DIRS.INFO The most relevant business & tech news

☆ Golden visas attracted wealthy Americans to Southern Europe. Then their housing crisis followed.
▼ + stars: | 2024-05-09 | by ( Eliza Relman | ) www.businessinsider.com time to read: +8 min

This is in part the doing of so-called "golden visas," hugely popular residency visas for foreign investors. And they purchased more Portuguese golden visas than any other nationality in 2022. Related storiesBut as Portugal has experienced a worsening housing affordability crisis, Portuguese public opinion on golden visas has soured. Last year, the country changed the terms of its golden visa program to exclude real estate investment. Other southern European countries are following suit, similarly pointing to skyrocketing real estate prices.

Persons: —, They're, they're, João Pereira dos Santos, Pereira dos Santos, Nuno Fazenda, Holger Schmieding, Schmieding, David Zorrakino Organizations: Service, Business, The New York Times, School of Economics, Finance, Queen Mary University of London, State, Tourism, Trade, Services, Bloomberg, Berenberg Bank, Getty, European Central Bank, Paris Locations: Greece, Portugal, Tourism, Lisbon, Athens, Spain, Southern Europe, Portuguese, London, Ramblas, Barcelona, Catalonia, Europe, Germany, Netherlands, France

☆ Russia may not start an all-out war with NATO, but already has plans to destroy it from within
▼ + stars: | 2024-05-01 | by ( Tom Porter | ) www.businessinsider.com time to read: +9 min

Late last year, Poland's national security agency estimated that Russia could attack NATO within three years. AdvertisementBut whether Putin really does intend to attack NATO and what an attack might look like remains unclear. In March, Putin denied having any plans to attack NATO members, describing such claims as "complete nonsense." "So, his ambition in growing is not going to be that he will attack NATO and NATO countries next year. A covert war is already underwayRussia, some point out, is already engaged in a war with NATO, albeit covertly.

Persons: —, Donald Tusk, Tusk, Putin, Emmanuel Macron, NATO Putin, Philip Ingram, Ingram, Ruth Deyermond, Bryden Spurling, Robert Dover, Spurling, that's, SERGEY BOBOK, Russia's Organizations: Service, Poland's, Business, Bild, NATO, Germany isn't, Ukraine, King's College London, RAND Corporation, University of Hull, European NATO, RAND, Ukrainian Territorial Defence Forces Locations: Europe, Russia, Ukraine, Eastern Europe, Baltic, Estonia, Lithuania, Latvia, Germany, Washington, Russian, NATO, European, Kharkiv, Soviet Union

☆ England Limits Youth Gender Medications, Part of Big Shift in Europe
▼ + stars: | 2024-04-09 | by ( Azeen Ghorayshi | ) www.nytimes.com time to read: +1 min

The National Health Service in England started restricting gender treatments for children this month, making it the fifth European country to limit the medications because of a lack of evidence of their benefits and concern about long-term harms. England’s change resulted from a four-year review released Tuesday evening by Dr. Hilary Cass, an independent pediatrician. “For most young people, a medical pathway will not be the best way to manage their gender-related distress,” the report concluded. In a related editorial published in a medical journal, Dr. Cass said the evidence that youth gender treatments were beneficial was “built on shaky foundations.”The N.H.S. England’s move is part of a broader shift in northern Europe, where health officials have been concerned by soaring demand for adolescent gender treatments in recent years.

Persons: Dr, Hilary Cass, Cass Organizations: National Health Service Locations: England, Europe

☆ ‘Extraordinary’ archive of ancient brains could help shed light on mental illness
▼ + stars: | 2024-03-25 | by ( Katie Hunt | ) edition.cnn.com time to read: +7 min

CNN —An undertaker turned academic, Alexandra Morton-Hayward became interested in brains — specifically how they decompose — during her former job. To understand why, the anthropologist has compiled a unique archive of information about 4,405 brains unearthed by archaeologists. No other soft tissue survived amongst the bones, which were dredged from a heavily waterlogged grave. Morton-Hayward works in a lab in Oxford, England, where she has helped build a collection of 570 ancient brains. Interestingly, many of the oldest brains are preserved in this unknown way, Morton-Hayward said.

