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Jacob Wallenberg calls for increased Swedish EU involvement

The globalist agenda

Published 29 May 2024
– By Editorial Staff
Jacob Wallenberg calls for "new free trade agreements" and for Sweden to consider adopting the euro.

The Chairman of Investors and the Confederation of Swedish Enterprise, Jacob Wallenberg, is now calling on Sweden to deepen its commitment to EU cooperation to strengthen the single market and promote free trade.

The Swedish oligarch also stresses “the need for a new discussion on the euro” and opposes increased demands for shorter working hours for Swedish workers.

Speaking at the annual general meeting of the Confederation of Swedish Enterprise last week, Jacob Wallenberg stressed the importance of Sweden’s role in the EU and the “challenges” facing businesses in an “increasingly uncertain world”. He pointed out that more than 60% of Sweden’s exports go to the EU single market, creating nearly 850,000 Swedish jobs.

– I believe that Sweden needs to engage even more with the EU, that Swedish companies need to make their voice heard both at home and in Brussels – a voice for free trade, for strengthening the single market.

He also suggested that Sweden should consider adopting the euro in order to fully participate in EU cooperation.

– We need to take up the discussion on whether Sweden should participate fully in the euro and thus in EU cooperation. This is not least about being involved in the decision-making process and not sitting outside in the waiting room.

Concerns about EU competitiveness

Wallenberg welcomes the fact that former Italian prime ministers Enrico Letta and Mario Draghi have been asked by the European Commission to make proposals on how to develop the single market and strengthen the EU’s competitiveness.

– I think it is extremely important that this work is done, but it is also urgent that we listen and take on board what they say and that the EU has the capacity to take it forward.

He expressed concern that the EU is losing competitiveness to both China and the US.

– If we compare the US with the EU, 15 years ago the US and the EU had the same GDP. Today the US is 25% bigger. Obviously we have big challenges, he argued.

Wallenberg also pointed out that Sweden is at the bottom of the EU league when it comes to growth and that this is not sustainable.

– We need to start talking more about growth and how we create strong companies, he said, stressing that faster growth “would put Sweden in a better position to manage the climate transition and strengthen prosperity”.

Advice on shorter working hours

A hot potato for some parties and for a couple of decades, which has been brought back to life in the run-up to the upcoming European Parliament elections on June 9, is the issue of reduced working hours.

The Left Party recently put the issue back on the agenda in connection with the launch of the party’s election campaign.

In an interview with the tax-funded Swedish Radio Ekot last week, Jacob Wallenberg, not surprisingly, emphasized the employers’ organization’s line that the controversial issue of reduced working hours would be expensive for Sweden to implement.

– If we reduce working hours, it will be at the expense of our competitiveness and the country’s economic development, said Jacob Wallenberg in what can partly be seen as a response to the Left Party’s new demands.

New free trade agreements

Wallenberg is also concerned about the slow rollout of 5G in Sweden and calls for increased investment in research and development, a better functioning capital market and a reduced regulatory burden for companies.

– We also need new free trade agreements that give Swedish and European companies access to larger markets around the world as a counterweight to a world with protectionist tendencies, he says.

Jan-Olof Jacke, CEO of the Confederation of Swedish Enterprise, agrees with Wallenberg and stresses the need for a growth agenda for Sweden and Europe.

He points out that one of the reasons why the EU has lost ground in terms of GDP compared to the US is the number of hours worked.

– Fifty years ago we had the same annual working hours in Europe as in the US. Today, working hours in the US are about 15% higher than in Europe, which is an important factor in why GDP growth has been much stronger in the US, says Jacke.

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Klaus Schwab under investigation for corruption – by his own globalist organization

The globalist agenda

Published 24 April 2025
– By Editorial Staff
Schwab denies all allegations - and threatens to sue the board if they proceed with the investigation.

Members of the Board of Directors of the infamous World Economic Forum confirm the launch of a formal investigation against founder Klaus Schwab.

Whistleblowers accuse the globalist forum’s frontman of widespread corruption, including using the organization’s money for private cash withdrawals, massages, nights in luxury hotels and expensive trips abroad.

Yesterday, Schwab resigned with immediate effect after having led the powerful organization in Davos since 1971. The reason, reportedly, is a letter from a whistleblower raising alarm about serious financial and ethical misconduct – in which the 87-year-old and his wife are accused of systematically funding their exclusive private lifestyle with the organization’s donations.

For example, the Villa Mundi, located near the WEF headquarters in Geneva, was allegedly used privately by the Schwab family – even though it was purchased for the equivalent of €50 million of the organization’s money.

In addition to luxury consumption, Schwab is also said to treat his employees unacceptably – women close to him have reportedly been treated particularly badly.

