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The deal, which is expected to be announced at the COP28 climate talks in Dubai beginning on Nov. 30, will lay out a plan to close the country's two coal power plants and replace them with 1.7 gigawatts of renewable energy. "Coal in North Macedonia represents 40% of the energy source, so it's very big, it's very important," EBRD President Odile Renaud-Basso told Reuters. Both of its coal-fired plants are ageing, outdated and run on lignite, the most polluting type of coal. An IFC spokesperson said the green transition, including in North Macedonia, was one of its key priorities, but that it was not in a position to confirm any plan details. North Macedonia joined the Powering Past Coal Alliance, a group of countries committed to phasing out coal-fired power, in 2021.
Persons: Odile Renaud, Basso, REK, Renaud, Kate Abnett, Kirsten Donovan Organizations: European Bank for Reconstruction, World Bank, Reuters, Investment, United Nations, Investment Funds, International Finance Corporation, IFC, Bank, Past Coal Alliance, Union, Thomson Locations: Dubai, wean, Macedonia, North Macedonia, South Africa, Indonesia, Vietnam, Senegal, North, Skopje, Europe, Macedonian, Ukraine
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. Dockworkers joined the strike by mechanics on Nov. 7, blocking Sweden's four largest ports to Tesla cars. So far, unions in the United States and Germany have failed to force the company to accept collective bargaining agreements. In addition to dockworkers, unionised cleaners are refusing to clean Tesla buildings and postal workers have stopped delivering mail. In the 1990s, American toy company Toys "R" Us signed a collective bargaining agreement with its 130 Swedish employees after a three month strike.
Persons: Johan Nilsson, Tesla, Elon Musk, Dockworkers, Musk, Torbjorn Johansson, Norway's Fellesforbundet, Marie Mannes, Louise Rasmussen, Johan Ahlander, Johannes Birkebaek, Simon Johnson, Mark Potter Organizations: TT, Agency, Rights, U.S, Swedish, IF Metall, Hydro Extrusions, Hydro, Thomson Locations: Malacca, Malmo, Sweden, Rights STOCKHOLM, Dockworkers, United States, Germany, American
The deal, which is expected to be announced at the COP28 climate talks in Dubai beginning on Nov. 30, will lay out a plan to close the country's two coal power plants and replace them with 1.7 gigawatts of renewable energy. "Coal in North Macedonia represents 40% of the energy source, so it's very big, it's very important," EBRD President Odile Renaud-Basso told Reuters. Both of its coal-fired plants are ageing, outdated and run on lignite, the most polluting type of coal. An IFC spokesperson said the green transition, including in North Macedonia, was one of its key priorities, but that it was not in a position to confirm any plan details. North Macedonia joined the Powering Past Coal Alliance, a group of countries committed to phasing out coal-fired power, in 2021.
Persons: Odile Renaud, Basso, REK, Renaud, Kate Abnett, Kirsten Donovan Organizations: European Bank for Reconstruction, World Bank, Reuters, Investment, United Nations, Investment Funds, International Finance Corporation, IFC, Bank, Past Coal Alliance, Union, Thomson Locations: Dubai, wean, Macedonia, North Macedonia, South Africa, Indonesia, Vietnam, Senegal, North, Skopje, Europe, Macedonian, Ukraine
By 2045 the government wants to have the equivalent of 10 new reactors, some of which are likely to be small modular reactors (SMRs), smaller than conventional reactors. Energy Minister Ebba Busch said the government was planning a "massive build out" of new nuclear power by 2045. "It's decisive for the green transition, for Swedish jobs and at heart for the welfare of our citizens," she told reporters. Countries like Poland, the Czech Republic, and Britain are looking at expanding nuclear power as societies transition to a fossil-fuel free future. Sweden voted to get rid of nuclear power in 1980, and has only six of an original 12 reactors still in production.