Persons: Alexandra Morton, Hayward, “, ”, Martin Wirenfeldt Nielsen, wasn’t, He’s, ” Wirenfeldt Nielsen, Alexandra L, Morton, It’s, “ I’m Organizations: CNN, University of Oxford, Morton, South Denmark University Hospital, University of Southern, Stone Age, Royal Society B Biological Sciences, Hayward Locations: Morton, Bristol, England, Russia, Oxford, Stone, Stone Age Sweden, Sint, Ypres, Belgium, Polish

☆ Cruise passenger, 23, fell overboard and vanished after complaining he felt seasick
▼ + stars: | 2024-03-24 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +1 min

A tourist, 23, fell overboard from the MSC Euribia cruise ship, say reports. The recently-wed student had just texted his wife that he felt seasick. Liam Jones vanished during a seven-day Northern Europe tour cruiseNEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementA 23-year-old tourist is presumed dead after falling from the MSC Euribia cruise ship in the North Sea, reports say. Liam Jones disappeared during a seven-day Northern Europe tour cruise from Southampton to Amsterdam with his family to celebrate his mother's birthday.

Persons: Liam Jones, —, Sophia Mcphee Organizations: MSC, Service, Business Locations: Europe, North, Southampton, Amsterdam, Scotland

☆ Opinion: Why a booming economy isn’t helping Biden
▼ + stars: | 2024-03-24 | by ( Fareed Zakaria | ) edition.cnn.com time to read: +9 min

It used to be that the public’s view of the president depended mostly on its view of the economy. Democrats who had previously thought the economy was in terrible shape now thought it was booming, and Republicans did the opposite. I argue in the book that it is identity — which encompasses culture, class and tribalism. And when people see their world in flux, they often move not left on economics but right on culture. The left needs to play more effectively on the new crossroads of politics, where culture and class have replaced economics.

Persons: Fareed Zakaria, Fareed, Read, Joe Biden’s, haywire, It’s, Nate Cohn, Barack Obama’s, Donald Trump, ’, Trump, Ronald Inglehart, —, Inglehart, John Burn, “ Organizations: CNN, Fareed’s, The New York Times, Immigration, Trump Locations: America, Sweden, Denmark, France, Austria, Germany, Japan, United States, Nigeria

☆ Scientists use cosmic rays to date earliest evidence of humans in Europe
▼ + stars: | 2024-03-06 | by ( Katie Hunt | ) edition.cnn.com time to read: +5 min

Archaeologists have recovered 90,000 stone tools from the site, which lies close to Ukraine’s southwestern border with Hungary and Romania. Some 90,000 stone tools made by early humans have been found at the site but no human fossils. Garba‘s colleagues measured two nuclides, aluminum-26 and beryllium-10, found in quartz grains from seven pebbles discovered in the same layer as the stone tools. The earliest human fossils unearthed in Europe are from the Atapuerca site in Spain and date back 1.1 million years, according to the study. Korolevo would have been appealing to ancient humans because it’s near the Tisza River, which leads to the Danube, and there was a readily available source of hard rock to knap stone tools, Garba said.

Persons: Roman Garba, ”, “, ” Garba, Garba, It’s, Briana Pobiner, wasn’t, hominins Organizations: CNN, Czech Academy of Sciences, Archaeological Institute, NAS, Smithsonian National Museum of Locations: Ukraine, Europe, Prague, Hungary, Romania, Africa, Spain, Georgia, Dmanisi, Washington , DC, hominins

☆ Nordic countries are struggling to fly planes because Russian jamming is screwing with GPS: report
▼ + stars: | 2024-02-27 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

Countries bordering Russia in northern Europe are reporting GPS jamming, The Barents Observer said. Russian electronic warfare is believed to be responsible, the report added. AdvertisementRussian electronic warfare appears to be jamming GPS for ships and planes in the far north of Europe. It added that GPS disturbances were reported by airliners and air ambulances flying from Kirkenes and other towns in the far northeast of Norway. AdvertisementPolice and national authorities told the Barents Observer that GPS jamming could impact emergency services.

