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BUDAPEST, Hungary (AP) — With Turkey completing its ratification of Sweden's bid to join NATO, Hungary is the last member of the military alliance not to have given its approval. Orbán has long promised that Hungary wouldn't be the last NATO member to ratify Sweden's request to join the alliance. Yet Orbán's critics say that there is no such schism within his party, and that when it comes to Hungary's approval of Sweden's NATO membership, Orbán alone is in control. Hungary's opposition parties, which favor Sweden's membership in NATO, have made several attempts over the past year to schedule a vote on the matter. “Anybody who believed that it’s in the hands of the governing party lawmakers was seriously mistaken,” she said.

Persons: Viktor Orbán, Orbán, Hungary wouldn't, —, Agnes Vadai, parliament's, It’s, ”, he'd, Ulf Kristersson, Kristersson hasn't, Tobias Billström, Budapest hasn't, he’d, Jens Stoltenberg, Dorka, Kristersson, “, ” Vadai, Vladimir Putin, Vadai, Orbán's Organizations: —, Turkey, NATO, Central European, Fidesz, European Union, Democratic Coalition, Ministry of Defense, Hungary, Centre, Integration Locations: BUDAPEST, Hungary, Budapest, Sweden, Turkey, Stockholm, Swedish, Ukraine, NATO

☆ Ukraine war live updates: Turkey approves Sweden's NATO bid, putting pressure on Hungary; death toll rises in Russian strikes
▼ + stars: | 2024-01-24 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

Turkish lawmakers finally approved Sweden's NATO membership bid on Tuesday, clearing a major obstacle for the country to enter the military alliance after 20 months of delays. After decades of military nonalignment, Sweden and Finland applied to join NATO in May 2022, several months after Russia invaded Ukraine. After Ankara's decision to approve Sweden's entry to the defense bloc, Hungary is now the only NATO member yet to ratify Sweden's accession. NATO chief Jens Stoltenberg welcomed the Turkish parliament's decision yesterday, and called on Hungary to follow suit. In other news, Ukrainian President Volodymyr Zelenskyy said Russian missile strikes on major Ukrainian cities on Tuesday killed 18 people and injured more than 130.

Persons: Jens Stoltenberg, Volodymyr Zelenskyy Organizations: NATO, Sweden's, Turkish Locations: Sweden, Finland, Russia, Ukraine, Turkey, Hungary, Russian

☆ US Says It Is Looking Forward to Turkey Finalizing Sweden's NATO Process
▼ + stars: | 2024-01-24 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +2 min

By Humeyra PamukWASHINGTON (Reuters) - The United States on Wednesday welcomed the Turkish parliament's ratification of Sweden's NATO membership bid this week and urged Ankara to formally finalize the process. State Department deputy spokesperson Vedant Patel told a briefing that Washington was looking forward to Hungary, which has yet to approve Sweden's NATO bid, moving along in the process. Turkey's ratification of Sweden's NATO bid and the U.S. sale of F-16 fighter jets to Turkey have become linked over the past years. The Biden administration has said it supports the sale but kept urging Ankara to approve Sweden's NATO bid saying Congress might be connecting the two issues. When asked on Wednesday if the State Department would send the formal notification for the jets once Sweden's NATO process is fully formalized, Patel did not commit to a timeline.

Persons: Humeyra Pamuk, Vedant Patel, Washington, Tayyip, Erdogan, Patel, Biden, Blinken, I'm, Jasper Ward, Simon Lewis, Daphne Psaledakis, Alistair Bell Organizations: Wednesday, NATO, State Department, Finland's Locations: Humeyra Pamuk WASHINGTON, United States, Ankara, Hungary, Washington, Sweden, Finland, Turkey, U.S, NATO, Turkey's, Jasper

Here is a look at Sweden's complicated path toward NATO membership. Sweden has stayed out of military alliances for more than 200 years and long ruled out seeking NATO membership. But the Russian aggression caused a dramatic shift in both countries, with polls showing a surge in support for NATO membership. That leaves Hungary as the last hurdle for Sweden's NATO bid. Not surprisingly, Moscow reacted negatively to Sweden and Finland's decision to abandon nonalignment and seek NATO membership, and warned of unspecified countermeasures.

