Sweden

Former Bosnian Serb president Plavsic pardon appeal rejected

SwedenStockholm- The Swedish government Thursday rejected an appeal for pardon by former Bosnian Serb president Biljana Plavsic, who is serving a 11-year jail term for crimes against humanity.

She was convicted in 2003 by the UN war crimes tribunal for former Yugoslavia (ICTY) for crimes committed during the Bosnian war from 1992 to 1995. It was the second time Plavsic, 78, had appealed for pardon, citing health reasons.

She is serving the sentence at Hinseberg prison, 200 kilometres west of Stockholm. Sweden signed a 1999 agreement with the UN tribunal to offer prison space for convicted war criminals.

Swedish central bank to cut interest rates to 2.00 per cent

Sweden FlagStockholm - Sweden's central bank said Thursday it was to cut its interest rate by 1.75 percentage points to 2.00 per cent, citing "an unexpectedly rapid and clear deterioration in economic activity since October."

The cut aimed at reducing "the fall in production and employment," the bank's board of governors said.

The cut was to take effect December 10, the Riksbank said.

The bank's board of governors said the inflation target of 2 per cent remained.

Olympic champion Greis wins Biathlon World Cup opener

Olympic champion Greis wins Biathlon World Cup opener Ostersund, Sweden  - Germany's Michael Greis won the opening men's Biathlon World Cup race of the season Wednesday, a 20-kilometre race in Ostersund.

Greis missed just one target in the shooting range to claim victory in a time of 58 minutes 52.5 seconds to register the 10th World Cup victory of his career.

Norway's Alexander Os made two shooting mistakes on his way to a second place finish, 50.5 seconds behind the winner, with compatriot and world champion Emil Helge Svendsen third, 55 seconds behind Greis.

Heavy-vehicle maker Scania to close plants for a month

Scania LogoStockholm - Swedish heavy-vehicle maker Scania is planning to close its plants for a

Saab director: General Motors to sell off Swedish unit

Saab director: General Motors to sell off Swedish unit Stockholm/Detroit - Ailing US carmaker General Motors (GM) could be planning to sell off its Swedish subsidiary Saab, Saab's deputy director Frederick Henderson told Stockholm's SR radio station Wednesday.

Henderson said GM was looking to resolve its financial troubles as quickly as possible, and a sell-off of Saab was one of several options.

GM bought shares in Saab in 1990 and has been the sole shareholder since 2000.

GM asked the US government for 18 billion dollars in credit on Tuesday to avoid going bust.

Paralympic champion Jonas Jacobsson wins prestigious Swedish award

Jonas-JacobssonStockholm - Jonas Jacobsson, who won three shooting medals at the 2008 Paralympic Games, was Tuesday elected winner of the Svenska Dagbladet gold medal, one of Sweden's most prestigious sports awards.

Jacobsson was cited for a "heroic come from behind" and was "a true marksman," the jury said.

The 43-year-old athlete, who is paralysed from the waist down, set a world record in the first shooting event - the men's 10-metre air rifle standing competition.

"This really feels like a true recognition as an athlete," Jacobsson told the online edition of Svenska Dagbladet.

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