Persons: Tom Little, Ebba Busch, Elisabeth Svantesson, Busch, Finland's, Germany's Uniper, Simon Johnson, Chizu Nomiyama, Elaine Hardcastle Organizations: Rights, Energy, EDF, Thomson Locations: Swedish, Stockholm, Sweden, Rights STOCKHOLM, Poland, Czech Republic, Britain
Listen and follow The DailyApple Podcasts | Spotify | Amazon MusicA little over a year ago, at President Biden’s urging, congressional democrats passed a sweeping plan to supercharge the production and sale of electric vehicles. Jim Tankersley, who covers economic policy for The Times, explains whether the law is actually working.
Persons: Biden’s, Jim Tankersley Organizations: Spotify, The Times
A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. "We need to build a funding model for green tech companies," Chuka Umunna, JP Morgan's (JPM.N) head of EMEA ESG and green economy investment banking, told the Reuters Energy Transition Europe 2023 event in London. This was partly because of the capital requirements for some green tech firms in early stages of development, he said. Investment into green tech was also being stymied by bureaucracy, including delays to permitting for the infrastructure needed for renewable energy and other projects. Umunna also said a shift to a greener, lower-carbon economy offered up a huge opportunity for banks such as JP Morgan.
Persons: Morgan Chase, Mike Segar, Morgan, Umunna, JP Morgan's, JP Morgan, Simon Jessop, Tommy Reggiori Wilkes, David Goodman, Alexander Smith Organizations: Co, New York City, REUTERS, EMEA, Reuters, Capital, British, Investment, Thomson Locations: New York, London, Europe
Sustainability-linked loans (SLL), which were first used in 2017, offer slightly cheaper borrowing, typically around 2.5-10 basis points less, if companies meet goals such as cutting their carbon emissions or improving board diversity. These let banks strip the sustainability-linked label from the loans if targets are no longer deemed appropriate. The banks' tougher standards are discouraging some borrowers from using SLLs entirely, bankers and lawyers told Reuters. The Engie spokesman said the utility would not agree to linking an event of default to sustainability targets. "We have stated our willingness to walk away when sustainability targets were too soft," said Brittany Agostino, vice president in the environmental, social and governance group at Los Angeles-based Ares.
Persons: Toby Melville, Banks, Constance Chalchat, Pascale Forde Maurice, Elliot Beard, Simmons, Beard, I've, David Milligan, Norton Rose Fulbright, Gemma Lawrence, Pardew, Brittany Agostino, Fredrik Altmann, Tommy Reggiori Wilkes, Isla Binnie, Shankar Ramakrishnan, Simon Jessop, Alexander Smith Organizations: FCA, Financial, Authority, REUTERS, LONDON, BNP, Corporate, Institutional Banking, Reuters, JPMorgan, Ford Motors, SLLs, CIB's, European, Sustainable Investment Banking, Simmons, Norton Rose, Market Association, BMW, Porsche, Thomson Locations: London, Britain, North America, Asia, Los Angeles, New York
REUTERS/Hannah McKay/File Photo Acquire Licensing RightsLONDON, Nov 9 (Reuters) - Britain's Financial Services Compensation Scheme (FSCS) has forecast imposing a levy of 415 million pounds ($510 million) against UK financial firms to fund 2024/25 claims for redress from customers suffering poor advice and insurance provider failures. This indicative figure is higher than for 2023/24, primarily due to larger surpluses that were carried over from the 2022/23 financial year which reduced the 2023/24 levy to 270 million pounds, the FSCS said. The levy is likely to include cover on self-invested personal pension (SIPP) operator failure claims and pay-outs for insurance firm failures that occurred in previous financial years, it added. "FSCS directly contributes to trust and stability in our financial services system and makes a genuine difference to consumers' lives," Martyn Beauchamp, Interim Chief Executive of FSCS said in a statement. Most of our compensation continues to be paid out for poor financial advice and for legacy insurance provider failures - both of which include some of the most complex defaults and claims we handle," he added.