Persons: —, Dagens Næringsliv, Joakim Paasikivi, Trond Eirik Nilsen Organizations: Barents Observer, West, Service, Norwegian Communication Authority, Russia, The Telegraph, Business, NATO, Swedish Defense University, Swedish, SVT, Advertisement Police, Finnmark Police Locations: Russia, Europe, Russian, Norway, Finland, Ukraine, Kirkenes, Finnmark, Poland, Baltic, Kaliningrad

☆ Hungary votes to approve Sweden's NATO membership
▼ + stars: | 2024-02-26 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Swedish Prime Minister Ulf Kristersson is meeting with Hungarian Prime Minister Viktor Orban in Budapest, as Hungary remains the last NATO member to not ratify Sweden's bid to join NATO, on (Photo by Balint Szentgallay/NurPhoto via Getty Images)Hungary on Monday voted to approve Sweden's NATO accession bid, ending months of diplomatic negotiations and finalizing Stockholm's membership almost two years after it first applied to join the military alliance. Hungarian lawmakers voted in favor of Sweden's membership after overcoming long-standing opposition from governing party members led by Prime Minister Viktor Orban. The Scandinavian country will become the 32nd NATO member, coming under the fold of Article 5 of the treaty, which vows that an attack on one member is an attack on all of them. Sweden applied to join NATO in May 2022 — at the same time as Finland — in a historic overhaul of its policy of military non-alignment following Russia's invasion of Ukraine. While a vast majority of NATO members backed Stockholm's bid from its early days, Orban was resistant amid Swedish criticism over Hungary's democracy.

Persons: Ulf Kristersson, Viktor Orban, Balint Szentgallay, —, Orban Organizations: Swedish, Hungarian, NATO, Getty Images, Monday, Finland —, Gripen Locations: Budapest, Hungary, Sweden, Finland, Ukraine, Europe, Swedish

☆ More pedestrians were killed on Los Angeles' Vermont Avenue than in the state of Vermont in 2022 — and it's become an ad for a measure to make streets safer
▼ + stars: | 2024-02-16 | by ( Eliza Relman | ) www.businessinsider.com time to read: +4 min

It's deadly — especially for anyone attempting to walk or bike the city streets. More people are killed in traffic accidents in LA than in any other city in the US — and things are headed in the wrong direction. A billboard on Vermont Avenue — a 23-mile long north-south thoroughfare — blasts a chilling statistic: more pedestrians were killed on that road than in the state of Vermont in 2022. Seven pedestrians were killed in the state, while eight people were killed on the LA road with the same name. Advertisementfact check: sad, but true pic.twitter.com/re4AZduiTK — Yes on Measure HLA (@healthystreetla) January 16, 2024The avenue is among the deadliest in LA and has a few of the most dangerous intersections in LA County.

Persons: —, Mariah Carey, Miley Cyrus, Michael Schneider, Schneider, Francine Orr, hasn't, that's Organizations: Service, Business, New York City, Vermont, City, Senate, LA's Locations: Los Angeles, LA, New York, Vermont, LA County, Hoboken , New Jersey, Northern Europe

☆ 'Quite high' risk that U.S. will withdraw from NATO if Trump is re-elected, think tank says
▼ + stars: | 2024-02-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Quite high' risk that U.S. will withdraw from NATO if Trump is re-elected, think tank saysThe former U.S. president's remarks on not defending NATO members that don't meet defense spending targets are "dangerous," says Max Bergmann, director of the Europe, Russia and Eurasia Program and the Stuart Center on Northern European Studies at the Center for Strategic and International Studies.

Persons: Trump, president's, Max Bergmann Organizations: NATO, Eurasia Program, Stuart Center, Northern European Studies, Center for Strategic, International Studies Locations: U.S, Europe, Russia

☆ ‘Vittrup Man’ was a Stone Age migrant before his violent death
▼ + stars: | 2024-02-15 | by ( Ashley Strickland | ) edition.cnn.com time to read: +7 min

What the team discovered while piecing together Vittrup Man’s life is shedding light on the movements and connections between different Stone Age cultures. Vittrup Man was likely born and grew up along the coast of the Scandinavian Peninsula, perhaps within the frigid climes of Norway or Sweden. Studying Vittrup Man has helped researchers gain insights about the genetics, lifestyles and ritual practices that can be traced to Stone Age societies, Sjögren said. A cartoon included with the new research depicts how Vittrup Man was possibly sacrificed in a swamp. But it’s also possible that Vittrup Man was in the wrong place at the wrong time.

