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Joe Biden on US-Mexico border - Washington

Senator Mark Kelly, a Democrat from Arizona, Kathy Hochul, governor of New York, and Representative Jim Costa, a Democrat from California, listen as US President Joe Biden, not pictured, speaks in the East Room of the White House in Washington, DC, US, on Tuesday, June 4, 2024. Biden is unveiling a series of measures to curb asylum claims and head off a surge of border crossings this summer in a politically contentious bid to address one of his biggest domestic vulnerabilities. Photo by Al Drago/Pool/ABACAPRESS.COM

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Joe Biden on US-Mexico border - Washington

US President Joe Biden speaks in the East Room of the White House in Washington, DC, US, on Tuesday, June 4, 2024. Biden is unveiling a series of measures to curb asylum claims and head off a surge of border crossings this summer in a politically contentious bid to address one of his biggest domestic vulnerabilities. Photo by Al Drago/Pool/ABACAPRESS.COM

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Joe Biden on US-Mexico border - Washington

US President Joe Biden departs following speaking in the East Room of the White House in Washington, DC, US, on Tuesday, June 4, 2024. Biden is unveiling a series of measures to curb asylum claims and head off a surge of border crossings this summer in a politically contentious bid to address one of his biggest domestic vulnerabilities. Photo by Al Drago/Pool/ABACAPRESS.COM

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Joe Biden on US-Mexico border - Washington

US President Joe Biden arrives to speak in the East Room of the White House in Washington, DC, US, on Tuesday, June 4, 2024. Biden is unveiling a series of measures to curb asylum claims and head off a surge of border crossings this summer in a politically contentious bid to address one of his biggest domestic vulnerabilities. Photo by Al Drago/Pool/ABACAPRESS.COM

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Joe Biden on US-Mexico border - Washington

US President Joe Biden speaks in the East Room of the White House in Washington, DC, US, on Tuesday, June 4, 2024. Biden is unveiling a series of measures to curb asylum claims and head off a surge of border crossings this summer in a politically contentious bid to address one of his biggest domestic vulnerabilities. Photo by Al Drago/Pool/ABACAPRESS.COM

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Joe Biden on US-Mexico border - Washington

US President Joe Biden speaks in the East Room of the White House in Washington, DC, US, on Tuesday, June 4, 2024. Biden is unveiling a series of measures to curb asylum claims and head off a surge of border crossings this summer in a politically contentious bid to address one of his biggest domestic vulnerabilities. Photo by Al Drago/Pool/ABACAPRESS.COM

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Joe Biden on US-Mexico border - Washington

US President Joe Biden speaks in the East Room of the White House in Washington, DC, US, on Tuesday, June 4, 2024. Biden is unveiling a series of measures to curb asylum claims and head off a surge of border crossings this summer in a politically contentious bid to address one of his biggest domestic vulnerabilities. Photo by Al Drago/Pool/ABACAPRESS.COM

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Joe Biden on US-Mexico border - Washington

US President Joe Biden speaks in the East Room of the White House in Washington, DC, US, on Tuesday, June 4, 2024. Biden is unveiling a series of measures to curb asylum claims and head off a surge of border crossings this summer in a politically contentious bid to address one of his biggest domestic vulnerabilities. Photo by Al Drago/Pool/ABACAPRESS.COM

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Joe Biden on US-Mexico border - Washington

US President Joe Biden speaks in the East Room of the White House in Washington, DC, US, on Tuesday, June 4, 2024. Biden is unveiling a series of measures to curb asylum claims and head off a surge of border crossings this summer in a politically contentious bid to address one of his biggest domestic vulnerabilities. Photo by Al Drago/Pool/ABACAPRESS.COM

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Joe Biden on US-Mexico border - Washington

US President Joe Biden in the East Room of the White House in Washington, DC, US, on Tuesday, June 4, 2024. Biden is unveiling a series of measures to curb asylum claims and head off a surge of border crossings this summer in a politically contentious bid to address one of his biggest domestic vulnerabilities. Photo by Al Drago/Pool/ABACAPRESS.COM

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Joe Biden on US-Mexico border - Washington

US President Joe Biden speaks in the East Room of the White House in Washington, DC, US, on Tuesday, June 4, 2024. Biden is unveiling a series of measures to curb asylum claims and head off a surge of border crossings this summer in a politically contentious bid to address one of his biggest domestic vulnerabilities. Photo by Al Drago/Pool/ABACAPRESS.COM

