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☆ 28-year-old who left the U.S. for Finland: What work is like in the world's happiest country—'they essentially force you to take a vacation'
▼ + stars: | 2024-07-27 | by ( Jade Ventoniemi | ) www.cnbc.com time to read: +5 min

Work hours are more flexibleMany workplaces are flexible and allow employees to choose a schedule that fits their lifestyle. Some people, depending on the industry and their tenure at their job, can have up to 38 paid vacation days a year. For example, both parents are offered paid leave and they can decide when to use them in different amounts. If your kid is sick and you need to leave work to care for them, that is not just accepted but encouraged. In many cases, this can be considered a sick day for the parent as well and can be paid leave.

Persons: workdays, you'll, Ventoniemi There's, I've Organizations: U.S Locations: Finland, Kilpisjärvi, Lapland

☆ I took an overnight ferry to Finland in a premium cabin for $333. I'd do this trip again, but ideally on a nicer ship.
▼ + stars: | 2024-07-26 | by ( Louise Slyth | ) www.businessinsider.com time to read: +1 min

My husband and I traveled from Stockholm to Helsinki on the Viking Cinderella overnight ferry. We paid about $239 to upgrade to a seaside premium cabin, which had a bed, couch, and window. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTo visit Finland — named the happiest country for many years in a row — my husband and I traveled by ferry. We boarded the Viking Cinderella in Stockholm, which departed at 4:30 p.m. and arrived in Helsinki at 10 a.m. the next day.

Persons: —, Finland —, could've Organizations: Service, Business Locations: Stockholm, Helsinki, Finland

CNN —Germany’s busiest airport temporarily suspended flights on Thursday after climate activists glued themselves to the tarmac in a protest against the use of fossil fuels. Climate activist group Letzte Generation, or “Last Generation,” posted videos and photos on X that appeared to show its members on the tarmac. Gas and coal are threatening our existence,” Letzte Generation said on X.CNN has reached out to Frankfurt police for comment. On Wednesday, Letzte Generation members glued their hands to the tarmac at Germany’s Cologne-Bonn airport. Oil Kills said a further nine people blocked security gates at Helsinki airport in Finland, also causing disruption to passengers.

Persons: ”, Oil Kills Organizations: CNN, ”, Oil, Letzte, Germany’s Cologne, Norwegian Government Locations: Germany, Frankfurt, Europe, Bonn, Norway, Oslo, Norwegian, Spain, Barcelona, Helsinki, Finland

☆ A 24-year-old bought a private island in Finland for less than the price of a new car
▼ + stars: | 2024-07-25 | by ( Maria Noyen | ) www.businessinsider.com time to read: +1 min

Oliver Russell, a 24-year-old college student in Finland, bought a private island in March. Russell, who is half-American and half-Finnish, plans to build a cottage and a sauna on the land. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWhen Oliver Russell saw the island for the first time, it was coated in powdery white snow. Russell, a 24-year-old college student who is half-American and half-Finnish, knew they'd made it to solid ground when the snow felt noticeably firmer.

Persons: Oliver Russell, Russell, —, trudged, they'd Organizations: Service, Business Locations: Finland

☆ Ukraine war: European nations turn to conscription as threat of wider war with Russia grows
▼ + stars: | 2024-07-21 | by ( Radina Gigova | ) edition.cnn.com time to read: +12 min

Several European nations have reintroduced or expanded compulsory military service amid Moscow’s mounting threat, part of a range of policies aimed at boosting defenses that are likely to be scaled up even further. Compulsory military service was reintroduced on January 1 this year, after being abolished in 2006. In the UK, the Conservatives floated the idea of military service in their ill-fated election campaign. In Lithuania, for instance, opinions about military service among students vary, said Paulius Vaitiekus, president of Lithuania’s National Students’ Union. However as an alliance we do not prescribe mandatory military service,” Dakhlallah said.

