Economy

Not All Swedish Households to Receive Government Electricity Support, Reports Say

According to reports from Expressen cited by local media, not all Swedish households will receive the government's electricity support intended to alleviate the economic burden from winter's high elec...

A modern convenience store with shelves stocked with various products and a fruit display in the center. The store has a clean, organized layout with a counter and a screen mounted on the wall.

Economy

Sweden cuts food VAT to 6% in temporary government move

The Swedish government has decided to temporarily reduce the VAT on food from 12% to 6%. The change is already noticeable in Hemavan, where Norwegians are shopping extra ahead of Easter, with items li...

Economy

Iran and Oman Negotiate Strait of Hormuz Agreement, Markets React Positively

Iran and Oman are reportedly sketching an agreement to increase ship traffic through the strategic Strait of Hormuz, according to reports from the Iranian state news agency IRNA cited by CNBC. The dev...

Economy

US Markets Recover After Initial Drop Following Trump's Iran Threat

US stock markets experienced volatility on April 2, 2026, following President Donald Trump's overnight statement threatening to bomb Iran "back to the Stone Age." The markets initially fell sharply as...

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