Persons: —, hasn’t, Nonalignment, Recep Tayyip Erdogan, Erdogan, Viktor Orbán, Ulf Kristersson, ” Organizations: STOCKHOLM, NATO —, Nordic, NATO, Kurdistan Workers ’ Party, Kremlin, Swedish, ALLIANCE, Finns, RUSSIA, nonalignment Locations: NATO, Hungary, Sweden, Ukraine, Finland, Russia, Baltic, U.S, Turkey, Turkish, Swedish, Kurdistan, Stockholm, Budapest, SWEDEN, St, Petersburg, Kaliningrad, Moscow, Northern Europe

☆ 10,000-year-old chewing gum is full of clues about what Stone Age teens were eating
▼ + stars: | 2024-01-24 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +3 min

Scientists extracted DNA from chewing gum used by teenagers almost 10,000 years ago. The gum provided clues into what the teenagers had eaten and their lifestyle. Stone Age teenagers' diets included hazelnuts, duck, deer, fox, and trout, the study said. AdvertisementDNA extracted from chewing gum used by teenagers almost 10,000 years ago has provided fascinating clues into their prehistoric diet. "She would probably start to lose her teeth shortly after chewing this gum.

Persons: —, Anders Götherström, Palaeogenetics, Götherström, Lisa Matisoo, Smith, Emrah Kırdök Organizations: Stone, Service, Guardian, Science News, University of Otago, Science Locations: Birch, Dunedin, Huseby

☆ Swedbank CEO sees tough spring for Swedish economy
▼ + stars: | 2024-01-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSwedbank CEO sees tough spring for Swedish economySwedbank CEO Jens Henriksson discusses the lender's fourth-quarter earnings and gives his outlook for Sweden's economy and central bank action.

Persons: Jens Henriksson

☆ Explainer-What Turkey Gained in Delaying Sweden's NATO Bid
▼ + stars: | 2024-01-23 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +4 min

Turkey ratified Finland's bid in April 2023 but, along with NATO member Hungary, has kept Sweden waiting. While Erdogan sent Sweden's NATO bid to Turkey's parliament for consideration last October, he openly linked the F-16s with its ultimate ratification. WHAT IS THE CURRENT STATE OF SWEDEN'S BID? Though Turkey was seen as the main hurdle, Hungary has also not ratified Sweden's bid. Hungary pledged not to be the last to ratify the bid, but its parliament is in recess until around mid-February.

Persons: Huseyin Hayatsever, Jonathan Spicer ANKARA, Tayyip Erdogan, Erdogan, Gunnar Strommer, Jens Stoltenberg, Thomas Goffus, Viktor Orban, Timothy Heritage Organizations: NATO, Ankara, Kurdistan Workers ' Party, European Union, Canada, U.S . Congress, Eurofighter Locations: Sweden, Finland, Ukraine, Turkey, Hungary, Stockholm, Helsinki, Washington, SWEDEN, FINLAND, Madrid, Kurdistan, Ankara, United States, Netherlands, SWEDEN'S

☆ Turkey’s parliament approves Sweden’s NATO membership, lifting key a hurdle
▼ + stars: | 2024-01-23 | by ( ) www.cnbc.com time to read: +5 min

Turkish legislators on Tuesday endorsed Sweden's membership in NATO, lifting a major hurdle on the previously nonaligned country's entry into the military alliance. The legislators ratified Sweden's accession protocol by 287 votes to 55, with four abstentions. Hungary then becomes the only NATO ally not to have ratified Sweden's accession. Turkey's main opposition party also supported Sweden's membership in the alliance but a center-right party and the country's pro-Kurdish party declared they would oppose it. U.S. President Joe Biden's administration never formally tied the sale of the F-16s to Turkey's ratification of Sweden's NATO membership.

