Editorial & Advertiser disclosure

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Headlines

Published by Global Banking and Finance Review

Posted on October 30, 2025

Featured image for article about Headlines

VILNIUS (Reuters) -Lithuania’s Vilnius airport temporarily closed on Thursday due to weather balloons flying in its vicinity, the airport said in a post on Facebook, the sixth such incident this month.

Lithuania has said the balloons are sent by smugglers transporting contraband cigarettes, but it also blames Belarus President Alexander Lukashenko, a close ally of Russian President Vladimir Putin, for not stopping the practice.

“According to preliminary information, the decision to restrict the airspace was made due to a balloon (or balloons) flying in the direction of Vilnius Airport,” the airport said on Thursday.

Traffic at the capital airport was suspended until 2110 GMT, it added.

The Baltic nation has already closed its border crossings between Lithuania and Belarus for most travellers until the end of November in response to the airspace disruptions, and has said it plans to shoot down balloons.

Lukashenko said on Tuesday that the Lithuanian border closure was a “crazy scam” and he accused the West of fighting a hybrid war against Belarus and Russia that was ushering in a new era of barbed-wire division.

(Reporting by Andrius Sytas, writing by Stine Jacobsen, editing by Terje Solsvik)