Sweden
Erdogan says Turkey doesn’t support Sweden, Finland joining NATO
Turkey’s President Tayyip Erdogan holds a news conference during the NATO summit at the Alliance’s headquarters in Brussels, Belgium June 14, 2021. Yves Herman | Reuters Turkish President Recep Tayyip Erdogan has thrown Sweden and Finland’s potential NATO membership into doubt, just as both countries are on the cusp of applying to join the alliance […]
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Finland is just days away from applying for NATO membership
HELSINKI, Finland — After completing a few more steps, Finland will be ready to send its application to join the NATO military alliance, the country’s foreign affairs minister told CNBC Tuesday. The Nordic nation has been considering joining the alliance in the wake of Russia’s unprovoked invasion of Ukraine. Finland’s Prime Minister Sanna Marin has […]
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Finland, Sweden need to move now on NATO while Putin is preoccupied with Ukraine, former secretary general says
SALZBURG, Austria — Finland and Sweden need to join the North Atlantic Treaty Organization (NATO) now while Russia’s Putin is focused on Ukraine, the alliance’s former chief told CNBC. The two Nordic countries have been considering joining NATO in the wake of Russia’s unprovoked invasion of Ukraine. Becoming NATO members would represent a sharp U-turn […]
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Citi says a trader error caused Europe’s ‘flash crash’. Here’s how it unfolded
Citigroup said it had identified the cause of the flash crash and corrected the error “within minutes.” Jim Dyson | Getty Images News | Getty Images A so-called “flash crash” in European markets on Monday prompted several indexes to tumble sharply, sparking alarm among investors on a day when trading was thin due to public […]
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The crypto industry wants to go green — but that’s easier said than done
BODEN, Sweden — Tucked away in snowy Swedish Lapland is a modern-day gold mine. But instead of picks and shovels, it’s filled with thousands of computers. These machines, known as mining rigs, are working around the clock to find new units of cryptocurrency — in this case, ethereum, the second-largest token globally. To do so, […]
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Finland has walked a political tightrope between Moscow and the West for decades. But that could be about to end
Finland’s Prime Minister Sanna Marin has said that her country will be deciding on whether to join NATO within weeks. This could also propel neighbouring Sweden to do the same. Ludovic Marin | Afp | Getty Images Finland could be about to announce that it’s joining the military alliance NATO — in what would mark […]
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Top autos CEO warns of battery supply scarcity as EV competition heats up
In 2021, Volvo Cars said it planned to become a “fully electric car company” by the year 2030, a move which will require it to have a consistent and secure supply of batteries for its vehicles. Peerapon Boonyakiat /SOPA Images | LightRocket | Getty Images The new CEO and president of Volvo Cars has predicted […]
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GE hoping to 3D print concrete components for wind turbines so it can save on transportation costs
A Haliade-X wind turbine photographed in the Netherlands on March 2, 2022. The Haliade-X is part of a new generation of huge turbines set to be installed in the years ahead. Peter Boer | Bloomberg | Getty Images A new research facility which hopes to 3D print the concrete bases of giant wind turbine towers […]
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Russia threatens new nuclear deployments if Sweden, Finland join NATO
Dmitry Medvedev, Russia’s Prime Minister. Andrey Rudakov | Bloomberg | Getty Images Russia says a nuclear-free Baltic region would no longer be possible if Finland and Sweden join NATO, alluding to additional nuclear deployments in Europe. “If Sweden and Finland join NATO, the length of the alliance’s land borders with the Russian Federation will more […]
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‘Everything changed when Russia invaded’: Finland and Sweden inch closer to seeking NATO membership
The leaders of Finland and Sweden have both said a decision on whether to apply for NATO membership can be expected sooner rather than later. Paul Wennerholm | Afp | Getty Images LONDON — Finland and Sweden could both seek to join NATO in the coming weeks, warning Europe’s security landscape has “completely changed” in […]
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