Persons: Hannah McKay, Martyn Beauchamp, FSCS, Sinead Cruise, Simon Jessop Organizations: REUTERS, Britain's, Interim, Thomson Locations: Bishopsgate, London, Britain
A damaged Balticconnector gas pipeline that connects Finland and Estonia is pictured in this undated handout picture in the Baltic Sea. "They (China) have promised full cooperation and we trust it," Finnish Foreign Minister Elina Valtonen told Reuters on the sidelines of a news conference in Helsinki. Two telecoms cables linking Estonia to Finland and Sweden were damaged on the same night between Oct.7-8, authorities said last month, and Russia's Rostelecom (RTKM.MM) on Tuesday revealed that one of its fibre optic cables had also been hit. Data from shipping intelligence firm MarineTraffic, reviewed by Reuters, showed that the NewNew Polar Bear passed over the pipeline and the telecoms cables in the space of less than nine hours. NewNew Shipping, the owner and operator of the NewNew Polar Bear, has previously declined to comment when contacted by Reuters.
Persons: China, Elina Valtonen, Russia's, Valtonen, Anne Kauranen, Simon Johnson, Anna Ringstrom, Terje Solsvik, Christina Fincher Organizations: Finnish Border Guard, REUTERS, Rights, Wednesday, Hong, Reuters, NewNew Shipping, Thomson Locations: Finland, Estonia, Baltic, Hong Kong, China, Helsinki, Sweden, Russia, Moscow, Ukraine, Stockholm
HELSINKI (Reuters) - Finland has informed Russia about its investigation into the damage on Oct. 7 to the subsea Balticconnector gas pipeline between Estonia and Finland, the Finnish foreign minister said on Wednesday. Foreign Minister Elina Valtonen told a news conference Russia has not asked for Finland's help in investigating the damage to a Russian telecommunications cable that happened on the same night. The anchor was later found near the pipeline and was retrieved by Finnish investigators. Investigators have yet to establish who was responsible for blowing up Russia's Nord Stream gas pipelines under the Baltic last year. (Reporting by Anne Kauranen and Simon Johnson, writing by Anna Ringstrom, editing by Terje Solsvik)
Persons: Elina Valtonen, Anne Kauranen, Simon Johnson, Anna Ringstrom, Terje Solsvik Organizations: Rostelecom, Hong Locations: HELSINKI, Finland, Russia, Estonia, Russian, St . Petersburg, Russia's Kaliningrad, Hong Kong, Ukraine, Baltic
Of those to set a target, just 37% had one that covered their Scope 3 emissions, or those tied to a company's value chain. "A clear line in the sand on net zero has surfaced. Countless net zero targets are credibility light, but now we can say for certain that most of the world's largest listed companies are on the right side of the line on net zero intent," said John Lang, Project Lead, the Net Zero Tracker. As well as companies, the Net Zero Tracker tracks pledges made by nations, states and regions, and cities using machine and human data analysis. Alongside Oxford Net Zero, the consortium includes The Energy & Climate Intelligence Unit (ECIU); Data-Driven EnviroLab (UNC) and the NewClimate Institute.
Persons: Wolfgang Rattay, John Lang, Simon Jessop, Mark Potter Organizations: REUTERS, Nations, Dubai LONDON, Oxford University, Dubai, Oxford, The, Climate Intelligence, UNC, NewClimate Institute, Thomson Locations: Niederaussem, Germany, Dubai
SummaryCompanies Funding round led by Just ClimateMetal-light motor 10% to 65% more efficientAims to produce 150,000 motors by end of 2024SAN FRANCISCO, Nov 1 (Reuters) - Climate technology firm Infinitum, which develops high efficiency industrial motors, said on Wednesday it had raised $185 million in a funding round led by venture capital investor Just Climate. The Infinitum motors can also work at variable speeds, helping account for a drop in energy consumption of about 10% to 65%, and the motors are relatively easy to fix and recycle, Schuler said. Just Climate Investment Partner Benoit Grobon said about half of the power from electric generation in the world goes into electric motors, and increasing their efficiency would save a lot of energy. Moreover, electric motors used as generators could make windmills more efficient and improve the range of electric cars, he added. Reporting by Simon Jessop and Peter Henderson; Editing by Jamie FreedOur Standards: The Thomson Reuters Trust Principles.
