Sweden

Finland and Sweden formally apply to join the NATO military alliance. Follow our live updates
Politics

Finland and Sweden formally apply to join the NATO military alliance. Follow our live updates

Finland and Sweden formally applied to join NATO on Wednesday marking another step toward the Western military alliance’s expansion, although the full accession process could take a year and Turkey’s objections need to be overcome. The status of the besieged Azovstal steelworks complex in Mariupol, a heavily-destroyed port city in southern Ukraine, remains unknown with […]

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‘The stakes here are now massive’: Turkey is threatening to block NATO membership for Sweden and Finland
World

‘The stakes here are now massive’: Turkey is threatening to block NATO membership for Sweden and Finland

Turkish President Recep Tayyip Erdogan speaks ahead of the peace talks between delegations from Russia and Ukraine at Dolmabahce Presidential Office in Istanbul, Turkiye on March 29, 2022. Arda Kucukkaya | Anadolu Agency | Getty Images Turkish President Recep Tayyip Erdogan has doubled down on his opposition to Sweden and Finland joining the NATO alliance, […]

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Soldiers evacuated from besieged Mariupol steelworks; Turkey could block NATO bids from Finland, Sweden
World

Soldiers evacuated from besieged Mariupol steelworks; Turkey could block NATO bids from Finland, Sweden

Turkey says it won’t approve Finland, Sweden NATO bids 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 Turkey’s President Recep Tayyip Erdogan has reiterated Ankara’s objections to Sweden and Finland joining NATO, saying Turkey will not approve […]

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NATO is about to get bigger and Putin is unhappy: Here are 3 ways Moscow could react
World

NATO is about to get bigger and Putin is unhappy: Here are 3 ways Moscow could react

Russian President Vladimir Putin leaves Red Square after the Victory Day military parade in central Moscow on May 9, 2022. Kirill Kudryavtsev | Afp | Getty Images With Finland and Sweden both announcing their bids to join the Western military alliance NATO, ending a decades-long history of military non-alignment, all eyes are on Russia and […]

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Russia says it will act if NATO moves nuclear forces nearer its border; Ukraine makes territorial gains
World

Russia says it will act if NATO moves nuclear forces nearer its border; Ukraine makes territorial gains

Russian forces are withdrawing from Kharkiv, Ukraine says Civilians walk past an old checkpoint in Kharkiv, Ukraine, on May 12, 2022. Anadolu Agency | Anadolu Agency | Getty Images Russian forces are withdrawing from the northeastern city of Kharkiv, Ukraine said in an operational update Saturday. “Russian enemy did not conduct active hostilities in the […]

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Erdogan says Turkey doesn’t support Sweden, Finland joining NATO
World

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
World

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
Politics

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
World

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
Finance

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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