The Swedish government on Friday announced plans to allocate more than $160 million to further increase its military capabilities on a strategically important island in the Baltic Sea amid security threats from Russia over its likely NATO membership. Max Elger, the country’s minister for financial markets, told reporters the extra budget is to expand several…
Sweden to Strengthen Military Infrastructure in Baltic Sea Amid Tensions With Russia
Sweden’s Central Bank Raises Interest Rate to Hit Inflation
April 29, 2022
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STOCKHOLM—Sweden’s central bank on Thursday raised a key interest rate from zero to 0.25 percent, citing the highest inflation level since the 1990s. Riksbanken said there had been “unusually large fluctuations in inflation in Sweden” and the rise last year “was largely due to rapid increases in energy prices.” The Consumer Price Index for March…
Here’s Why No One Wants to Talk About Sweden
When, the summer before last, the results of the first Covid wave began to be tallied in the media, there were different ways of measuring the devastation. One way of looking at the pandemic was to focus on how many people died — more than half a million around the world by the end of…
Russia Warns of Nuclear Deployment Near Finland, Sweden Over Possible NATO Membership
Former Russian President Dmitry Medvedev on April 13 warned that the Baltic Sea region could no longer remain “nuclear-free” if Finland and Sweden join NATO. Medvedev, one of President Vladimir Putin’s closest allies who now serves as the deputy chairman of Russia’s Security Council, made the nuclear threat one day after Finnish Prime Minister Sanna Marin…
Finland Moves Toward NATO Membership Decision ‘Within Weeks’ Rather Than Months
Finnish Prime Minister Sanna Marin on Wednesday said Helsinki is moving toward a decision on applying to join the NATO military alliance “within weeks” and “not within months.” “I won’t give any kind of timetable when we will make our decisions, but I think it will happen quite fast, within weeks, not within months,” Marin said during…
NATO Chief Says Sweden, Finland Could ‘Easily Join’ Its Ranks If They Apply
If Finland and Sweden decide to apply for NATO membership, all allies of the defensive alliance would quickly welcome both Nordic countries, said NATO’s top civilian official. “It’s for them to decide of course, but if they apply, I expect that all allies will welcome them,” Jens Stoltenberg told a Wednesday news conference in Brussels….
Sweden to Offer Fourth COVID-19 Vaccine Jab to People Aged 65 and Above
STOCKHOLM—Sweden will give a fourth shot of COVID-19 vaccine to people aged 65 and above to boost their defenses against the disease, the health agency said on Monday. “For people aged 65 and over, it is now four months since the previous vaccine dose, and the protective effect of the vaccine diminishes over time,” the…
Facts Matter (March 29): Fauci Admits Natural Immunity, Says He’s Stepping Down Soon, Braces For Investigations
According to a new study that came out of Sweden, researchers have uncovered a piece of the puzzle that answers the question of why health care workers who took care of COVID-19 patients on a daily basis never contracted the virus themselves. And this study came at a very interesting time, one in which the…
2 Teachers Killed at Swedish High School, Suspect a Student
Two teachers were killed by a student at a high school in southern Sweden, police said Tuesday. The 18-year-old student was arrested at the scene on Monday in Malmo, Sweden’s third-largest city. The victims were two women in their 50s, police said. The suspect wasn’t previously known to the police and had no criminal record,…
Swedish PM Vows to Raise Military Spending Substantially
STOCKHOLM—Sweden’s defense needs to be increased significantly as Russia’s invasion of Ukraine has seen the security situation in Europe deteriorate, the government said on Thursday, vowing to raise military spending to 2 percent of GDP as soon as possible. “Today, we present a new initiative with a clear message to the Swedish people and to…
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