Persons: ”, Robert Hamilton, Vladimir Putin “, Wesley Clark, we’ve, Clark, “, Arturs Pīlācis, Ints Kalnins, Jonas Gahr Støre, Jens Bartnes, ” Bartnes, Max Henrik Arvidson, Boris Pistorius, Thomas Frey, Sean Monaghan, Paulius Vaitiekus, Vaitiekus, Monaghan, Hamilton, it’s, ” Radebo, Mikael Sjoberg, Russia’s, Farah Dakhlallah, Dakhlallah, ” Dakhlallah, ” Monaghan, Donald Trump –, ” Clark Organizations: CNN, Foreign Policy Research Institute, US Army, Allied, Europe, NATO, ” Latvian, Reuters, European Union, Conservatives, Federal, of Defense, Eurasia Program, Center for Strategic, International Studies, Lithuania’s, ’ Union, Finnish Defence Forces, Swedish Armed Forces, Marinette, Ministry of Defense, Bloomberg, Getty Locations: Russia, Ukraine, Kyiv, Europe, Eurasia, Kosovo, Scandinavia, Latvia, ”, Riga, Norway, Norwegian, Germany, B'chel, Lithuania, Ukrainian, NATO, Finland, Soviet Union, Sweden, NATO’s, Swedish, Gotland, Visby, Moscow, Crimea

☆ Finland president: In order to achieve peace, you have to arm Ukraine
▼ + stars: | 2024-07-18 | 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 EmailFinland president: In order to achieve peace, you have to arm UkraineAlexander Stubb, the president of Finland, speaks to CNBC's Arabile Gumede at the European Political Community summit at Blenheim Palace, England.

Persons: Ukraine Alexander Stubb, CNBC's, Gumede Organizations: Finland Locations: Ukraine, Finland, Blenheim, England

☆ The first ‘Twister’ gave rise to a generation of storm chasers. Here’s what they hope to see in the sequel
▼ + stars: | 2024-07-18 | by ( Dan Heching | ) edition.cnn.com time to read: +7 min

Warner Bros./Everett CollectionSafety and science matterFor starters, experts hope safety will be emphasized amid all the gasp-inducing (and very windy) set-pieces. “This could potentially create more dangerous conditions in the climate of storm chasing,” she said of the new movie. Smith also hopes the movie gets people excited not only about the storms themselves, but the research and science behind them. There is a new opportunity for future meteorologists to bud, but not just meteorologists and not just kids,” she said. It is presented by Warner Bros., which like CNN is a part of Warner Bros.

Persons: ” Jan de Bont’s, Elizabeth Smith, “, ”, ’ ” Smith, Jo, Bill, Helen Hunt, Bill Paxton, Dr, Harold E, Brooks, Brooks –, –, Brandon Miller, ” Miller, Smith, Jo Harding, ” Smith, ‘ Jo ’, Laura Dern, Lee Isaac Chung, Daisy Edgar, Jones, Glenn Powell, Rebecca Kopelman, it’s, Kopelman Organizations: CNN, University of Oklahoma’s, Meteorology, Warner Bros, Everett, Iowa’s, Warner Bros . Locations: Finland, “

☆ Europe faces a hostile Russia and the prospect of an isolationist US. Unity is more crucial than ever
▼ + stars: | 2024-07-18 | by ( Clare Sebastian | ) edition.cnn.com time to read: +4 min

“Together we will make our allies share in the burden of securing world peace,” he said at the Republican National Convention in Milwaukee. “I think whoever wins the US race… it will be more America first,” Belgium’s Prime Minister Alexander De Croo told CNN. Europe needs to take care of its defense more.”Danish Prime Minister Mette Frederiksen argues Europe stepping up its commitment to its own security has nothing to do with the US. “We have to be more capable of defending ourselves, with a more and more aggressive Russia, not only when it comes to Ukraine,” she told CNN. Preserving European unity is critical to a long-lasting peace, he said.

Persons: JD Vance, ”, Vance, Donald Trump, Alexander De Croo, ” Finland’s, Alexander Stubb, “, Sen, Will Lanzoni, Mette Frederiksen, Keir Starmer, Viktor Orban, Vladimir Putin, ” Orban, Ursula von der Leyen, Volodymyr Zelensky, … Organizations: CNN, Republican, Republican National Convention, Munich, NATO, Trump, European Commission, EU, Ukraine Locations: Blenheim, Milwaukee, Ohio, Ukraine, Oxfordshire, Europe, States, Danish, Russia, Hungarian, Moscow, Ukrainian

☆ 'Too cheap to ignore': Buy this under-the-radar global bank with a 9% yield, analyst says
▼ + stars: | 2024-07-17 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Shares of Nordea Bank , the Finnish lender, have been labeled "too cheap to ignore" by investment bank Berenberg. Net interest income – earned through the differences in rates offered to savers and borrowers — grew 7% year-on-year to 3.86 billion euros. "Trading on only 7.5x our [financial year] 2025 earnings — an 8% premium to the sector — we think Nordea is too cheap to ignore. However, the Berenberg analyst believes that Nordea's net interest income is relatively resilient, noting that "the market still underappreciates Nordea's [net interest income] stability, in our view, which contrasts favourably to that of more rate-sensitive Nordic peers." The analyst also said that recent challenges, including a slight miss on second-quarter net interest income expectations or a modest cost increase, should not deter investors.