Persons: Ben Schuler, Schuler, Benoit Grobon, PwC, Simon Jessop, Peter Henderson, Jamie Freed Organizations: FRANCISCO, Reuters, Climate, Thomson Locations: Dubai, Monterrey, Mexico, Texas
Listen and follow The DailyApple Podcasts | Spotify | Amazon MusicWarning: this episode contains strong language. After 21 days without a leader, and after cycling through four nominees, House Republicans have finally elected a speaker. They chose Representative Mike Johnson of Louisiana, a hard-right conservative best known for leading congressional efforts to overturn the 2020 election. Luke Broadwater, a congressional reporter for The Times, was at the capitol when it happened.
Persons: Mike Johnson of, Luke Broadwater Organizations: Spotify, Republicans, The Times Locations: Mike Johnson of Louisiana
Turkey's President Tayyip Erdogan addresses lawmakers from his ruling AK Party at the Turkish Parliament in Ankara, Turkey October 11, 2023. NO ARCHIVES./File Photo Acquire Licensing RightsANKARA, Oct 23 (Reuters) - Turkish President Tayyip Erdogan on Monday submitted a bill approving Sweden's NATO membership bid to parliament for ratification, the presidency said, in a move welcomed by Stockholm that clears the way for it to join the Western defence alliance. "The Protocol on Sweden's NATO Accession was signed by President Recep Tayyip Erdogan on October 23, 2023 and referred to the Grand National Assembly of Turkey," the presidency said on social media platform X without elaborating. Finland's membership was sealed in April, in a historic expansion of the alliance, but Sweden's bid had been held up by Turkey and Hungary. Erdogan has previously linked Sweden's NATO bid to U.S. support for its request.
Persons: Tayyip Erdogan, Erdogan, Sweden's, Recep Tayyip Erdogan, Ulf Kristersson, Kristersson, Gumrukcu, Huseyin Hayatsever, Simon Johnson, Alex Richardson, Hugh Lawson Organizations: AK, Turkish, Presidential Press, Rights, NATO, Kurdistan Workers Party, European Union, Grand National Assembly of, Sweden's, Thomson Locations: Ankara, Turkey, Rights ANKARA, Stockholm, United States, Sweden, Grand National Assembly of Turkey, Finland, Ukraine, Hungary
STOCKHOLM (Reuters) - Estonia believes that damage to a telecommunications cable in the Baltic Sea between Sweden and Estonia is related to damage to a pipeline and cable between Estonia and Finland, Sweden's government said on Monday. On Oct. 8 a subsea gas pipeline and telecommunications cable connecting Finland and Estonia were damaged, in what Finnish investigators believe may have been deliberate sabotage. Helsinki is investigating the pipeline incident, while Tallinn is probing the cable incident. Last week, Sweden said a third link had been damaged at roughly the same time as the other two. Bohlin added that Estonia had assessed that "the damage to the gas pipeline and communications cable between Finland and Estonia is related to the damage to the communications cable between Sweden and Estonia".
Persons: Sweden's, Carl, Oskar Bohlin, Bohlin, Sevmorput, Simon Johnson, Jan Harvey, Emelia Organizations: Civil Defence, NATO, National Bureau of Investigation Locations: STOCKHOLM, Estonia, Baltic, Sweden, Finland, Helsinki, Tallinn, Russia, Germany
Estonian Navy conducts an undersea communications cable survey after a subsea gas pipeline and a telecommunications cable connecting Finland and Estonia under the Baltic Sea was damaged, in the Gulf of Finland, October 10, 2023. Estonian Navy Handout/Handout via REUTERS/File Photo Acquire Licensing RightsSTOCKHOLM, Oct 23 (Reuters) - Estonia believes that damage to a telecommunications cable in the Baltic Sea between Sweden and Estonia is related to damage to a pipeline and cable between Estonia and Finland, Sweden's government said on Monday. On Oct. 8 a subsea gas pipeline and telecommunications cable connecting Finland and Estonia were damaged, in what Finnish investigators believe may have been deliberate sabotage. Bohlin added that Estonia had assessed that "the damage to the gas pipeline and communications cable between Finland and Estonia is related to the damage to the communications cable between Sweden and Estonia". NATO has said it is stepping up patrols in the Baltic Sea following the incidents, which have stoked concerns about the security of energy supplies in the wider Nordic region.
