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Finland, Sweden another step closer to full NATO membership
Finland and Sweden are a step closer to full NATO membership after all thirty NATO allies signed an accession protocol.
It will be NATO’s biggest expansion in decades – but it likely won’t happen in full for at least a year.
NATO allies signed an accession protocol for Finland and Sweden to join the military alliance in Brussels on Tuesday (July 5).
Ankara had previously threatened to scupper their chances of joining.
Both Nordic countries gave assurances to Turkey in response that they would do more to fight terrorism – and Turkey backed down.
NATO Secretary General Jens Stoltenberg hailed the historic move,
This is truly an historic moment […] with 32 nations around the table, we will be even stronger.
JENS StOLTENBERG, NATO SECRETARY GENERAL
This protocol allows Helsinki and Stockholm to take part in NATO meetings, and have greater access to intelligence.
But the ratification process can take up to a year or more.
Neither country will be protected by NATO’s defence clause – where an attack on one is considered an attack on all during that time.
Meanwhile, Russia’s Duma announced two bills that would put Russia onto a more aggressive wartime economy.
The first bill would allow Russia’s government to demand businesses supply the military with goods.
The second bill would oblige employees to be available to work overtime, nights, and forego additional pay in support of Russia’s invasion of Ukraine.
The bills need a second and third reading, approval by Russia’s upper house, and be signed by Vladimir Putin before they would become law
News
Could Trump’s Middle East peace deal reshape the global economy?
Trump’s ceasefire deal between Israel and Hamas may reshape global markets and trigger new economic dynamics.
Trump’s ceasefire deal between Israel and Hamas may reshape global markets and trigger new economic dynamics.
Donald Trump’s latest diplomatic breakthrough — a ceasefire and potential peace deal between Israel and Hamas — could have ripple effects far beyond the Middle East. The former U.S. president is eyeing economic reconstruction opportunities in the region, with energy, infrastructure, and trade set to benefit if stability holds.
Experts say the deal could also influence global oil prices, energy markets, and investment flows, as renewed peace opens the door to new development projects. But it could also trigger volatility if negotiations falter or regional rivalries reignite.
As Trump prepares for further talks with China on trade and critical minerals, economists are watching closely. Could this mark the beginning of a new era of economic détente — or the start of another global power struggle centred around strategic resources?
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Ceasefire holds as families return to Gaza
Thousands of Palestinians return amid fragile ceasefire, as Egypt hosts talks for lasting peace amidst immense destruction.
Thousands of Palestinians return amid fragile ceasefire, as Egypt hosts talks for lasting peace amidst immense destruction.
Thousands of Palestinians are returning home under a fragile ceasefire, as leaders gather in Egypt to discuss lasting peace.
The destruction is immense, but hopes for stability are rising.
#Gaza #Ceasefire #MiddleEast #PeaceTalks #IsraelHamas #tickernews
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Australia rushes to finalise billion-dollar minerals deal with the U.S.
Australia seeks a $1.2 billion minerals deal with the U.S. to reduce reliance on China ahead of Albanese-Trump talks.
Australia seeks a $1.2 billion minerals deal with the U.S. to reduce reliance on China ahead of Albanese-Trump talks.
Australia is racing to secure a landmark critical minerals deal with the United States ahead of Prime Minister Anthony Albanese’s upcoming meeting with President Donald Trump. The agreement, worth an estimated $1.2 billion, aims to strengthen supply chains and reduce both nations’ reliance on China’s mineral dominance.
The deal would see Australia establish a strategic reserve of rare earths, backed by U.S. investment and government funding. Australian miners are being consulted on potential price floors and financing models that could redefine the future of the country’s resources sector.
However, questions remain over the economic risks. Analysts warn that introducing price controls and heavy government intervention could have unintended consequences, especially if China retaliates with tariffs or production cuts. The deal could reshape global competition for critical minerals essential to defence, energy, and technology industries.
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