News Snapshot:
Open this photo in gallery: A Russian nuclear-powered icebreaker sails near the North Pole on Aug. 18, 2021.EKATERINA ANISIMOVA/Getty Images China is gaining a major foothold in the Arctic as Russia, facing a severe budget crunch from its military assault on Ukraine, increasingly relies on Beijing and unprecedented levels of Chinese corporate and state investment to develop the northern region. A new report by Strider Technologies, a leading U.S. strategic intelligence firm, says Russia has been forced to shift conventional defence spending away from the Arctic and to the war in Ukraine. In doing so, it has turned to China...