The Muse

I am a business economist with interests in international trade worldwide through politics, money, and banking. The author of RG Richardson City Guides has over 300 guides, including restaurants and finance.

RG Richardson Interactive

RG Richardson Interactive
Interactive Finance Dictionary

Norway hits pause on controversial deep-sea mining

Norway has shelved plans to open a vast ocean area at the bottom of the Arctic for commercial-scale deep-sea mining. The decision, which was confirmed late Sunday, comes after the country’s Socialist Left Party said it would not support the minority government’s budget unless it dropped the first licensing round, initially scheduled for the first half of next year. Norwegian Prime Minister Jonas Gahr Støre said the move was a “postponement,” while environmental campaigners hailed what they described as a “huge win”.

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