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Joe Biden on US-Mexico border - Washington

US President Joe Biden speaks in the East Room of the White House in Washington, DC, US, on Tuesday, June 4, 2024. Biden is unveiling a series of measures to curb asylum claims and head off a surge of border crossings this summer in a politically contentious bid to address one of his biggest domestic vulnerabilities. Photo by Al Drago/Pool/ABACAPRESS.COM

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Joe Biden on US-Mexico border - Washington

US President Joe Biden speaks in the East Room of the White House in Washington, DC, US, on Tuesday, June 4, 2024. Biden is unveiling a series of measures to curb asylum claims and head off a surge of border crossings this summer in a politically contentious bid to address one of his biggest domestic vulnerabilities. Photo by Al Drago/Pool/ABACAPRESS.COM

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Joe Biden on US-Mexico border - Washington

Alejandro Mayorkas, secretary of the US Department of Homeland Security (DHS), in the East Room of the White House in Washington, DC, US, on Tuesday, June 4, 2024. US President Joe Biden is unveiling a series of measures to curb asylum claims and head off a surge of border crossings this summer in a politically contentious bid to address one of his biggest domestic vulnerabilities. Photo by Al Drago/Pool/ABACAPRESS.COM

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Joe Biden on US-Mexico border - Washington

US President Joe Biden speaks in the East Room of the White House in Washington, DC, US, on Tuesday, June 4, 2024. Biden is unveiling a series of measures to curb asylum claims and head off a surge of border crossings this summer in a politically contentious bid to address one of his biggest domestic vulnerabilities. Photo by Al Drago/Pool/ABACAPRESS.COM

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Joe Biden on US-Mexico border - Washington

US President Joe Biden speaks in the East Room of the White House in Washington, DC, US, on Tuesday, June 4, 2024. Biden is unveiling a series of measures to curb asylum claims and head off a surge of border crossings this summer in a politically contentious bid to address one of his biggest domestic vulnerabilities. Photo by Al Drago/Pool/ABACAPRESS.COM

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Joe Biden on US-Mexico border - Washington

US President Joe Biden speaks in the East Room of the White House in Washington, DC, US, on Tuesday, June 4, 2024. Biden is unveiling a series of measures to curb asylum claims and head off a surge of border crossings this summer in a politically contentious bid to address one of his biggest domestic vulnerabilities. Photo by Al Drago/Pool/ABACAPRESS.COM

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Joe Biden on US-Mexico border - Washington

US President Joe Biden speaks in the East Room of the White House in Washington, DC, US, on Tuesday, June 4, 2024. Biden is unveiling a series of measures to curb asylum claims and head off a surge of border crossings this summer in a politically contentious bid to address one of his biggest domestic vulnerabilities. Photo by Al Drago/Pool/ABACAPRESS.COM

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Joe Biden on US-Mexico border - Washington

US President Joe Biden, left, speaks in the East Room of the White House in Washington, DC, US, on Tuesday, June 4, 2024. Biden is unveiling a series of measures to curb asylum claims and head off a surge of border crossings this summer in a politically contentious bid to address one of his biggest domestic vulnerabilities. Photo by Al Drago/Pool/ABACAPRESS.COM

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African leaders urge global financial system reform to address debt, climate risks

STORY: African leaders urge global financial system reform to address debt, climate risks SHOOTING TIME: May 27, 2024 DATELINE: May 30, 2024 LENGTH: 00:03:28 LOCATION: Nairobi CATEGORY: POLITICS SHOTLIST: 1. various of establishments of the conference 2. various of African leaders at the conference 3. SOUNDBITE 1 (English): WILLIAM RUTO, Kenyan President 4. various of African Presidents at the conference 5. various of delegates 6. SOUNDBITE 2 (English): AKINWUMI ADESINA, President of African Development Bank STORYLINE: African leaders on Wednesday renewed calls for reforms to the global financial architecture, emphasizing the need for it to be more responsive to the continent's destabilizing debt and climate vulnerabilities. Meeting in Nairobi, Kenya, the leaders said there is a need for changes as African countries are struggling with high financing interest rates, climate shocks and constrained government revenues. SOUNDBITE 1 (English): WILLIAM RUTO, Kenyan President "A better, more responsive,

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Stop Using WhatsApp French PM Tells Ministers

