Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

Finland and Sweden submit applications to join NATO

Published

on

Finland and Sweden have officially submitted their applications to join NATO

Finland and Sweden have handed in applications to join NATO.

It ends decades of political neutrality for both nations, after Russia’s invasion of Ukraine.

The Chief of NATO says the applications are quote an “historic step”.

If their bid is successful, it will bring the alliance’s membership to 32.

While Russia strongly opposes the move, there are also members within NATO’s own ranks voicing their concerns.

Dubbed the North Atlantic Treaty Organisation, the NATO alliance was founded in 1949

It follows one rule: an attack on one, is an attack on all.

It sought to counter Russian expansion in Europe after World War Two.

But following the collapse of the Soviet Union in 1991, many of its former Eastern European allies joined the alliance, something that has raised concerns in Moscow.

Finland and Sweden need the support of all member states to join. If they’re successful, it will take the alliance to 32 members.

NATO members must spend 2 per cent of their GDP on defence. Finland already meets this target and Sweden says it will do so “as soon as possible”.

The two countries will also bring a range of military might.

Finland has over 19-thousand active troops, and Sweden has over 14-and-a-half thousand.

There are 220 tanks, and over 200 combat aircraft.

Russia believes NATO has been verging on its door stop and is warning both nations against joining.

Turkey’s President is also voicing concerns, saying the two Scandinavian nations should not send delegations to convince him of their bids.

Continue Reading

News

Trump orders Pentagon to resume nuclear testing immediately

Trump orders Pentagon to resume nuclear testing, raising concerns over arms race and global safety

Published

on

By

Trump orders Pentagon to resume nuclear testing, raising concerns over arms race and global safety

video
play-sharp-fill
In Short:
– Trump ordered the Pentagon to resume nuclear testing, risking global tensions and retaliation from other nations.
– Proliferation concerns are rising as nuclear states modernise arsenals and the New START Treaty nears expiration.
US President Donald Trump has ordered the Pentagon to resume nuclear weapons testing immediately, aiming to align with testing programs from other countries according to the conversation.Resuming explosive nuclear tests would likely trigger retaliatory responses from nuclear-armed nations like Russia and China, worsening the arms race and increasing global risks.

Banner

The potential for worldwide radioactive fallout remains high, even for underground tests. The Comprehensive Nuclear Test Ban Treaty, signed by 187 states, prohibits such testing, yet the US remains a signatory without ratification, bound not to violate the treaty’s intent.

Nuclear weapon testing, once crucial for understanding weapon effects and military planning, has diminished. Since World War II, nuclear tests have largely focused on developing new designs. Significant environmental and health concerns led to a moratorium on atmospheric testing in the early 1960s and the Partial Test Ban Treaty in 1963.

Many countries, including the US, stopped explosive testing in the 1990s. Technological advancements allowed nations to develop nuclear weapons without the need for actual explosions.

Proliferation Risks

Nuclear proliferation continues, with all nine nuclear-armed states investing heavily in modernising their arsenals. This raises concerns about lowered thresholds for using such weapons.

Recent conflicts involving nuclear threats have escalated, and the number of nuclear weapons operationally available has begun to rise again. Russia has tested advanced nuclear weapons, while China is rapidly expanding its military capabilities.

The New START Treaty, which confines the nuclear capabilities of the US and Russia, is set to expire soon, with no successor treaty negotiations underway.

The Doomsday Clock has moved closer to midnight this year, highlighting the heightened dangers facing the world today.

Continue Reading

News

US–China trade talks are a handshake, not a deal

Trump and Xi unofficially extend tariff truce, with US concessions and Chinese commitments on soybeans, fentanyl, and rare earths.

Published

on

Trump and Xi unofficially extend tariff truce, with US concessions and Chinese commitments on soybeans, fentanyl, and rare earths.


Presidents Trump and Xi extend their tariff truce in an informal meeting, with US cuts and Chinese promises on soybeans, fentanyl, and rare earths.

Steve Gopalan from SkandaFX cautions this is unofficial and deeper issues between the two super powers remain.

#USChina #TradeTruce #Tariffs #GlobalMarkets #Soybeans #RareEarths #UnofficialDeal #TickerNews


Download the Ticker app

Continue Reading

News

Markets cautious as rate cut hopes fade

Central banks ease rate cut hopes amid inflation and wobbling tech stocks; markets adjust to Fed’s new stance.

Published

on

Central banks ease rate cut hopes amid inflation and wobbling tech stocks; markets adjust to Fed’s new stance.


Central banks pull back on rate cut expectations as tech stocks wobble and inflation pressures persist. Markets adjust cautiously to the Fed’s new tone.

#Markets #Fed #InterestRates #Inflation #TechStocks #CapitalMarkets #TickerNews #Economy #FinancialUpdate


Download the Ticker app

Continue Reading

Trending Now