Saturday, August 30, 2025

Polaris of Enlightenment

Swedish food giant Axfood reports strong operating profit

Published 13 July 2025
– By Editorial Staff
1 minute read

The Swedish food retail market continues to grow despite economic uncertainty. Axfood, one of the country’s largest players, reports profit growth of just over eleven percent for the second quarter and continues to gain market share from competitors.

Swedish consumers are spending increasingly larger amounts on food, and grocery chains are benefiting from this development. Axfood, which operates Willys, Hemköp and since November last year also City Gross, reports operating profit that rose 11.7 percent during the year’s second quarter compared to the same period in 2024.

The result exceeded financial analysts’ forecasts, while revenue growth of 9.3 percent fell slightly below market expectations. In total, the group had revenue of nearly €2.1 billion during the quarter.

Automation delivers lower costs

Behind the strong profitability development lie extensive investments in modern logistics solutions and automation. According to the company, the investments have led to improved efficiency and strengthened competitiveness.

Going forward, the efficiency measures are expected to generate cost savings of €7.3 million annually. Axfood simultaneously confirms its investment plans of €146-155 million during 2025 as well as the goal of opening 10-15 new stores.

Facts: Axfood

Axfood is controlled by the family company Axel Johnson AB, which owns 50.1 percent of the shares. Behind Axel Johnson AB stands the Ax:son Johnson family with Antonia Ax:son Johnson as the main owner, and since January this year the group has been led by Caroline Berg, who is Antonia's daughter.

The Axel Johnson Group, which has 150 years of history, owns in addition to Axfood also the IT company Dustin, restaurant wholesaler Martin & Servera, investment company Novax and industrial group Axel Johnson International. In total, the wholly and partially owned companies in the group have a turnover of around €13.8 billion and have approximately 27,000 employees.

TNT is truly independent!

We don’t have a billionaire owner, and our unique reader-funded model keeps us free from political or corporate influence. This means we can fearlessly report the facts and shine a light on the misdeeds of those in power.

Consider a donation to keep our independent journalism running…

Trump threatens new tariffs in retaliation for “discriminatory” tech taxes

Donald Trump's USA

Published 26 August 2025
– By Editorial Staff
President Trump defends Meta, Google and Amazon against foreign taxes and threatens US countermeasures.
2 minute read

Donald Trump warns of new tariffs and export controls against countries that he claims “discriminate” against American tech giants. The statement could escalate trade conflicts with both the United Kingdom and the EU.

In a post on his Truth Social platform on Monday evening, the president launched a harsh attack against “digital taxes, legislation, rules or regulations” and claimed that as president he intends to defend American companies against what he described as malicious attacks.

“As the President of the United States, I will stand up to Countries that attack our incredible American Tech Companies. Digital Taxes, Digital Services Legislation and Digital Markets Regulations are all designed to harm, or discriminate against, American Technology”, Trump wrote.

“They also, outrageously, give a complete pass to China’s largest Tech Companies. This must end, and end NOW!” he continued.

True to form, Trump uses his own social media platform to tell the world about his plans. Photo: facsimile/Donald Trump/Truth Social

According to analysts, the statement risks further deteriorating trade relations between the US, the United Kingdom and the EU.

“Flagrant attack”

Washington has long criticized the UK’s digital services tax, which despite American criticism was retained after an agreement with Trump’s previous administration. The US has also directed harsh criticism at the EU’s Digital Services Act, which places higher demands on large tech companies to control content on their platforms.

Several EU countries, including France, Italy and Spain, have had their own taxes of similar nature since before, reports Financial Times.

In June, Canada chose to scrap its digital services tax to pave the way for trade negotiations with the US. Trump had previously described the tax as a “direct and flagrant” attack. The British also considered changes to their tax, but ultimately managed to reach a trade agreement without making changes.

In the UK’s case, the tax is 2 percent and applies to companies like Alphabet, Meta and Amazon. It affects companies with global revenues over £500 million and is levied on parts of turnover exceeding £25 million in the country.

