Sweden

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk expressed relief after a Swedish court ruled in favor of allowing the company to regain the supply of license plates otherwise blocked by postal workers. What Happened: “Thank you, Sweden!,” Musk wrote after a Swedish court ruled that the country...

The market share of electric vehicles continues to grow, hitting 15% globally earlier this year. Countries around the world and states in America have put forth bans on the sale of new internal combustion engine (ICE) vehicles in the future. A European city is taking things a step further. What...

Oatly Group AB (NASDAQ: OTLY) reported second-quarter FY23 sales growth of 10.13% year-on-year to $195.99 million, missing the consensus of $209.67 million. The increase was primarily driven by price increases implemented in EMEA primarily during the first quarter of 2023 and...

Hundreds of protesters stormed the Swedish embassy in central Baghdad, scaling its walls and setting it ablaze in protest against the expected burning of a Koran in Sweden, Reuters reports. Protesters’ Outrage: The demonstration was organized by supporters of Shi’ite cleric Muqtada Sadr...

The Joe Biden administration has announced its intention to proceed with the sale of F-16 jet fighters to Turkey, a decision that comes after Turkey’s president withdrew his objections to Sweden’s NATO membership. However, National-security adviser Jake Sullivan has firmly rejected any...

U.S. Senate Majority Leader Chuck Schumer, on Monday, said Sweden joining NATO "is good news in the fight against the forces of autocracy." What Happened: Turkey's President Recep Tayyip Erdogan agreed to support Sweden's long-delayed membership of NATO, paving the way for the Nordic country to...

The political landscape of the Western World is poised for a significant shift as Turkey’s President Recep Tayyip Erdoğan has voiced his support for Sweden’s bid to join the North Atlantic Treaty Organization. The announcement comes ahead of a summit of NATO leaders in Vilnius,...

In a recent phone call, U.S. President Joe Biden expressed his desire for Sweden to join NATO “as soon as possible,” discussing the matter with Turkish President Tayyip Erdogan. The call took place on Saturday, with both leaders agreeing to meet face-to-face at an upcoming NATO summit...

President Joe Biden is set to host Sweden’s Prime Minister Ulf Kristersson at the White House on Wednesday, demonstrating solidarity as the U.S. advocates for Sweden’s entry into NATO, AP News reports. Meeting Agenda The leaders will “review our growing security cooperation and...

The U.S. Secretary of State Antony Blinken said the President Joe Biden-led administration believes that Turkey should be provided with upgraded F-16 fighters "as soon as possible" as it woos Ankara to back Sweden’s NATO membership. What Happened: Blinken on Tuesday made the comments at a...

Tesla Inc (NASDAQ:TSLA) has commenced its first remote test drive hub in Europe, in Sweden. What Happened: “Our first remote test drive hub in Europe is now open in Örebro, Sweden,” Tesla Europe tweeted. Once you book an appointment online, you can go to the hub, call up Tesla and have...

The Finnish Parliament on Wednesday overwhelmingly passed all the legislation necessary for joining NATO amid growing security fears as Vladimir Putin‘s invasion of Ukraine intensifies. What Happened: Out of Finland's 200-member Parliament, 184 voted in favor of the Nordic nation joining NATO...

As Europe faces an energy crisis amid Vladimir Putin's war in Ukraine, Sweden is moving to bring legislation to allow the construction of more nuclear power stations in the country.  What Happened: Sweden’s Prime Minister Ulf Kristersson, on Wednesday, announced that the new proposed...

Federal Reserve Chairman Jerome Powell participated in a panel discussion on Tuesday morning about the independence of central banks at an event hosted by the Sveriges Riksbank, the central bank of Sweden. While Powell did not specifically address the policy outlook for the U.S., he emphasized...

The Russian foreign ministry alleged the Nord Stream pipeline ruptures that caused gas leaks over the Baltic Sea have occurred in an area that is “fully under control” of the U.S. intelligence agencies. What Happened: Four gas leaks on the damaged Nord Stream pipelines were discovered...