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UK announces mutual security deals with Finland and Sweden

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UK Prime Minister Boris Johnson promises to back Sweden and Finland with whatever they request, even militarily, if they ever come under attack

The PM signed a mutual defence agreement with both countries.

The deal comes as both Sweden and Finland consider joining NATO in the wake of Russia’s invasion of Ukraine.

The specific form of assistance has not been revealed, but Johnson says aid would be dictated by the “request of the other party”.

Speaking in a press conference with Swedish Prime Minister Magdalena Andersson, Johnson says “The war in Ukraine is forcing us all to make difficult decisions.”

“But sovereign nations must be free to make those decisions without fear or influence or threat of retaliation.”

u.k prime minister boris johnson

“This is an agreement that enshrines the values that both Sweden and the UK hold dear, and which we will not hesitate to defend”. 

“It will allow us to share more intelligence, bolster our military exercises and further our joint development of technology.”

https://twitter.com/BorisJohnson/status/1524500986110357504

Finland and Sweden are both on the cusp of joining Nato, and thus ending decades of neutrality.

In response to fears the move could incite Russian aggression, Finish president Sauli Niinistö says Russia is responsible for the actions they are taking.

“My response would be that ‘you caused this – look at the mirror'” he says.

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Markets brace as U.S. government reopens ahead of key Fed signals

U.S. government funded through January; traders anxious amid economic data delays and potential December rate cut.

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U.S. government funded through January; traders anxious amid economic data delays and potential December rate cut.


The U.S. government is funded through January, averting another shutdown for now, but economic data delays and shifting Fed expectations are keeping traders on edge.

Markets now price in a 64% chance of a December rate cut as officials deliver crucial speeches this week.

#USMarkets #FederalReserve #GovernmentShutdown #InterestRates #USEconomy #WallStreet #Inflation #Treasury #FinanceNews #GlobalMarkets


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Starmer under strain as leadership rumours grow

Keir Starmer faces internal pressure and speculation of a leadership challenge ahead of the crucial Autumn Budget.

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Keir Starmer faces internal pressure and speculation of a leadership challenge ahead of the crucial Autumn Budget.


UK Prime Minister Keir Starmer faces mounting internal pressure amid talk of a leadership challenge and economic strain ahead of the Autumn Budget.

Chancellor Rachel Reeves’ looming tax decisions and Starmer’s sinking approval ratings are fuelling speculation across Westminster.

#UKPolitics #KeirStarmer #LabourParty #RachelReeves #AutumnBudget #LeadershipChallenge #BritishPolitics #Westminster #Economy #UKNews


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SoftBank sells Nvidia stake to fund massive AI push

SoftBank sells $5.8B Nvidia stake to invest in AI, sparking analysts’ views on Masayoshi Son’s bold gamble.

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SoftBank sells $5.8B Nvidia stake to invest in AI, sparking analysts’ views on Masayoshi Son’s bold gamble.


SoftBank has sold its entire $5.8 billion Nvidia stake to double down on artificial intelligence, investing heavily in OpenAI and the colossal $500 billion Stargate data-centre project.

Analysts say it’s Masayoshi Son’s boldest tech gamble yet.

#SoftBank #Nvidia #OpenAI #AI #MasayoshiSon #Stargate #TechNews #Investing #DataCenters #ArtificialIntelligence


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