AGP Executive Report
Last update: 10 hours agoSwedish security spotlight: Christoffer Wedelin of the Swedish Security Service says Russia is intensifying efforts to steal Western tech and defense know-how, using shell companies plus spies and hackers—highlighting a shift toward riskier operations and even past attacks on Swedish energy infrastructure. EU energy policy: The EU is weighing an emergency move to temporarily freeze the Russian oil price cap after a looming recalculation could lift it sharply, risking a windfall for the Kremlin amid wider Middle East-driven market swings. EU regulation clash: Volvo and Scania face backlash over lobbying for flexibility in EU zero-emissions truck rules, arguing the current pathway isn’t realistic without enabling conditions for electric demand. Textile reuse tech: Swedish textile machinery group Eton Systems is trialling an AI sorting module for used garments, grading items and estimating repair and resale value to scale reuse. Defense industry tie-in: Canada is in talks with Saab to buy the GlobalEye AEW&C aircraft to strengthen Arctic surveillance, reflecting growing concern over northern military buildup. Crypto tax push: The European Commission proposes a 0.1% tax on EU crypto transactions to raise €3–4B annually, but it still needs unanimous member-state approval.
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