The Swedish krona (SEK) experienced a decline against the US Dollar (USD) early on May 12, trading at approximately 0.1080 SEK/USD after an overnight drop in Asian markets.

Link: https://www.dn.se/ekonomi/svenska-kronan-tappar-i-nattens-handel/

The Moderate Party announced a proposal for a significant tax reduction aimed at increasing the disposable income of working families by 5,000 Swedish kronor per month

Link: https://www.svt.se/nyheter/inrikes/moderaterna-lagga-fram-nya-familjepolitiken

Prime Minister Ulf Kristersson is facing sharp criticism from opposition leaders following reports suggesting he lacked knowledge regarding key security intelligence developments

Link: https://www.expressen.se/nyheter/kristersson-anklagas-for-okunnighet-i-kris/

A Danish politician proposed new initiatives to actively recruit unemployed workers from Sweden's southern Skåne region to address acute labor shortages across the Øresund Strait

Link: https://www.aftonbladet.se/ekonomi/danmark-jagar-svensk-arbetskraft

Keep showing up, keep cheering each other on — and as always, be happy! 🏃‍♂️

The Morning Expat Team