The Russian government is offering billions of dollars worth of tax cuts to energy companies pursuing natural resource extraction in the Arctic, as Moscow seeks to maintain its edge in the world’s next great geopolitical arena.
Newsweek: Race for the Arctic
An undated handout picture obtained from the Russian Arctic National Park on March 4, 2019, shows polar bears off the coast of the remote Russian northern Novaya Zemlya archipelago, a tightly-controlled military area.