Ólafur Ragnar Grímsson on the Arctic Scramble

It's "paradoxical" for the United States "to be so engaged with Russia in Ukraine, and be very passive in the Arctic," says Ólafur Ragnar Grímsson, the president of Iceland. And with Washington set to chair the Arctic Council beginning in 2015, "this will be a testing time." Grímsson recently sat down with Stuart Reid, senior editor at Foreign Affairs, to discuss ongoing developments in the rapidly melting Arctic.