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Dousa: EU-US Customs Deal Not Ideal, Sweden Seeks More Reductions
Business News

Dousa: EU-US Customs Deal Not Ideal, Sweden Seeks More Reductions

Sweden will drive on to have more goods covered by lower customs duties, says Minister for Foreign Trade Benjamin Dousa (The Moderate Party). The agreement is not entirely clear – among other things, medicines are not included in the customs agreement
Households Show Increased Optimism in Economic Outlook
Business News

Households Show Increased Optimism in Economic Outlook

Households have become significantly more optimistic when it comes to their own economy, according to the government's National Institute of Economic Research (KI). The turnaround we have been waiting for may be on the way, says Jens Magnusson, chief economist at SEB
EU to Reduce Ukraine Support Over Unmet Reform Targets
World News

EU to Reduce Ukraine Support Over Unmet Reform Targets

The EU will for the first time reduce support to Ukraine from its war fund, after Kyiv has not lived up to the conditions, announces the EU Commission.
Netherlands Bans Israeli Ministers Smotrich and Ben-Gvir
World News

Netherlands Bans Israeli Ministers Smotrich and Ben-Gvir

The Netherlands bans Israel's far-right Finance Minister Bezalel Smotrich and the ultra-nationalist Security Minister Itamar Ben-Gvir.
US and China Discuss Extending Tariff Pause Amid Uncertainty
Business NewsTop News

US and China Discuss Extending Tariff Pause Amid Uncertainty

USA and China have agreed to extend the countries' tariff pause. Says China
US Considers High Tariffs on EU Pharmaceuticals
Business News

US Considers High Tariffs on EU Pharmaceuticals

USA's Minister of Trade Howard Lutnick says that there is still no agreement on tariffs on medicines with the EU.
Le Pen's Party Repays EU 17 Million Kronor in Fraud Case
World News

Le Pen's Party Repays EU 17 Million Kronor in Fraud Case

The Far-Right Party National Rally has paid back nearly 17 million kronor to the EU. The money is a first installment after Marine Le Pen's party was convicted of embezzling nearly 40 million kronor in EU funds
EMA Backs New Injectable HIV Prevention Treatment
Sweden News

EMA Backs New Injectable HIV Prevention Treatment

A new treatment that is given as an injection to prevent HIV can soon be approved. The European Medicines Agency EMA has evaluated the medicine and is positive
Tesla Shares Rise 3% on $16.5 Billion Samsung Deal
Business News

Tesla Shares Rise 3% on $16.5 Billion Samsung Deal

Export Industry Remains Positive Despite High Tariffs
Business News

Export Industry Remains Positive Despite High Tariffs

The exact details of the trade agreement have not yet been made public. But the agreement means a temporary breathing pause in an economy that has been uncertain so far
Kristersson Calls EU-US Customs Agreement Both Sweet and Sour
Business News

Kristersson Calls EU-US Customs Agreement Both Sweet and Sour

Prime Minister Ulf Kristersson (The Moderate Party) says that he thinks "both and" about the customs agreement that was concluded between the EU and the USA on Sunday evening. There is really both sweet and sour in this agreement, he says
Kristersson Aims to Boost Global Trade Amid US-China Talks in Sweden
Sweden News

Kristersson Aims to Boost Global Trade Amid US-China Talks in Sweden

The Swedish government has its own meetings with both China and the USA, who are in place in Sweden for the major trade meeting. We do not go into exactly what we are talking about, but quite obviously we are talking about the Swedish importance that we attach to global trade, says Prime Minister Ulf Kristersson (The Moderate Party)
Stock Markets Rise as EU-US Trade Agreement Eases Uncertainty
Business News

Stock Markets Rise as EU-US Trade Agreement Eases Uncertainty

Despite the exact details of the trade agreement between the EU and the USA not being known, the stock exchanges have reacted positively. There is nothing positive about tariffs, but I still think this is something of a wet blanket being removed now, says Frida Bratt, savings economist at Nordnet
EU-US Customs Agreement Faces Criticism from European Leaders
Business News

EU-US Customs Agreement Faces Criticism from European Leaders

It has barely been a day since the USA and EU agreed on a new customs agreement. But already criticism of the agreement is coming from several directions within the EU
Turkey Forest Fires: 14 Dead, Thousands Evacuated Amid Heat Wave
World News

Turkey Forest Fires: 14 Dead, Thousands Evacuated Amid Heat Wave

In Turkey and several other countries by the Mediterranean, firefighters are battling forest fires at the same time as there is a heat wave.
USA and China Begin Trade Talks in Stockholm
Business NewsTop News

USA and China Begin Trade Talks in Stockholm

The Chinese and the American flag are raised outside Rosenbad ahead of today's trade meeting between the world's two largest economies. In the afternoon, China's and the USA's delegations arrived where they were met by Prime Minister Ulf Kristersson
Stockholm Stock Market Falls 0.7% After US-EU Tariff Deal
Business NewsTop News

Stockholm Stock Market Falls 0.7% After US-EU Tariff Deal

Sunday's customs agreement between the USA and EU was initially received positively by the Stockholm stock exchange on Monday morning. But at closing, the OMXS index had fallen by 0
EU and USA Sign Tariff Agreement, Marking a New Trade Era
Business News

EU and USA Sign Tariff Agreement, Marking a New Trade Era

The customs agreement that the EU and the USA have entered into means that we are now entering "a completely new era" – when one violates the WTO's principle of equal treatment, according to Per Altenberg, chief economist at the National Board of Trade. It was this situation that the principle was intended to prevent, he says
EU-USA Customs Agreement Offers Predictability but No Wealth Boost
Business News

EU-USA Customs Agreement Offers Predictability but No Wealth Boost

The customs agreement between the EU and the USA creates, according to Minister for Foreign Trade Benjamin Dousa (The Moderate Party), "some predictability" for Sweden's part. "This agreement makes no one richer, but is perhaps the least bad alternative", he says in a written comment to TT
EU-US Customs Agreement Eases Market Tensions but Uncertainty Persists
Business News

EU-US Customs Agreement Eases Market Tensions but Uncertainty Persists

The customs agreement between the EU and the USA will calm the market but the uncertainty will remain, believes SEB's senior economist Robert Bergqvist. I think there has been a tremendous pressure from the EU's 27 countries to pull away this wet blanket
USA and EU Finalize Comprehensive Customs and Trade Agreement
Business NewsTop News

USA and EU Finalize Comprehensive Customs and Trade Agreement

USA and EU are in agreement on American import duties of 15 percent on goods from EU, including cars. The union commits at the same time to invest in and buy energy from USA for thousands of billions of kronor
Israel Eases Gaza Aid Amid Acute Humanitarian Crisis, Expert Says
World News

Israel Eases Gaza Aid Amid Acute Humanitarian Crisis, Expert Says

After repeated alarms about impending mass starvation in the Gaza Strip, supplies began to be let in across the border on Sunday. At the same time, Israel announces that "tactical" local pauses are initiated in the fighting in densely populated areas
US Tariffs Could Cause Pharmaceutical Shortages in Sweden
Business News

US Tariffs Could Cause Pharmaceutical Shortages in Sweden

USA's president Donald Trump has flagged high tariffs on medicines. Something that worries the pharmaceutical companies
UK Enforces Stricter Online Age Verification for Porn Sites
World News

UK Enforces Stricter Online Age Verification for Porn Sites

United Kingdom introduces on Friday stricter rules regarding age control on the internet, reports BBC.
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