Sweden’s dairy farmers hit hard by sanctions against Russia
Swedish dairy farmers are facing a tough time because of international politics. Russia has stopped the importation of milk products
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economy
Oil prices expected to stay low through 2016
The news remains bleak for a state hooked on oil production and price, with the U.S. Energy Information Administration forecasting an average price of $58
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Russia’s former prime minister suggests pause in Arctic oil & gas projects
“Arctic offshore oil production is only profitable at an oil price of 100-120 dollars per barrel” says Russia’s former prime
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World oil price decline siphons billions of dollars expected by Alaska
While oil prices have dropped more than 50 percent in the last six months, the decline in the Alaska oil production tax
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Traffic over Finnish-Russian border drops by one third
Officials have stopped requiring drivers to book times in advance for crossings into Finland at Vaalimaa, as queues have disappeared.
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Record year for Norwegian seafood exports
Despite the collapse of the Russian market, exports of Norwegian seafood set new records in 2014. The total value of
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Russian crisis money for Novatek’s Yamal LNG project
As national economy slides towards the abyss, Russia grants 150 billion roubles from its National Wealth Fund to gas company
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Politics, media misinformation and #sealfie – 2014 Arctic Year in Review (Part 2)
With the year almost over, Eye on the Arctic continues its look at back at 2014 with some of our
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Christmas tourism to Finland’s Arctic boasts fifth year of growth
Holiday tourism to the north of Finland has exceeded expectations this year. Charter flights to airports in Rovaniemi, Kittilä and
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Economist reflects on 100 years of shifting fortunes in Anchorage
In 2015, Anchorage will turn 100 years old. In the December issue of Alaska Economic Trends, local economist Neal Fried reflects on change in
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Falling oil prices benefit Sweden
The price of oil has dropped since the beginning of November and it is having positive effects on the Swedish
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Currency drama has little impact on tourism in Barents region
Like the Russian ruble, the Norwegian currency has been under extreme pressure amid the collapse in oil price the last
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Rouble collapse hits Finland, Forex stops buying Russian currency
Effects of the Russia rouble’s nosedive will undoubtedly be felt in Finland. One Finnish expert says the only thing that
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Oil price collapse prompts agency to lower Alaska credit outlook
FAIRBANKS — Moody’s Investors Service said Tuesday it lowered the credit outlook for Alaska because the plunge in oil prices “threatens
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Norway’s krone follows oil-price downhill
Like the Russian ruble, the Norwegian krone is diving with falling oil-prices. Down more than 4 percent on Tuesday to
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