Search Results for: sweden

Sweden to officially recognise State of Palestine

Stefan Lofven Sweden

Sweden’s newly-formed center-left government is set to recognize Palestine as a sovereign state, said Prime Minister Stefan Lofven. If Stockholm proceeds with the move it will be the first EU-member to officially endorse Palestinian statehood. “The conflict between Israel can only be solved with a two-state solution, negotiated in accordance …

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Sweden to go cashless in 5 years

Sweden cashless society money currency

Sweden could very well be the first country to one day go totally cash-free. In fact, the Scandanavian country is well on its way, according to a new report from the New York Times. The country already has many banks that no longer dispense or take cash. But there may be issues brewing …

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Sweden shifting to a 6-hour work day

Happy workplace

Despite research telling us it’s a really bad idea, many of us end up working 50-hour weeks or more because we think we’ll get more done and reap the benefits later. And according to a study published last month involving 600,000 people, those of us who clock up a 55-hour week will have a …

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Sweden aims to be cashless society

With just three per cent of all financial transactions involving cash, country moves to eliminate physical legal tender. Swedes are among the technologically savvy people on the planet, based on their high rates of use of mobile phones and internet banking. In fact, only three per cent of all financial …

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Sweden cuts rates below zero, launches QE

Sweden

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 further action …

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Crisis spreads to China, Australia, Brazil, Canada, Sweden

Financial crisis

Earlier today, we posted an excerpt from IceCap Asset Management’s latest letter to investors focusing on the farce that is the Greek bailout #3. Which can be summarized simply by the following table… … and Keith Dicker’s assessment which was that “for Greece, it’s mathematically impossible to repay its debt” and that …

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Pirate Bay co-founder in solitary confinement in Sweden

Gottfrid Svartholm Warg The Pirate Bay

Sweden has The Pirate Bay founder Gottfrid Svartholm in solitary confinement, locked up for 23 hours a day, says his mother. Svartholm was convicted of helping people to break copyright law by creating and running the file sharing website. Two months ago, he was arrested in the Cambodian capital Phnom …

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UK police’s plans to arrest Assange revealed

British police Assange

The British police’s plans for arresting WikiLeaks founder Julian Assange in case he leaves the Ecuadorean embassy in London have been revealed after a police officer accidentally let slip the plans. A British police officer’s handwritten document marked “restricted” and “decision – supporting rationale” was photographed outside Ecuador’s embassy in …

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No DNA link to Assange in condom central to sex assault case

A ripped condom given to Swedish police by one of Julian Assange’s accusers does not contain the WikiLeaks founder’s DNA, forensic scientists have reportedly found. In a 100-page document shown to Assange’s lawyers, it was revealed that the torn prophylactic, having been examined by staff at two forensic laboratories, did …

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Assange to break silence as more countries rally behind Ecuador

As Julian Assange prepares to give his first public statement in months, London police are on high alert demanding the IDs of all persons visiting his diplomatic hideout. Ecuador says the threat that the UK will raid its embassy “still stands.” “Julian Assange has always fought for justice”, Assange’s lawyer Baltazar …

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The Declining West: Tragedy or Comedy?

During the Vietnam War, Sweden was an independent country with a moral conscience, and Sweden gave sanctuary to US war protestors who refused the draft. Washington realized the cost to itself and purchased the Swedish government in order to prevent a reoccurrence of moral conscience on the part of any …

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The photo that proves Assange is innocent

Julian Assange innocent photo

It seems an unremarkable image: a group of friends smiling broadly. But this is the photograph Julian Assange hopes will clear his name. The face of the woman on the left has been obscured for legal reasons. For although she is seen beaming, she would later tell police that 48 …

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UN rules in favour of Julian Assange

Julian Assange UN rules in favour

A United Nations panel which was considering a case by Julian Assange that he had been unlawfully detained by the UK and Sweden has ruled in his favour, the BBC has reported. The founder of Wikileaks — who has been living in London’s Ecuadorian embassy since 2012 to avoid extradition to Sweden for …

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Assange: ‘Google is a privatised version of the NSA’

Assange Google is NSA

WikiLeaks founder Julian Assange equated Google with the National Security Agency and GCHQ, saying the tech giant has become “a privatized version of the NSA,” as it collects, stores, and indexes people’s data. He made his remarks to BBC and Sky News. “Google’s business model is the spy. It makes …

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US Intelligence Director James Clapper lies to congress again

US Intelligence Director James Clapper lies under oath

Just as the first casualty of war is said to be the truth, the first casualty of the new Cold War is irony. Our most prominent journalists seem to have missed the Orwellian irony of Sen. John McCain (R-Ariz.) asking Director of National Intelligence (DNI) James Clapper at Friday’s Senate hearings if Julian Assange …

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