Latest Stockholm News
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More burned cars in Stockholm though violence seems to calm riots west of capital
STOCKHOLM - Police say that overnight violence in suburban districts of Stockholm was less intense than previous nights but as many as 25 cars had been burned. A police officer was slightly injured west of the Swedish capital. Stockholm police spokesman Kjell Lindgren said Saturday 19 people were detained on the sixth straight night of violence, but there had been no hurling of rocks against ...
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Swedish AP Funds’ Ethical Council releases 2008 report
The Ethical Council of Sweden’s First to Fourth AP Funds has reported on 2008’s progress in its engagement with companies suspected of violating the ethical guidelines which preside over the four Funds’ investments, with success in several cases. When the Ethical Council identifies a breach of convention, it often indicates that a company has failed to acknowledge ...
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Second Swedish Pension Fund takes huge tumble
The Second Swedish National Pension Fund/AP2 has recorded a sharp fall in its market worth for 2008, amounting to a return of -24 per cent on net assets. The return value, SEK -55.1bn, meant the Fund’s capital assets totalled SEK 173.3bn at the end of December 2008, and had a net inflow of SEK 0.9bn. The capital asset value was SEK 54.2bn lower than in 2007. The drop has been ...
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Swedish pension funds sell cluster-bomb holdings
Holdings in companies that market cluster weapons are to be sold by the Second Swedish National Pension Fund (AP2) and Forsta AP-fonden (AP1). The decisions have been made on the recommendation by the Ethical Council of the Swedish National Pension Funds, a convention endorsed by Sweden in May 2008, and the First to Fourth Swedish National Pension Funds have been advised to exclude ...
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Dim outlook for Nordic economies
Nordic countries are facing an economic slowdown as stronger inflation and higher interest rates begin to take their toll, says Nordic and Baltic financial services group, Nordea. Economists at Nordea have predicted that these sluggish economies will not pick up until 2010, and warned that there are clear signs that the unemployment rate will rise in the future. Nordea’s ...
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Operational risk top priority for Nordic funds
Reducing operational risk and increasing support for new products were among the key concerns for Nordic institutional investors surveyed as part of a recent White Paper published by BNY Mellon Asset Servicing. The ...
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Swedish pension fund pulls out of cluster bombs
Swedish pension fund AP7 will sell all its holdings in companies making cluster bombs and nuclear weapons. The move by AP7, one of seven state-owned pension funds in Sweden, means holdings in Airbus parent EADS and US-based Lockheed Martin Corp. and General Dynamics Corp. will be sold. AP7 manages pension savings worth around 90bn kroner (about $15bn). The move follows news in April ...
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Swedish companies avoid the red
Swedish pension companies were given favourable evaluations by The Swedish Financial Supervisory Authority, Finansinspektionen (FI), in the Q2 2007 traffic light report. No insurance companies received a red light during that period, while pension companies as a whole – including life insurance companies and occupational pension funds – showed a larger margin to the red light ...
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Swedens AP funds update
Sweden’s AP1 – one of the buffer funds assigned by the Swedish Parliament to manage the Swedish people’s pension funds – has posted strong performance figures in both absolute and relative terms for the first half of 2007. The Forsta AP-fonden, which manages assets with a value of SEK 221bn, reported a total return on net assets of 6.3%, which is equal to SEK 1.3 bn ...
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Fifth night of Stockholm rioting as US and UK issue travel warnings
A passerby checks out burn cars in the Stockholm suburb of Rinkeby after youths rioted in several different suburbs around Stockholm for a fifth consecutive ...
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Stockholm riots enter sixth night
Nearly a week of unrest, which spread briefly on Friday night to the medium-sized city of Oerebro 160km west of Stockholm, have put Sweden's reputation as an oasis of peace and harmony at risk. The unrest has also sparked a debate among Swedes over the integration of immigrants, many of whom arrived under the country's generous asylum policies, and who now make up about 15 per cent of ...
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World s most beautiful girls live in Stockholm Sweden
Traveler's Digest, a magazine for travelers, has made a list of countries and cities where world's most beautiful women live. Russia and its capital of Moscow do not take the last place on the list, although the country and the city can not be found on such lists as "the safest, most fashionable and pleasant country in the world to ...
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Sixth night of rioting in Stockholm
STOCKHOLM has experienced a sixth straight night of riots, with cars torched in several immigrant-dominated suburbs. Nearly a week of unrest, which spread briefly on Friday night to the medium-sized city of Oerebro 160km west of Stockholm, have put Sweden's reputation as an oasis of peace and harmony at risk. The unrest has also sparked a debate among Swedes over the integration of ...