The allegations have been deemed so serious that Schwab is now being investigated by the organization he himself once founded – and the board confirms that it has called in several legal experts for the purpose.

In a statement, the WEF says it “takes the allegations seriously” – but is careful to stress that these are as yet unproven and that it “will await the outcome of the investigation to comment further”.

Threatens to sue the board

Klaus Schwab himself denies all the allegations and claims they are completely unfounded. He claims that he has not misappropriated the forum’s assets at all and has also threatened to sue the board if they choose to proceed with the investigation.

In this context, it should be mentioned that Schwab is generally considered one of the world’s most high-profile globalists and technocrats – and The Nordic Times has over the years highlighted his activities in a series of articles.

He has often been recognized as a horror example of the international elite’s plans for the world – for example, when he proclaimed that his disciples are “penetrating the cabinets” of world’s governments or that “the fourth industrial revolution will lead to a fusion of our physical, digital and biological identities“.

Norwegian ex-minister takes over World Economic Forum

The globalist agenda

Published 22 April 2025
– By Editorial Staff
The head of the WEF, Børge Brende, is also a member of the Bilderberg Group's steering committee.

After nearly 54 years, 86-year-old globalist and technocrat Klaus Schwab has decided to step down as Executive Chairman of the World Economic Forum. Instead, the new leader will be Norway’s former Minister for Foreign Affairs and Bilderberg top Børge Brende.

The World Economic Forum has evolved into one of the world’s premier power conferences where world leaders, lobbyists, media moguls, bankers, entrepreneurs and other power brokers come together to discuss the state of the world and decide which agendas to focus on.


The article was originally published on The Nordic Times on May 24, 2024.


Schwab founded the forum in 1971 and has long been its main public face. He has also become a deeply unpopular figure, especially for the ultra-globalist and technocratic policies it has advocated. He himself has repeatedly boasted about the influence of his network and how his followers have “penetrated” governments around the world and influenced policy.

– I have to say that when I mention our names like Mrs. Merkel and even Vladimir Putin, and so on. All of them have been Young Global Leaders at the World Economic Forum. But what we are very proud of right now is the young generation like Prime Minister Trudeau, the President of Argentina and so on, that we are penetrating the cabinets, he proudly told us in 2017.

– I was at a reception for Prime Minister Trudeau and I should know that half of his government or even more than half of his government is from the World Economic Forum’s Young Global Leaders, he continued.

Bilderberg and Høyre

Schwab has also been heavily criticized for his high salary, equivalent to almost one million Swedish crowns a month, and for his organization financially benefiting various private companies linked to Schwab and his family. However, the profiled globalist will not be leaving the WEF altogether, but will take up a new role as ‘non-executive’ chairman of the forum.

The organization has undergone a planned governance evolution from a founder-driven organization to one in which a chairman and board take full executive responsibility”, the WEF writes in a statement.

His successor Børge Brende has been at the helm of the WEF since 2017 and has been responsible for many of its day-to-day operations for some time.

Justin Trudeau, Klaus Schwab och Børge Brende. Photo: World Economic Forum/Benedikt von Loebell/CC BY-NC-SA 2.0

Brende, who has a long background in Norway’s liberal-conservative Høyre party, has served as the country’s Minister of Foreign Affairs, Minister of the Environment and Minister of Trade and Industry. He is also a member of the Bilderberg Group’s steering committee.

Reports: Bilderberg meeting to be held in Sweden

The globalist agenda

Published 8 April 2025
– By Editorial Staff
Bilderberg Group board member Marcus Wallenberg, view of the Grand Hotel to the right.

The globalist-oriented Bilderberg Meeting is, according to yet unconfirmed reports, set to hold this year’s gathering in Sweden. The exact date and participant list have not yet been officially confirmed, but the meeting is reportedly planned to take place in Stockholm in mid-June.

The Bilderberg Group’s controversial gatherings have long faced strong criticism, primarily due to the meetings being described as an important arena for the actual power establishment of the Western bloc – where the economic and political elites are effectively brought together – while lacking public transparency about what is actually discussed and decided beyond general agenda items. The meetings follow the so-called Chatham House Rule, which allows participants to use information from discussions but prohibits revealing who said what.

Wallenberg family key Swedish figures

A long line of Swedish prime ministers have attended the meeting, including the last four, Ulf Kristersson, Magdalena Andersson, Stefan Löfven, and Fredrik Reinfeldt. The most prominent Swedes within the group are the power players surrounding the Wallenberg dynasty and their investment company Investor. Both Marcus Wallenberg and his uncle Peter Wallenberg have for many years been members of the meeting’s so-called steering committee.