Persons: Sweden's, Carl, Oskar Bohlin, Bohlin, Sevmorput, Simon Johnson, Jan Harvey, Emelia Organizations: Estonian Navy, REUTERS, Rights, Civil Defence, NATO, National Bureau of Investigation, Thomson Locations: Finland, Estonia, Baltic, Gulf of Finland, Handout, Rights STOCKHOLM, Sweden, Helsinki, Tallinn, Russia, Germany
Estonian Navy conducts an undersea communications cable survey after a subsea gas pipeline and a telecommunications cable connecting Finland and Estonia under the Baltic Sea was damaged, in the Gulf of Finland, October 10, 2023. Estonian Navy Handout/Handout via REUTERS/File Photo Acquire Licensing RightsSTOCKHOLM, Oct 23 (Reuters) - Estonia believes that damage to a telecommunications cable in the Baltic Sea between Sweden and Estonia is related to damage to a pipeline and cable between Estonia and Finland, Sweden's government said on Monday. On Oct. 8 a subsea gas pipeline and telecommunications cable connecting Finland and Estonia were damaged, in what Finnish investigators believe may have been deliberate sabotage. Bohlin added that Estonia had assessed that "the damage to the gas pipeline and communications cable between Finland and Estonia is related to the damage to the communications cable between Sweden and Estonia". NATO has said it is stepping up patrols in the Baltic Sea following the incidents, which have stoked concerns about the security of energy supplies in the wider Nordic region.
Persons: Sweden's, Carl, Oskar Bohlin, Bohlin, Triinu Olev, Sevmorput, Simon Johnson, Andrius, Jan Harvey, Emelia, Bill Berkrot Organizations: Estonian Navy, REUTERS, Rights, Civil Defence, NATO, National Bureau of Investigation, Andrius Sytas, Thomson Locations: Finland, Estonia, Baltic, Gulf of Finland, Handout, Rights STOCKHOLM, Sweden, Helsinki, Tallinn, Estonian, Russia, Germany, Stockholm, Vilnius
A sign directing towards electric vehicle charging points is seen in a car park in Manchester, Britain, September 8, 2023. In its first major position paper on the topic, UK Finance also told the country's political parties that more clarity is needed on the path to a net zero economy to help financial markets muster the huge amounts of capital needed. In April, the government estimated it would need an additional 50 billion pounds-60 billion pounds ($61 billion-$73 billion) of capital investment a year through the late 2020s and 2030s to meet its net zero targets. UK Finance, which represents around 300 firms, set out a series of recommendations to marshal pools of capital which are currently "underused" due to "policy gaps". An independent body could be asked to monitor and provide updates on public and private capital flows, it added.
Persons: Phil Noble, Ian Bhullar, Huw Jones, Simon Jessop, Sharon Singleton Organizations: REUTERS, Finance, European Union, Zero, Reuters, UK Finance, Labour Party, Thomson Locations: Manchester, Britain, Europe
casey newton[CHUCKLES]:: And it would be so funny if the AI actually already was deceptive and was just like, oh, yeah, Kevin, you’ve already figured us out. But I also think it’s part of this sort of undercurrent of the conversation, especially around AI right now. Marc Andreessen — he is clearly so angry at all of the people who criticize technology, technology companies, tech investors. And he is just really, really going after that crowd with this piece. brent sealesYou know I don’t really know.