Illustration of the French encrypted messaging service "Olvid" on the phone screen in Paris on December 1, 2023. French Prime Minister Elisabeth Borne has banned widely used messaging applications WhatsApp, Telegram and Signal for ministers and their teams due to security vulnerabilities. Borne set a deadline of December 8 for the government to switch to using the French app Olvid instead, which is certified by France's cybersecurity agency ANSSI. Tchap, the government-developed secure messaging and collaboration app, launched in 2019, is also allowed. Photo by Blondet Eliot/ABACAPRESS.COM

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Stop Using WhatsApp French PM Tells Ministers

Illustration of the French encrypted messaging service "Olvid" on the phone screen in Paris on December 1, 2023. French Prime Minister Elisabeth Borne has banned widely used messaging applications WhatsApp, Telegram and Signal for ministers and their teams due to security vulnerabilities. Borne set a deadline of December 8 for the government to switch to using the French app Olvid instead, which is certified by France's cybersecurity agency ANSSI. Tchap, the government-developed secure messaging and collaboration app, launched in 2019, is also allowed. Photo by Blondet Eliot/ABACAPRESS.COM

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Stop Using WhatsApp French PM Tells Ministers

Illustration of the French encrypted messaging service "Olvid" on the phone screen in Paris on December 1, 2023. French Prime Minister Elisabeth Borne has banned widely used messaging applications WhatsApp, Telegram and Signal for ministers and their teams due to security vulnerabilities. Borne set a deadline of December 8 for the government to switch to using the French app Olvid instead, which is certified by France's cybersecurity agency ANSSI. Tchap, the government-developed secure messaging and collaboration app, launched in 2019, is also allowed. Photo by Blondet Eliot/ABACAPRESS.COM

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Stop Using WhatsApp French PM Tells Ministers

Illustration of the French encrypted messaging service "Olvid" on the phone screen in Paris on December 1, 2023. French Prime Minister Elisabeth Borne has banned widely used messaging applications WhatsApp, Telegram and Signal for ministers and their teams due to security vulnerabilities. Borne set a deadline of December 8 for the government to switch to using the French app Olvid instead, which is certified by France's cybersecurity agency ANSSI. Tchap, the government-developed secure messaging and collaboration app, launched in 2019, is also allowed. Photo by Blondet Eliot/ABACAPRESS.COM

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Stop Using WhatsApp French PM Tells Ministers

Illustration of the French encrypted messaging service "Olvid" on the phone screen in Paris on December 1, 2023. French Prime Minister Elisabeth Borne has banned widely used messaging applications WhatsApp, Telegram and Signal for ministers and their teams due to security vulnerabilities. Borne set a deadline of December 8 for the government to switch to using the French app Olvid instead, which is certified by France's cybersecurity agency ANSSI. Tchap, the government-developed secure messaging and collaboration app, launched in 2019, is also allowed. Photo by Blondet Eliot/ABACAPRESS.COM

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Stop Using WhatsApp French PM Tells Ministers

Illustration of the French encrypted messaging service "Olvid" on the phone screen in Paris on December 1, 2023. French Prime Minister Elisabeth Borne has banned widely used messaging applications WhatsApp, Telegram and Signal for ministers and their teams due to security vulnerabilities. Borne set a deadline of December 8 for the government to switch to using the French app Olvid instead, which is certified by France's cybersecurity agency ANSSI. Tchap, the government-developed secure messaging and collaboration app, launched in 2019, is also allowed. Photo by Blondet Eliot/ABACAPRESS.COM

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Stop Using WhatsApp French PM Tells Ministers

Illustration of the French encrypted messaging service "Olvid" on the phone screen in Paris on December 1, 2023. French Prime Minister Elisabeth Borne has banned widely used messaging applications WhatsApp, Telegram and Signal for ministers and their teams due to security vulnerabilities. Borne set a deadline of December 8 for the government to switch to using the French app Olvid instead, which is certified by France's cybersecurity agency ANSSI. Tchap, the government-developed secure messaging and collaboration app, launched in 2019, is also allowed. Photo by Blondet Eliot/ABACAPRESS.COM

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Stop Using WhatsApp French PM Tells Ministers

Illustration of the French encrypted messaging service "Olvid" on the phone screen in Paris on December 1, 2023. French Prime Minister Elisabeth Borne has banned widely used messaging applications WhatsApp, Telegram and Signal for ministers and their teams due to security vulnerabilities. Borne set a deadline of December 8 for the government to switch to using the French app Olvid instead, which is certified by France's cybersecurity agency ANSSI. Tchap, the government-developed secure messaging and collaboration app, launched in 2019, is also allowed. Photo by Blondet Eliot/ABACAPRESS.COM

