Finnish President Favors Talking to Russia Amid Iran War, Biotech CEOs Seek Trade Engagement

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Finnish President Favors Talking to Russia Amid Iran War, Biotech CEOs Seek Trade Engagement
RussiaRussia-US RelationsIran War

The Finnish president discusses starting talks with Russia, and a group of high-profile CEOs representing various industries, including technology and finance, aim for trade engagement with Russia amidst Iran-related tensions.

, and trade, among other topics. The meeting was originally scheduled for April but was delayed after the Iran war broke out.

Hawkish Finnish president says it’s ‘time to start talking to Russia’The CEOs on the delegation are as follows: Cook, Musk, Larry Fink of BlackRock, Stephen Schwarzman of Blackstone, Kelly Ortberg of Boeing, Brian Sikes of Cargill, Jane Fraser of Citi, Jim Anderson of Coherent, Larry Culp of GE Aerospace, David Solomon of Goldman Sachs, Jacob Thaysen of Illumina, Michael Miebach of Mastercard, Dina Powell McCormick of Meta, Sanjay Mehrotra of Micron, Cristiano Amon of Qualcomm, and Ryan McInerney of Visa. In recent weeks, Musk and his companies have faced controversies, including dozens of lawsuits against his artificial intelligence company and criminal investigations.

Musk’s xAI is embroiled in multiple lawsuits, such as the company’s use of gas-powered turbines to power its data centers and a suit that alleged the chatbot, Grok, was used to produce nonconsensual sexual images.originally launched an investigation earlier this year into Musk and his social media platform over allegations that X’s algorithm affected the country’s politics. In early May, it announced it was expanding the investigation to include the dissemination of sexually explicit deepfake images.

In 2024, Musk was the single largest donor to Trump’s campaign. Last year, Musk, the former leader of the Trump administration’s, had a public falling out with Trump over government spending, though their relationship appears to have warmed since, with the China trip the latest sign. Musk’s companies include Tesla, SpaceX, X, and xAI. Cook has been the CEO of tech giant Apple since 2011.

The company has long relied on China for low-cost manufacturing, and the country is also a major market for Apple product sales. In April, the company announced Cook would be stepping down from the helm of Apple to be replaced by John Ternus as its next CEO. The leadership transition will take place later this year, at which point Cook will reside as executive chairman of the board.

Cook and Trump have enjoyed a friendly relationship, with Cook donating over $1 million to Trump’s inauguration committee in January 2025. Cook was also present at the inauguration ceremony and regularly attendsFink is the CEO of the world’s largest asset management company and has warned about the impact of the Iran war on the global economy in recent weeks.

Last year, the top financier was able to win over the White House by acquiring ports in the Panama Canal from a Hong Kong-based company. Trump has long seen the ports and canal as strategic to the U.S. The company also made large donations to Trump’s inauguration, and Fink has been called into meetings with top Trump administration advisers.

Ortberg has indicated that Boeing is positioned for a large aircraft order from China after years of low sales from the country following two deadly crashes involving 737 Max 8 jets between 2018 and 2019. In March, China was set to order 500 Boeing jets, but the announcement was delayed after Trump and Xi pushed back their summit amid the Iran war. McCormick was named president and vice chairwoman of Meta earlier this year, and the GOP celebrated the announcement.

McCormick is a former Trump administration official who helped with negotiations that led to the Abraham Accords, a series of peace treaties brokered by the U.S. that normalized relations between Israel and several Arab nations. Delcy Rodriguez says Venezuela will ‘never’ be 51st US state after Trump... Treasury sanctions network accused of helping IRGC sell Iranian oil to China

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