NEWSLETTER
Thursday / September 29Sep 29
Wednesday / April 26
Finland and Sweden to join NATO
Finland and Sweden will together express their wish to join NATO in May, tabloid newspapers Iltalehti in Finland and Expressen in Sweden reported on Monday.
Russia's invasion of Ukraine has forced Sweden and Finland to examine whether their longstanding military neutrality is still the best means of ensuring national security.
According to Iltalehti, the leaders of Finland and Sweden plan to meet in the week of May 16 and after that publicly announce their plans to apply to join the alliance.
Swedish daily Aftonbladet reported separately, citing sources close to Swedish government offices, that the United States and Britain had promised Sweden increased military presence, more in-depth military exercises and 'strong political' support from NATO countries" during a possible NATO application process.
Meanwhile Three NATO warships arrived in the southwestern Finnish port of of Turku on Monday to train with Finland's navy as Helsinki considers the possibility of joining the U.S.-led alliance amid increased tensions with Russia over Ukraine.
Musk takes over Twitter
Elon Musk reached a deal to buy Twitter for $44 billion cash on Monday.
Musk who has criticized Twitter's moderation, said that Twitter's algorithm for prioritizing tweets should be public and criticized giving too much power on the service to corporations that advertise.
"Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated," Musk said in a statement.
Former US President Trump, whose company is building a rival to Twitter called Truth Social, said he will not return to Twitter, according to a Fox News interview.
US stocks
The blue-chip average Dow Jones rose 238.06 points, or 0.7%, to 34,049.46. The index was down as much as 488 points earlier in the session. The S&P 500 ticked up 0.6% to 4,296.12. The tech-heavy Nasdaq Composite gained 1.3% at 13,004.85.
Concerns about a global economic slowdown amid Covid outbreaks in China sent interest rates lower. The 10-year Treasury yield pulled back to the 2.8% level.
Tech shares rebounded as rates fell, providing support to the major averages. Microsoft rose 2.4%, the second-biggest gainer on the Dow. Google-parent Alphabet also gained nearly 2.9%, and Facebook-parent Meta added about 1.6% ahead of quarterly earnings reports slated for later this week.
Twitter jumped roughly 5.7% after the social media company announced it accepted billionaire Musk’s buyout deal at $44 billion.
Finland and Sweden will together express their wish to join NATO in May, tabloid newspapers Iltalehti in Finland and Expressen in Sweden reported on Monday.
Russia's invasion of Ukraine has forced Sweden and Finland to examine whether their longstanding military neutrality is still the best means of ensuring national security.
According to Iltalehti, the leaders of Finland and Sweden plan to meet in the week of May 16 and after that publicly announce their plans to apply to join the alliance.
Swedish daily Aftonbladet reported separately, citing sources close to Swedish government offices, that the United States and Britain had promised Sweden increased military presence, more in-depth military exercises and 'strong political' support from NATO countries" during a possible NATO application process.
Meanwhile Three NATO warships arrived in the southwestern Finnish port of of Turku on Monday to train with Finland's navy as Helsinki considers the possibility of joining the U.S.-led alliance amid increased tensions with Russia over Ukraine.
Musk takes over Twitter
Elon Musk reached a deal to buy Twitter for $44 billion cash on Monday.
Musk who has criticized Twitter's moderation, said that Twitter's algorithm for prioritizing tweets should be public and criticized giving too much power on the service to corporations that advertise.
"Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated," Musk said in a statement.
Former US President Trump, whose company is building a rival to Twitter called Truth Social, said he will not return to Twitter, according to a Fox News interview.
US stocks
The blue-chip average Dow Jones rose 238.06 points, or 0.7%, to 34,049.46. The index was down as much as 488 points earlier in the session. The S&P 500 ticked up 0.6% to 4,296.12. The tech-heavy Nasdaq Composite gained 1.3% at 13,004.85.
Concerns about a global economic slowdown amid Covid outbreaks in China sent interest rates lower. The 10-year Treasury yield pulled back to the 2.8% level.
Tech shares rebounded as rates fell, providing support to the major averages. Microsoft rose 2.4%, the second-biggest gainer on the Dow. Google-parent Alphabet also gained nearly 2.9%, and Facebook-parent Meta added about 1.6% ahead of quarterly earnings reports slated for later this week.
Twitter jumped roughly 5.7% after the social media company announced it accepted billionaire Musk’s buyout deal at $44 billion.