Persons: “, ”, Anders Fischer, piecing, Vittrup, Karl, Göran Sjögren, Lasse Sørensen, ” Sørensen, Sjögren, ” Fischer, Fischer, Niels Bach, Kristian Kristiansen, it’s, Roy van Beek, Van Beek, ” van Beek Organizations: CNN, Stone, University of Gothenburg, National Museum, Wageningen University & Research Locations: Denmark, Northern Europe, Vittrup, Sweden, Sealand, Norway, Scandinavia, subsisting, Copenhagen, Europe, Netherlands

☆ Bay of Mecklenburg:Stone Age megastructure found submerged in the Baltic Sea wasn’t formed by nature, scientists say
▼ + stars: | 2024-02-12 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

CNN —A megastructure found in the Baltic Sea may represent one of the oldest known hunting structures used in the Stone Age — and could change what’s known about how hunter-gatherers lived around 11,000 years ago. The stones, which connected several large boulders, were almost perfectly aligned, making it seem unlikely that nature had shaped the structure. The team determined that the wall was likely built by Stone Age communities to hunt reindeer more than 10,000 years ago. Hunting sites around the worldThe discovery marks the first Stone Age hunting structure in the Baltic Sea region. The Lake Huron wall’s construction and location, which includes a lakeshore to one side, is most similar to the Baltic Sea wall’s, the study authors said.

Persons: ”, Jacob Geersen, Marcel Bradtmöller, . Hoy, J . Auer, LAKD, Bradtmöller, hasn’t, Geersen, it’s, ” Geersen, Jens Schneider von Deimling Organizations: CNN, Kiel University, Office for Culture, Stone, National Academy of Sciences, Leibniz Institute for Baltic Sea Research, University of Rostock, ”, Marine Geophysics Locations: Baltic, Germany, Mecklenburg, Rerik, Vorpommern, Europe, United States, Greenland, Saudi Arabia, Jordan, Lake Huron, Michigan, The, Huron

☆ Voters in Finland Will Choose a President to Shape a New NATO Era
▼ + stars: | 2024-02-11 | by ( Erika Solomon | Johanna Lemola | ) www.nytimes.com time to read: +1 min

The election might typically gain little notice beyond the borders of the sparsely populated northern European country of 5.6 million. But Finland, the newest member of NATO, shares the longest border with Russia — some 830 miles — and its politics have taken on special interest to its European and American allies as the geopolitical order shifts. U.S. power is being challenged by Moscow and Beijing, and Europe is grappling with its largest land war since World War II. At the same time, the American commitment to aiding Ukraine looks increasingly in doubt, and an unpredictable American presidential election looms. Finland’s president is responsible for foreign policy, and whoever wins will bear chief responsibility for steering the country through a changing world.

Organizations: NATO Locations: Russia, Finland, Moscow, Beijing, Europe, Ukraine

☆ Red Sea crisis: How global trade is being upended by attacks on container ships
▼ + stars: | 2024-02-08 | by ( Anna Cooban | ) edition.cnn.com time to read: +7 min

That’s added as much as two weeks to a typical East-to-West journey for container ships, and 18 days for slower bulk carriers and tankers. Global container shipping costs are less than half their level during the coronavirus pandemic, which peaked at $10,380 in September 2021. Even so, he said, container shipping is “very cost-effective” as many goods can be packed into a single shipping container. The Galaxy Leader cargo ship is escorted by Houthi boats in the Red Sea on November 20, 2023. Fewer oil tankers have avoided the Red Sea than container ships, which the Houthi militants more closely identify with Western countries allied with Israel.

Persons: Richard Meade, Tesla, Peter Sand, Good Hope, That’s, ”, Lloyd —, “, ” Simon MacAdam, ” Maersk, Meade Organizations: London CNN —, Hamas, Lloyds, CNN, Maersk, Hapag, Carriers, Global, Container, Capital Economics, Organisation for Economic Co, Development, Galaxy Leader, Houthi Military Media, Reuters Locations: Iran, Suez, Asia, Europe, Germany, Swedish, Africa, South Africa’s, Good, Sand, Vietnam, Drewry, Shanghai, China, Rotterdam, Netherlands, Xeneta, Israel, United States, Canada

☆ The UK's flagship aircraft carrier suffers new misfortune and won't lead major NATO exercise
▼ + stars: | 2024-02-04 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

The UK Royal Navy's fleet flagship had to withdraw from a major NATO exercise at the last minute. HMS Queen Elizabeth had issues with its starboard propeller shaft. In 2019, HMS Queen Elizabeth was left without propulsion for days and flooded. The ship had to anchor off Britannia Royal Naval College for 24 hours to undergo repairs, per The News. The House of Commons Defence Committee called the UK military "consistently overstretched" and under "unrelenting pressure," the Independent reports.

