Tag: Sweden

Snow brings parts of Europe to standstill

Heavy snowfalls brought chaos to parts of Germany and Sweden on Friday, leaving roads blocked, trains halted and schools shut. The Red Cross helped drivers stuck on a motorway in the southern German state of Bavaria and a nine-year-old boy was killed by a falling tree. The front of a […]

Child marriage brochure prompts outrage in Sweden

A Swedish leaflet about child marriage has been withdrawn after it sparked outrage. The document outlines the illegality of underage marriage in Sweden, but many assumed it was condoning it instead. The brochure was produced by Sweden’s National Board of Health and Welfare (Socialstyrelsen) and aimed at people arriving […]

Finland ‘Bombs’ Mysterious Underwater Object Near Capital

The Finnish military fired underwater charges on a mysterious underwater object which it believes to be a submarine in the waters near its capital on Tuesday. In October, Finland’s neighbor Sweden accused Russia of operating a submarine in its territorial waters. An investigation by Sweden’s military found that the […]

Sweden cuts rates below zero as global currency wars spread

http://www.telegraph.co.uk/finance/economics/11408950/Sweden-cuts-rates-below-zero-as-global-currency-wars-spread.html Sweden has cut interest rates below zero and launched quantitative easing to fight deflation, becoming the latest Scandinavian state to join Europe’s escalating currency wars. The Riksbank caught markets by surprise, reducing the benchmark lending rate to minus 0.10pc and unveiled its first asset purchases, vowing to take […]