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Showing posts with the label talks

No breakthrough in NATO-Turkey talks about Sweden joining

NATO Secretary-General Jens Stoltenberg says representatives from Turkey and Sweden will meet in just over a week to try to bridge their differences about the Nordic country joining the military alliance ISTANBUL, Turkey -- NATO Secretary-General Jens Stoltenberg made no breakthrough on Sunday in talks about Sweden’s membership in the Military organization with Turkish President Recep Tayyip Erdogan, with officials from the two countries to meet in just over a week to try to bridge their differences. NATO wants to bring Sweden into the fold by the time U.S. President Joe Biden and other allied leaders meet in Lithuania on July 11-12, but Turkey and Hungary have yet to endorse the move. All 31 member countries must ratify a candidate’s accession protocol for it to join the trans-Atlantic alliance. Turkey’s government accuses Sweden of being too lenient on terror organizations and security threats, including militant Kurdish groups and people associated with a 2016 coup attempt. Hunga...

'Crunch' time in debt ceiling talks, as McCarthy and Biden reach for a deal with deadline looming

House Speaker Kevin McCarthy and debt ceiling negotiators have hit “crunch” time as they strain to make a deal with the White House to raise the nation's debt limit, avert default and cut federal spending WASHINGTON -- House Speaker Kevin McCarthy and his Republican debt negotiators hit “crunch” time Friday at the Capitol, straining to wrap up an agreement with President Joe Biden to curb federal spending and lift the nation's borrowing limit ahead of a fast-coming deadline. They hope to end weeks of frustrating talks and strike a deal by this weekend. Treasury says the government could start running out of money as soon as next Thursday, sending the U.S. into a potentially catastrophic default with economic spillover around the world. Anxious retirees and social service groups were among those making default contingency plans as lawmakers left town for the long holiday weekend. The next batch of Social Security checks are due to go out next week. “The world is watching,"...