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Rioting hits Stockholm after police shoot Portuguese immigrant
Rioting has occurred nightly in the suburbs of Stockholm, the Swedish capital, since last Sunday. As of Friday night, police had arrested 29 people and were calling in reinforcements from Gothenburg and Malm, the second- and third-largest cities in Sweden, respectively. The riots were touched off by the police killing of a 69-year-old Portuguese immigrant, who moved to Sweden over 30 years ago ...
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Riots spread outside Swedish capital
A bystander checks the debris around a row of burnt cars in the suburb of Rinkeby after youths rioted in several different suburbs around Stockholm May 23, 2013. (REUTERS/Fredrik Sandberg/Scanpix) STOCKHOLM – A nearly week-long spate of rioting spread outside Stockholm on Friday but authorities said police reinforcements sent to the Swedish capital had reduced the violence there, even ...
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Wait there are riots in Sweden
The riots, which have shattered Sweden's image abroad as a peaceful and egalitarian nation, have sparked a debate in Sweden about the assimilation of immigrants, who make up about 15 per cent of the population. ...
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Stockholm unrest may spread across Europe warns Red Cross chief
Speaking ahead of hosting the Champions League final tonight, the ITV presenter Adrian Chiles said that the biggest English clubs cannot match the vocal support produced by fans in other parts of Europe and appealed to clubs to consider lowering ticket ...
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Nanotechnology pioneer Heinrich Rohrer won the Nobel Prize
Heinrich Rohrer, who shared the 1986 Nobel Prize in Physics for inventing a microscope that made it possible to see individual atoms and move them around, an achievement that led to vastly faster computing and greatly advanced molecular biology, died May 16 in Wollerau, Switzerland. He was 79.His family said he had died of natural causes. Mr. Rohrer and his colleague Gerd Binnig introduced the ...
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Unemployment grim public housing fueling riots in Stockholm
When it comes to prolonged and virulent rioting, one thinks of countries steeped in debt and dissent such as Spain or Greece. But Sweden? That progressive idyll associated with high taxes, generous socialism and almost boring, Volvo-like stability?Facing a sixth night of mayhem, with disturbances spreading to 23 suburbs, police reinforcements poured into the capital from provincial districts on ...
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Stockholm Calms As Swedish Riots Spread
A bystander checks the debris around a row of burnt cars in the suburb of Rinkeby after youths rioted in several different suburbs around Stockholm May 23, 2013. Pic: Reuters/Fredrik Sandberg/Scanpix ...
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REFILE-UPDATE 2-Stockholm calmer but violence spreads outside Swedish capital
Fri May 24, 2013 8:32pm EDT By Ilze Filks and Mia Shanley STOCKHOLM May 24 (Reuters) - A nearly week-long spate of rioting spread outside Stockholm on Friday but authorities said police reinforcements sent to the Swedish capital had reduced the violence there, even though dozens of youths set cars and a recycling station ablaze. The rioting - set off earlier this month by the police shooting of ...
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Stockholm in relative calm after five nights of rioting
Stockholm were quieter late Friday after five consecutive nights of rioting that rocked the Swedish capital and shook the Scandinavian country's self-image as a tolerant, liberal ...
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Swedish police call in back-up after worst riots in years
Sweden Police in Stockholm called in reinforcements after rioters set cars and a school ablaze in a fifth night of rioting, described as the worst in years.About 30 cars have been torched and eight people, mostly aged in their early 20s, have been detained overnight.Police said they needed to call in extra back-up from the cities of Malmo and Gothenburg.The riots are mainly young people ...
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‘Lack of public debate on immigration caused Stockholm riots’
Employment Sweden should put its political correctness aside and start an open debate on immigration as it's the only way to avoid a repeat of the Stockholm riots, Mishra Mrutyuanjai, Swedish Democrats movement member, told RT. Stockholm is reeling as two schools, a police station and dozens of cars were set ablaze in the fifth night of riots.Twelve people were arrested as rioters and ...
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In Stockholms suburbs unemployment stokes unrest
Behind the well-kept lawns and flowerbeds of Husby, the immigrant-heavy Stockholm suburb where riots have raged for five straight nights, unemployment is fuelling despair among the young residents. Nearly a week of unrest across the Swedish capital has raised questions about the assimilation of immigrants, who dominate low-income neighbourhoods in the main cities and make up about 15 percent of ...
Sweden Feature
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Sweden remains committed to green goals
Sweden wants its national electricity grid to be entirely free of oil dependence by 2025 and recent developments in the offshore wind energy sector seem to be a step in the right direction.
Sweden is a country with a strong commitment to renewable energy and environmental sustainability. The national capital, Stockholm, despite being the largest city in the country and home to almost a quarter of the population, is one of the cleanest of all European capitals. Read more
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