NATO's Stoltenberg Welcomes Turkish President Erdogan's Signature Of Sweden's Accession Protocol, Referral To Turkish Parliament; Says Looks Forward To 'Speedy Vote' In Turkish Parliament To Ratify Swedish NATO Membership
Portfolio Pulse from Benzinga Newsdesk
NATO's Secretary General, Jens Stoltenberg, has welcomed Turkish President Erdogan's signature of Sweden's accession protocol and its referral to the Turkish Parliament. Stoltenberg looks forward to a 'speedy vote' in the Turkish Parliament to ratify Swedish NATO membership, which he believes will make the whole Alliance stronger and more secure.
October 23, 2023 | 4:11 pm
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POSITIVE IMPACT
The news may have a positive impact on TUR as it shows Turkey's active role in NATO, which could improve its international standing.
TUR tracks Turkish stocks and the news shows Turkey's active role in NATO, which could improve its international standing and potentially have a positive impact on its economy and stock market.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
The news may have a positive impact on VGK as it shows the strengthening of NATO, which could improve security in Europe.
VGK tracks European stocks and the news shows the strengthening of NATO, which could improve security in Europe and potentially have a positive impact on its economy and stock market.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
NEUTRAL IMPACT
The news may have a neutral impact on SPY as it is a broad-based ETF and the event does not directly affect the US economy or its companies.
SPY is a broad-based ETF that tracks the S&P 500. While geopolitical events can have an indirect impact, this specific event does not directly affect the US economy or its companies.
CONFIDENCE 80
IMPORTANCE 20
RELEVANCE 20