Factory activity has dropped further than expected by economists, signaling a sharp downturn in the economy, data shows German manufacturing activity dropped well below expectations in February, indicating an accelerated rate of economic downturn, the latest data compiled by S&P Global has revealed.
Finnish FM Elina Valtonen says Helsinki doesn’t expect Moscow to attack, but still seeks to maintain a strong defensive posture Russia poses no imminent military threat to Finland, the Nordic country’s foreign minister, Elina Valtonen, has said. The diplomat, however, insisted that Helsinki’s decision to join NATO in 2022 was justified, accusing Moscow of using…
Japanese energy company SODECO has decided to retain its 30% stake in the new entity that will manage the Sakhalin-1 oil and gas project in Russia’s Far East, Japan’s Economy and Industry Minister Yasutoshi Nishimura announced on Friday.