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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
NORWAY
Norwegian Defence Minister Odd Roger Enoksen has confirmed that the gov't in Oslo will boost military spending by NOK3bn (EUR308mn) in 2022 in order to boost the country's military defences along the Norwegian-Russian border in the far north of the country.
- Enoksen: "Even if a Russian attack on Norway is not likely, we must realise that we have a neighbour to the east that has become more dangerous and more unpredictable".
- Norway has the second-highest defence spending per capita in NATO at USD1,312 per person in 2020, below only the US on USD2,351 and ahead of the UK in third place at USD873/person.
- At present, the extent of fortifications or defences along the border are fences and checkpoints intended to stem the flow of migrants that escalated in 2016. There is little in the way of military infrastructure.
Map of Norwegian-Russian Border
Soruce: BBC
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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