Persons: Queen Elizabeth, HMS Queen Elizabeth, —, Elizabeth, HMS, Wales, HMS Prince, Kalnins, Sir Richard Barrons Organizations: Royal, Service, NATO, Royal Navy, Business, Royal Navy's, Britannia Royal Naval College, Warfare Development Command, UK Defense, British, REUTERS, Bangor, Financial Times, Navy, Recruits, of Commons Defence Locations: NATO, Portsmouth, Europe, Scandinavia, Northern Europe, Westminster, Riga, Latvia, Bahrain, Bangor

☆ Opinion | The Varieties of Anti-Natalism — and the Roots of a Demographic Crisis
▼ + stars: | 2024-02-02 | by ( Ross Douthat | ) www.nytimes.com time to read: +2 min

This week, The Financial Times featured an interview with the Finnish demographer Anna Rotkirch, discussing one of the more striking subplots in the widening drama of demographic decline: The sudden collapse of what had heretofore been seen as a pronatalist success story in the social democracies of northern Europe. That hope seems to be dissolving. As Darel Paul wrote in an essay for Compact magazine last week, Europe has suffered a “stunning fertility collapse” in the last decade, much of it concentrated in countries where the feminist egalitarian model was strongest. Finland is one of them: As The Financial Times notes, “despite all the support offered to parents,” the country’s birthrate “has fallen nearly a third since 2010,” and its birthrate is now barely above the lows of Italy. And I still think that: I’m very happy, for instance, that the House just passed a child tax credit expansion, because in an age of declining birthrates, every little bit helps.

Persons: Anna Rotkirch, Darel Paul, “, I’ve Organizations: Financial Times, Nordic Locations: Finnish, Europe, Finland, Sweden, Norway, Italy, South Korea, Scandinavia, America

☆ What old bones reveal about the earliest Europeans
▼ + stars: | 2024-02-01 | by ( Katie Hunt | ) edition.cnn.com time to read: +7 min

Modern humans, or homo sapiens, weren’t previously known to have lived as far north as the region where the tools were made. “The Ranis cave site provides evidence for the first dispersal of Homo sapiens across the higher latitudes of Europe. It also shows that Homo sapiens, our species, crossed the Alps into the cold climes of northern and central Europe earlier than thought. Using the same technique, the team also managed to identify human remains among bones excavated during the 1930s. However, the protein analysis was only able to identify the bones as belonging to hominins — a category that includes Homo sapiens and Homo neanderthalensis, or Neanderthals.

Persons: weren’t, ”, Jean, Jacques Hublin, Max Planck, Marcel Weiss, Friedrich, “, hominins, neanderthalensis, Elena Zavala, ” Zavala, denning, Dorothea Mylopotamitaki “, Sarah Pederzani, William E, Banks, ” Banks, wasn’t Organizations: CNN, Max, Max Planck Institute, Alexander University Erlangen, Evolutionary Anthropology, University of California, University of La, University of Bordeaux Locations: Europe, Ranis, Germany, France, Paris, Leipzig, Moravia, Poland, British, Nürnberg, Berkeley, Siberia, Eurasia, University of La Laguna, Spain, “

☆ How Wolves Became a Pawn in the Culture Wars - The New York Times
▼ + stars: | 2024-01-30 | by ( Erica Berry | ) www.nytimes.com time to read: +1 min

For generations, America waged a war against the wolf; now with the animals repopulating the Mountain West, the wolf war has taken on a new shape: pitting neighbors against neighbors as they fight over how to manage wolves. It’s a lesson in how even in extremely polarized times, it’s possible to make heated issues less divisive. The predominant narrative of the Big Bad Wolf, which has its roots in biblical stories and Northern European fairy tales, arrived with colonization of America. Government-funded extermination programs incentivized the killing of wolves, largely as a project of “civilizing” the wilderness, an offshoot of Manifest Destiny. By the mid-20th century, wolves in the contiguous United States had been shot, poisoned and trapped almost to extinction, with just a few stragglers in the Upper Midwest.

