Sweden Rearming for Potential Conflict with Russia
Sweden plans massive defense spending increase, aiming for 3.5% of GDP by 2035, to reduce dependence on US and prepare for potential conflict with Russia.
Sweden to provide three warships to NATO's Baltic Sea presence, aiming to protect against sabotage of infrastructure. This marks Sweden's first contribution as a NATO ally.
Swedish banks are strengthening security measures and adjusting product offerings to combat rising fraud by organized crime rings targeting digital banking.
JPMorgan: Crypto Market Structure Act likely to pass mid-year
JPMorgan predicts the Crypto Market Structure Act will likely pass by mid-2026, potentially transforming the crypto market and attracting institutional investors.