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Stop Using WhatsApp French PM Tells Ministers

Illustration of the French encrypted messaging service "Olvid" on the phone screen in Paris on December 1, 2023. French Prime Minister Elisabeth Borne has banned widely used messaging applications WhatsApp, Telegram and Signal for ministers and their teams due to security vulnerabilities. Borne set a deadline of December 8 for the government to switch to using the French app Olvid instead, which is certified by France's cybersecurity agency ANSSI. Tchap, the government-developed secure messaging and collaboration app, launched in 2019, is also allowed. Photo by Blondet Eliot/ABACAPRESS.COM

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Stop Using WhatsApp French PM Tells Ministers

Illustration of the French encrypted messaging service "Olvid" on the phone screen in Paris on December 1, 2023. French Prime Minister Elisabeth Borne has banned widely used messaging applications WhatsApp, Telegram and Signal for ministers and their teams due to security vulnerabilities. Borne set a deadline of December 8 for the government to switch to using the French app Olvid instead, which is certified by France's cybersecurity agency ANSSI. Tchap, the government-developed secure messaging and collaboration app, launched in 2019, is also allowed. Photo by Blondet Eliot/ABACAPRESS.COM

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Stop Using WhatsApp French PM Tells Ministers

Illustration of the French encrypted messaging service "Olvid" on the phone screen in Paris on December 1, 2023. French Prime Minister Elisabeth Borne has banned widely used messaging applications WhatsApp, Telegram and Signal for ministers and their teams due to security vulnerabilities. Borne set a deadline of December 8 for the government to switch to using the French app Olvid instead, which is certified by France's cybersecurity agency ANSSI. Tchap, the government-developed secure messaging and collaboration app, launched in 2019, is also allowed. Photo by Blondet Eliot/ABACAPRESS.COM

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Stop Using WhatsApp French PM Tells Ministers

Illustration of the French encrypted messaging service "Olvid" on the phone screen in Paris on December 1, 2023. French Prime Minister Elisabeth Borne has banned widely used messaging applications WhatsApp, Telegram and Signal for ministers and their teams due to security vulnerabilities. Borne set a deadline of December 8 for the government to switch to using the French app Olvid instead, which is certified by France's cybersecurity agency ANSSI. Tchap, the government-developed secure messaging and collaboration app, launched in 2019, is also allowed. Photo by Blondet Eliot/ABACAPRESS.COM

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Stop Using WhatsApp French PM Tells Ministers

Illustration of the French encrypted messaging service "Olvid" on the phone screen in Paris on December 1, 2023. French Prime Minister Elisabeth Borne has banned widely used messaging applications WhatsApp, Telegram and Signal for ministers and their teams due to security vulnerabilities. Borne set a deadline of December 8 for the government to switch to using the French app Olvid instead, which is certified by France's cybersecurity agency ANSSI. Tchap, the government-developed secure messaging and collaboration app, launched in 2019, is also allowed. Photo by Blondet Eliot/ABACAPRESS.COM

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Stop Using WhatsApp French PM Tells Ministers

Illustration of the French encrypted messaging service "Olvid" on the phone screen in Paris on December 1, 2023. French Prime Minister Elisabeth Borne has banned widely used messaging applications WhatsApp, Telegram and Signal for ministers and their teams due to security vulnerabilities. Borne set a deadline of December 8 for the government to switch to using the French app Olvid instead, which is certified by France's cybersecurity agency ANSSI. Tchap, the government-developed secure messaging and collaboration app, launched in 2019, is also allowed. Photo by Blondet Eliot/ABACAPRESS.COM

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Stop Using WhatsApp French PM Tells Ministers

Illustration of the French encrypted messaging service "Olvid" on the phone screen in Paris on December 1, 2023. French Prime Minister Elisabeth Borne has banned widely used messaging applications WhatsApp, Telegram and Signal for ministers and their teams due to security vulnerabilities. Borne set a deadline of December 8 for the government to switch to using the French app Olvid instead, which is certified by France's cybersecurity agency ANSSI. Tchap, the government-developed secure messaging and collaboration app, launched in 2019, is also allowed. Photo by Blondet Eliot/ABACAPRESS.COM

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Stop Using WhatsApp French PM Tells Ministers

