Long market interest rates are surging upwards across Europe, including in Sweden. This is bad news for those who have thought of taking out a fixed-rate mortgage. If they continue to rise, we will see higher long-term borrowing rates, absolutely, says Christina Sahlberg, savings economist at the comparison site Compricer.
BusinessGermany's election winner Friedrich Merz wants to unite Europe to achieve greater independence from a USA governed by Donald Trump. "For me, it is an absolute priority to strengthen Europe as soon as possible," he says in German TV.
World politicsBillions 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. No one knows what they plan to do with it.
WorldThe Competition Authority in China is preparing a formal investigation into iPhone manufacturer Apple's fees and handling of external apps in the App Store, according to the news agency Bloomberg. Apple's stock falls in futures trading on Wall Street following the reports.
BusinessA Chinese breakthrough in artificial intelligence (AI) – a successful budget version of an AI app from Deepseek – is shaking up the AI circles in the West. It appears to be a model that is just as effective as Open AI and significantly more energy- and cost-efficient. It's super interesting, says Lars Söderfjäll, equity manager at Ålandsbanken.
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