Newsletter: Fishery, Defense, and Tax Relief
Dear reader. A forgotten Arctic delicacy is on its way to the Asian market while the sanctions are tightening their grip on Russian shipping and diplomacy. Arne O. Holm directs his sharp pen against the tax loopholes of the rich. It has been yet another eventful week in the north.
Next week's meeting of top political leaders, international organizations, bank directors, and philanthropists in Paris is the topic of Editor-in-Chief Arne O. Holm's commentary this week.
However, leaders of the richest parts of the world are not participating in the meeting, writes Holm;
Rich seas
The Greenland Halibut fishery has been concluded for now. Despite the reddish-brown flounder fish going under the radar for many, the intensive fishery is of great value for fishers and fish receptions in the north.
Russia in the north
This week, the Icelandic MFA announced that Iceland will suspend work at its embassy in Moscow as of August 1 and asked Russia to limit its operations in Reykjavik.
It did not take long for the MFA's Russian colleague to react.
This week, we present a new report on the Northern Sea Route that shows stable traffic originating from the Russian Arctic, but also notes that international transit traffic on the route has declined sharply.
Defense
And in Alaska, 2000 soldiers are currently also on the move for a military exercise.
We end the week with some cultural news,
Read about this and more at High North News.
With this, I wish you a great weekend on behalf of the editorial staff,
Sincerely, News Editor Trine Jonassen
This newsletter was translated by Birgitte Annie Molid Martinussen.