Time to 'break deadlock' on climate change
UNITED NATIONS (AFP) - Swedish Prime Minister Fredrik Reinfeldt, whose country currently chairs the European Union, told a climate change summit here Tuesday that it was time to break the deadlock in talks for a new global warming deal.
"We are only 76 days from the Copenhagen meeting, but the negotiations are going far too slow and they are still lacking real progress. We are close to a deadlock," he told leaders of some 100 nations attending the gathering.
"Our job is to break the deadlock," he added, urging his peers to "give clear political guidance to the negotiating process."
The mid-December meeting in the Danish capital aims to set down action for curbing heat-trapping carbon emissions beyond 2012, when the current provisions of the Kyoto Protocol run out.
"Frankly, there is no other option than a successful outcome in Copenhagen. Action is long overdue," Reinfeldt said.
| • SIGN UP FOR FREE NEWSLETTER • ALL BREAKING NEWS ON TWITTER |
Last Updated (Wednesday, 23 September 2009 06:11)
Volvo Cars gains market shares
Despite desperate times for the auto industry, Ford’s Sweden-based Volvo Cars managed to increase sales and nick market shares.
Swedish PR industry is a sacred cow
"The once-strong public relations industry is losing ground to an even stronger advertising industry", writes author and communication consultants Stefan Engeseth.
Swedish crime author's partner offered €2 million
The family of Stieg Larsson, the author who died before his "Millennium" trilogy became a cult hit worldwide, has offered Larsson's partner a settlement to end a dispute.
Swedish stocks will continue to increase
STOCK MARKET – Three out of four companies on the Stockholm exchange have reported better-than-expected earnings and analysts believe in continued growth.
Sweden to crack down on SMS loans
The Swedish government will crack down on highly popular youth-targeted SMS loans, as the left-wing opposition demanded a total ban on the loans to minors.
Sweden to build new nuclear plants
State-owned energy giant Vattenfall plans to build new nuclear reactors in Sweden.
Denmark's PM: Climate summit will fail
It's not possible to reach a legally binding international agreement at the UN Climate summit, Danish Prime Minister said.
• Denmark warns of Copenhagen fiasco • Sweden tells US to step up on climate change • Reinfeldt 'very worried' on climate negotiations • Time to 'break deadlock' on climate change • Environment talks with US "progressing slowly"
Swedish fund investors turn to emerging markets
Swedish fund investors turn to emerging markets, such as Russia, Brazil and Latin America, as risk appetite swells.
Volvo's image at risk in Chinese hands
Geely Automobile will face the tough challenge of ensuring Volvo Cars reputation for safety, analysts warned.
• China's Geely is 'preferred bidder' in Volvo sale
• Reinfeldt wants Volvo jobs to stay in Sweden
SAS’ plan to swing back into profit
Scandinavian airline SAS Group knows how to swing the company back into profit – it's just to copy a Norwegian competitor.
Estonia will repay crisis Swedbank loan
Estonia revealed on Thursday that it would repay a 50-million-euro crisis bank loan from Swedish bank Swedbank.
Iceland: 'Thank you IMF'
Iceland welcomed a decision by the International Monetary Fund to release the second installment of a loan to aid its economic recovery.
ABB warns of uncertain outlook after profit gain
Swedish-Swiss engineering group ABB swelled its third quarter net profit but warned that the outlook into 2010 was "uncertain."
Reinfeldt wants Volvo jobs to stay in Sweden
Sweden's Prime Minister welcomes Chinese Geely Automobile as "preferred bidder" for Volvo – but wants the jobs to stay in Sweden.
'We will not pay the bill for the crisis'
"It is not acceptable to have a situation where industrial workers once again have to pay the bill for the crisis", writes Stefan Löfven, President of the Swedish industrial workers' union IF Metall, ahead of the negotiations on new national collective agreements.
China's Geely is 'preferred bidder' in Volvo sale
Although China's carmaker Geely is Ford's first choice in the sale of Volvo, rival bidder Konsortium Jakob "will not give up".
Norway first in Europe to hike interest rates
Norway on Wednesday became the first European country to raise interest rates this year in the global financial crisis.
Greenpeace dumps coal at Swedish govt offices
Watch the film: Environmental activists dumps 18 tonnes of German coal outside Sweden's government offices.
Upbeat signals from the Swedish banks
Although economic uncertainties remain high for Swedish banks, overall risk levels have gone down and loan losses are stabilizing.
• Nordea sees higher profit after strong quarter
• Handelsbanken reports quarterly profit setback
Telia facing more trouble in the Baltics
Swedish telecom operator TeliaSonera holds its forecast for the year despite tough trading conditions in Baltic countries.
• Ericsson hit by tough market conditions
• Nokia posts first quarterly loss in a decade






















