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Riksbank Plans Interest Rate Hike as Economic Outlook Dims
Never before have Swedish households seen the economic situation as bleak. No interest rate cut should be counted on either, according to the National Institute of Economic Research (KI).
Trump's Tariffs Prompt Chevron to Exit Venezuela Operations
President Donald Trump makes it clear that all trade with all countries that buy oil and gas from Venezuela will be subject to 25 percent tariffs in the USA. The American energy giant Chevron must now close its operations in the country.
Norway Weighs Costly Options for New NATO Air Command Site
It differs billions in costs between the two alternatives that Norway's government has to choose from for the establishment of a new air command for NATO, reports the newspaper Aftenposten. The question now lies with the Norwegian Ministry of Finance.
Dadgostar Urges Legislation to Tackle Soaring Food Prices in Sweden
The Left Party's party leader Nooshi Dadgostar says that the government needs to legislate if the food giants do not start lowering their prices. For example, introduce an excess profit tax so that the incentive to raise prices in this way does not exist, says Dadgostar at a demonstration against the food giants.
Sweden's Economy Faces Higher Unemployment Despite Growth Signs
The recovery will continue in 2025, according to a new forecast from the government. However, unemployment is expected to be higher than feared in the unexpectedly prolonged low-growth economy.
USA imposes sanctions on Foxtrot and Majid
The USA is introducing sanctions against the Foxtrot network and its wanted leader Rawa Majid. Minister of Justice Gunnar Strömmer (The Moderate Party) welcomes the announcement.
The Minister of Culture on the Booing: "Completely Natural"
Is it Parisa Liljestrands' (M) task to fight for culture in the government? Nothing could be more wrong according to the Minister of Culture. I think there is a preconceived notion that my role is to be the voice of culture in the government.
Swedish Film Industry Set for a Shake-Up with Bold New Funding Proposal
Eva Hamilton, chairperson of the Film and TV Producers, describes the film inquiry's proposal as more far-reaching than she had dared to hope: I am delighted and positively surprised by the radicalism in this inquiry, she says to TT. .
Sources: Musk wants access to taxpayer data
Elon Musk's so-called efficiency authority Doge wants to gain access to sensitive information about millions of American taxpayers. This reports the Washington Post, citing several sources with insight.
Whiz Kids and X-trolls: They're Wielding Musk's Axe
One dropout student who calls himself "Bigballs". A former SpaceX intern who, with AI, has managed to decipher an ancient document.
The Axe Falls in Washington: 75,000 Resign
Around 75,000 government employees have taken advantage of the Trump administration's offer to resign with retained salary until September. Trump advisor Elon Musk says that entire authorities must now be erased.
Trump: Stop manufacturing one-cent coins
The President of the USA, Donald Trump, announces that the American one-cent coins, so-called "pennies", will cease to be manufactured. "For far too long, the USA has minted pennies that literally cost us more than 2 cents.
Judge Blocks Musk's Access to Sensitive Systems
A federal judge has stopped Elon Musk's whitewash unit Dogecoin's access to sensitive information from the US Finance Department. .
Trump: Musk should review defense spending
The President of the USA, Donald Trump, says that he has asked his "efficiency tsar" Elon Musk to evaluate the Pentagon's expenses, which have a proposed budget for 2025 of 850 billion dollars. .
Punishes Iranian oil: "Cannot negotiate"
The USA is targeting new sanctions against Iran's vital oil exports. President Trump wants to negotiate a new "peace agreement".
Musk's access to sensitive payment systems slowed down
After harsh criticism and several lawsuits, Elon Musk's team's access to sensitive federal payment systems is being restricted – temporarily. Two of Musk's employees, however, will retain their clearance.
Now Musk has the money: "Can't get more dangerous"
Billions of dollars in government funds – and hundreds of millions of personal data – are now within reach for Elon Musk. Musk's team has gained access to federal payment systems in their pursuit of drastically cutting the state's expenditures.
Musk threatens USA's aid assistance: "Time to die"
The future for USA's aid organization USAID looks bleak after Elon Musk's new department gained access to its documents, and Musk himself has written that it's time for USAID to "die". .
Billionaires can get lower taxes
Sweden's richest venture capitalists have long been at odds with the Tax Authority over billions. On Tuesday, the government's investigator is expected to propose that the rules be changed in their favor.
Reporting the S-Leader to the Constitutional Committee
The Moderate Party reports S-leader Magdalena Andersson, formerly among others Finance Minister, to the Constitutional Committee (KU). The party believes that there are question marks surrounding the AP funds' investments in the crisis-stricken battery manufacturer Northvolt.
Loan Requirements on the Way: "Harder without Rich Parents"
A raised mortgage ceiling and easing of amortization requirements were proposed by the government's investigator last autumn. The idea is that, among other things, it will become easier for young people to enter the housing market.
Goran Persson on Feldt: "A great politician"
A legendary Social Democrat, the former Finance Minister Kjell-Olof Feldt, has passed away. The former Prime Minister Göran Persson (S) describes him as one of the Social Democrats' most important.
USA: Iranian and Russian actors attempted to influence election
The USA is imposing sanctions on two actors with ties to Russia's and Iran's attempts to influence the American election, announces the Finance Department. .
China on USA's cyber allegations: "Groundless"
Beijing hits back against accusations that a cyberattack on the US Finance Department was sponsored by the Chinese state. .
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Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
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