Persons: civilizing Organizations: America, Rockies, Government Locations: Colorado, America, United States, Upper Midwest

☆ Norway defends deep-sea mining, says it may help to break China and Russia's rare earths stronghold
▼ + stars: | 2024-01-29 | by ( Sam Meredith | ) www.cnbc.com time to read: +7 min

Ocean Rebellions protest The Deep Sea Says No Why the deep sea? (Photo by Charles M. Vella/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty ImagesNorway says its controversial decision to approve deep-sea mining is a necessary step into the unknown that could help to break China and Russia's rare earths dominance. "We have been looking into the seabed minerals opportunity for a long time. Campaigners fear that exploration and exploitation activities in the deep sea could permanently alter a home that is unique to known — and many as yet unknown — species. "The argument put forward by the Norwegian government — and the deep-sea mining industry — that 'deep-sea mining can be done in a sustainable way' goes against the large consensus of scientific literature," Roux said.

Persons: Luciana, Charles M, Anne, Sophie Roux, Terje Aasland, Aasland, Arild Hermstad, Camille Etienne, Lucas Bravo, Javad Parsa, Norway's Aasland, Roux, — Organizations: SOUTH, Getty, IEA, Energy, CNBC, Afp, European Commission, Ocean Alliance, Lightrocket Locations: ROTTERDAM, SOUTH HOLLAND, NETHERLANDS, Norway, China, Europe, Russia, Norwegian, Vietnam, Brazil, Svalbard, French, Oslo

☆ Attacks on ships in the Red Sea are disrupting global trade. Here’s how it could affect what you buy
▼ + stars: | 2024-01-28 | by ( ) www.cnbc.com time to read: +8 min

Attacks on ships in the Red Sea are delivering another shock to global trade, coming on top of pandemic-related logjams at ports and Russia's invasion of Ukraine. The normal route — three weeks via the Suez Canal — has been shut down by the Houthi attacks. Chief executive Stuart Machin said the Red Sea trouble was "impacting everyone and something we're very focused on." For Europe, the impact is even bigger: 40% of clothes and 50% of shoes traverse the Red Sea. Norwegian fertilizer giant Yara said it was "only mildly impacted by the transit challenges in the Red Sea."

Persons: It's, Petersen, Ryan Petersen, Clifton Broumand, Broumand, it's, Tesla, Spencer, Stuart Machin, Steve Lamar, Lamar, Flexport, Katheryn Russ, Davis, Judah Levine, Freightos, Russ, Obama, Carlos Tavares, Stellantis, Jan Hoffmann, Frank Conforti, Conforti Organizations: Galaxy, Houthis Media, Getty, Machine, Hamas, Volvo, Suzuki Motor Corp, American Apparel & Footwear Association, University of California, U.S . Federal Reserve, BMW, Retailer Urban Outfitters, Free People Locations: Iran, Yemen, Anadolu, Greater Landover , Maryland, Taiwan, China, Gaza, Panama, Asia, Europe, United States, Suez, Africa, Ukraine, Belgium, Germany, British, Maryland, Los Angeles, Berlin, Swedish, Ghent, Hungary, Japan, U.S, overcapacity, Red, Israel, India

Attacks on ships in the Red Sea are delivering another shock to global trade, coming on top of pandemic-related logjams at ports and Russia's invasion of Ukraine. The normal route — three weeks via the Suez Canal — has been shut down by the Houthi attacks. Chief executive Stuart Machin said the Red Sea trouble was “impacting everyone and something we’re very focused on." For Europe, the impact is even bigger: 40% of clothes and 50% of shoes traverse the Red Sea. Norwegian fertilizer giant Yara said it was “only mildly impacted by the transit challenges in the Red Sea."

