Clear News | Tuesday 16.6.2026

Iran-US agreement and economy. Patria and Valmet. Higher education. Weather.

Middle East and Economy

First, the economic impact on the Middle East.

The US and Iran have agreed to begin negotiations for a permanent peace.

Economists say the agreement could also return Finland’s economy to growth. The agreement could open the Strait of Hormuz to traffic again.

Iran closed the strait in March, severely disrupting global oil and cargo transport.

The economic effects of the agreement may also begin to be seen in Finland in the autumn. Government bond interest rates, energy prices and inflation may fall. Household interest rates may also fall.

Peace between the US and Iran could ease the economy around the world.

Patria and Valmet

Then from the defense industry.

Finnish arms manufacturer Patria is ordering several hundred armored vehicles from Valmet Automotive. They will be manufactured at the Uusikaupunki factory.

This is Patria’s 6-wheeled model, which is becoming significant in Europe.

Training in Uusikaupunki will begin in the autumn, and production will begin in full swing at the beginning of next year.

Valmet will begin calling back those who have been laid off in the fall.

Patria is ordering several hundred armored vehicles from Valmet. The project will employ approximately 240 people in Finland per hundred vehicles.

The figure also includes the subcontractor network that produces work and products for the client.

Higher education in Finland

Finally, some news about education.

The Ministry of Education and Culture wants to reform the degrees of universities of applied sciences. They want to make them Bachelor’s and Master’s-based.

Among other things, more study places are needed. Shorter degrees than currently available can be a route to higher education.

The Ministry of Education wants to reform degrees at universities of applied sciences.

(Minister of Science and Culture Mari-Leena Talvitie:)

- In the future, the goal is for 60 percent of the young adult age group to have a higher education.

Now the share is just under 40 percent, 9 percentage points lower than the average in developed countries.

The ministry’s plan states that society promises every Finn a free higher education degree.

Weather

Still a weather forecast.

It will rain and be windy on Wednesday.

It rains the most in the east.

The sun is shining on the west coast.

The temperature is 15 - 20 degrees.