Prices jumped Monday as jittery traders responded to an unexpected cutoff in supply. Europe’s gas market has been jolted out of its slumber. An outage in key supplier Norway sent prices up Monday by the most this year, and uncertainty over the duration of repairs has traders on edge. AContinue Reading

A Lieutenant General with the Finnish Defence Forces told the British business daily that Finland is stepping up its already high level of preparedness in the face of an “increasingly aggressive Russia”. Finland has started storing military equipment in neighbouring Norway and will soon begin doing the same in Sweden,Continue Reading

Norway estimated the damage inflicted to its territory by NATO’s Nordic Response exercise at up to 8 million Norwegian kroner ($750,000), says Forsvarets Forum, a journal published by the Norwegian armed forces. According to the journal, the country’s authorities received lots of various complaints after the exercises, ranging from brokenContinue Reading