Persons: What’s, Ryan Petersen, Petersen, It’s, Clifton Broumand, Broumand, —, ”, “, it’s, Tesla, Spencer, Stuart Machin, Steve Lamar, Lamar, Flexport, Katheryn Russ, Davis, Judah Levine, Freightos, it's, Russ, Obama, Carlos Tavares, Stellantis, Jan Hoffmann, Frank Conforti, Conforti, ____ Anderson, Kelvin Chan, Anne D'Innocenzio, Yuri Kageyama, Tom Krisher, David McHugh Organizations: WASHINGTON, —, Hamas, Machine, Volvo, Suzuki Motor Corp, American Apparel & Footwear Association, University of California, U.S . Federal Reserve, BMW, Retailer, Free People, AP Business Locations: Belgium, Germany, British, Maryland, Asia, Ukraine, Yemen, Gaza, Europe, United States, Suez, Africa, “, Panama, Greater Landover , Maryland, Taiwan, China, Los Angeles, Berlin, Swedish, Ghent, Hungary, Japan, U.S, overcapacity, Red, Israel, India, New York, London, Tokyo, Detroit, Frankfurt

Unlike in most European countries, the president of Finland holds executive power in formulating foreign and security policy, particularly when dealing with countries outside the European Union like the United States, Russia and China. “Clearly, the main task of the president is to steer foreign policy,” said Teivo Teivainen, professor of world politics at the University of Helsinki. Finland became the Western military alliance’s 31st member in April last year, much to the annoyance of Russia and President Vladimir Putin. Under the Finnish Constitution, the president decides on foreign and security policy issues together with the government. Late last year, Finland closed its border with Russia after some 1,300 migrants without proper documentation or visas arrived across the frontier just months after Finland joined NATO.

Persons: ”, Teivo Teivainen, —, Sauli Niinistö, Alexander Stubb, Pekka Haavisto, Haavisto, Jussi Halla, Olli Rehn, Niinistö, Vladimir Putin, Teivainen, Petteri, Putin, Washington —, ” Niinistö Organizations: HELSINKI, NATO, Union, University of Helsinki, Bank of Finland, Kyiv —, Hamas, Helsinki, Washington, YLE, Nordic, Kremlin Locations: Nordic, Ukraine, Russia, United States, China, Sunday’s, Finland, Ukraine —, Moscow, Sweden, Finland’s, Finnish, Moscow , Washington, Beijing, Baltic, Vainikkala

BEIJING (AP) — China, the world’s biggest exporter, says it is deeply concerned about tensions in the Red Sea that have upended global trade by forcing many shippers to avoid the Suez Canal. Political Cartoons View All 253 Images“We are deeply concerned about the recent escalation of the Red Sea situation. The Red Sea is an important international trade route for goods and energy,” Wang said. Some of the world’s largest container shipping companies and oil giant BP have been sending vessels on longer journeys around Africa that bypass the Red Sea. In response to the growing impact on global trade, the United States and a host of other nations have created a new force to protect ships.

Persons: Wang Wenbin, ” Wang, Yemen’s, Israel —, Wang, Good Hope, “, ” Organizations: BEIJING, Foreign, Kiel Institute, Washington, U.S, United Nations Security Locations: China, Suez, Iran, Red, Iranian, Asia, Europe, Sanaa, Saudi, Israel, Gaza, United States, Africa, Good, Drewry, Germany, U.S, Iraq, Syria, Red Sea, Saudi Arabia, East, Beijing, Yemen

Here is a look at Sweden's complicated path toward NATO membership. Sweden has stayed out of military alliances for more than 200 years and long ruled out seeking NATO membership. But the Russian aggression caused a dramatic shift in both countries, with polls showing a surge in support for NATO membership. That leaves Hungary as the last hurdle for Sweden's NATO bid. Not surprisingly, Moscow reacted negatively to Sweden and Finland's decision to abandon nonalignment and seek NATO membership, and warned of unspecified countermeasures.

Persons: —, hasn’t, Nonalignment, Recep Tayyip Erdogan, Erdogan, Viktor Orbán, Ulf Kristersson, ” Organizations: STOCKHOLM, NATO —, Nordic, NATO, Kurdistan Workers ’ Party, Kremlin, Swedish, ALLIANCE, Finns, RUSSIA, nonalignment Locations: NATO, Hungary, Sweden, Ukraine, Finland, Russia, Baltic, U.S, Turkey, Turkish, Swedish, Kurdistan, Stockholm, Budapest, SWEDEN, St, Petersburg, Kaliningrad, Moscow, Northern Europe

Search resuls for: "Northern Europe"

25 mentions found