Sweden set to join the Nato club
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 27 February 2024
⏱️ 11 minutes
🧾️ Download transcript
Summary
Sweden is set to become a Nato member, the UK Financial Conduct Authority is planning to name firms under investigation at a much earlier stage, and Microsoft has struck a deal with a French artificial intelligence start-up to broaden its involvement in the industry beyond OpenAI.
Mentioned in this podcast:
Sweden overcomes final hurdle to join Nato in historic shift
FCA plans to name firms under investigation in UK deterrence drive
Microsoft strikes deal with Mistral in push beyond OpenAI
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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Transcript
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| 0:00.0 | The UK's energy partner. |
| 0:06.0 | Learn more at equinore. |
| 0:10.0 | Good morning from the Financial Times. Today is Tuesday, February 27th, and this is your |
| 0:17.0 | FT news briefing. |
| 0:19.2 | NATO is on track to control the Baltic Sea and the UK's Financial Conduct Authority is |
| 0:24.8 | announcing a big change today. Plus Microsoft has invested a ton into open AI. |
| 0:30.9 | Now it's pouring money into a French artificial intelligence startup. |
| 0:36.0 | And I think this is definitely an effort from them also to show that there shouldn't be any |
| 0:40.0 | antitrust concerns, nothing to see here kind of thing. |
| 0:43.0 | I'm Mark Filipino and here's the news you need to start your day. Sweden has been neutral for centuries, but now it's becoming a member of NATO. |
| 1:00.0 | The country overcame the final hurdle to join the military alliance yesterday. |
| 1:05.0 | Hungary's parliament voted to approve the application after a lot of pressure from other |
| 1:09.3 | NATO countries. |
| 1:11.1 | Sweden's neighbor Finland also joined less than a year ago. |
| 1:14.0 | Here to talk to me about it now is the F.T.'s Nordic and Baltic Bureau Chief Richard Milm. |
| 1:19.0 | Hi Richard. |
| 1:20.0 | Hi Richard. Hi, I'm Mark. |
| 1:21.0 | All right, so just to me a favorite, remind us why Sweden wanted to join NATO in the first place. |
| 1:26.7 | Well it all dates back to Vladimir Putin's full scale invasion of Ukraine almost two years ago to the day. |
| 1:35.0 | Swede, as the same happened in neighbouring Finland, got rather scared when they saw |
| 1:40.0 | Russia invading a neighbor that didn't belong to NATO and sought the embrace of the collective |
| 1:47.2 | defense pledge, which means any attack on a member is treated as an attack on everybody in NATO. |
... |
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