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Tag Archives: bloomberg.com

Sweden’s Currency Selloff May Be About to Save the Central Bank

As Sweden’s krona plunges to its lowest point since the financial crisis, the central bank may finally get the economic setting it needs to start raising interest rates. By – Amanda Billner & Rafaela Lindeberg Riksbank Governor Stefan Ingves and his colleagues will be watching the exchange rate closely when they meet this week to discuss monetary policy in the ...

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Swedish Krona at Crisis Levels 11 Days Before Historic Election

The Swedish currency is trading at levels not seen since the global financial crisis as the Nordic country girds for an historic election that has the potential to dramatically change its political landscape. By – Love Liman The krona fell for a fifth day against the euro on Wednesday, after hitting its weakest level in more than nine years. The decline ...

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Sweden Faces Historic Upset in Election

Viking rock music and whole pigs roasting on spits drew thousands of Swedes to a festival hosted by nationalists poised to deliver their country’s biggest political upheaval in a century. By – Amanda Billner  The Sweden Democrats have been led since 2005 by a clean-cut and bespectacled man, Jimmie Akesson. He’s gentrified a party that traces its roots back to the ...

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Sweden’s deadly rape stats for 2017 – The highest level in a decade

The final data from 2017 show that security in Sweden has been going the wrong way in recent years. The country has seen a continued rise in reported rapes, which increased 10 percent last year and are up 35 percent over the past 10 years. The number of reported rape cases was 73 per 100,000 citizens in 2017, up 24 percent in ...

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Sweden taking part at the ‘Arab Street’ intifada

It’s no surprise that U.S. President Donald Trump’s decision to recognize Jerusalem as Israel’s capital has sparked violence in the West Bank and Beirut, or even protests in far-flung Indonesia, which is majority Muslim. Via: Noah Feldman  But Sweden? Yet the western Swedish city of Gothenburg, headquarters of Volvo Car AB, saw the firebombing of a synagogue on Friday. The same evening, demonstrators in Malmö, in ...

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Hungary Orders Spies to Target Soros ‘Empire’

Hungarian Prime Minister Viktor Orban renewed his assault on George Soros, instructing his intelligence services to map what he described as the networks run by the billionaire financier’s “empire” targeting his country. Via: Andras Gergely     Intelligence agencies will help evaluate what he sees as efforts by Soros to get Hungary punished by EU institutions pursuing a “mixed-population” continent, Orban ...

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Rattled by Russia, Sweden to Bring Back Conscription

Sweden plans to bring back military conscription to counter Russia’s military buildup in the Baltic Sea, in a move that underscores how tensions are mounting along Europe’s borders with the nuclear superpower.  Via: bloomberg.com The decision by the government in Stockholm means that some 13,000 young men and women born from 1999 onward will be called for enrollment from July 1, ...

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