Dear readers!

The editorial board of the Arctic Century is happy to extend warm wishes for the Christmas season!

The year 2025 witnessed a series of significant occurrences and advancements throughout the Arctic region. As we reflect on this past year, let us recall some of these noteworthy events:

• The Casino Nation: Iceland is Seeking Investment is about the new Icelandic government committed to further privatizing the country’s banking sector, following the economic turmoil caused by the previous administration. Iceland, known as a “casino nation” due to its pre-2008 financial recklessness, aims to make its banking system more appealing to investors through increased private ownership.
• How Environmental Organisations Target Russia suggests that certain environmental organizations may be exploiting climate change concerns for ulterior motives, uncluding advancing questionable geoengineering projects, and damaging Russia’s reputation.
• Trump’s Tariffs Increase Unemployment in Finland
• Finland has expressed strong interest in rapidly constructing multiple icebreakers for the United States.
• Plus about Four Asian and European Nations Will Compete for Building Icebreakers for the U.S.
• The analysis peace advocates for maintaining the special status currently afforded to Arctic states within international frameworks concerning the region. This phrasing emphasizes the distinct position and privileges held by these nations due to their geographical location and historical involvement in Arctic affairs.
• Sami Parliament Of Norway Has No Role In The New Security Plan
• Given the growing geopolitical importance of the Arctic region within NATO’s long-term plans, there are concerns that Norway may leverage Svalbard for military purposes. Specifically, potential fortifications or increased militarization efforts on the archipelago, including year-round Coast Guard patrols, could violate the existing international legal framework governing Svalbard.

We extend our warmest wishes for a joyous holiday season and a New Year brimming with opportunities. May the spirit of Christmas bring you peace and contentment.