Illustration of the French encrypted messaging service "Olvid" on the phone screen in Paris on December 1, 2023. French Prime Minister Elisabeth Borne has banned widely used messaging applications WhatsApp, Telegram and Signal for ministers and their teams due to security vulnerabilities. Borne set a deadline of December 8 for the government to switch to using the French app Olvid instead, which is certified by France's cybersecurity agency ANSSI. Tchap, the government-developed secure messaging and collaboration app, launched in 2019, is also allowed. Photo by Blondet Eliot/ABACAPRESS.COM

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Stop Using WhatsApp French PM Tells Ministers

Illustration of the French encrypted messaging service "Olvid" on the phone screen in Paris on December 1, 2023. French Prime Minister Elisabeth Borne has banned widely used messaging applications WhatsApp, Telegram and Signal for ministers and their teams due to security vulnerabilities. Borne set a deadline of December 8 for the government to switch to using the French app Olvid instead, which is certified by France's cybersecurity agency ANSSI. Tchap, the government-developed secure messaging and collaboration app, launched in 2019, is also allowed. Photo by Blondet Eliot/ABACAPRESS.COM

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Stop Using WhatsApp French PM Tells Ministers

Illustration of the French encrypted messaging service "Olvid" on the phone screen in Paris on December 1, 2023. French Prime Minister Elisabeth Borne has banned widely used messaging applications WhatsApp, Telegram and Signal for ministers and their teams due to security vulnerabilities. Borne set a deadline of December 8 for the government to switch to using the French app Olvid instead, which is certified by France's cybersecurity agency ANSSI. Tchap, the government-developed secure messaging and collaboration app, launched in 2019, is also allowed. Photo by Blondet Eliot/ABACAPRESS.COM

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Stop Using WhatsApp French PM Tells Ministers

Illustration of the French encrypted messaging service "Olvid" on the phone screen in Paris on December 1, 2023. French Prime Minister Elisabeth Borne has banned widely used messaging applications WhatsApp, Telegram and Signal for ministers and their teams due to security vulnerabilities. Borne set a deadline of December 8 for the government to switch to using the French app Olvid instead, which is certified by France's cybersecurity agency ANSSI. Tchap, the government-developed secure messaging and collaboration app, launched in 2019, is also allowed. Photo by Blondet Eliot/ABACAPRESS.COM

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Stop Using WhatsApp French PM Tells Ministers

Illustration of the French encrypted messaging service "Olvid" on the phone screen in Paris on December 1, 2023. French Prime Minister Elisabeth Borne has banned widely used messaging applications WhatsApp, Telegram and Signal for ministers and their teams due to security vulnerabilities. Borne set a deadline of December 8 for the government to switch to using the French app Olvid instead, which is certified by France's cybersecurity agency ANSSI. Tchap, the government-developed secure messaging and collaboration app, launched in 2019, is also allowed. Photo by Blondet Eliot/ABACAPRESS.COM

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Stop Using WhatsApp French PM Tells Ministers

Illustration of the French encrypted messaging service "Olvid" on the phone screen in Paris on December 1, 2023. French Prime Minister Elisabeth Borne has banned widely used messaging applications WhatsApp, Telegram and Signal for ministers and their teams due to security vulnerabilities. Borne set a deadline of December 8 for the government to switch to using the French app Olvid instead, which is certified by France's cybersecurity agency ANSSI. Tchap, the government-developed secure messaging and collaboration app, launched in 2019, is also allowed. Photo by Blondet Eliot/ABACAPRESS.COM

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Stop Using WhatsApp French PM Tells Ministers

Illustration of the French encrypted messaging service "Olvid" on the phone screen in Paris on December 1, 2023. French Prime Minister Elisabeth Borne has banned widely used messaging applications WhatsApp, Telegram and Signal for ministers and their teams due to security vulnerabilities. Borne set a deadline of December 8 for the government to switch to using the French app Olvid instead, which is certified by France's cybersecurity agency ANSSI. Tchap, the government-developed secure messaging and collaboration app, launched in 2019, is also allowed. Photo by Blondet Eliot/ABACAPRESS.COM

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Stop Using WhatsApp French PM Tells Ministers

Illustration of the French encrypted messaging service "Olvid" on the phone screen in Paris on December 1, 2023. French Prime Minister Elisabeth Borne has banned widely used messaging applications WhatsApp, Telegram and Signal for ministers and their teams due to security vulnerabilities. Borne set a deadline of December 8 for the government to switch to using the French app Olvid instead, which is certified by France's cybersecurity agency ANSSI. Tchap, the government-developed secure messaging and collaboration app, launched in 2019, is also allowed. Photo by Blondet Eliot/ABACAPRESS.COM

