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No, Norway and Sweden haven't banned digital transactions

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No, Norway and Sweden haven't banned digital transactions

The claims appear to have sprung from reports that the Nordic countries have started advising citizens to keep a supply of cash at home in the case of a digital banking crisis.

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A false narrative spreading online claims that Norway and Sweden are doing away with e-money and are returning to a fully cash-based society.

For example, one post circulating on social media says the countries are now going back to paying in cash because they’ve supposedly realised that it’s the most secure payment method, as digital accounts allow the authorities to block your transactions.

Another popular post says that Sweden is going back to cash because digital payments are potentially a threat to national security.

However, these claims aren’t accurate.

They appear to have their origins in news reports over the past few months that both countries are putting the brakes on their plans to become cashless societies, apparently over fears that fully digital payment systems could leave their financial and state institutions vulnerable to Russian cyber attacks.

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For example, The Guardian recently reported that despite the Nordic countries’ ambitions to reduce their reliance on cash, they are now starting to see electronic banking as a potential threat to national security.

An image or link to this report is often shared by social media users alongside a claim that the countries are getting rid of e-money altogether.

As things stand, Norway and Sweden have the lowest amount of cash in circulation as a percentage of GDP in the world, according to recent figures from Sveriges Riksbank, the central bank in Stockholm.

Fellow Nordic country Denmark also ranks quite low, as does the UK, while the eurozone as a whole still has significantly more cash in circulation.

But now, Sweden is encouraging citizens to use cash regularly through a variety of different measures.

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Over the past few months, the defence ministry released a brochure entitled “If Crisis of War Comes” in which it advised people to keep a week’s supply of cash at home to remain prepared.

Sveriges Riksbank also said that the country needs to make sure that no one is excluded and that everyone is able to pay in the event of a large-scale crisis or war.

Norway meanwhile recently brought in legislation that fines retailers if they don’t accept cash, and also advised people to keep some cash on hand in case digital payment systems are attacked.

Nevertheless, Sveriges Riksbank told EuroVerify it’s not abandoning digital payments, and that it’s continuing with its plans to bring in an “e-krona” — a digital version of Sweden’s national currency.

Norges Bank, Norway’s central lender, also fully denied the claims that the country wants to move away from an electronic payment system and back to cash.

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“Increased use of electronic payment methods has brought great benefits to society as a whole, banks, and their customers,” a spokesperson for the central bank said. “However, there is still a need for cash. Cash is not an end in itself, but has properties and functions that other payment methods and instruments do not have, and which are important to ensure an efficient and secure payment system.”

There’s no evidence that either country is trying to phase out e-money and return to a 100% cash-based society.

The misleading narrative online appears to feed into fears of digital currencies, in particular the digital euro envisaged by the European Central Bank (ECB).

Opponents of the digital euro say it could damage privacy, financial control and security, and even fully supplant cash.

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For example, they say that every transaction could be monitored by central authorities, leading to financial surveillance, and that the government would have more control over the currency, opening up the possibility of currency manipulation.

It’s also been suggested that the elderly or those in rural areas could lose out, as they wouldn’t have the same access to digital services as those in more urban areas.

However, the ECB and its president, Christine Lagarde, have repeatedly said that a digital euro would complement cash, not replace it, and that it would be safe, make payments more efficient, and be easy for all to use.

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“The use of cash to make payments is declining and the shift towards online shopping and digital payments is accelerating,” the ECB says. “The digital euro would be an electronic form of cash for the digitalised world. It would give consumers the option to use central bank money in a digital format, complementing banknotes and coins.”

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“Like cash, the digital euro would be risk-free, widely accessible, user-friendly and free for basic use,” it continues. “Moreover, the digital euro would strengthen the strategic autonomy and monetary sovereignty of the euro area by boosting the efficiency of the European payments ecosystem as a whole, fostering innovation and increasing its resilience to potential cyberattacks or technical disruptions, such as power outages.”

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Map: 6.4-Magnitude Earthquake Shakes the Philippine Sea

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Map: 6.4-Magnitude Earthquake Shakes the Philippine Sea

Note: Map shows the area with a shake intensity of 4 or greater, which U.S.G.S. defines as “light,” though the earthquake may be felt outside the areas shown.  All times on the map are Philippine time. The New York Times

A strong, 6.4-magnitude earthquake struck in the Philippine Sea on Wednesday, according to the United States Geological Survey.

The temblor happened at 11:02 a.m. Philippine time about 17 miles east of Santiago, Philippines, data from the agency shows.

U.S.G.S. data earlier reported that the magnitude was 6.7.

As seismologists review available data, they may revise the earthquake’s reported magnitude. Additional information collected about the earthquake may also prompt U.S.G.S. scientists to update the shake-severity map.

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Aftershocks in the region

An aftershock is usually a smaller earthquake that follows a larger one in the same general area. Aftershocks are typically minor adjustments along the portion of a fault that slipped at the time of the initial earthquake.

Quakes and aftershocks within 100 miles

Source: United States Geological Survey | Notes: Shaking categories are based on the Modified Mercalli Intensity scale. When aftershock data is available, the corresponding maps and charts include earthquakes within 100 miles and seven days of the initial quake. All times above are Philippine time. Shake data is as of Tuesday, Jan. 6 at 10:16 p.m. Eastern. Aftershocks data is as of Wednesday, Jan. 7 at 12:18 a.m. Eastern.

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Maps: Daylight (urban areas); MapLibre (map rendering); Natural Earth (roads, labels, terrain); Protomaps (map tiles)

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Pope Leo calls for Christians to treat foreigners with kindness as he closes Catholic Holy Year

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Pope Leo calls for Christians to treat foreigners with kindness as he closes Catholic Holy Year

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Pope Leo XIV closed the Catholic Church’s Holy Year on Tuesday by urging Christians around the world to help people in need and treat foreigners with kindness.

Leo, who has repeatedly stressed the importance of caring for immigrants during his papacy thus far, said at a Vatican ceremony that the record 33.5 million pilgrims who visited Rome during the Holy Year should have learned not to treat people as mere “products.”

“Around us, a distorted economy tries to profit from everything,” Leo said. “After this year, will we be better able to recognize a pilgrim in the visitor, a seeker in the stranger, a neighbor in the foreigner?”

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Pope Leo XIV closed the Catholic Church’s Holy Year by urging Christians around the world to help people in need and treat foreigners with kindness. (David Ramos/Getty Images)

Holy years, or jubilees, typically happen every 25 years, considered to be a time of peace, forgiveness and pardon. Pilgrims to Rome can enter special “Holy Doors” at four Rome basilicas and attend papal audiences throughout the year.

Leo shut the special bronze door at St. Peter’s Basilica on Tuesday morning, which officially marked the end of the Holy Year.

The next Holy Year is not expected before 2033, when the Catholic Church may hold a special one to mark 2,000 years since the death of Jesus.

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Pope Leo XIV said the record pilgrims who visited Rome during the Holy Year should have learned not to treat people as mere “products.” (Alberto PIZZOLI / AFP via Getty Images))

On Monday, the Vatican and Italian officials said pilgrims to Rome for the 2025 jubilee came from 185 countries, with the majority from Italy, the U.S., Spain, Brazil and Poland.

The 2025 jubilee was opened by the late Pope Francis, who died in April, and closed by Leo, who was elected in May, making him the first American pope.

It was a historical rarity not seen in 300 years for it to be opened by one pope and closed by another. The last jubilee held under two different popes was in the year 1700, when Innocent XII opened the Holy Year that was then closed by Clement XI.

Pope Leo XIV shut the special bronze door at St. Peter’s Basilica on Tuesday morning, which officially marked the end of the Holy Year. (Gregorio Borgia/AP)

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Leo, who has promised to keep Francis’ signature policies such as welcoming gay Catholics and discussing women’s ordination, echoed his predecessor’s frequent criticisms of the global economic system during his remarks on Tuesday.

The markets “turn human yearnings of seeking, traveling and beginning again into a mere business,” Leo said.

Reuters contributed to this report.

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How strong are Latin America’s military forces, as they face US threats?

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How strong are Latin America’s military forces, as they face US threats?

Over the weekend, the United States carried out a large-scale military strike against Venezuela and abducted President Nicolas Maduro in a major escalation that sent shockwaves across Latin America.

On Monday morning, US President Donald Trump doubled down, threatening action against the governments of Colombia, Cuba and Mexico unless they “get their act together”, claiming he is countering drug trafficking and securing US interests in the Western Hemisphere.

The remarks revive deep tensions over US interference in Latin America. Many of the governments targeted by Trump have little appetite for Washington’s involvement, but their armed forces lack the capacity to keep the US at arm’s length.

US President Donald Trump issues warnings to Colombia, Cuba and Mexico while speaking to reporters on Air Force One while returning from his Florida estate to Washington, DC, on January 4, 2026 [Jonathan Ernst/Reuters]

Latin America’s military capabilities

The US has the strongest military in the world and spends more on its military than the total budgets of the next 10 largest military spenders combined. In 2025, the US defence budget was $895bn, roughly 3.1 percent of its gross domestic product.

According to the 2025 Global Firepower rankings, Brazil has the most powerful military in Latin America and is ranked 11th globally.

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Mexico ranks 32nd globally, Colombia 46th, Venezuela 50th and Cuba 67th. All of these countries are significantly below the US military in all metrics, including the number of active personnel, military aircraft, combat tanks, naval assets and their military budgets.

In a standard war involving tanks, planes and naval power, the US maintains overwhelming superiority.

The only notable metric that these countries have over the US is their paramilitary forces, which operate alongside the regular armed forces, often using asymmetrical warfare and unconventional tactics against conventional military strategies.

INTERACTIVE - Latin America military capabilities - JAN6, 2026-1767695033
(Al Jazeera)

Paramilitaries across Latin America

Several Latin American countries have long histories of paramilitary and irregular armed groups that have often played a role in the internal security of these countries. These groups are typically armed, organised and politically influential but operate outside the regular military chain of command.

Cuba has the world’s third largest paramilitary force, made up of more than 1.14 million members, as reported by Global Firepower. These groups include state-controlled militias and neighbourhood defence committees. The largest of these, the Territorial Troops Militia, serves as a civilian reserve aimed at assisting the regular army against external threats or during internal crises.

In Venezuela, members of pro-government armed civilian groups known as “colectivos” have been accused of enforcing political control and intimidating opponents. Although not formally part of the armed forces, they are widely seen as operating with state tolerance or support, particularly during periods of unrest under Maduro.

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In Colombia, right-wing paramilitary groups emerged in the 1980s to fight left-wing rebels. Although officially demobilised in the mid-2000s, many later re-emerged as criminal or neo-paramilitary organisations, remaining active in rural areas. The earliest groups were organised with the involvement of the Colombian military following guidance from US counterinsurgency advisers during the Cold War.

In Mexico, heavily armed drug cartels function as de facto paramilitary forces. Groups such as the Zetas, originally formed by former soldiers, possess military-grade weapons and exercise territorial control, often outgunning local police and challenging the state’s authority. The Mexican military has increasingly been deployed in law enforcement roles in response.

History of US interference in Latin America

Over the past two centuries, the US has repeatedly interfered in Latin America.

In the late 19th and early 20th centuries, the so-called Banana Wars saw US forces deployed across Central America to protect corporate interests.

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In 1934, President Franklin D Roosevelt introduced the “Good Neighbor Policy”, pledging nonintervention.

Yet during the Cold War, the US financed operations to overthrow elected governments, often coordinated by the CIA, founded in 1947.

Panama is the only Latin American country the US has formally invaded, which occurred in 1989 under President George HW Bush. “Operation Just Cause” ostensibly was aimed at removing President Manuel Noriega, who was later convicted of drug trafficking and other offences.

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