Clear signals of future interest rate hikes from the European Central Bank (ECB) or an unexpectedly high US inflation figure could eventually push up mortgage rates in Sweden. A first step could be for the Swedish Central Bank, in two weeks, to signal an interest rate hike later this year.
BusinessAugust 2026 is - together with July 2023 - the warmest month ever measured, according to the EU's climate service Copernicus. The weather phenomenon El Niño is expected to further heat things up during the autumn and into next year. It is very likely that next year will be the warmest ever observed, says Professor Erik Kjellström.
SwedenThe European Space Agency (ESA) wants to become less dependent on the US and eventually send its own astronauts to the moon. Our first priority is to develop the capacity for manned spaceflight, says Director General Josef Aschbacher.
SwedenTwo years ago, Maja Stark and Linn Grant played together in the Solheim Cup. Now there is a lot of talk about a reunion. "I try not to have too many expectations about whether we will play together," says Grant.
SportsNew EU rules are proposed to make it easier for European countries to restrict short-term rental of homes.
BusinessGoogle is investing 13 billion euros in new AI capacity and clean energy in Finland. It will be the IT giant's "largest single investment in Europe, and a testament to Finland's leadership in responsibly building AI infrastructure," the company writes.
TechnologyRising oil prices are causing fears of inflation to spread through the Stockholm Stock Exchange. The broad OMXS index fell 1.4 percent on Wednesday.
BusinessThe Kremlin says Russian President Vladimir Putin told US President Donald Trump that he has "no aggressive plans" toward Europe in a conversation.
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