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Finland, Sweden another step closer to full NATO membership

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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.

THE DUMA IS RUSSIA’S PARLIAMENT


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

Simon is a ticker NEWS corespondent in London. Simon started his career in his hometown of Sydney as a news video producer for NineMSN, then moved to the UK with Good Morning Britain on ITV, followed by a TV reporter for a local news service in Manchester in England’s north. Simon joins ticker News after several years in the London headquarters of ITN Productions as a news producer, and as an assistant news editor for ITV News.

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Curious times for AI & investing as stark reality becomes clear

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Both private funding for startups and corporate mergers and acquisitions within the sector have decreased, reflecting a shift in investor sentiment.

While some AI ventures continue to attract significant investments, experts attribute the overall downturn to challenges in scaling AI technologies and a more cautious investment climate.

Generative AI stands out as a bright spot, experiencing exponential growth in funding despite lingering skepticism among corporate executives.

Amidst this market correction, some view the shift as necessary for a more sustainable investment landscape, predicting stable growth in the coming years.

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Game on with charitable cause and fresh titles of the week

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Xbox ANZ partners with Cure Cancer in an clever collaboration, introducing three exclusive Xbox Series X consoles inspired by the pioneering cancer research of Dr. Arutha Kulasinghe from The University of Queensland.

These unique designs, reflecting Dr. Kulasinghe’s innovative tumour mapping techniques, are currently available for auction, offering gamers an opportunity to contribute to a noble cause while acquiring a prized gaming collectible.

Meanwhile, Nintendo Switch Online unveils its latest additions, including the long-awaited Wrecking Crew 98, previously exclusive to Japan, now accessible to a global audience.

In the gaming sphere, this week brings diverse experiences, from the underwater exploration and sushi entrepreneurship of “Dave the Diver” to the enchanting narrative journey of “Harold Halibut” and the thrilling action RPG “No Rest for the Wicked” by Moon Studios, promising captivating adventures across PlayStation, Xbox, and PC platforms.

 

 

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Donald Trump becomes first former U.S. president to stand trial

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Trump has denied any wrongdoing, maintaining that the payments were not campaign-related and therefore not subject to campaign finance laws.

Jury selection commenced today in the criminal trial of former President Donald Trump, focusing on allegations related to hush money payments made to women who claimed to have had affairs with him.

The trial, which has drawn significant attention, marks a pivotal moment in Trump’s post-presidential legal battles. #ticker today #featured

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