Sweden's 'feminist' foreign policy risks billions in exports
Stockholm
SWEDEN'S new "feminist" foreign policy is winning the country praise for standing up for human rights. It could also end up costing exporters in the largest Nordic economy billions of kronor in lost sales.
After pledging to make women's rights the cornerstone of its foreign policy, the new Social Democrat-led government now finds itself in a crisis with Saudi Arabia and the Arab League after cancelling a decade-old military cooperation agreement.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
US mulls first green-bond sales to tap a US$2.6 trillion market
US factory activity shrinks with price gauge highest since 2022
Hong Kong faces uphill battle to lure back Chinese tourists
Weak yen boosts tourist wallets in Japan
Gas prices are putting Washington’s boldest climate policy at risk
India collects record 2.10 trillion rupees as goods and services tax in April