Persons: Tayyip Erdogan, Ulf Kristersson, Jens Stoltenberg, Sweden's, Recep Tayyip Erdogan, Burak Akcapar, Erdogan, Koray Aydin, Joe Biden's, John Kirby, Viktor Orbán Organizations: Swedish, NATO, Official Gazette, Ankara, Kurdistan Workers ' Party, Good Party, U.S . Congress, Administration, Turkey, National Security, Nordic Locations: Vilnius, Hungary, Turkey, Ankara, Stockholm, Kurdistan, Sweden, Turkey's, Canada, Washington, NATO, Finland, Ukraine, Budapest

BUDAPEST, Hungary (AP) — Hungarian Prime Minister Viktor Orbán sent a letter to his Swedish counterpart, Ulf Kristersson, inviting him to Budapest to discuss Sweden's accession into the NATO military alliance, Orbán wrote Tuesday in a post on X, formerly known as Twitter. The invitation comes as Hungary and Turkey remain the only NATO members not to have ratified Sweden's bid to join the alliance. Turkish President Recep Tayyip Erdogan lifted his opposition to Sweden's membership last year in response to efforts by Stockholm to tackle supporters of Kurdish militants and other groups in Sweden that Ankara views as security threats. Erdogan has also openly linked Sweden’s NATO membership to Ankara’s efforts to purchase U.S.-made F-16 fighter jets, and has called on Canada and other NATO allies to lift arms embargoes on Turkey. Sweden and Finland abandoned their decades-long neutrality and sought membership in NATO amid heightened security concerns following Russia’s invasion of Ukraine in February 2022.

Persons: Viktor Orbán, Ulf Kristersson, Orbán, Vladimir Putin, Recep Tayyip Erdogan, Erdogan Organizations: NATO, Twitter, Sweden's, Nordic, Fidesz Locations: BUDAPEST, Hungary, Hungarian, Budapest, Turkey, Ankara, Ukraine, Orbán, Turkish, Stockholm, Sweden, Canada, Finland

☆ Morgan Stanley likes biopharma as a defensive play — giving one stock 119% upside
▼ + stars: | 2024-01-22 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

The biopharmaceutical sector is expected to offer a safe haven from macroeconomic and earnings concerns ahead of final quarterly results from companies, according to Morgan Stanley. Morgan Stanley, however, cautioned that the outlook for drug pricing reform in the U.S. poses risks for the sector. Shares of Indivior , argenx , AstraZeneca , Merck , Lonza, Sweden's Sobi, Novo Nordisk and Sandoz Group were among those listed by Morgan Stanley with a "buy" rating. In a bull case where Sublocade hits $2.2 billion in sales by 2030, Morgan Stanley sees shares rising further to 3,500 British pence. Novo Nordisk Shares of Novo Nordisk , a leader in diabetes and obesity drugs, offer a 9.4% upside, according to Morgan Stanley.

Persons: Morgan Stanley, Mark D Purcell, Sweden's, Sublocade, Thibault Boutherin, Morgan, — CNBC's Michael Bloom Organizations: Barclays, Bank of America, AstraZeneca, Merck, Lonza, Novo Nordisk, Sandoz Group, AstraZeneca AstraZeneca, British pharma, EU Locations: U.S, argenx, Novo, Indivior

☆ Turkish Parliament to Debate Sweden's NATO Bid on Tuesday -Sources
▼ + stars: | 2024-01-22 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +2 min

By Huseyin HayatseverANKARA (Reuters) - The Turkish parliament's general assembly is set to debate Sweden's NATO membership bid on Tuesday, three sources from parliament said. But NATO member Turkey raised objections over what it said was the two countries' protection of groups that Ankara deems terrorists. Erdogan sent Sweden's bid to parliament in October, but has also linked its ratification with U.S. approval of sales of F-16 fighter jets to Turkey. After talks with Turkish Foreign Minister Hakan Fidan earlier this month, U.S. Secretary of State Antony Blinken said he expected Turkey to ratify Sweden's NATO membership bid "in coming weeks." The parliament's foreign affairs commission approved the bid last month in the first step of the ratification process.

