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🔆 ARCTIC CIRCLE

📍 Water Bodies

✅ Chukchi Sea: Connected to the Bering Sea and the Pacific Ocean via the Bering Strait at its southernmost end.

✅ East Siberian Sea: One of the least studied water bodies in the area, experiencing an extremely harsh climate.

✅ Laptev Sea: Surrounded on three sides by land.

✅ Kara Sea: Located north of Siberia, between the Barents Sea and the Laptev Sea.

✅ Barents Sea: Off the northern coasts of Russia and Norway; relatively shallower than other parts of the Arctic Ocean.
▪️ The sea is important for the exploration of hydrocarbon resources.
▪️ It is a productive fishing area.
▪️ The Pechora Sea and the White Sea are parts of the Barents Sea.

✅ Wandel Sea: Stretches from Greenland’s northeast to Svalbard.

📍 Note:
HIMADRI – India’s research laboratory in Svalbard, Norway; near the North Pole.

MPPSC Previous Year ( PYQ )
🔆 ARCTIC CIRCLE

📍 Water Bodies

✅ Chukchi Sea: Connected to the Bering Sea and the Pacific Ocean via the Bering Strait at its southernmost end.

✅ East Siberian Sea: One of the least studied water bodies in the area, experiencing an extremely harsh climate.

✅ Laptev Sea: Surrounded on three sides by land.

✅ Kara Sea: Located north of Siberia, between the Barents Sea and the Laptev Sea.

✅ Barents Sea: Off the northern coasts of Russia and Norway; relatively shallower than other parts of the Arctic Ocean.
▪️ The sea is important for the exploration of hydrocarbon resources.
▪️ It is a productive fishing area.
▪️ The Pechora Sea and the White Sea are parts of the Barents Sea.

✅ Wandel Sea: Stretches from Greenland’s northeast to Svalbard.

📍 Note:
HIMADRI – India’s research laboratory in Svalbard, Norway; near the North Pole.
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Spiking bond yields driving sharp losses in tech stocks

A spike in interest rates since the start of the year has accelerated a rotation out of high-growth technology stocks and into value stocks poised to benefit from a reopening of the economy. The Nasdaq has fallen more than 10% over the past month as the Dow has soared to record highs, with a spike in the 10-year US Treasury yield acting as the main catalyst. It recently surged to a cycle high of more than 1.60% after starting the year below 1%. But according to Jim Paulsen, the Leuthold Group's chief investment strategist, rising interest rates do not represent a long-term threat to the stock market. Paulsen expects the 10-year yield to cross 2% by the end of the year. A spike in interest rates and its impact on the stock market depends on the economic backdrop, according to Paulsen. Rising interest rates amid a strengthening economy "may prove no challenge at all for stocks," Paulsen said.

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