Persons: —, Frank Vang, Jensen, Hugh Moorhead, Banks, Moorhead Organizations: Nordea Bank, Moorhead Locations: Helsinki, Finland, Sweden, Norway, Denmark, U.S, Germany, Italy, Switzerland, Moorhead

☆ Russia's showing NATO its hand in the air war over Ukraine
▼ + stars: | 2024-07-13 | by ( Sinéad Baker | Jake Epstein | ) www.businessinsider.com time to read: +21 min

Experts told Business Insider the Ukraine war has underscored how some elements of modern air combat are radically changing. And in fights like Desert Storm and the Iraq War, the West established air superiority by taking out its opponent's air defenses. The Russian air force can't meet Western air forces air to air in a major attack without being "shot to pieces," Bronk said. "Nobody really wants an air war with Russia," said John Baum, a Mitchell Institute expert and retired US Air Force lieutenant colonel. "It is not a highly desirable thing, I think, from either side, to want to have this air war."

Persons: It's, Justin Bronk, hasn't, DIMITAR DILKOFF, Bronk, Andrew Curtis, Mark Cancian, Guy Snodgrass, Hoshang, Giorgio Di Mizio, David Allvin, it's, James Hecker, NATO hadn't, " Hecker, that's, Maxim Shemetov, Fabian Hinz, Riivo Valge, Mattias Eken, They're, Paula Bronstein, Anthony Sweeney, US Army Cancian, REUTERS Lockheed Martin, Timothy Wright, disaggregation, Schmuelgen Jarmo Lindberg, Evelyn Hockstein Valge, John Baum Organizations: Kyiv, NATO, Business, Royal United Services Institute, Western, Getty, US Air Force, Storm, Marine, Center for Strategic, International Studies, Russian Defense Ministry Press, AP Russia, AP, Hudson Institute nonresident, International Institute for Strategic Studies, REUTERS, RAND Corp, Patriots, US Army, West, Patriot, Ukraine, REUTERS Lockheed, Finnish Defense Forces, Eurofighter Typhoons, Mitchell Institute Locations: Ukraine, Russia, Russian, AFP, Iraq, Europe, West, Afghanistan, Baltic, Western Europe, Estonian, Finnish, Finland, Washington

☆ Finland passes law to block migrants crossing from Russia
▼ + stars: | 2024-07-12 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

Finland has accused neighboring Russia of weaponizing migration by encouraging scores of migrants from countries such as Syria and Somalia to cross the border, an assertion the Kremlin denies. Helsinki believes Moscow is promoting the crossings in retaliation for Finland joining NATO, which backs Ukraine against Russia’s invasion. Finnish border guards and migrants with bicycles are pictured at the international border crossing at Salla, Finnish Lapland on November 21, 2023. Orpo urged migrants who were considering coming to Europe through Russia not to embark on the journey. The access to the borders orchestrated by Russia will not lead to access to Finland or Europe.”Moscow has denied such an intention.

Persons: Reuters —, Petteri Orpo, ” Orpo, Jussi Nukari, Mari Rantanen, Finland’s, Orpo, “ Don’t, ”, ” Moscow Organizations: Reuters, Helsinki, NATO, Russia’s, Getty, Finnish Border Guard, ” Locations: Russia, Helsinki, Finland, Syria, Somalia, Moscow, Ukraine, EU, Salla, Finnish Lapland, AFP, Poland, Lithuania, Belarus, Europe, Russian

☆ NATO just accused China of enabling Russia's invasion of Ukraine for the first time
▼ + stars: | 2024-07-11 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +4 min

Read previewNATO on Wednesday accused China of being "a decisive enabler of Russia's war against Ukraine" and demanded that it stop aiding Moscow's military or face the consequences. In the alliance's Washington Summit declaration, published before a White House dinner with its leader, it called on China "to cease all material and political support to Russia's war effort." The strongest rebuke yetJens Stoltenberg, NATO's secretary-general, described the language as the "strongest message NATO allies have ever sent on China's contributions to Russia's illegal war against Ukraine." In response, China has said it is not a party to the Ukraine war and that there should be no interference with trade between China and Russia. Speaking at a press briefing on Thursday, Chinese foreign ministry spokesperson Lin Jin said "NATO hyped up China's responsibility" in Russia's invasion of Ukraine, according to Reuters.