Persons: Huseyin Hayatsever, Tayyip Erdogan, Erdogan, Sweden's, Hakan Fidan, Antony Blinken, Christina Fincher Organizations: Turkish, NATO, Finland's, Kurdistan Workers ' Party, European Union, White House, U.S, Congress, Erdogan's AK Party, CHP Locations: Huseyin Hayatsever ANKARA, Sweden, Finland, Ukraine, Turkey, Ankara, Hungary, United States, Stockholm, Canada, Netherlands

☆ NATO Accession Looks to Be 'Not a Priority' for Sweden, Hungary Says
▼ + stars: | 2024-01-18 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +2 min

BUDAPEST (Reuters) - Sweden has not done anything to boost confidence in its suitability for NATO membership, and has given the impression that joining the alliance is not a priority for the country, an aide to Hungary's prime minister said on Thursday. Sweden applied to join the North Atlantic Treaty Organization in May 2022 following Russia's invasion of Ukraine but the accession process, which requires the approval of all existing members, has been held up by Turkey and Hungary. Gulyas suggested that Sweden's foreign minister or prime minister should "get in touch and ask what concerns the Hungarian parliament has" about Sweden's NATO accession. Replying to a reporter's question, he said Hungary wanted to avoid being the last country to ratify Sweden's NATO accession, but "we will probably not manage to do so without Sweden's help. The Turkish parliament's general assembly may debate Sweden's NATO membership bid in the coming weeks, the ruling AK Party's parliamentary group chairman said last week.

Persons: Viktor Orban's, Gulyas, Gergely Szakacs, Anita Komuves, Marie, Alex Richardson Organizations: NATO, Atlantic Treaty Organization, Nordic, Turkish, AK, Marie Mannes Locations: BUDAPEST, Sweden, Ukraine, Turkey, Hungary, Swedish, Moscow, Budapest, Stockholm

Johnson’s 29 on the front nine was the lowest nine-hole score in his 493 career PGA Tour starts, and he needed only 10 putts to do it. “La Quinta Country Club is legitimately one of the purest places we play on the PGA Tour year-in, year-out,” Johnson said. The 41-year-old 10-time European Tour winner is still seeking his first PGA Tour title. This course is beautiful.”Hoey — the Philippines-born, Rancho-Cucamonga-raised product of USC — excelled in his fourth PGA Tour start. Hoey is among the 30 American Express participants who earned their PGA Tour cards from last year's Korn Ferry Tour.

Persons: — Zach Johnson, Johnson, Sweden's Alex Noren, “, ” Johnson, I’ve, outdid, Rico Hoey, Christiaan Bezuidenhout, Patrick Cantlay, Xander Schauffele, Justin Thomas, Australia's Min Woo Lee, Si Woo Kim, ” Noren, ” Hoey, USC —, Hoey, Korn, ”, ” Thomas, hasn't, Scottie Scheffler, Rickie Fowler, Wyndham Clark, Bob Hope, ___ Organizations: Ryder, American Express, La Quinta Country, Quinta Country, PGA, USC, Southern California, Nicklaus, Quinta Locations: QUINTA, Calif, U.S, Coachella, Quinta, Philippines, Rancho, Cucamonga, Palm

PRAGUE (AP) — František Janouch, a Czech nuclear physicist who set up a foundation in Sweden while in exile to support the dissident movement in his communist homeland at the time, has died. The Charter 77 Foundation said Janouch died on Friday morning in Sweden's capital, Stockholm, where he had lived since the 1970s. Born on Sept. 22, 1931 in the town of Lysa nad Labem near Prague, Janouch studied nuclear physics at Charles University in Prague and at universities in Moscow and St. Petersburg in the then Soviet Union. Political Cartoons View All 253 ImagesAt the invitation of the Royal Swedish Academy of Sciences, he moved to Sweden in 1974. “František Janouch contributed significantly to the return of freedom to our country,” Prime Minister Petr Fiala said.

