Jens Stoltenberg, the former NATO Secretary General, has been appointed as the country’s new finance minister.
In a key development for Norway, Jens Stoltenberg, the former NATO Secretary General, has been appointed as the country’s new finance minister following a cabinet reshuffle.
Stoltenberg takes over the role at a critical time as Norway prepares for the potential economic consequences of a trade conflict between the U.S. and Europe, particularly the risk of a transatlantic trade war.
Stoltenberg, a well-respected figure in both national and international politics, served as Norway's prime minister twice—first from 2000 to 2001 and again from 2005 to 2013—before leading NATO for a decade. His time as NATO head saw him navigate significant challenges, including managing U.S. President Donald Trump's pressure on NATO allies to increase defence spending.
The veteran politician's appointment comes at a time when the Labour government has been struggling after the eurosceptic Centre Party quit the coalition in a dispute over European Union energy policies. With Stoltenberg's widespread popularity among Norwegians, both from his time at NATO and afterward, his appointment is expected to boost Labour’s prospects in the upcoming elections.
Stoltenberg's economic experience is also notable. As prime minister, he established the so-called spending rule, which limits the use of Norway’s sovereign wealth fund to no more than 4% of its total value in national budgets, ensuring long-term fiscal sustainability. Despite initial plans to become Norway’s central bank chief in 2022, Stoltenberg chose to remain at NATO at the request of U.S. President Joe Biden, further underscoring his international importance.
Chinese Foreign Minister Wang Yi hosted Cambodian Foreign Minister Prak Sokhonn and Thai Foreign Minister Sihasak Phuangketkeow in Yunnan province on ...
More than 1,200 people have been newly displaced in Sudan’s South and North Kordofan states due to escalating insecurity, the International Organisa...
U.S. President Donald Trump said on Sunday that negotiations with Ukrainian President Volodymyr Zelenskyy to end the Russia-Ukraine war are “in the ...
Torrential rainfall across southern and eastern Spain over the weekend has left one person dead and two others missing, authorities said on Sunday eve...
Türkiye on Sunday denied reports that a Turkish Airlines passenger flight diverted from Libya due to fears of retaliation following a Libyan military...
The 2025 Nobel Peace Prize has been awarded to María Corina Machado, a prominent Venezuelan opposition leader, for her tireless efforts in advocating for democracy and a peaceful transition in Venezuela.
Democracies must be prepared to fight for freedom in order to survive, Nobel Peace Prize laureate Maria Corina Machado said on Wednesday, in a speech delivered by her daughter during a ceremony Machado could not attend.
Scores of demonstrators gathered outside the Norwegian Nobel Institute in Oslo Tuesday (9 December) to protest against the awarding of this year’s Nobel Peace Prize to Venezuelan opposition leader Maria Corina Machado.
French naval forces opened fire on a swarm of unidentified drones that flew over one of the country’s most sensitive military installations, the Île Longue submarine base in western Brittany, officials confirmed on Friday.
New York placed the state under emergency measures on Friday as a powerful winter storm brought the heaviest snowfall since 2022, disrupting travel across the north-east of the United States.
A 7.0 magnitude earthquake struck offshore near Taiwan’s north-eastern county of Yilan late on Saturday, shaking buildings across the island, including in the capital Taipei, authorities said.
Brigitte Bardot, the French actress whose barefoot mambo in And God Created Woman propelled her to international fame and reshaped female sexuality on screen, has died at the age of 91, her foundation said on Sunday.
Iran is engaged in a “comprehensive war” with the United States, Israel, and Europe, Iranian President Masoud Pezeshkian stated on Saturday.
Japan’s tourism sector has experienced a slowdown after China’s government advised its citizens to reconsider travel to Japan, following remarks by Prime Minister Sanae Takaichi regarding Taiwan.
Chinese Foreign Minister Wang Yi hosted Cambodian Foreign Minister Prak Sokhonn and Thai Foreign Minister Sihasak Phuangketkeow in Yunnan province on Sunday, following a ceasefire that ended nearly three weeks of clashes along the Cambodia-Thailand border.
More than 1,200 people have been newly displaced in Sudan’s South and North Kordofan states due to escalating insecurity, the International Organisation for Migration (IOM) reported on Sunday.
Torrential rainfall across southern and eastern Spain over the weekend has left one person dead and two others missing, authorities said on Sunday evening, as overflowing riverbeds swept away vehicles and officials urged residents to stay indoors.
Türkiye on Sunday denied reports that a Turkish Airlines passenger flight diverted from Libya due to fears of retaliation following a Libyan military delegation plane crash near Ankara.
Gaziantep’s Panorama 25 December Museum, which commemorates the city’s resistance during Türkiye’s War of Independence, continues to attract strong public interest, with nearly 1.5 million visitors recorded in the five years since it opened.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment