Bloomberg Facebook Inc is once again defending Libra — this time against fears that the envisioned cryptocurrency could replace sovereign currencies from the US dollar to the Euro and threaten central banks’ control over money creation. David Marcus, the executive leading the project, posted a series of tweets the same day members of the Libra Association met with regulators convened …

Bloomberg Sweden’s unemployment rate unexpectedly spiked to a four-year high in August, raising questions around the central bank’s plans to hike interest rates and driving the krona lower. The seasonally-adjusted jobless rate jumped to 7.4 percent, much worse than the 6.8 percent reading in a Bloomberg survey of economist estimates. The news, which resulted in a 0.8 percent decline in …

Bloomberg Riksbank policy makers look intent on bringing an end to almost half a decade of negative interest rates, according to minutes from their most recent meeting. The central bank earlier this month delivered an upbeat assessment of the economy and signalled a plan to raise rates towards the end of the year or early next year. The move came …