Posts Tagged ‘Northeast Passage’

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    Defrosting the Doughnut Hole

    Oct 19, 11 • 168 Views • Businesses, Demand, Supply, and Markets, Developing Economies, Environment, International Trade and Finance, Macroeconomic Measurement, Thinking EconomicallyNo Comments

    A global phenomenon will open up new areas for oil exploration, enable ships to take shortcuts, and provide easier access to world markets for iron ore and other minerals. The phenomenon? Global warming. Because of global warming, the polar ice sheet is