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The future of the BRICS pact
Analysis: Erdogan wants his fingers in both jam jars

The fact that NATO country Turkey wants to join "NATO's opposite pole" BRICs makes many people raise their eyebrows, says SVT's Turkey correspondent Tomas Thorén in an analysis.

It does not violate NATO rules to be in both alliances, but many believe that a Turkish BRICS membership would signal that Ankara is not loyal to NATO.

- But according to Erdogan, it is perfectly fine to be part of both BRICS and NATO. It is even Turkey's strategy to stand with one foot in each camp and gain advantages, says Thorén.

In Foreign Policy, Jorge Heine writes that President Erdogan has had an unusual amount of quarreling with his allies in the West. He points to the obstruction of Swedish membership in NATO and Turkey's clear position against Israel in the Middle East conflict.

At the same time, Turkey has shown that the country is in a unique and very important position to negotiate between the West and the Global South.

"By applying for membership in Brics, Turkey is signaling that the West cannot take that role for granted," he writes.

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Boeing cuts
Breakdown loss for struggling Boeing: Six billion dollars

Troubled Boeing reports a $6 billion breakeven loss for the third quarter. It is the aircraft manufacturer's biggest loss since the pandemic brought the world's air traffic to a halt, writes CNBC.

"This is a big ship that will take time to turn around, but when it does, it has the capacity to be big again," said new CEO Kelly Ortberg in a message to employees in connection with the report.

The half-year comes during a stressful time for the aviation giant. Later today, approximately 30⁠ 000 striking workers will vote on a new contract proposal - which could end the expensive and long-lasting strike that, among other things, has caused Boeing to lose profits.

Both turnover and earnings per share came in line with estimates.