Highlights from this week’s NATO summit


The annual NATO summit wrapped up on Wednesday, amid a flurry of photo ops and eager hand-shaking. Leaders from 37 countries + the EU attended the conference in Latvia, including almost-member Sweden, plus non-members Australia, Japan, New Zealand, Georgia, South Korea and Ukraine.

Although brief, the two-day summit was pretty eventful:

  • 🇸🇪Turkey finally let Sweden join, though President Erdoğan is now saying Turkey’s lawmakers won’t be able to rubber-stamp it all until they’re back from break in October (gotta love that work-life balance).
  • 🇺🇦 Ukraine was frustrated by NATO’s reluctance to provide a firm timeline for its accession, so President Zelensky fired off a rather fiery tweet which reportedly left the US delegation furious.
  • 📢And the summit’s epic 11,000 word statement devoted plenty of text to Russia (the region’s “most significant and direct threat”) and China (due to its “stated ambitions and coercive policies”). NATO has become pretty direct in calling out adversaries in recent years.

Intrigue’s take: The alliance has an ‘open door’ policy, but that doesn’t mean you walk in like it’s a Walmart. Ukraine’s biggest (though not only) hurdle is the fact it’s at war with a nuclear power right now; and NATO members don’t want to take on a treaty obligation to enter that war directly.

So for now, NATO is supporting Ukraine in other ways. And notwithstanding some summit fireworks this week, that pledge still looks pretty rock solid.

Also worth noting:

Latest Author Articles
The OECD is cautiously optimistic

Today we’re doing what we do best: wading through 200-something pages of turgid prose and acronyms to get you what you need to know.

3 May, 2024
KFC closes Malaysian stores amid Israel boycott

The Malaysian operator of fast food giant Kentucky Fried Chicken (KFC) announced on Monday it was temporarily closing outlets across the country, citing “challenging economic conditions”. Local media then said the quiet bit out loud: 100 or so KFC outlets are closing in Malaysia due to an ongoing boycott.

1 May, 2024
World’s biggest miner launches bid to become copper super-producer

Australia’s BHP, the world’s largest mining company, wants to get just a little bit larger. Yesterday (Thursday) the firm announced it had made a $39B bid for one of its main competitors, London-listed Anglo American.

26 April, 2024
Tesla, BYD and the race for global EV dominance

Not many companies can issue a recall on their latest product, lay off 10% of their workforce, report a 9% drop in revenue, and still somehow ride a 13% bump in share price. But that’s what US EV-maker Tesla has just done.

25 April, 2024