Investing in Sweden

Swedish Economy to Outperform Euro Area on Rate Cuts, UBS Says

Bloomberg Jul 3

Sweden’s economy will recover faster than the euro area after policy makers responded to the economic crisis with deeper interest-rate cuts and bigger stimulus measures, according to UBS Ltd. economist Sunil Kapadia.

Negative Interest Rates on Bank Deposits in Sweden

Gold Versus Paper Jul 3

src="http://pagead2.googlesyndication.com/pagead/show_ads.js">Finally, the stupidity and bizarre nature of a fiat currency system is being laid out in obvious detail and easy to understand terms thanks to Sweden's central bank. This is big,

Middle-Aged Widows Have Highest Dementia Risk, Research Shows

Bloomberg Jul 3

People over 50 who suffer from negative emotions and disruption when they lose their partners have the highest risk of developing Alzheimer’s disease, according to a study published in the British Medical Journal.

Sweden’s Central Bank Cuts Key Rate to Record 0.25%

Bloomberg Jul 2

(Update2) Sweden’s Riksbank unexpectedly cut the benchmark interest rate to a record low 0.25 percent, predicting the rate will hold at that level until autumn next year, and said it will offer a financial package to banks.

[$] Sweden rides to defence of hedge funds

Financial Times Jul 1

Sweden, the new holder of the EU presidency, came to the defence of hedge funds and private equity, saying it did not blame them for the financial crisis and would press for improvements in EU proposals to regulate them

[$] Sweden warns EU of further pain

Financial Times Jun 30

The European Union's financial sector faces potential losses so large that the bloc's governments cannot afford the risk of borrowing more money to boost Europe's economy, says Fredrik Reinfeldt, Sweden's prime minister

Challenges Loom for Sweden’s E.U. Presidency

New York Times Jun 30

A portfolio of thorny issues awaits the leadership of the European Union, the world’s largest trading bloc. Chief among them is the fate of the Lisbon Treaty.

Geely, others still eye Volvo cars takeover: source

Reuters Jun 30

China's Beijing Automotive Industry Holding Corp (BAIC), rival Geely, and at least one "Western industrial group" remain interested in Ford Motor Co's Volvo car unit, a person close to the situation said on Tuesday.

[$] Sweden's Global Gaming to buy The Pirate Bay

Financial Times Jun 30

Swedish software company Global Gaming Factory agrees $7.7m deal to buy The Pirate Bay, the free file-sharing website at the centre of a notorious court case

SKF to Cut 900 More Jobs, Extending Cost Savings Plan

Bloomberg Jun 30

(Update1) SKF AB, the world’s biggest maker of bearings, said it will cut 900 more jobs globally and close a French plant as it lowers output to match falling demand.

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