The meeting has been held in Sweden on four previous occasions, in 1962, 1973 and 1984 at the Wallenberg-owned Grand Hotel in Saltsjöbaden, and in 2001 at the Hotel Stenungsbaden in Stenungsund in connection with the EU summit in Gothenburg. Last year’s meeting was held in Madrid.

Once dismissed as a “conspiracy theory”

The public denied for a long time that the meeting was organized, or even existed, and was dismissed in the mainstream media for many years as a “conspiracy theory”. In the 21st century, as a result of independent media coverage, it has since been recognized that the meeting has actually been taking place since 1954, with high-profile lists of participants typically ranging from 120-150 specially invited participants.

Goldman Sachs veteran takes over Canada

The globalist agenda

Published 12 March 2025
– By Editorial Staff
Mark Carney has claimed, among other things, that climate change-related deaths “will be the equivalent of a coronavirus crisis every year”.

As expected, it will be the top banker and Bilderberg veteran Mark Carney who succeeds the heavily criticized Justin Trudeau as leader of the Liberal Party and thus Canada’s new Prime Minister.

Carney, who previously served as the central bank governor for both Canada and the UK, also has a long background as an executive at investment bank Goldman Sachs and has sat on the board of the globalist World Economic Forum’s foundation.

Mark Carney was the clear favorite in the Liberals’ internal vote this weekend, eventually winning 85.9% of party members’ votes.

– I will work day and night with one purpose, which is to build a stronger Canada for everyone, he promised after the election win and also took the opportunity to further fuel the conflict with the Trump administration’s United States.

– The Americans – they want our resources, our water, our land, our country. If they succeed, they will destroy our way of life.

Donald Trump has repeatedly expressed a desire for Canada to cease being an independent nation and become a US state, and it is precisely the very strained US-Canadian relations that paved the way for Carney’s rise to power. Although he has no real political experience, he has been touted as the best person to handle the trade war with the US.

The Bilderberg Group and the World Economic Forum

Mark Carney, an economist by training, worked for Goldman Sachs for 13 years in the investment bank’s Boston, London, New York, Tokyo and Toronto offices. He joined the credit risk department as early as 1988 and rose to more prominent positions, eventually becoming responsible for debt advice to governments in Europe, the Middle East and Africa.

In 1998, he moved to Goldman Sachs in New York, where he was responsible for corporate transactions and mergers, before moving to Canada, where Carney was eventually appointed managing director of the firm’s investment banking division.

In 2003, Carney left Goldman Sachs to join the Bank of Canada five years later he headed the country’s central bank and was appointed Governor of the Bank of Canada in 2013 a post he held until 2020. Since then, he has worked as an adviser to Justin Trudeau including during the Canadian lockdown policy during the coronavirus crisis.

The Liberal also has extensive experience in various influential circles of power, having served on the board of Klaus Schwab’s World Economic Forum foundation and attended meetings of the shadowy Bilderberg Group for several years.

During his time as a bank manager, he has also built up a considerable private fortune and, although he cannot compete with the most wealthy people in power, he is currently estimated to be worth almost $7 million.

Comparing climate change to covid

Carney also has a background as the UN Special Envoy for Climate Action and Finance, and has argued in various climate alarmist pronouncements that the world needs to come together to combat alleged climate change something that is also claimed to be “a huge economic opportunity” for private actors.

– One of the biggest issues is you cannot self-isolate from climate. That is not an option. We cannot retreat in and wait out climate change, it will just get worse, the Liberal has previously said.

– When you look at climate change from a human mortality perspective, it will be the equivalent of a coronavirus crisis every year from the middle of this century, and every year, not just a one-off event. So it is an issue that needs to be addressed now, he argued in 2021.

During the coronavirus era, Canadian repression was particularly totalitarian, with those in power imposing martial law, among other measures, to combat protesters who opposed the harsh restrictive policies in the capital, Ottawa. Others had their bank accounts frozen and a large number of peaceful protesters were detained or subjected to violence by the police.

It is worth noting that a general election is expected to be held in Canada later in 2025, and that the Liberal-Conservative opposition Conservative Party of Canada would have received the most electoral support had an election been held today.

Trudeau Schwab’s disciple

It is noteworthy that the outgoing Prime Minister, Justin Trudeau, also has very close ties to the World Economic Forum and has been described as something of a disciple of founder Klaus Schwab.

Schwab has previously proclaimed that humanity is facing “a fourth industrial revolution” that will “lead to a fusion of our physical, digital and biological identities”, and Trudeau in particular has been praised as an ultimate representative of this world order.

I couldn’t imagine anybody (than Trudeau) who could represent more the world which will come out of this fourth industrial revolution, Schwab said back in 2016.

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