Persons: —, Natalie Sabanadze, Jens Stoltenberg, NATO's, Lin Jin, Lin, Alexander Stubb, Xi Jinping, Stubb, Jake Sullivan, Biden Organizations: Service, Wednesday, Business, Chatham House, New York Times, NATO, Ukraine, Reuters, The Times, Bloomberg Locations: China, Ukraine, Washington, Russia, Europe, London, Beijing, NATO, United States

☆ NATO allies are discussing reclaiming some Chinese-owned infrastructure in Europe
▼ + stars: | 2024-07-11 | by ( Kayla Tausche | Kylie Atwood | ) edition.cnn.com time to read: +5 min

CNN —NATO officials are discussing taking action to reclaim some Chinese-owned infrastructure projects in Europe should a wider conflict with Russia break out in the east of the continent, three officials involved in the discussions told CNN. A decade ago, when Europe was still crawling out of the economic crater caused by the global financial crisis, the promise of infrastructure funding from Chinese-owned investment firms seemed like a major windfall. The fear, according to one US official, is that Beijing could use the infrastructure it owns in Europe to provide material assistance to Russia if the conflict were to expand. The discussions reflect an increasing focus on China by the NATO alliance. A NATO official said that if a war erupted, the infrastructure “would almost certainly be nationalized, or nations would temporarily assume operating control, under emergency security measures.

Persons: Antony Blinken, Kishida, ” Blinken, Jens Stoltenberg, CNN’s Natasha Bertrand Organizations: CNN, NATO, Washington, Moscow, Beijing, Initiative, Helsinki Shipyard –, US, Ukraine, European Union Locations: Europe, Russia, Ukraine, Beijing, China, NATO, Eastern Europe, Baltic, Finland, Canada, Japan, East Asia, South Korea, Australia, New Zealand, France, Washington

☆ Russia's thwarting of precision Western weapons in Ukraine shows the value of things like old-fashioned, unguided artillery, European general says
▼ + stars: | 2024-07-11 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +2 min

Read previewRussia's thwarting of precision weapons provided to Ukraine by the West shows there are still use cases for unguided artillery in technologically advanced warfare, a Finnish general told The Wall Street Journal. Both Ukraine and Russia have engaged in electronic warfare. Lt. Gen. Esa Pulkkinen, the permanent secretary of Finland's defense ministry, told The Journal that electronic warfare has shown that there are still uses for less-advanced, unguided artillery shells. AdvertisementAccording to The New York Times, precision-guided weapons have been a large point of focus for the US's broader defense strategy, but in Ukraine, the war is largely fought with unguided artillery. As a result, the US and others in the West have ramped up production of unguided artillery shells.

Persons: —, they're, Esa Pulkkinen, Pulkkinen Organizations: Service, Wall Street, Russia, Business, Artillery, The New York Times, Pentagon Locations: Ukraine, Finnish, Russia, Swedish

☆ I'm a Finnish mom in the US. I let my kids schedule their own playdates and allow them to skip homework to get playtime outside.
▼ + stars: | 2024-07-09 | by ( Annabella Daily | ) www.businessinsider.com time to read: +5 min

It seemed like I had just about reached everything I had wished for when my life took a turn. I have accidentally baffled many American parents by raising my children like kids are raised in the Nordics, embracing all types of weather and encouraging them to be independent. AdvertisementAt elementary age, I have them schedule their playdates so they call their friends' parents to organize them. And, after school, I suggest they skip homework to get that essential playtime outside after school instead (the American school day is two to three hours longer than the Finnish one, with less recess). I also don't spend much time entertaining my kids, allowing them to take the lead in creating their own fun.