Persons: Janouch, Václav Havel, Havel, “ František Janouch, Petr Fiala Organizations: Charles University, Nuclear Physics Institute, Czechoslovak Academy of Sciences, Royal Swedish Academy of Sciences Locations: PRAGUE, Czech, Sweden, Sweden's, Stockholm, Lysa nad Labem, Prague, Moscow, St, Petersburg, Soviet Union, Soviet, Czechoslovakia, Swedish

COPENHAGEN, Denmark (AP) — The labor conflict against Tesla in Sweden is spreading to neighboring Denmark where transport workers with the country’s largest trade union said Tuesday they will take action in solidarity with Swedish workers against the Texas-based automaker. Tesla is non-unionized globally, but the Swedish workers are demanding that the carmaker sign a collective bargaining agreement, which most employees in Sweden have. “Concretely, this means that dock workers and drivers will not receive and transport Tesla’s cars going to Sweden,” 3F said in a statement. Swedish mechanics stopped servicing Tesla cars and several unions, including postal workers, have joined in a wave of solidarity with IF Metall’s demands. Dockworkers at Sweden’s four largest ports also stopped the delivery of Tesla vehicles to put more pressure on the automaker.

Persons: Tesla, ”, ” Jakob Lykke, ” Lykke, Jan Villadsen, ” Villadsen, Dockworkers, Elon Musk Organizations: Tesla, The United Federation of Workers, IF Metall, IF Metall’s, Sweden’s Transport Agency Locations: COPENHAGEN, Denmark, Sweden, Texas, Esbjerg, Denmark’s, Danish, Swedish, Scandinavian

☆ Danish dockworkers join Swedish strike action against Tesla
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: +1 min

A view shows the ship Malacca Highway at shore as port workers are blocking the loading of Tesla vehicles, in Malmo, Sweden, November 7, 2023. Johan Nilsson/TT News Agency/via REUTERS/File Photo Acquire Licensing RightsHELSINKI, Dec 5 (Reuters) - Denmark's 3F labour union said on Tuesday it will support Swedish mechanics in their strike action against Tesla (TSLA.O), and will refuse to unload or transport cars made by the U.S. auto company for customers in Sweden. "Like the companies, the trade union movement is global in the fight to protect workers," 3F Chair Jan Villadsen said in a statement, adding that Sweden's IF Metall union had asked 3F to help. The strike by Danish dockworkers and lorry drivers only affects cars that are meant for the Swedish market, the union said. Swedish labour groups have been taking industrial action against Tesla since October in a bid to force the car manufacturer to sign collective bargaining agreements with mechanics.

Persons: Johan Nilsson, Jan Villadsen, Tesla, Essi Lehto, Terje Solsvik Organizations: TT, Agency, Rights, U.S, IF Metall, Thomson Locations: Malacca, Malmo, Sweden, Swedish, Danish

☆ Elon Musk called Tesla's Sweden strike 'insane' — now it's spreading to Denmark
▼ + stars: | 2023-12-05 | by ( Tom Carter | ) www.businessinsider.com time to read: +2 min

Tesla faces a wave of strikes in Sweden, with unions calling for better pay and benefits. Elon Musk called the strikes, which have disrupted deliveries, "insane" in a post on X. Now they are spreading to Denmark, with Danish dockworkers also refusing to unload Tesla's EVs. AdvertisementTesla is embroiled in a growing battle with unions in Europe after the wave of strikes impacting the company in Sweden spread to Denmark. AdvertisementNine other Swedish unions have joined the strike in solidarity, with dockworkers refusing to unload Tesla's cars at ports and electricians refusing to repair the company's charging stations .

Persons: Tesla, Elon Musk, Danish dockworkers, —, Jan Villadsen Organizations: Danish, Service, Reuters, Sweden's Transport Agency, Denmark aren't, United Auto Workers, UAW, Business Locations: Sweden, Denmark, Europe, Danish, Swedish, Sweden's

☆ US Envoy Slams Hungarian Govt for 'Disregarding' Interests of NATO Allies
▼ + stars: | 2023-12-05 | by ( Dec. | At P.M. | ) www.usnews.com time to read: +2 min

BUDAPEST (Reuters) - The U.S. envoy to Budapest sharply criticised the Hungarian government on Tuesday for "disregarding" the interests of its NATO allies and strengthening ties with Russia at a time when its allies are isolating it. In a speech at AmCham to U.S. companies that have invested in Hungary, Ambassador David Pressman said Hungary has thrived as a member of the European Union and NATO, allowing companies run successful businesses in the Central European country that joined the EU in 2004. "Yet today, we are increasingly seeing an Ally that relies upon its NATO Allies, but feels comfortable disregarding the interests of those same Allies and our Alliance, including during a time of war in Europe," Pressman said. Sweden's NATO membership is pending ratification byTurkey and Hungary. Budapest opposes Russia's invasion of Ukraine, but Orban has kept up close relations with Moscow - partly due to Hungary's continued energy dependence on Russia.

