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.
Russia has called for clarification on whether U.S. President Donald Trump has changed his position on the war in Ukraine following remarks made at th...
The European Union and Taliban officials held talks in Brussels on Tuesday on consular services and the situation of Afghans whose asylum applications...
Israel's defence minister said on Wednesday Israeli troops will not withdraw from southern Lebanon, highlighting a hurdle to Iran-U.S. peace talks, as...
Iran is preparing for a week-long farewell to former Supreme Leader Ayatollah Seyed Ali Khamenei, who was killed in February during Israeli-U.S. air r...
China’s anti-corruption authorities have launched an investigation into Bian Zhigang, a senior defence and space official, over suspected serious vi...
A chaotic day of World Cup action saw Kylian Mbappé and Erling Haaland shine in high-scoring wins for France and Norway. Lionel Messi continued his record-breaking run as Argentina secured another commanding victory.
Lionel Messi matched the all-time World Cup scoring record as Argentina began their title defence with a 3-0 win over Algeria. Austria, France and Norway also secured opening victories in Group J and Group I matches on Tuesday.
The stepson of Norway's Crown Prince Haakon has been found guilty of two counts of rape as well as domestic violence and other crimes and is sentenced to four years in prison, an Oslo court ruled on Monday.
Norway is set to come under France’s nuclear umbrella, marking a significant shift in European security arrangements as concerns grow over the United States’ long-term commitment to the region.
Tehran has agreed to let the International Atomic Energy Agency (IAEA) recommence inspections of its nuclear programme, U.S. Vice President JD Vance has said. The U.S. and Iran have settled on a 60-day roadmap aimed at reaching a final deal, according to mediators Qatar and Pakistan.
A Ukrainian strike has damaged a school building in a Russian-controlled area of Ukraine’s Zaporizhzhia region, according to local authorities cited by the TASS news agency. No injuries were reported in the incident.
Israel's defence minister said on Wednesday Israeli troops will not withdraw from southern Lebanon, highlighting a hurdle to Iran-U.S. peace talks, as the top U.S. diplomat tours the Middle East to win over allies sceptical about a proposed deal.
U.S. President Donald Trump said that Iran had agreed to nuclear inspections into "infinity, despite Tehran's denials, and that unfrozen Iranian assets would be used to buy humanitarian supplies from the United States.
Authorities in France are reporting that about 20 people have died over the weekend while swimming in unsupervised areas of rivers, lakes and coastal waters as they tried to escape the heatwave.
Turkish President Recep Tayyip Erdoğan has said he will “most likely” hold bilateral talks with U.S. President Donald Trump during next month’s NATO summit in Ankara, where the American leader is expected to attend.
Russia has called for clarification on whether U.S. President Donald Trump has changed his position on the war in Ukraine following remarks made at the recent G7 summit in Evian-les-Bains.
The European Union and Taliban officials held talks in Brussels on Tuesday on consular services and the situation of Afghans whose asylum applications have been rejected in Europe.
China’s anti-corruption authorities have launched an investigation into Bian Zhigang, a senior defence and space official, over suspected serious violations of discipline and law, officials said on Wednesday.
Alibaba, one of the world's largest technology and e-commerce companies, has sued the U.S. Pentagon after being added to a blacklist of firms it claims support China's military, escalating a dispute with potentially significant consequences for the company.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment