Subscribe now

Letter: Cashing in

Published 27 November 2013

From Bryn Glover

Feedback asks: “As for Arctic melting being beneficial… to whom?” (2 November). Well come on, surely ’tis plain and obvious. Without all that inconvenient ice in the way, cable-laying ships can put in place a direct optical link along the great circle between New York and Tokyo, shaving precious microseconds off arbitrage deals on financial markets. To a select few traders, it could be worth billions.
Cracoe, North Yorkshire, UK

Issue no. 2945 published 30 November 2013

Sign up to our weekly newsletter

Receive a weekly dose of discovery in your inbox. We'll also keep you up to date with New Scientist events and special offers.

Sign up
Piano Exit Overlay Banner Mobile Piano Exit Overlay Banner Desktop