UK Defence Investment in Scotland Secures £1.1bn Export Deals, Protects 500+ Jobs
The UK government's sustained defence investment in Scotland has secured significant export deals totaling £1.1 billion with the defence company Thales. This inward investment guarantees the creation and retention of over 500 jobs in Glasgow over the coming five years, highlighting the economic importance of defence manufacturing in the region. Thales’ UK optronics business, based in Glasgow, is a major economic player supporting nearly 2,300 jobs across its supply chain throughout Scotland and contributing upwards of £140 million to the country’s GDP annually. The firm’s success in landing export contracts reflects Scotland’s growing prominence in defence technology and manufacturing on... [Continue Reading]
360LiveNews | 17 Mar 2026 12:12
Nepal's New Government Pursues Balanced Diplomacy with India and China
The recently elected government of Nepal, led by Balendra Shah, is demonstrating a strategic pivot in its diplomatic approach, seeking to navigate relations with both India and China. This positioning was articulated through the campaign of the Rastriya Swatantra Party (RSP), which has committed to a policy of "balanced and dynamic diplomacy." Analysts have noted this approach aims to emphasize Nepal’s sovereignty, focusing on economic cooperation and cross-border connectivity, steering away from past perceptions of being a buffer state between its two larger neighbors. The RSP's electoral manifesto outlines intentions to transform Nepal into a "vibrant bridge" for regional interactions,... [Continue Reading]
