What began as a series of reports from women in Cologne who said they were sexually assaulted by men of “Arab and North African origin” on New Year’s Eve has mushroomed into a full blown crisis that threatens to further undermine support for Angela Merkel’s open-door refugee policy on the way to fomenting social upheaval in Germany.
On Monday, the Riksbank said it would “instantly intervene” in the FX market in the event ongoing krona strength ends up imperiling Sweden’s inflation target.
Authored by Nick Cohen, originally posted at The Spectator,
Sweden’s feminist foreign minister has dared to tell the truth about Saudi Arabia. What happens now concerns us all
Margot Wallström’s principled stand deserves wide support. Betrayal seems more likely...
If the cries of ‘Je suis Charlie’ were sincere, the western world would be convulsed with worry and anger about the Wallström affair. It has all the ingredients for a clash-of-civilisations confrontation.
Submitted by Ingrid Carlqvist via The Gatestone Institute,
Some 30 Muslim men thought that the woman was in violation of Islamic sharia law, by being in Sweden unaccompanied by a man. They thought that she should therefore be raped and her teenage son killed.
It appears Swedish banks are falling over themselves to get rid of excess cash. We noted Swedish banks refusing to open bank accounts in September, and warned in October of a "giant wave of money" heading into Sweden thanks to the Riksbank-ECB policy divergence, and now, Swedish banks are paying each other to take cash off their balance sheets into year-end, as 1-week STIBOR crashes to -1.792%.
In other words, "reverse window-dressing" as no one wants to show a negative carry asset on their balance sheet.