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Stop Using WhatsApp French PM Tells Ministers

Illustration of the French encrypted messaging service "Olvid" on the phone screen in Paris on December 1, 2023. French Prime Minister Elisabeth Borne has banned widely used messaging applications WhatsApp, Telegram and Signal for ministers and their teams due to security vulnerabilities. Borne set a deadline of December 8 for the government to switch to using the French app Olvid instead, which is certified by France's cybersecurity agency ANSSI. Tchap, the government-developed secure messaging and collaboration app, launched in 2019, is also allowed. Photo by Blondet Eliot/ABACAPRESS.COM

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Stop Using WhatsApp French PM Tells Ministers

Illustration of the French encrypted messaging service "Olvid" on the phone screen in Paris on December 1, 2023. French Prime Minister Elisabeth Borne has banned widely used messaging applications WhatsApp, Telegram and Signal for ministers and their teams due to security vulnerabilities. Borne set a deadline of December 8 for the government to switch to using the French app Olvid instead, which is certified by France's cybersecurity agency ANSSI. Tchap, the government-developed secure messaging and collaboration app, launched in 2019, is also allowed. Photo by Blondet Eliot/ABACAPRESS.COM

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Stop Using WhatsApp French PM Tells Ministers

Illustration of the French encrypted messaging service "Olvid" on the phone screen in Paris on December 1, 2023. French Prime Minister Elisabeth Borne has banned widely used messaging applications WhatsApp, Telegram and Signal for ministers and their teams due to security vulnerabilities. Borne set a deadline of December 8 for the government to switch to using the French app Olvid instead, which is certified by France's cybersecurity agency ANSSI. Tchap, the government-developed secure messaging and collaboration app, launched in 2019, is also allowed. Photo by Blondet Eliot/ABACAPRESS.COM

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Stop Using WhatsApp French PM Tells Ministers

Illustration of the French encrypted messaging service "Olvid" on the phone screen in Paris on December 1, 2023. French Prime Minister Elisabeth Borne has banned widely used messaging applications WhatsApp, Telegram and Signal for ministers and their teams due to security vulnerabilities. Borne set a deadline of December 8 for the government to switch to using the French app Olvid instead, which is certified by France's cybersecurity agency ANSSI. Tchap, the government-developed secure messaging and collaboration app, launched in 2019, is also allowed. Photo by Blondet Eliot/ABACAPRESS.COM

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Stop Using WhatsApp French PM Tells Ministers

Illustration of the French encrypted messaging service "Olvid" on the phone screen in Paris on December 1, 2023. French Prime Minister Elisabeth Borne has banned widely used messaging applications WhatsApp, Telegram and Signal for ministers and their teams due to security vulnerabilities. Borne set a deadline of December 8 for the government to switch to using the French app Olvid instead, which is certified by France's cybersecurity agency ANSSI. Tchap, the government-developed secure messaging and collaboration app, launched in 2019, is also allowed. Photo by Blondet Eliot/ABACAPRESS.COM

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SWEDEN-STOCKHOLM-HIGH INFLATION & INTEREST RATES-PROPERTY COMPANIES-PRESSURE

(230531) -- STOCKHOLM, May 31, 2023 (Xinhua) -- Workers are seen at a residential building construction site in Stockholm, Sweden, May 31, 2023. High inflation and rising interest rates have been pressing Sweden's businesses and households hard and are exposing vulnerabilities in the country's financial system, the financial supervisory authority (Finansinspektionen, FI) said on Tuesday. Several highly leveraged property companies and large listed ventures are under pressure to reduce their indebtedness, it said. However, small or medium-sized property companies face major risks, according to FI. (Photo by Wei Xuechao/Xinhua)

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SWEDEN-STOCKHOLM-HIGH INFLATION & INTEREST RATES-PROPERTY COMPANIES-PRESSURE

(230531) -- STOCKHOLM, May 31, 2023 (Xinhua) -- A man walks past a real estate agency in Stockholm, Sweden, May 31, 2023. High inflation and rising interest rates have been pressing Sweden's businesses and households hard and are exposing vulnerabilities in the country's financial system, the financial supervisory authority (Finansinspektionen, FI) said on Tuesday. Several highly leveraged property companies and large listed ventures are under pressure to reduce their indebtedness, it said. However, small or medium-sized property companies face major risks, according to FI. (Photo by Wei Xuechao/Xinhua)