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Finland and Sweden one step closer to NATO membership as Turkey agrees

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Finland and Sweden are one step closer to NATO membership after Turkey officially agrees to support their nominations

Turkey has officially agreed to support Finland and Sweden’s NATO membership applications, paving the way for the two Nordic nations to join the strategic alliance. 

Lifting its veto, Turkey has now ended a weeks-long debate which has tested Western unity over Russia’s invasion of Ukraine. 

Finland’s President says the breakthrough comes after the three nations signed a joint memorandum to extend support against threats to each other’s security. 

NATO Secretary General Jens Stoltenberg says the memorandum addresses Turkey’s concerns.

FILE PHOTO: NATO Secretary General Jens Stoltenberg speaks during a news conference on the eve of a NATO summit, amid Russia’s invasion of Ukraine, in Brussels, Belgium March 23, 2022. REUTERS/Gonzalo Fuentes/File Photo

“I am pleased to announce that we now have an agreement that paves the way for Finland and Sweden to join NATO,” he told reporters at the NATO summit in Madrid.

“Turkey, Finland and Sweden have signed a memorandum that addresses Turkey’s concerns, including around arms exports and the fight against terrorism,”

NATO Secretary General Jens Stoltenberg

This all happened just hours before a NATO summit began in Madrid, with leaders hoping to display unity in the face of Russian aggression. 

Finland and Sweden’s application to join the nuclear-armed alliance is the biggest shift in European security in decades. 

Ukraine’s President Volodymyr Zelenskyy addressed the leaders of the G7 nations on Monday, pressing them for more heavy weaponry and help to end the war before winter sets in.

It comes as Russia defaults on debt for the first time in a century.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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U.S. ramps up Cuba aid as energy crisis deepens

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The United States has announced an additional $6 million in humanitarian aid for Cuba, bringing total assistance since Hurricane Melissa struck the island in October to $9 million. The new relief package will focus on Cuba’s eastern provinces, including Holguín, Granma, Santiago de Cuba, and Guantánamo, providing staples like rice, beans, pasta, canned tuna, and solar lamps. U.S. officials said embassy staff will monitor distribution to prevent the government from diverting supplies.

The announcement comes amid worsening energy and fuel shortages. Cuba has faced widespread blackouts, leaving millions without electricity in several provinces, while rising food prices and limited fuel supplies have intensified humanitarian pressures. Officials warn that without sufficient oil imports, hospitals, transport, and essential services could be severely affected. The crisis has escalated following U.S. restrictions on Cuba’s oil shipments and Venezuela’s inability to supply fuel, forcing Cuba to turn to Mexico as its primary energy partner.

Humanitarian situation

Cuba’s President Miguel Díaz‑Canel accused the U.S. of imposing an “energy blockade,” while Mexican officials work to deliver fuel without triggering U.S. tariffs. Díaz‑Canel expressed willingness to engage in dialogue but insisted talks must respect Cuba’s sovereignty. U.N. Secretary-General António Guterres has voiced serious concern, warning that the humanitarian situation could deteriorate further if oil supplies remain restricted.

As Cuba struggles to balance disaster recovery with an ongoing energy crisis, the international community faces a delicate challenge: providing humanitarian support while navigating complex geopolitical tensions.


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SpaceX expands Starlink with phone plans and satellite tracking ambitions

SpaceX expands Starlink with a mobile device and space tracking, raising concerns over revenue and US government reliance.

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SpaceX expands Starlink with a mobile device and space tracking, raising concerns over revenue and US government reliance.

SpaceX is pushing Starlink beyond internet from space, with plans underway for new consumer facing services that could reshape the telecom landscape.

The company is reportedly exploring a Starlink mobile device, positioning it as a potential rival to established smartphone players as it looks to extend its reach from orbit to everyday tech.

Starlink has become SpaceX’s financial powerhouse, generating an estimated $8 billion in revenue last year, with fresh trademark and patent filings signalling even more ambitious expansion ahead.


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Oil prices surge as U.S.-Iran tensions escalate

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Crude oil prices jumped over 3% on Wednesday as U.S.-Iran nuclear talks showed signs of faltering, pushing WTI futures above $65 per barrel. Axios reported disagreements over the venue and scope of Friday’s talks, while President Trump warned Iran’s supreme leader to “be very worried,” stoking fears of military escalation.

Tensions in the Persian Gulf added to the volatility. A U.S. F-35C shot down an Iranian drone near the USS Abraham Lincoln, and Iranian vessels threatened a U.S.-flagged tanker in the Strait of Hormuz. The USS McFaul escorted the tanker to safety, highlighting the region’s fragile oil supply routes.

Despite the clashes, nuclear talks will go ahead on Friday in Oman, but uncertainty continues to drive oil market volatility, with traders closely watching both diplomatic and military developments.

#OilPrices #IranUS #NuclearTalks #PersianGulf #WTI #EnergyMarket #Geopolitics #OilSupply


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