Persons: David Pressman, Ally, Pressman, Vladimir, Putin, Viktor Orban's, Orban, Orban's, Krisztina, Marguerita Choy Organizations: U.S, NATO, European Union, Central European, EU, NATO Allies, Alliance Locations: BUDAPEST, Budapest, Russia, AmCham, U.S, Hungary, Europe, Ukraine, Washington, Moscow, Turkey

Yet labour markets are softening, the euro zone faces recession and China's property sector is in crisis. Here's what some closely-watched market indicators say about global recession risks:1/ AMERICAN EXCEPTIONALISM? Britain's economy avoided the start of a recession in the third quarter but still failed to grow. Economists broadly expect the global economy to slow next year but avoid a recession. If supply shocks resulting from the Israel-Hamas war become severe enough to push Brent crude to $150, a level it has never breached, a "mild and fleeting" global recession could result, Oxford Economics reckons.

Persons: Brendan McDermid, Guy Miller, COVID, Zurich Insurance's Miller, Torsten Slok, Austria's, David Katimbo, We've, Brent, Yoruk Bahceli, Dhara Ranasinghe, Naomi Rovnick, Alexandra Hudson Organizations: Wall, REUTERS, Zurich Insurance, Reuters, Traders, U.S . Federal Reserve, ECB, Apollo Global Management, P, Sweden's SBB, HK, Bank of England, Business insolvencies, EdenTree Investment Management, Oxford Economics reckons, Reuters Graphics Reuters, Alexandra Hudson Our, Thomson Locations: New York, U.S, China, Zurich, England, Wales, Europe, Israel

☆ Swedish property firms should cut debt, raise equity, Riksbank chief says
▼ + stars: | 2023-12-01 | by ( ) www.reuters.com time to read: +3 min

Commercial property companies ramped up borrowing when rates were low and some are now struggling to pay off or roll-over debt after eight interest rate hikes by the central bank. Thedeen said many companies in the commercial real estate sector needed to restructure their balance sheets. Even if rates have peaked, problems for the commercial real estate sector are not over. Short-dated debt and large refunding needs mean "the Swedish property sector has more risk" than in other European countries, Maria Gillholm, senior credit officer at Moody's, said. The commercial real estate sector triggered a financial crisis in Sweden in the early 1990s and authorities have said it is once again the biggest risk to financial stability.

Persons: Erik Thedeen, Jonas Ekstromer, Thedeen, It's, Riksbank, Moody's, Maria Gillholm, Simon Johnson, Terje Solsvik, Essi Lehto, Susan Fenton Organizations: TT, Agency, Rights, Moody's, Thomson Locations: Stockholm, Sweden, Swedish, Europe

"It is hard to understand how the ECB ended up buying the bonds of property companies, while at the same time warning of the risks of property price inflation," former ECB chief economist Otmar Issing told Reuters. But data this week shows the central bank still owned the two bonds issued by SBB as of Nov. 24. While Sweden is not in the euro zone, SBB issued the debt bought by the ECB in neighbouring Finland, which is. Alongside the SBB bonds, the ECB also hoovered up the debt of other property companies which have since hit problems, including Sweden's Heimstaden. The ECB also gobbled up many German real estate bonds, including 39 issued by Vonovia, which has been selling property to cut debt.