Persons: I'm, —, it's Organizations: Service Locations: Finland, Brooklyn, American

☆ Biden needs to show he's 'with it' at 'extraordinarily important' NATO summit, former diplomat says
▼ + stars: | 2024-07-09 | by ( Natasha Turak | ) www.cnbc.com time to read: +3 min

watch nowThe stakes are high for the NATO alliance as the organization's 75th anniversary summit gets underway in Washington this week. "I think this NATO summit in Washington is an important moment for Joe Biden, he really has to show that he is with it, he's ready to continue to lead not only the United States of America but the NATO alliance," she told CNBC's Dan Murphy. Asked if the summit could be make-or-break for the transatlantic alliance, Gottemoeller replied: "I think it is an extraordinarily important summit for the NATO alliance; I wouldn't say it is a make-or-break. US President Joe Biden participates in the US-Nordic Leaders' Summit at the presidential palace in Helsinki, Finland, on July 13, 2023. US President Joe Biden travelled to Britain on July 9, 2023, to a NATO summit in Lithuania and will end the trip to Europe on July 13, 2023 in Finland.

Persons: Joe Biden, Donald Trump, Rose Gottemoeller, CNBC's Dan Murphy, Gottemoeller, Andrew Caballero, Reynolds, Trump, Vladimir Putin, Defence Lloyd J, Austin III, Rustem Umerov, Jens Stoltenberg, Charles Q, Brown Jr, Omar Havana Organizations: NATO, CNBC's, Nordic, AFP, Getty, Trump, Kyiv, Defence, Ukrainian Defence, United, Joint Chiefs Locations: Washington, U.S, United States, America, Helsinki, Finland, Britain, Lithuania, Europe, Ukraine, Russia, Brussels, Belgium

☆ Before Biden can save Ukraine, he must use the NATO summit to save himself
▼ + stars: | 2024-07-09 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

CNN —The NATO summit was long planned to celebrate the alliance’s 75th anniversary, to lock in longterm military support for Ukraine and even to future-proof the West against a possible second term for Donald Trump. But his achievements, including Sweden and Finland’s entry into the group, will be eclipsed at the summit by his battle to save his political future. She added: “At this critical time for our country, President Biden must seriously consider the best way to preserve his incredible legacy and secure it for the future.”Biden will also have an important audience overseas. “Is it going to be President Biden? On the eve of the summit, Biden’s campaign distributed a memo lauding his leadership in keeping Kyiv standing more than two years after the Russian invasion.

Persons: Donald Trump, Joe Biden’s, George H.W, Biden, Sen, Patty Murray, ” Biden, Trump, Vladimir Putin, Kurt Volker, ” Volker, CNN’s Wolf Blitzer, Volker, ”, Joe Biden, John Kirby, “, They’ve, Adam Smith, “ We’ve, CNN’s Jake Tapper, Joe ”, Putin, “ Donald Trump, Republican nominee’s, Emmanuel Macron, Olaf Scholz, Justin Trudeau, Giorgia Meloni, Trudeau, Keir Starmer, CNN’s Alex Marquardt Organizations: CNN, NATO, Trump, Biden, United, Kyiv, Democratic, Senate, House Armed Services Committee, MSNBC, ABC News, Nordic, Republican, NATO Alliance, Canadian, Liberal Party, British Locations: Ukraine, Washington, George H.W . Bush, Sweden, Atlanta, Moscow, United States, Europe, Asia, European, Kyiv, Russian, Soviet Union, NATO, Toronto

☆ Jiang Ping: Rural Chinese student sparks awe and suspicion after beating math elites in global contest
▼ + stars: | 2024-07-08 | by ( Yuxuan Jiang | Joyce Jiang | ) edition.cnn.com time to read: +8 min

Launched in 2018 by Chinese e-commerce behemoth Alibaba, the free online contest is open to math enthusiasts worldwide, though Chinese math majors typically dominate the top places. She was later trained by math teacher Wang Runqiu at Lianshu Secondary Vocational School, where she studies fashion design. Social stigma for vocational studentsAmong the cacophony of commentary, some suspect the harsh public scrutiny of Jiang is rooted in social prejudice against vocational students. But structural discrimination in China’s schools, universities and workplaces means society still favors academic degrees over trades. Jiang considers math her “Plan B,” prioritizing fashion design for future study, according to The Beijing News.

