As the United States' first step towards giving its approval to Finland and Sweden's NATO membership bid, President Joe Biden sent to the Senate the protocols for the accession of the two Baltic countries to the defense alliance.
"I transmit herewith, for the advice and consent of the Senate to its ratification, the Protocols to the North Atlantic Treaty of 1949 on the Accession of the Republic of Finland and the Kingdom of Sweden," Biden said in a message to the Senate on Monday.
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Political News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.