Persons: Otmar Issing, Daniel Gros, Gros, Sweden's, Heimstaden, it's, Alexander Smith Organizations: SBB, European Central Bank, ECB, Reuters, Research, Institute, European, Bocconi University, Fitch, Vonovia, Thomson Locations: FRANKFURT, Europe, Germany, Sweden, Milan, Swedish, Finland

☆ Sweden expects Turkey to approve its NATO membership 'within weeks'
▼ + stars: | 2023-11-30 | by ( Silvia Amaro | ) www.cnbc.com time to read: +1 min

BRUSSELS — Sweden expects Turkey to approve its NATO membership "within weeks," the country's foreign affairs minister told CNBC after a months-long impasse over Stockholm's future within the alliance. Sweden sent a formal application to join NATO back in May 2022, alongside Finland. The latter became an official member in April 2023, but Sweden has been kept waiting by member nations Hungary and Turkey. During a NATO summit in July, Turkey's President Recep Tayyip Erdogan agreed to let Sweden into the alliance. "I had a bilateral with my colleague the foreign minister of Turkey, Hakan Fidan, where he told me he expects the ratification to take place within weeks," Swedish Minister for Foreign Affairs Tobias Billström said Wednesday in Brussels.

Persons: Recep Tayyip Erdoğan, Ulf Kristersson, Jens Stoltenberg, Hungary's, Recep Tayyip Erdogan, Hakan Fidan, Tobias Billström, Billström Organizations: Swedish, NATO, BRUSSELS —, CNBC, Kurdistan Workers Party, Foreign Locations: Vilnius, BRUSSELS, BRUSSELS — Sweden, Turkey, Sweden, Finland, Hungary, Turkish, Brussels

☆ Ukraine's new long-range rocket delivery from US pushed to next year
▼ + stars: | 2023-11-30 | by ( Mike Stone | ) www.reuters.com time to read: +2 min

It was reported by Politico in February that delivery wouldn't take place until later in 2023. Ukraine needs GLSDB to augment the limited number of 100-mile range ATACMS rockets the U.S. has sent. Because the contract to begin production of GLSDB was signed in March, according to a Pentagon statement to Reuters, delivery was forced towards year-end. The decision to send the long-range rocket, something the U.S. government hasn't purchased for itself, followed a proposal last summer from Boeing Co (BA.N) to U.S. commanders in Europe managing weapons for Ukraine. GLSDB is made jointly by Sweden's SAAB AB (SAABb.ST) and Boeing Co (BA.N).

Persons: GLSDB, hasn't, Mike Stone, Chizu Organizations: Pentagon, Boeing, Reuters, Politico, Mobility Artillery, Boeing Co, U.S, Sweden's SAAB, Thomson Locations: Ukraine, U.S, Russia, Europe, Washington

☆ Sweden expects Hungary and Turkey to approve its NATO accession
▼ + stars: | 2023-11-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSweden expects Hungary and Turkey to approve its NATO accessionSwedish Foreign Minister Tobias Billstrom told CNBC on Wednesday that Hungary's foreign minister had promised that his country would not be the last nation to ratify Sweden's accession to NATO.

Persons: Tobias Billstrom Organizations: NATO, Swedish, CNBC Locations: Hungary, Turkey

☆ Turkey Expects to Ratify Sweden Accession to NATO 'Within Weeks', Swedish Minister Says
▼ + stars: | 2023-11-29 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +1 min

BRUSSELS (Reuters) - Turkey has said it expects to ratify Sweden's long-delayed accession to NATO within weeks, Sweden's foreign minister told journalists on Wednesday. But Tayyip Erdogan, president of NATO member Turkey, raised objections over what he said was the countries' protection of groups that Ankara deems terrorists. Some in the Western defence bloc had hoped Sweden's ratification would be completed by now for an accession ceremony to take place on the sidelines of the Brussels meeting. "The Turkish foreign minister (Hakan Fidan) didn't present a date but said 'within weeks'. He expected the ratification of Sweden's NATO protocol to be made within weeks.

Persons: Tayyip Erdogan, Finland's, Tobias Billstrom, Hakan Fidan, Billstrom, Ingrid Melander, Benoit Van Overstraeten, Andrew Heavens Organizations: NATO, Kurdistan Workers, European Union Locations: BRUSSELS, Turkey, Sweden, Finland, Ukraine, Ankara, United States, Stockholm, Brussels, Turkish

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