How Turkey spoiled NATO’s historic moment with Finland, Sweden

Turkey caught NATO allies by surprise Finland, Sweden hoped for quick accession Turkey’s Cavusoglu meets US counterpart Blinken ISTANBUL/WASHINGTON/BRUSSELS, May 18 (Reuters) – When Finland and Sweden signaled they were thinking of making the historic decision by joining NATO, the alliance expected a tough response from Moscow, not from one of its own. Yet at … Read more

Stock market rebound fizzles, UK inflation hits 40-year high

LONDON, May 18 (Reuters) – A rebound in stocks ran out of steam on Wednesday concerns about the economic growth outlook and rising inflation knocked sentiment, while a UK inflation reading of 9% underlined just how much higher interest rates might be headed. Asian stocks managed to eek out their fourth straight session of gains … Read more

Finland, Sweden apply to join NATO, face Turkish objections

Application submitted at NATO headquarters Move seen redrawing geopolitical map of Europe Non-aligned for decades, Ukraine war caused policy upheaval Countries seeking to resolve Turkish objections to NATO bids BRUSSELS, May 18 (Reuters) – Finland and Sweden formally applied to join the NATO alliance on Wednesday at allied headquarters, a decision spurred by Russia’s invasion … Read more

EU ministers urge Hungary to sign up to planned Russian oil embargo

Lithuanian Foreign Minister Gabrielius Landsbergis listens during a news conference in Vilnius, Lithuania March 18, 2022. REUTERS/Janis Laizans/File Photo Register now for FREE unlimited access to Reuters.com register Hungary singled out as obstacle to deal Budapest says no acceptable proposal yet from Brussels May 30-31 summit could be last-ditch attempt Oil embargo could last for … Read more

Exclusive: Turkey ‘not closing door’ to Sweden, Finland NATO entry, Erdogan advisor says

Finland wants to join NATO Sweden expected to follow suit in bid to join alliance Turkey wants its security concerns to be considered ISTANBUL, May 14 (Reuters) – Turkey has not shut the door to Sweden and Finland joining NATO but wants negotiations with the Nordic countries and a clampdown on what it sees as … Read more

G7 backs more aid, weapons to Ukraine in show of unity against Russia

Ukraine, Moldova attend G7 foreign ministers annual meeting EU’s Borrell announces further 500 mln euros in military support Concerns war could spread to Moldova WEISSENHAUS, Germany, May 13 (Reuters) – Foreign ministers from the G7 group of rich nations backed giving more aid and weapons to Ukraine as they met on Friday in what Germany … Read more

Stocks in a tailspin, dollar soars as hard landing fears grow

A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, February 1, 2020. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com register World stocks drop to 1-1/2 yr low, down almost 20% YTD Europe opens down 2% US equity futures struggle Dollar hits 2yr highs on … Read more

Stocks stumble on new growth fears, dollar extends rally

A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying Shanghai Composite index, Nikkei index and Dow Jones Industrial Average outside a brokerage in Tokyo, Japan, March 7, 2022. REUTERS/ Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com register LONDON, May 9 (Reuters) – Stocks … Read more