Swedes to cover Ukraine’s budget deficit

The war in Ukraine

Published 26 August 2025
– By Editorial Staff
Swedish Prime Minister Ulf Kristersson's government has long emphasized that continued support for Ukraine is Sweden's highest foreign policy priority.
3 minute read

Sweden opens its wallet once again for Ukraine as the government sends an additional €67 million directly to the Ukrainian state budget – money that Kiev can use freely to cover its growing budget deficit.

Sweden thereby becomes the first EU country to provide this type of direct support.

The decision was made by the Swedish government on Thursday and means that Swedish taxpayers will now finance the Ukrainian state treasury’s ongoing expenses. This comes in addition to the approximately €9 billion that Sweden has already sent to Ukraine since 2022.

In 2025 alone, Sweden plans to provide at least €4.3 billion in civilian and military aid to Ukraine – equivalent to 0.76 percent of Sweden’s GDP. To this is now added an additional €67 million in direct budget support.

Swedish Foreign Trade Minister Benjamin Dousa defends the extensive contributions and wants to see more European countries follow Sweden’s example, especially after the US has reduced its support.

— We will stand behind Ukraine through thick and thin for as long as needed, he promises in Schibsted-owned TV4 News.

Must not go to corruption

The new budget support will be channeled through the EU’s so-called Ukraine Facility, but Ukrainian authorities can decide for themselves how the €67 million should be used. According to Dousa, Sweden sets certain requirements, but the government does not want to go into details about these.

— We will always ensure that the money does not go to corruption and that Ukraine takes the reforms they are currently pursuing seriously and continues to become even more democratic and move even closer to the EU, the minister claims.

Dousa explains that Ukraine’s economic situation is under severe pressure after three years of war and describes the situation for next year as “very strained”, especially since American support has decreased.

— The economic situation, especially for next year, is very strained given that the US has withdrawn. Then we must be more countries that now step up and do even more for Ukraine. Partly this is an important signal to the rest of Europe to step up more, but also to Ukraine, the minister continues.

References Sweden’s security

The Swedish development aid minister claims that it is in Sweden’s own security interest to continue pumping billions into Ukraine. He repeats the mantra that “Ukraine is not only defending its own independence and freedom but all of Europe’s”.

— A Russian tank that is eliminated by Ukraine is one less tank that can drive into the Baltics, Finland or even into Sweden, he claims.

With the latest addition, Sweden’s total support to Ukraine approaches the €9 billion mark – a sum that will now grow further as Swedish tax money goes directly to covering holes in Kiev’s state budget.

The combined Western support to Ukraine approaches €360 billion since the war began. Despite the massive sums, Ukraine has not managed to achieve the military successes hoped for. At the same time as more and more voices now openly advocate diplomatic solutions and swift peace negotiations, both economic contributions and arms deliveries from the West continue.

Swedish postal service halts US deliveries amid regulatory uncertainty

Published 24 August 2025
– By Editorial Staff
Private individuals can still send gifts up to 100 dollars duty-free.
2 minute read

Package shipments from Sweden to the USA have now been stopped. PostNord, Sweden’s postal service, has been waiting for information from US customs authorities for almost two months – but for now deliveries are paused and packages are being returned to senders.

The decision follows the US’s tightened customs rules introduced this summer. The previous $800 limit for duty-free goods has been abolished for commercial shipments, but the exact rules for how packages should be handled remain unclear.

— This is worldwide and affects all countries. For PostNord, a smaller portion of our volumes is affected, but it is of course very important for those customers who previously sent goods duty-free, says Björn Bergman, communications director at the PostNord Group, to Swedish public broadcaster SVT.

According to Bergman, it is primarily small and medium-sized e-commerce companies that are affected by the halt. For private individuals there is an exception – they can still send gifts up to $100 duty-free.

