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29th Mar 2024

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Russia plans 'Arctic Air Defence" with S-400 missiles

Russia plans to create an air defence 'dome' across its polar region by arming all of its Northern Fleet's Arctic divisions with S-400 missile batteries, a Russian naval commander said on Russian TV. In September Russia already deployed its S-400 air defence systems to the Novaya Zemlya archipelago in the far north. "This means that the Arctic will be protected from any kind of enemy aerial attack" he said.

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Opinion

EU Modernisation Fund: an open door for fossil gas in Romania

Among the largest sources of financing for energy transition of central and eastern European countries, the €60bn Modernisation Fund remains far from the public eye. And perhaps that's one reason it is often used for financing fossil gas projects.

'Swiftly dial back' interest rates, ECB told

Italian central banker Piero Cipollone in his first monetary policy speech since joining the ECB's board in November, said that the bank should be ready to "swiftly dial back our restrictive monetary policy stance."

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