Current Events & Analysis
Illinois gas plant with carbon capture stores 90% emissions, advancing reliable low‑carbon energy security.
US jobs revision cuts growth by over half, exposing deeper labor market slowdown than reported.
Norway oil production hits new high in July, surging 16.4% monthly while exceeding all forecasts.
Nordic business patterns are shifting: growth has slowed, new funding targets green/tech, and trade axes reorient.
The UK is poised to implement its side of the recent tariff deal struck with the United States
OpenAI has agreed to use Google Cloud services to meet surging demand for AI model demand.
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Global Trade & Economics
UK and Nordic inflation have fallen sharply from 2022 peaks but began to diverge in early 2025. By mid-2025, UK CPI inflation is again above target (~3½ %), while Sweden’s and Finland’s inflation is near zero.
Germany’s economy is showing signs of recovery, according to the Ifo Institute.
