the way being touted for a top NATO post – at least Canada is promoting that – mentioned this year‘s now annual Canadian “sovereignty exercises” in the Arctic Ocean codenamed Operation Nanook will be the largest to date, with at least a thousand Canadian military personnel participating.

Last year’s Operation Nanook was the largest to date at that time, which included 900 Canadian troops. But I think what’s even more revealing than the size of the Canadian contingent was that for the first time ever – and these exercises began in 2007 and were referred to as “sovereignty exercises” – they occurred directly in response to Russia renewing territorial claims in the Arctic Ocean, particularly using the Lomonosov and the Mendeleev Ridges to sustain their claim.

Do you know what the current status of the claimed zone of the Lomonosov Ridge is?

The claims have to be adjudicated in the United Nations. These were, in some sense, all but abandoned in the waning days of the former Soviet Union by the Mikhail Gorbachev administration. But Russia, over the last six or so years, has expressed renewed interest in the Arctic for a number of reasons.

There was a US geological survey perhaps two or three years ago that suggested that as much as 30% of hitherto undiscovered gas and 13% of oil resources exist in the Arctic Ocean.

So, there are natural resources that are involved. Of course, now, with the melting of the polar ice cap and the opening of the much-fabled Northwest Passage north of Canada, which connects the Atlantic to the Pacific Oceans and would allow nations – China is one – to circumvent the Panama Canal or even longer journeys for commercial shipping and for the shipping of energy supplies, the Arctic is taking on increasing, not only economic, but, one can argue, geostrategic importance at the moment.

Russia is simply pursuing, as any nation could and should, I suppose, its national, economic and other interests in the Arctic.

But, as a response, Canada started holding regular military exercises in the Arctic – the Operation Nanook maneuvers. And last year, as I was going to mention, for the first time ever the exercises included the participation of militaries from other countries, and those two countries were the United States and Denmark.

The United States and Denmark along with the fifth claimant to the Arctic territory, Norway, are, of course, members of the North Atlantic treaty Organization.

Russia alone of Arctic claimants is not. And it’s ironic or revealing, as you will, that Denmark and the US are the only two countries that have direct territorial disputes with Canada: in the case of the US with the Beaufort Sea, which is claimed simultaneously through the US’s state of Alaska and Canada’s Yukon Territory; and, on the other end. the Eastern, something called Hans Island, which is claimed by both Denmark through its Greenland possession and by Canada. So that, although the only real disputes that exist are between the US and Canada and Denmark and Canada, nevertheless these three countries, three NATO members, engaged in common military exercises last August – Operation Nanook 2010 – with the clear indication that NATO countries are closing ranks against the only non-NATO claimant, which, of course, is Russia.

Are you saying that NATO has an interest in the Arctic?

Yes, most surely. And it’s acknowledged it. In January 2009, in the last days of the George W. Bush Administration, the White House issued a Presidential National Security Directive, Directive 66, in relation to the Arctic.

It claimed amongst other things that not only does the US contend with Canada for part of the Beaufort Sea, but the US maintains the Northwest Passage as international waters, whereas Canada claims that it’s entirely its own.

And National Security Directive #66 included amongst other things that US warships and warplanes should have free passage through the area.

And within, I believe, about couple of weeks after that, the North Atlantic Treaty Organization held an unprecedented summit in Iceland, something to the effect of Security Prospects in the High North, at which point NATO openly acknowledged having strategic interests in the Arctic region.

This meeting was top-level. It was attended not only by the Secretary General of NATO, but by the Alliance’s two top military commanders, Supreme Allied Commander Europe, who, as you know, was an American commander at that and has been at all times, but also the Supreme Allied Commander Transformation, which is based in Norfolk, Virginia, as well as the head of the NATO Military Committee.

They weren’t talking about the weather. It was clear that NATO has charted out the Arctic as yet another area [of interest]. And this is quite in line with the new NATO Strategic Concept, which was adopted at the Lisbon Summit of the military bloc last November which highlighted in particular so-called energy security issues, that NATO has a self-appointed role, or mission, to protect energy security in the Caspian Sea, in the Gulf of Guinea in West Africa and indeed everywhere in the world – and certainly now in the Arctic.

For whom?

For the interests, I presume, of the leading NATO member states – the United States, France, Britain, Germany, Italy and so forth – as against the rest of the world.

Stop NATO
http://groups.yahoo.com/group/stopnato

To subscribe, send an e-mail to:
rwrozoff@yahoo.com
or
stopnato-subscribe@yahoogroups.com


 Global Research Articles by Rick Rozoff

© Copyright Rick Rozoff , Global Research, 2011

Disclaimer: The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of the Centre for Research on Globalization. The contents of this article are of sole responsibility of the author(s). The Centre for Research on Globalization will not be responsible or liable for any inaccurate or incorrect statements contained in this article.


© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in