June 08 2008 / by Cronos
Category: Economics Year: 2017 Rating: 6 Hot
Copenhagen has admitted
Danish warships were responsible for the sinking of the Russian
frigate Czar Putin in the Arctic Sea. The commander of the Danish
Destroyer Prince
Frederik declared the vessel was in Danish territorial waters
off the coast of Greenland and had ignored multiple warnings.

The Danish press release also stated it regretted the sinking of
the ship and the loss of the Russian crew and that first shots were
meant as deterrence only. Once the Russians started returning fire
there was no other option than to target the ship itself, concluded
the press release. Russian warships of the Northern
Fleet are steaming up towards the area from bases all over
Russia while the US is doing the same to come the aid of their
Danish ally. (cont.)
The Canadian and Norwegian governments have not yet responded
but are expected to support the Russian fleet in their effort as
agreed upon by the Russo-Canadian Pact of 2015. The Arctic waters
have been a region of
tension ever since the rapid melting of the
Arctic ice cap became a
concern and an
opportunity and the Ilulissat
Declaration and more seriously after the failed Arctic Sea
Summit of 2013. The region has been estimated to contain 25% of the
remaining world supply of oil and natural gas. The UN and
NATO are calling for a ceasefire and warn
involved parties not to escalate the situation and go through the
proper UN procedures to resolve the issue.
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