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The Cost of War

Canadian CF-18 taking off during exercise Arctic Edge 2026.

Dear reader. While the effects of Trump's war in the Middle East can be felt all the way up to the North, Arctic allies are practicing the defense of the High North. Here is the latest news from the Arctic.

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This newsletter comes to you from the warmth of the Atlantic Ocean, more specifically, the Spanish holiday island of Gran Canaria. Here, as in the High North, Trump's war and trade war are hot topics. Among other things, Trump's threat to cut all trade with Spain could have serious consequences for the Spanish Canary Islands. 

Trump's war in Iran has, together with Russia's full-scale war in Ukraine, sent the fossil fuel market into an even more uncertain future. 

In February, the European Union imported 100% of available Russian Yamal LNG, while Moscow warns it may redirect shipments to Asia after an attack on an LNG tanker. 

Fuel prices have gone sky-high since the attacks in the Middle East, which could have consequences for the seafood industry in the North. (Norwegian only) 

Trump also serves as the inspiration for this week's commentary from Commentator Arne O. Holm, who sheds light on those who wanted us to believe that US institutions would save the world from Donald Trump. 

“A sort of trump card to take the edge off statements saying that the US had a running start away from democracy and into a sort of autocracy.” 

Joint defense 

While the great powers are fighting on separate continents, this winter's major military exercise in the North has kicked off. Here is an overview of Cold Response. 

The fact that Canada’s Prime Minister Mark Carney will travel to Northern Norway and the exercise for the first time since taking office says something about the need to strengthen collective defence and security.

Also, the annual and multinational military exercise Arctic Edge 2026 is currently taking place, spanning Alaska and Greenland, reflecting growing concern that future threats to North America could approach from the High North. 

And not least, Wednesday night, Arctic football team Bodø/Glimt played brilliantly with a 3-0 wing against Sporting Clube de Portugal in yet another sensational Champions League match in a soaking wet Aspmyra stadium in Bodø, Northern Norway.  Off course HNNs Hilde Bye was there.

Read about all this and more at High North News. Feel free to share the newsletter with other interested parties. 

Sunny greetings from Editor-in-Chief Trine Jonassen

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