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WATCHING THE WORLD: Russian subs and arctic oil

08/13/2007
Money, they say, is the root of all evil, but these days a lot of evil is being committed in the name of oil. Consider Russia, an oil-rich nation bent on taking over the Arctic.Its oil income, nefariously out of private hands and back under government control, is funding a new militarism, and that, in turn, is being used to acquire even more oil wealth.Recent reports say Russia is ready to start production of a new submarine-based intercontinental ballistic missile that will form the core of the country’s seaborne nuclear arsenal.According to the commander of the Russian Navy, Admiral Vladimir Masorin, a recent successful test of the Bulava-M missile has paved the way for the start ...
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