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- Lundin Petroleum AB and partners drill second dry well in Sudan
Swedish oil company Lundin Petroleum AB (OMX Stockholm:LUPE) announced on Thursday (8 May) that it has failed to find hydrocarbon in the Wan Machar-1 exploration well in the southern Muglad Basin in Block 5B, Sudan. The well, which will be plugged and
- Gotland: Sweden's Baltic beauty
If you?re looking for an island paradise there?s no need to travel to the other side of the world. Just a few hours? ferry ride from Stockholm, the island of Gotland has it all, writes René Rice. Take a break: Gothenburg's Archipelago (24 Apr 08)
- Red Wings roll past Stars 4-1 in West finals opener
(AP)
AP - Johan Franzen, Brian Rafalski and Tomas Holmstrom scored power-play goals for the Detroit Red Wings, who built a big lead in the second period and coasted to a 4-1 win over the Dallas Stars in Game 1 of the Western Conference finals on Thursday night.
- Rice to visit Sweden for Iraq conference
US Secretary of State Condoleezza Rice will visit Sweden and Iceland from May 28th to May 30th, during which she will attend a UN conference on Iraq in the Swedish capital Stockholm, it was announced on Thursday. (27 Apr 08) (25 Apr 08) (18 Apr 08)
- Nash goals lifts Canada past Norway
HALIFAX, Nova Scotia (Reuters) - Rick Nash scored a third-period powerplay goal to lift defending champions Canada to a 2-1 win over Norway at the ice hockey world championships on Thursday. In contrast to Canada's struggles, Olympic champions Sweden got
- Sweden shocked
HALIFAX, Nova Scotia: Switzerland held on to shock Olympic champions Sweden 4-2 as the preliminary round of the ice hockey world championships ended with drama on and off the ice. The win moved the Swiss to the top of Group A with an unblemished record
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A military power during the 17th century, Sweden has not participated in any war in almost two centuries. An armed neutrality was preserved in both World Wars. Swedens long-successful economic formula of a capitalist system interlarded with substantial welfare elements has recently been undermined by high unemployment, rising maintenance costs, and a declining position in world markets. Indecision over the countrys role in the political and economic integration of Europe caused Sweden not to join the EU until 1995, and to forgo the introduction of the euro in 1999.
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