Persons: kevin roose Casey, casey newton What’s, kevin roose, casey newton, hasn’t, kevin roose I’m, I’m, KEVIN, casey newton Yes, Kevin Roose, ” casey newton, Casey Newton, Marc Andreessen, Casey, we’ve, kevin roose Totally, Claude chatbot, Claude, Anthropic’s, chatbot, Anthropic hadn’t, Anthropic, Kevin, — they’re, roose, Meta, it’s, I’ve, Bard, casey newton It’s, there’s, you’ve, casey newton Yeah, didn’t, Kevin — I’m, it’ll, Kevin —, Andreessen Horowitz, Uncle Marc, , “ you’re, Tucker Carlson, Jesus Christ, casey newton Well, kevin roose Oh, he’s, McCarthy, , Nick Land, casey newton Totally, You’re, Daron Acemoglu, Simon Johnson, It’s, Marc Andreessen —, they’re, Nietzschean supermen, Nietzschean, Marc, casey newton Heck, Andreessen, Marc Andreessen decries, Marc Andreessen’s, CASEY, kevin roose That’s, you’re, Nat Friedman, who’s, Daniel Gross, John, Patrick Collison, Toby Lutke, Shopify, Aaron Levie, Brent Seales, — casey newton, There’s, Luke Farritor, ” brent seales, brent seales, that’s, Seales, haters, brent seales That’s, you’ll, casey newton Yep, brent seales —, brent seales We’d, brent seales They’re, They’re, Luke, Brent, brent seales Pliny, Elder, Jesus, brent seales What’s, casey newton Right, we’re Organizations: YouTube, The New York Times, Facebook, Google, Intelligence, America, AIs, Stanford, Communist, Netscape, Fox News, Communist Party, Technology, Venture, Twitter, acc, kevin roose Venture, Companies, Meta, University of Kentucky, British Locations: , Anthropic, China, Florida, California, United States, Europe, Romanian, interpretability, Valley, America, Silicon, Silicon Valley, Vesuvius, Rome, Greece, Herculaneum, Venice, Roman
LONDON, Oct 17 (Reuters) - Investment and grants in climate tech startups have fallen just over 40% over the last 12 months, but that plunge is less precipitous than the broader venture capital industry globally, analysts at PwC said in a report released on Tuesday. The report on the state of climate tech described investors as narrowing their focus to areas that need it most, such as heavy industries; climate tech has a "growing share of a muted market" hobbled by global economic and political conditions. "The need for climate technology continues to rise, but equity investment in start-ups has declined for a second year amid tough conditions in private markets," the report said. Investment in climate tech is about 10% of that total. The world is far behind the level of decarbonization needed to hold the rise in global temperatures to 1.5 degrees Celsius, PwC said.
Persons: PwC, Simon Jessop, Peter Henderson, David Gregorio Our Organizations: Investment, Thomson Locations: London, San Francisco
The ATM was supposed to wipe out bank tellers. And yet, here we are in 2023, with unemployment in the US at 3.8%, and an estimated 9.6 million jobs available. Tech typically creates more jobs overallSimply put, technology creates more jobs than it takes away. For example, there were fears that the advent of ATMs would put bank tellers out of work. And sure enough, a few years after the adoption of the ATM, there were fewer bank tellers per branch.
Persons: , Morgan Stanley, David Autor, who's, Banks, James Bessen, Here's Morgan Stanley, Uber, Carl Benedikt Frey, Daron Acemoglu, Simon Johnson Organizations: Service, Tech, Microsoft, Microsoft Excel, National Association of Economic Research, London, Oxford Martin School Locations: London, Hollywood
STOCKHOLM/HELSINKI, Oct 17 (Reuters) - A Baltic Sea telecom cable connecting Sweden and Estonia was damaged at roughly the same time as a Finnish-Estonian pipeline and cable were earlier this month, but remains operational, Sweden's civil defence minister said on Tuesday. The damage to the Swedish-Estonian cable was sustained outside the territorial waters and exclusive economic zone of Sweden, the country's civil defence minister, Carl-Oskar Bohlin said, and the cable had continued to function since then. VESSELS IN AREAEurope and NATO have become increasingly concerned about the vulnerability of critical infrastructure around and under the Baltic Sea. The latest incidents follow explosions in September 2022 that ruptured the Nord Stream pipelines under the Baltic Sea and cut Europe's supply of Russian gas. Finland said on Oct. 8 that the Balticconnector subsea gas pipeline and a telecommunications cable connecting Finland and Estonia had been damaged in what may have been a deliberate act.
