first heard about this on zero hedge.........from reuters via france24.......
"Iceland responded warily on Tuesday to a Chinese tycoon's plan to buy a swathe of isolated land for a green tourism venture, a deal which analysts say raises security questions due to the North Atlantic island's strategic location.
The minister responsible for approving any investment by Huang Nubo said the scheme, part of a trend of Chinese buying of assets in the West, needed close scrutiny.
"This question has to be looked at carefully from many different aspects," Interior Minister Ogmundur Jonasson told Reuters, citing issues of selling such a large piece of land to a foreigner and the ownership of natural resources"................READ MORE
for more info about what is happening in the arctic (fight for oil)......READ HERE
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