Persons: Jiang Ping, Alibaba, –, Wang Runqiu, Wang, Jiang, Richard Xu, China’s, Yin Wotao, ”, Yin, there’s, “, Zhao Yong, ” China’s, Einstein, Zhao Organizations: Hong Kong CNN, Harvard, Oxford, MIT –, DAMO Academy, Xinhua, Secondary Vocational School, Weibo, Harvard Business School, CNN, University of Kansas, Beijing, Communist Party, Zhejiang University Locations: Hong Kong, China, China’s Jiangsu, Xinhua, Lianshui, Beijing, Hangzhou, Jiangsu, Germany, Finland

☆ ‘Eat until you’re bankrupt’: Why Osaka is called the ‘kitchen of Japan’
▼ + stars: | 2024-07-07 | by ( Richard Quest | Joe Minihane | ) edition.cnn.com time to read: +7 min

Osaka, Japan CNN —Let’s be honest. Food is practically a religion in Osaka, which is now anticipating the global spotlight as it gears up to host Expo 2025. It is known as the kitchen of Japan, and, for foodies, any tour of its myriad culinary delights must start in Dotonbori. Like so many parts of Japan, Osaka is obsessed with baseball. The club began life in 1936 and briefly played as the Osaka Tigers, before reverting to Hanshin, the city 20 minutes west, where it plays at Koshien Stadium.

Persons: Japan CNN —, Osaka hasn’t, Craig Ferguson, Junko Ogura, “, Junko, Osakans, who’ve, Metin, ’ ”, Long, ”, Sanders, Takada, ” Takada Organizations: Japan CNN, Osaka, CNN, Getty, Hanshin Tigers, Osaka Tigers, Koshien, Tigers, Japan, Hardcore, “ Hanshin Tigers Locations: Osaka, Japan, Kyoto, Dotonbori, Nipponbashi, Namba, Tokyo, Kobe, Anadolu, Hanshin, men’s, Finland, Estonia, ” Tokyo

☆ A NATO sub hunter captured these shots of a Russian submarine in waters newly surrounded by the alliance
▼ + stars: | 2024-07-05 | by ( Ella Sherman | Chris Panella | ) www.businessinsider.com time to read: +4 min

These images of a Russian submarine were taken last week by 🇵🇹 P3 Maritime Patrol Aircraft while under #NATO in the #BalticSea. While it's unclear what Russian sub was documented in these photos, Russia recently conducted a submarine exercise in the Baltic Sea. The Russian nuclear-powered submarine Kazan, part of the Russian naval detachment visiting Cuba, arrives at Havana's harbor. Russian submarines are active far beyond the Baltic Sea and remain an important element of the Russian navy. For instance, the submarine Kazan was spotted in Cuba recently during a Russian navy flotilla visit and prior to exercises in the Caribbean.

Persons: —, Lockheed Martin Organizations: Service, NATO, Business, NATO Maritime Command, Orion, Lockheed, 🇵🇹 P Locations: Russian, Baltic, Portuguese

From recent graduates to wealthy professionals, many Brits are considering moving abroad these days. Over half of British workers (52%) have considered leaving the United Kingdom for better working opportunities abroad, according to the British human resources website Employer News. Others are in search of affordable housing and lower taxes, it said, citing research from London-based financial services company Prograd. But contemplating moving abroad, and actually doing it, are very different things, especially for parents, who must consider if the grass is greener abroad — with the whole family in mind. But the United States — often referred to as Britain's "cousin" — comes in dead last in the ranking of 28 countries, dragged down by high childcare costs and long work hours.

Persons: Williams Russell, — Locations: United Kingdom, London, European Union, Portugal, Sweden, Italy, Spain, Finland, United States

☆ Universal basic income has gone from utopian vision to economic reality. Here's what you need to know about UBI.
▼ + stars: | 2024-07-04 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +8 min

Read previewUniversal basic income has made giant strides from its origins as a utopian vision toward becoming economic reality. Basic income trials have been conducted in countries as varied as Kenya, Finland, India, and Canada. Proponents of UBI say it reduces poverty, strengthens the social safety net, promotes health and happiness, and combats the stigma around welfare. Basic income recipients in a Finnish trial reported higher life satisfaction, improved health, and lower levels of depression and loneliness. An open questionUniversal basic income remains a largely theoretical idea that could have significant — and unpredictable — impacts on wealth inequality, human welfare, labor markets, and entire economies.

