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Arctic Weekly Newsletter

 

News in the Arctic — 16.12-20.12

🔹 Alaska's Declining Oil Revenues Will Create Budget Deficit in the Short Run

According to a recent forecast, Alaska's oil revenues are expected to decline over the next few years. The outlook is rather pessimistic regarding the state's oil revenue prospects.

🔹 Norway and Britain Will Strengthen the Ukrainian Navy

Norway will provide further donations to Ukraine. The funding is expected to help confront Russia, finance mine-clearing systems, and train Ukrainian soldiers.

🔹 Despite Sanctions, the LNG Carriers Are Almost Finished

The Zvezda shipyard continues to construct gas tankers for Russian LNG projects. According to recent information from the Arctic: Today and the Future forum, the five Arctic LNG 2 tankers are 90 per cent complete.

🔹 East Sámi Language on the Verge of Extinction

The East Sámi language of the Skolt Sámi is in a precarious situation—no more than 300 people speak the language today.

🔹 Trans-Border Protest Against Greenlandic Children’s Forcible Placements in Denmark

The controversy surrounding parental competence testing continues, as protesters took to the streets in Greenland, Denmark, Iceland, the Faroe Islands, Norway, and Sápmi in Finland. They oppose the placement of Greenlandic children in Denmark.

🔹 Russia Secures Over 17 Per Cent of Global Frozen Fish Exports at Lower Prices

Russia exported over 1 million tonnes of frozen fish in the first three quarters of this year, according to a recent report. Due to various factors, Russian production is priced lower in the market.

🔹 Is Norilsk Nickel Turning Russia into a Resource Base for China?

A copper plant operated by Norilsk Nickel, which has been in operation for 89 years, is expected to be relocated to China, stirring controversy over Russia becoming a "resource base" for China.

22.12.2024