Persons: Carl, Oskar Bohlin, Arelion, Ewa Skoog Haslum, NBI, Atomflot, Ulf Kristersson, Nerijus Adomaitis, Niklas Pollard, Simon Johnson, Marie, Gleb Stolyarov, Andrew Gray, Gwladys, Bill Berkrot, Mark Potter, Jonathan Oatis Organizations: Estonian Economic Affairs, Communications Ministry, NATO, Reuters, National Bureau of Investigation, NewNew Shipping, Sweden's, Joint Expeditionary Force, Marie Mannes, Thomson Locations: STOCKHOLM, HELSINKI, Sweden, Estonia, Finnish, Estonian, Russian, Swedish, Finland, Hiiumaa, NATO, Baltic, Europe, Rosatom, Oslo, Stockholm, Brussels
However since parliament opened on Oct. 1, its foreign affairs commission, which would debate the NATO bid, has received almost 60 international agreements to review - excluding Sweden's, official data shows. A second person familiar with U.S.-Turkish talks said a rough proposal - in which each side would take steps toward ratifying the NATO bid on the one side, and the F-16s purchase on the other - had been delayed. IN NO RUSHTurkey, NATO's second-biggest military, is still expected to ultimately endorse Sweden's bid and could rapidly move on it. Addressing the drone incident, which occurred near U.S. troops on Oct. 5, Erdogan said last week: "Isn't Turkey a NATO ally of the U.S.? Finnish membership was sealed in April, marking an historic expansion of the Western defence bloc, but Sweden's bid remains held up by Turkey and Hungary.
Persons: Tayyip Erdogan, Ulf Kristersson, Jens Stoltenberg, Yves Herman, Joe Biden, RUSH Turkey, NATO's, Sweden's, Erdogan, Yasar Guler, Humeyra Pamuk, Simon Johnson, Bernadette Baum Organizations: NATO, REUTERS, Rights, Washington, State Department, AK Party, U.S, U.S . State Department, RUSH, Kurdistan Workers Party, European Union, Turkish Defence, Swedish, U.S . Senate, White House, Lockheed Martin Corp, Palestinian, Hamas, aircraft, Thomson Locations: Swedish, Vilnius, Lithuania, Rights ANKARA, Turkey, Sweden, Ankara, United States, Syria, U.S, NATO, Finland, Russia, Ukraine, Hungary, Brussels, Stockholm, Helsinki, Iraq, Gaza, Riyadh
Netflix is planning to open two permanent locations in the US by 2025. Fans will be able to eat, drink, and shop at stores based on its most popular shows, Bloomberg reported. Two "Netflix House" venues are in the works for the US with others to follow, its consumer products chief, Josh Simon, told Bloomberg. Netflix Houses will be a mix of entertainment and retail experiences, where customers can eat, drink, and buy merchandise. Further details about the locations of Netflix Houses are yet to be announced.
Persons: , Josh Simon, we've, Simon, Ilya S, he's, It's Organizations: Netflix, Bloomberg, Service, Disney, NBC Universal, NPR, Las Vegas Locations: New York, Las
STOCKHOLM (Reuters) - A British-led defence alliance of several European countries has invited Ukraine to observe its exercises, Swedish Prime Minister Ulf Kristersson told a press conference on Friday. Kristersson said JEF member states' defence ministers will meet to discuss how to protect critical infrastructure, particularly under water. The group said in June it would increase cooperation to detect possible threats to critical undersea and offshore infrastructure. Explosions last year to the Nord Stream gas pipelines under the Baltic sea between Russia and Germany remain unexplained. (Reporting by Simon Johnson and Anna Ringstrom, editing by Terje Solsvik and Deborah Kyvrikosaios)
Persons: Ulf Kristersson, JEF, Kristersson, Volodymyr Zelenskiy, Simon Johnson, Anna Ringstrom, Terje Solsvik, Deborah Kyvrikosaios Organizations: Joint Expeditionary Force, Atlantic Locations: STOCKHOLM, British, Ukraine, Swedish, Britain, Baltic, Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Netherlands, Norway, Sweden, Gotland, Russia, Germany
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