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Turkey decides how Nato expansion happens: Niinisto

Bloomberg Finland’s President Sauli Niinisto said it’s up to Turkey to decide whether Finland and Sweden join Nato together or not. “We have an understanding with Sweden: both of us should become members as soon as possible. Turkey has its own understanding of the situation and the way forward —that’s entirely in Turkish hands,” Niinisto told reporters at the Munich ...

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Northern Irish parties hail significant Brexit progress

Bloomberg The UK and European Union have made significant progress towards a deal on new post-Brexit trading arrangements for Northern Ireland — but more work is still needed to finalise an agreement, the region’s political parties said. Prime Minister Rishi Sunak held a series of meetings with leaders in Belfast to discuss the status of talks aimed at resolving the ...

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Risk markets underestimate inflation, says ECB’s Schnabel

Bloomberg One of the European Central Bank’s (ECB) most senior officials said that investors risk underestimating the persistence of inflation, and the response needed to bring it under control. “We are still far away from claiming victory,” Executive Board member Isabel Schnabel said in an interview with Bloomberg, citing the strength of underlying price pressures and faster wage increases. The ...

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