VILNIUS (Reuters) -Turkish President Tayyip Erdogan has agreed to forward to parliament Sweden’s bid to join the NATO military alliance, Secretary-General Jens Stoltenberg said on Monday, on the eve of a NATO summit in Vilnius. “I’m glad to announce … that President Erdogan has agreed to forward the accession protocol for Sweden to the grand…
By Sarah McFarlane and Valerie Volcovici LONDON/WASHINGTON (Reuters) – When it comes to taking stock of global emissions, there’s an elephant in the room: the world’s armed forces. As temperatures hit new highs, scientists and environmental groups are stepping up pressure on the U.N. to force armies to disclose all their emissions and end a…
By David Shepardson (Reuters) -The United Auto Workers union said on Monday it will open contract talks with Detroit’s Big Three automakers starting on Thursday, ahead of the mid-September expiration of the current four-year labor deal. The union said talks will open on Thursday with Chrysler-parent Stellantis, on Friday with Ford Motor and on July…
By Ann Saphir and Michael S. Derby (Reuters) -The Federal Reserve will likely need to raise interest rates further to bring down inflation that is still too high, but the end to its current monetary policy tightening cycle is getting close, several U.S. central bank officials said on Monday. The Fed has raised interest rates…
By Ross Kerber (Reuters) – A new Missouri securities rule offers a template for Republican U.S. state officials who want to advance an “anti-woke” business agenda even as such ideas struggle for legislative backing. Missouri’s Republican secretary of state, John “Jay” Ashcroft, issued a rule on June 1 that requires broker-dealers to obtain consent from…
By Sabine Siebold VILNIUS (Reuters) – NATO leaders meet in Vilnius on Tuesday and Wednesday to tackle a wide range of topics, from divisions over Ukraine’s membership bid and Sweden’s accession to boosting ammunitions stockpiles and reviewing the first defence plans in decades. It will be the fourth NATO summit since Russia’s invasion of Ukraine,…
By Jack Kim SEOUL (Reuters) -North Korea accused the United States on Monday of violating its airspace by conducting surveillance flights and warned that, while Pyongyang was exercising restraint, such flights may be shot down. Provocative military actions by the United States were bringing the Korean peninsula closer to a nuclear conflict, an unnamed spokesperson…
By Ludwig Burger and Maggie Fick (Reuters) -The European Medicines Agency (EMA) is investigating Novo Nordisk’s diabetes drug Ozempic and weight-loss treatment Saxenda after Iceland’s health regulator flagged three cases of patients thinking about suicide or self-harm. Shares of the Danish drugmaker fell 1% on Monday following the news. An EMA safety committee is looking…
By Andrew Osborn and Mark Trevelyan MOSCOW (Reuters) – President Vladimir Putin has held Kremlin talks with Wagner mercenary group founder Yevgeny Prigozhin and his commanders to discuss the armed mutiny Wagner attempted to mount against the army’s top brass, Putin’s spokesman said on Monday. The meeting was first reported by French newspaper Liberation, which…
By Sabine Siebold VILNIUS (Reuters) -NATO allies on Monday reached agreement on defence plans detailing how the alliance would respond to a Russian attack, overcoming a Turkish hurdle one day before leaders meet for a summit in Vilnius, five diplomats told Reuters. NATO had for decades seen no need for large-scale defence plans, as it…
