In a significant development Turkish President Tayyip Erdogan said, Ankara cannot allow countries that support terrorism to in NATO, in reference to Finland and Ankara’s bid to join the military alliance. “For as long as Tayyip Erdogan is the head… Read More ›
Finland
Finland’s President Sauli Niinisto expected to greenlight Finland joining NATO
Finland’s President Sauli Niinisto is expected to give a go-ahead to Helsinki joining the NATO military alliance, marking a major shift in security policy. Finland, which shares a 810 mile (1,300 km) border with Russia, has gradually stepped up its… Read More ›
Russia proposes nationalizing all foreign owned factories that have stopped operations
A senior member of Russia’ ruling party has called for nationalising all foreign-owned factories that have closed operations in the country over what Russian President Vladimir Putin termed as a special military operation in Ukraine to cleanse it of Neo… Read More ›
EU suspends Russia, Belarus from Council of Baltic Sea States
In a statement the European Union said, it has joined members of the Council of the Baltic Sea States (CBSS) in suspending Russia and Belarus from the Council’s activities. “This decision is a part of the European Union’s and like-minded… Read More ›
Netflix to acquire Finland’s publicly listed mobile gaming company Next Games
In a statement on Wednesday, Netflix said, it has offered to acquire Finnish Next Games, a publicly listed mobile games company. “We are excited for Next Games to join Netflix as a core studio in a strategic region and key… Read More ›
Finland’s $9.4 billion F-35 deal will place F-35 close to Russia
According to US-based sources, Finland is set to sign a formal purchase agreement for F-35 fighter jets which could be announced by this weekend, bringing the fifth-generation stealth fighters closer to being deployed on Russia’s northern flank. In December 2021,… Read More ›
20 countries pledge to stop public funding of fossil fuel projects abroad by 2022
Twenty countries, including the United States and Canada have agreed to stop public funding of fossil fuel projects abroad by the end of 2022 and instead steer spending into clean energy. The commitment has been termed as a “historic” step… Read More ›
Sweden deepens defense cooperation between Norway Denmark midst tensions with Russia
According to a news bulletin from Sweden’s TV4, Stockholm is set to sign a defence cooperation agreement with Denmark and Norway in an effort to counter a deteriorating security situation in the Baltic region. Although Sweden is not a NATO… Read More ›
Nokia offers to buyback its 2021 bond for 500M euros, issues new fixed-rate bond
On Wednesday, Finnish telecom equipment giant Nokia stated, it had issued an offer to buy back its 1% notes in cash, which was due on March 15, 2021 for up to 500 million euros. The purpose of the tender offer… Read More ›
Lockheed Martin meets 2019 delivery target
Lockheed Martin Corp stated, it has reached its 2019 target of delivering 131 F-35 fighter jets to the United States and its allies, marking an increase of 47% as compared to the last year. Lockheed Martin Corp, the world’s largest… Read More ›