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Finland bans Russians from entering EU
... into the European Union for people fleeing the Kremlin 's military mobilization effort has resulted in a ban on Russians entering the EU as tourists, according to the Finnish government on Thursday. The closure takes effect at midnight on Friday, Finland s government announced. Finland is a member of the Schengen area, which allows free travel within 26 countries in Europe. Around 80 percent of Russians entering Finland with tourist visas go to other countries. Finland wants to restrict Russian ...
Updated: 09/29/2022
Russia to annex four Ukrainian regions
... announced last week, along with Putin 's declaration that he would be calling up military reservists to bolster his campaign in Ukraine. The Russians have been trying to escape the draft, with miles of lines of traffic at border crossings with Georgia and Finland, which the latter announced on Thursday it would close its frontier to Russian tourists. Many Western experts think the moves are acts of desperation by Putin , whose armies have been pushed back by a lightning Ukrainian counteroffensive in recent ...
Updated: 09/29/2022
New UN survey shows progress in digital government
... strategies have been advanced, although many countries and municipalities have fallen short in providing adequate online services, according to a new UN survey released on Wednesday. The 2022 edition of the E-Government Survey shows that Denmark, Finland and South Korea lead the 2022 digital government ranking of the 193 UN member states, scoring the highest in terms of scope and quality of online services, status of telecommunications infrastructure and existing human capacity. The global E-Government ...
Updated: 09/29/2022
Bipartisan Nord Stream pipeline leaks likely to release 5 times the gas
... total annual greenhouse gas emissions. The dual pipes run from Russia to Germany, providing much needed gas for heating and industry. They were decommissioned by Russia for several weeks. A number of explosions were registered in Denmark, Norway and Finland shortly before the leaks were discovered. The leaks, which will push up energy prices, have been accused of being caused by the Kremlin . The person who ordered this should be prosecuted for war crimes and go to jail, according to Stanford University ...
Updated: 09/28/2022
Tuppurainen rejects Fortum's plan to capitalise Uniper
... anywhere in the near future, so this problem can't be solved with a short-term capitalisation solution, as far as the main owner is concerned, she said. Fortum has already spent a lot of money to support Uniper . It is a very large sum relative to Finland's gross domestic product. Currently, Fortum and Uniper are discussing a bailout package that could be worth nine billion euros with the German government.
Updated: 09/28/2022
Finnish firms backed up by a PE investor
... year. The revenue category of less than five million includes Happeo, which offers digital work environments and raised a funding round of 25 million during the summer. The over one hundred million category includes the small house manufacturer Den Finland, which exceeded its sales target last year. Juhana Kallio, a partner and CEO of Intera Partners , considers the stock market a good direction in the growth path of Finnish companies, even though the uncertainty of the world reflects on the economy....
Updated: 09/28/2022
Aktia launches dark green corporate bond fund
... investors, but the goal is to make the fund available to retail investors at a later stage. The fund is sold to professional institutional investors worldwide through Universal-Investment Luxembourg S.A. Aktia 's fund distribution partner in Europe. In Finland, the pension insurance company Veritas has entered the fund as a seed investor with EUR 20 million. As a pension investor, it is important to invest responsibly and without compromising returns. The fund combines the skills of experienced portfolio ...
Updated: 09/28/2022
This Wall Street investor is betting against subprime mortgages
... Mines Limited AEM is offering a dividend yield of 4.26% or $1.60 per share annually through quarterly payments, with a strong track record of increasing its dividends for six consecutive years. Agnico Eagle Mines is a gold miner in Canada, Mexico, and Finland. It also owns 50% of the Canadian Malartic Mine and produced more than 1.7 million gold ounces in 2020. In June 2022, Agnico Eagle Mines approved a normal-course issuer bid, and 453,000 common shares were repurchased for $22.3 million. Under ...
Updated: 09/28/2022
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