Economy

Gold price
Gold breaks dream limit of $5,000

The gold rush continues and overnight the precious metal passed $5,000 per ounce for the first time ever. The reason is still the White House's actions in the geopolitical arena, which has created a flight from the dollar and US Treasury securities to safer alternatives.

- This Trump administration has caused a permanent crack in the way things are done, and therefore everyone is now more or less running towards gold as the only alternative, says Kyle Rodda, analyst at Capital.com to Reuters.

Last year gold surged 65 percent and already in the first month of this year the price has risen by more than 15 percent. Many are of the opinion that it will continue.

- We expect continued upside. Our forecast is that the price will peak at $5,500 later this year, says Philip Newman, director at Metal Focus to Reuters.

Tariff crisis  Trump's tariff policy
Carney on punitive tariffs: Are a negotiating tactic

Canada has no intention of concluding a free trade agreement with China. This is what Prime Minister Mark Carney says after US President Donald Trump threatened to impose punitive tariffs of 100 percent against the country, Reuters reports. Canada is honoring its commitments under the USMCA trade agreement between Canada, the United States and Mexico, he tells reporters.

Carney also says that the review of USMCA that is expected to take place later this year will be thorough and that some of Trump's statements in recent days should be seen in the light of those negotiations, Reuters writes.

- The president is a strong negotiator, and I think some of these statements and positions should be seen in a broader context, Carney says, according to the news agency. 

The tariff crisis Canada-US relations
China: Canada agreement not directed at third countries

China and Canada's possible trade agreement is not directed at any third country, according to China's Foreign Ministry. This is reported by Reuters.

The statement comes after the US yesterday threatened Canada with 100 percent punitive tariffs if the country goes through with its trade agreement with China. According to US Treasury Secretary Scott Bessent, the aim is to avoid Canada becoming a port of entry for goods from China. 

Swedish debts
Swedish debts increased by 44 million a day in 2025

The Swedish debt mountain continues to increase. The total debt is now 154 billion kronor, an increase of 76 percent in five years, writes TT.

Last year, the debt increased by 16 billion kronor, or 44 million kronor a day. In addition, 450,000 Swedes were in debt with the Swedish Enforcement Authority at the turn of the year.

– It will be a lesson for us: It is time to pull the handbrake, stop living beyond our means and create the financial margins that you must have in case something happens, says Davor Vuleta at the Swedish Enforcement Authority to TT.