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15-Jan-2015 08:18

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But its value to NATO has risen as Middle East states with anti-Western policies, such as Iran, have developed their missile capabilities.

Last November, NATO leaders approved a new mission statement for the Western military alliance, committing among other things to missile defense.

The closure of the Leamington, Ontario Heinz factory by mid-2014 will result in 740 job losses in the industrial and agricultural region of southwestern Ontario between London and Windsor, Ontario.

Over thirty tomato farms are losing contracts with Heinz which will also put 350 migrant worker jobs at risk.

Turkey is set to host a NATO early-warning radar system as part of the defenses of the Western military alliance, the foreign ministry said on Friday.

Turkey, which has NATO’s second largest military, has a geostrategic importance to the alliance dating back to its role as a front-line state in the Cold War era.

NATO’s Strategic Concept for the coming decade, approved at a summit in Lisbon, confirmed the North Atlantic Treaty Organisation’s core task of defending its territory and its commitment to the collective defense of its 28 members.

The foreign ministry spokesman said the alliance decided to develop a new defense system against a ballistic missile threat and that work on the project was reaching its final stages.

“Turkey’s hosting of this element will constitute our country’s contribution to the defense system being developed in the framework of NATO’s new strategic concept.

It will strengthen NATO’s defense capacity and our national defense system.” No further details were immediately available.

In recent years, Turkey has sought stronger ties with former members of the Soviet bloc, as well as fellow Muslim states in the Middle East, including Iran, to rebalance a foreign policy that had previously leaned heavily toward the West.

The closure announcement comes only five months after Heinz was purchased by the Berkshire Hathaway hedge fund, which is behind the wave of factory closures.

Warren Buffett, the world's fourth wealthiest person, is the CEO and largest shareholder of Berkshire Hathaway which took control of Heinz in June 2013.Buffett is the same billionaire who made headlines a few years ago by saying wealth inequality was a problem and that the rich should be taxed more.

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