Advertisement
Categories: BusinessNewsWorld

Finland to Build 4 U.S.-Funded Icebreakers Amidst Arctic Tensions

Advertisement

Finland is constructing a new fleet of icebreakers for the United States Coast Guard, with an estimated $6.1 billion order. Four vessels will be manufactured in Finnish shipyards, while the remaining seven will be built stateside. This contract has been seen as a boon for Finland, where unemployment rates are at their highest on record. However, concerns have escalated due to President Donald Trump’s ongoing interest in Greenland, which he covets and seeks to acquire. These ambitions have exacerbated tensions with the United States-Europe alliance, particularly through NATO. Recently, Trump backed away from previous threats of military force against Greenland, indicating a thaw in his stance on this strategically important territory.

Advertisement
News Desk

Recent Posts

CDA Gets Approval to Remove Paper Mulberry Trees, Upholding IHC’s Environmental Committee Recommendations

The Capital Development Authority (CDA) informed the Islamabad High Court (IHC) on Tuesday that paper…

5 minutes ago

US-Iran Talks Pushed Back Amid Stalled Drone Incident

World US-Iran Talks 'Still Scheduled' After Drone Incident: White House White House spokeswoman Karoline Leavitt…

2 hours ago

Miranda Kerr Reveals How They Coparent Peacefully After Splitting with Orlando Bloom

Miranda Kerr discussed her post-marriage co-parenting dynamic with her ex-husband Orlando Bloom for the We…

2 hours ago

JPMorgan Releases New Frontier Bond Index Aiming to Capture High-Yield Debt from Over 20 Emerging Markets

LONDON: JPMorgan is finalizing plans for a new index to track frontier market local currency…

2 hours ago

Halle Berry Revises Menopause as ‘Upgrade’ in Powerful Transformation Story

Oscar-winning actress Halle Berry declared menopause as an "upgrade" in her life rather than a…

4 hours ago

Perception vs Reality: Pakistan’s Bribery Issue Widens Gap

Pakistan's corruption problem appears to be more perceived than experienced, according to data from Pakistan’s…

4 hours ago