Emphasising the recurring rise of geoeconomics, Finland’s Foreign Minister Elina Valtonen used the launch of the Nordic Economic Security Programme (NESPO) in Helsinki to pitch a bold economic initiative for the Alliance: a free-trade zone covering the entirety of NATO. Support for Ukraine will weigh on Nordic national budgets for years, if not decades —
Finland’s Foreign Minister Valtonen: NATO-Wide Free Trade Needed Read More »
China’s recent imposition of export restrictions on seven critical rare earth elements has significant implications for global defence industries, particularly affecting the United States and its European allies. These elements are essential for advanced military technologies, including fighter jets, missile systems, and electronic warfare equipment. To mitigate the risks, Europe must develop domestic capacities, invest
The New Arms Race Is Underground: Responding to China’s Resource Blackmail Read More »
The USA’s ‘Liberation Day’ tariffs are a recurring pattern throughout history. These trade barriers have struck the defence industry hard, disrupting imports and exports. In 2024, American defence exports were valued at over $300 billion. Nations have long used trade barriers as instruments of power, and in some cases, these economic skirmishes have spiralled into
Trade Wars Batter Defence Industry – And Sometimes Lead to Real Wars Read More »
