This is a reprint of a post from Arctic Progress. Back when Iceland tipped over into financial collapse during 2008 and the UK seized Icelandic banks’ assets using anti-terrorist laws as fig cover, Icelandic President Olafur Ragnar stated that Russia could make use of the Keflavik air base in return for a $5bn loan to the insolvent […]
Spooks, Mercs or Merchants over Iceland?
This Post about Geopolitics,
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was written by Anatoly Karlin for Arctic Progress on September 5, 2010 .7 Comments
Russia to Bail Out Iceland?
This Post about Geopolitics,
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was written by Anatoly Karlin for Da Russophile on October 7, 2008 .No Comments
Will Russia acquire Keflavik without the need for an amphibious invasion, as in the Clancy-verse? Potentially, they could neutralize the SOSUS (a long unrealized Soviet ambition) and reinforce their position in the Arctic-Atlantic region for just 5bn $. This is compared to the 700bn $+ the US has spent in Iraq to little discernible effect. […]