Persons: —, Tesla's Elon Musk, Robert Reich, Juan Luis Vives, they'd, Thomas Paine, Martin Luther King Jr, Milton Friedman, Sen, Bernie Sanders of, technocrat Andrew Yang, Sam Altman, Bernie Sanders, Kevin Dietsch, Dave Ramsey, Karl Marx playbook, that's, Jack Kellam, MrBeast, Jeff Cheatham, Douglas MacKay, Chapel Hill, Karl Widerquist, Kellam, stigmas Organizations: Service, Labor, Business, Autonomy, UNC, Chapel, Georgetown University, Qatar Locations: Kenya, Finland, India, Canada, Spanish, Bernie Sanders of Vermont, Uganda

☆ China can end the Ukraine war with a single phone call to Putin, says NATO member
▼ + stars: | 2024-07-03 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +1 min

China could end Russia's war on Ukraine if it wanted to, says Finland President Alexander Stubb. "Russia is so dependent on China right now," Stubb told Bloomberg on Tuesday. But some analysts believe that China doesn't really want the war to end. AdvertisementChina could hold the key to ending Russia's war in Ukraine, Finland President Alexander Stubb said in an interview with Bloomberg on Tuesday. China's influence on Russia, Stubb said, stemmed from the latter's growing reliance on the Asian giant as it grapples with crippling economic sanctions from the West.

Persons: Alexander Stubb, Stubb, —, Xi Jinping Organizations: Bloomberg, Service, Business Locations: China, Ukraine, Finland, Russia

☆ Russian submarines fought a torpedo duel in waters surrounded by NATO allies
▼ + stars: | 2024-07-02 | by ( Chris Panella | ) www.businessinsider.com time to read: +3 min

Read previewTwo Russian submarines recently fought a torpedo duel, conducting training that involved detecting enemies, evading attacks, and working combat maneuvers. The exercises took place in the Baltic Sea, waters sometimes referred to as a "NATO lake" due to its waters being surrounded by NATO allies since Sweden and Finland ascended into the alliance. The Kilo-class, diesel-electric submarines Novorossiysk and Dmitrov held a training duel involving torpedo fire, according to Russian state-run media TASS. After wrapping up the torpedo training, the two Russian submarines went on to conduct other combat exercises in the Baltic Sea, Russian media said. Ships from NATO navies sail in formation in the Baltic Sea during the exercise Baltic Operations 2023.

Persons: —, Shawn Coover Organizations: Service, NATO, Business, Russian Kilo, Ships, US Marine Corps, Staff Locations: Baltic, Sweden, Finland, Novorossiysk, Dmitrov, Russian, Russia, Ukraine, Denmark, Germany, St, Petersburg, Primorsk, Kaliningrad, Moscow

☆ Russia can’t fight NATO on the battlefield – so it’s waging a hybrid war instead
▼ + stars: | 2024-06-30 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +15 min

And while they might look minor in isolation, taken together these incidents amount to what security experts say is Russia’s hybrid war on the West. Thornton said Russia was resorting to a campaign of sabotage as an alternative to a full-on war with NATO, which would be disastrous for Russia. Article 5 is the cornerstone principle that an attack on one member of NATO is an attack on all members. Danylyuk said the Russian security apparatus doesn’t shy away from using criminals to do its dirty work, tapping into its links with international organized crime. Russia can only be strong if the West and NATO are weak.

Persons: –, Petr Fiala, Jens Stoltenberg, Rod Thornton, there’s, ” Thornton, Vladimir Putin, Thornton, “, ”, It’s, ” Nicole Wolkov, Andrei Averyanov, Averyanov, Sergei, Yulia Skripal, d’etat, Oleksandr Danylyuk, …, Volodymyr Zelensky’s, Danylyuk, Olga Lautman, Fiala, Sergei Skripal, Yulia, Frank Augstein, ” Lautman, Lautman, Alexander Litvinenko, Andrei Lugovoi, Theresa May, Nikolai Glushkov, Salisbury, Putin, ” “, let’s, ’ ”, that’s, Litvinenko, Skripal Organizations: CNN, Occupation, . Police, European Union, NATO, King’s College London, ”, Royal United Services Institute, Czech Police, GRU, London –, German Federal Public, Ukraine, Russian, Russia NATO, Center for, European, of Human, Duma, Metropolitan Police, Command, Soviet, West Locations: Prague, Czech, Moscow, Europe, Riga, London, Warsaw, Germany, Russia, Belarus, Russian, Spain, Lithuania, Canada, Ukraine, Kyiv, Russia –, United States, al Qaeda, France, EU, Salisbury, England, Czech Republic, Vrbetice, Montenegro, Moldova, Macedonia, Ukrainian, Poland, Salisbury , England, Finland, Estonia, Lautman, Soviet Union

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