BankA bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Whereby banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities.
Government of ÅlandThe Landskapsregering is the government of Åland, an autonomous region of Finland. The government is led by a Lantråd, the premier of Åland, who is elected by the Lagting, the parliament of Åland. Government member parties since 2019: Åland Centre Party, Moderate Coalition for Åland, Non-aligned Coalition and the Sustainable Initiative.
Köppen climate classificationThe Köppen climate classification is one of the most widely used climate classification systems. It was first published by German-Russian climatologist Wladimir Köppen (1846–1940) in 1884, with several later modifications by Köppen, notably in 1918 and 1936. Later, German climatologist Rudolf Geiger (1894–1981) introduced some changes to the classification system, which is thus sometimes called the Köppen–Geiger climate classification.
Cruise shipCruise ships are large passenger ships used mainly for vacationing. Unlike ocean liners, which are used for transport, cruise ships typically embark on round-trip voyages to various ports of call, where passengers may go on tours known as "shore excursions". On "cruises to nowhere" or "nowhere voyages", some cruise ships make two- to three-night round trips without visiting any ports of call. Modern cruise ships tend to have less hull strength, speed, and agility compared to ocean liners.
Russian invasion of UkraineOn 24 February 2022, in an escalation of the Russo-Ukrainian War which began in 2014. The invasion has killed tens of thousands on both sides. Russian forces have been responsible for mass civilian casualties and for torturing captured Ukrainian soldiers. By June 2022, about 8 million Ukrainians had been internally displaced. More than 8.2 million had fled the country by May 2023, becoming Europe's largest refugee crisis since World War II. Extensive environmental damage, widely described as ecocide, contributed to food crises worldwide.
Gulf of FinlandThe Gulf of Finland (Soome laht; Suomenlahti; Фи́нский зали́в; Finska viken) is the easternmost arm of the Baltic Sea. It extends between Finland to the north and Estonia to the south, to Saint Petersburg in Russia to the east, where the river Neva drains into it. Other major cities around the gulf include Helsinki and Tallinn. The eastern parts of the Gulf of Finland belong to Russia, and some of Russia's most important oil harbors are located farthest in, near Saint Petersburg (including Primorsk).
