Greenland Summit To Discuss Carve-Up Of Arctic
Officials from five Arctic coastal countries will meet in Greenland this week to discuss how to carve up the Arctic Ocean, which could hold up to one-quarter of the world's undiscovered oil and gas reserves. Canada, Denmark, Norway, Russia and the United States are squabbling over much of the Arctic seabed and Denmark has called them together for talks in its self-governing province to avert a free-for-all for the region's resources.