The arctic

Ahead of the Trump-Putin summit in Alaska to discuss Ukraine, President Trump said there would be “some land swapping.” He waxed lyrical about “prime real estate.” The summit’s location is a good example of land swaps and prime real estate and is in a region of growing geopolitical importance.   In 1867 Russia "swapped" Alaska for $7.2 million in a deal mocked as Seward’s Folly after Secretary of State William H. Seward who negotiated the exchange. It turned out to be a snip. Commercially viable oil was discovered three decades later and has brought in more than $180 billion in revenue since Alaska became a state in 1959.

Is Donald Trump unbeatable? That has been the big question hanging over the Republican presidential primary ever since the former president announced his candidacy last November. And, even before the first debate has taken place, it is a question to which “yes” looks like an increasingly plausible answer.  Since the early campaign got underway in earnest, the contest for the Republican nomination has been remarkably stable. Trump has held a commanding lead, Ron DeSantis has lagged behind him in a clear but distant second, failing to breakthrough as many thought he might after declaring his candidacy. Meanwhile, no one else has registered enough of a polling surge to announce themselves as a serious alternative.