PostNord does not want to specify how many shipments are affected by the decision.

— But every shipment is important for customers and consumers, of course, Bergman continues.

No information

The reason for pausing shipments is to avoid unnecessary transport. Without clear customs procedures, packages risk being sent back across the Atlantic immediately upon arrival.

It remains unclear when deliveries will resume.

PostNord has requested information from US authorities since June 30, but important details about the new customs procedures are still missing.

— We are working very closely with all postal operators in Europe to get all information from the US authorities about how we should clear customs. This is information we have requested since June 30, but we haven’t received the complete picture yet, explains the communications director.

Regular letter shipments without goods are not affected by the decision, nor are packages sent from the USA to Sweden.

Several postal companies follow suit

In addition to PostNord, Bring and DHL have also announced temporary halts for package deliveries to the USA.

According to Matilda Adelborg, press manager for Bring in Sweden and Denmark, no Nordic country is sending packages under the $800 limit to the USA because functioning solutions are lacking.

“Postal companies around the world are waiting for important clarifications from the customs authority in the USA, so that they can develop and implement the solutions required”, she writes in a comment.

DHL states in a press release that the new customs regulations come from the Trump administration and that postal companies from Scandinavia, Austria and Belgium have also paused their deliveries to the USA.

Record high unemployment among university graduates in Sweden

The destruction of the European economy

Published 20 August 2025
– By Editorial Staff
Unemployment among Swedish university graduates has increased by 55 percent in just two years.
2 minute read

Over 19,000 university graduates were unemployed in July, the highest figure in two decades. Unemployment among highly educated workers has increased by 55 percent in two years, and nothing suggests the trend will be broken, according to new statistics from Akademikernas a-kassa (the Swedish unemployment insurance fund for university graduates).

A total of 19,231 university graduates were unemployed in July, which is 826 more than the previous month. This is the highest figure in 20 years. Compared to July last year, the number of unemployed university graduates has increased by 17 percent.

— We are used to unemployment rising during the summer, so the increase is not really a surprise, but we are not used to having such high total figures, says Alexandra Oljans Ahlin, communications strategist at Akademikernas (the Swedish Confederation of Professional Associations).

The development has been particularly dramatic over the past two years. Since July 2023, unemployment among university graduates has increased by a full 55 percent – and it is expected to continue rising in the coming years as well.

— Right now we see no signs of a decrease. It will continue to be many people who need this financial security, says Oljans Ahlin.

Of the unemployed university graduates, 13,299 people received compensation from the unemployment insurance fund in July, an increase of almost 1,000 people in one month. An additional 5,932 people received compensation from Försäkringskassan (the Swedish Social Insurance Agency) for participating in labor market policy programs.

More trapped in long-term unemployment

A particularly worrying trend is that more and more university graduates are becoming trapped in long-term unemployment. In July, 5,230 people had been without work for more than a year – an increase of 24 percent compared to July last year. This means that more than every fourth unemployed university graduate is now long-term unemployed.

— Many members we talk to testify that it is difficult and takes a long time to get a new job, and the statistics unfortunately confirm this. Short periods of unemployment are rarely a problem, but when it becomes longer, it gets increasingly tough, she explains.

The rising unemployment is also visible in the unemployment fund’s payouts. In July, Akademikernas a-kassa paid out a total of €26.2 million in compensation, compared to €18.3 million in the same month last year.

The proportion of unemployed among university graduates now stands at 2.4 percent, which is 0.3 percentage points higher than a year ago. Akademikernas a-kassa has nearly 800,000 members in total.

Our independent journalism needs your support!
We appreciate all of your donations to keep us alive and running.

Our independent journalism needs your support!
Consider a donation.

You can donate any amount of your choosing, one-time payment or even monthly.
We appreciate all of your donations to keep us alive and running.

Dont miss another article!

Sign up for our newsletter today!

Take part of uncensored news – free from industry interests and political correctness from the Polaris of Enlightenment – every week.