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Sweden’s ruling center-left in slim election lead, exit poll shows

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December 5, 2022
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Sweden's ruling center-left in slim election lead, exit poll shows
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The survey by public broadcaster SVT gave Prime Minister Magdalena Andersson’s center-left bloc 49.8% of the votes against 49.2% for the opposition right-wing parties.

Opinion polls have shown the race too close to call throughout much of the campaign and exit polls can differ from the final result. A TV4 poll on election day also showed the center-left commanding a narrow lead.

The exit poll predicted the center-left — led by Andersson’s Social Democrats, in power for eight years — would win 176 seats, one more than the 175 needed for a majority in the 349-seat parliament. The right was poised to win 173 seats, the exit poll showed.

“The SVT exit poll has been right every time they since they began doing them,” said Mikael Gilljam, Professor of Political Science at Gothenburg University.

“We don’t know if this is the case this time. But if I have to put money on someone, it will be on the left.”

Campaigning had seen parties battle to be the toughest on gang crime, after a steady rise in shootings that has unnerved voters, while surging inflation and the energy crisis following the invasion of Ukraine have increasingly taken center-stage.

The SVT exit poll showed Jimmie Akesson’s Sweden Democrats, which demand that asylum immigration be cut to virtually zero, with 20.5% of the vote, up from 17.5% at the previous election.

While law and order issues are home turf for the right, gathering economic clouds as households and companies face sky-high power prices had been seen boosting Prime Minister Andersson, viewed as a safe pair of hands and more popular than her party.

“I have voted for a Sweden where we continue to build on our strengths. Our ability to tackle society’s problems together, form a sense of community and respect each other,” Andersson said after voting in a Stockholm suburb.

Andersson was finance minister for many years before becoming Sweden’s first female prime minister a year ago. Her main rival, Moderates leader Ulf Kristersson, had cast himself as the only candidate who could unite the right and unseat her.

Into the mainstream

Kristersson has spent years deepening ties with the Sweden Democrats, an anti-immigration party with white supremacists among its founders. Initially shunned by all the other parties, the Sweden Democrats are now increasingly part of the mainstream right.

“Regardless of what happens tonight, the most important thing for me, for us, for all Sweden Democrats around the country, is the darn 175 seats so that we can finally bring about a change of power and our pro-Sweden policy,” Akesson told supporters at an election night rally.

But for many center-left voters — and even some on the right — the prospect of the Sweden Democrats having a say on government policy or joining the cabinet remains deeply unsettling.

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“I’m fearing very much a repressive, very right-wing government coming,” Malin Ericsson, 53, a travel consultant, said earlier on Sunday at a voting station in central Stockholm.

Other voters were keen to see change.

“I have voted for a change in power,” said Jorgen Hellstrom 47, a small business owner, as he voted near parliament. “Taxes need to come down by quite a bit and we need to sort out crime. The last eight years have gone in the wrong direction.”

Kristersson had said he would seek to form a government with the small Christian Democrats and, possibly, the Liberals, and only rely on Sweden Democrat support in parliament. But many on the center-left were not reassured.

Whichever bloc wins, negotiations to form a government in a polarized and emotionally-charged political landscape are likely to be long and difficult.

Andersson will need to get support from the Centre Party and the Left, who are ideological opposites, and probably the Green Party as well, if she wants a second term as prime minister.

Source by www.cnn.com

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One man’s food is another man’s junk. That’s the same concept with the regulation of cryptocurrency ads. While other platforms see it as a means of expanding the crypto community, others see it as taboo to promote such “Ponzi schemes.” Nonetheless, it should be noted that either platform allows crypto ads or not; it still wouldn’t stop cryptocurrency from existing or stop investors from investing. The only disadvantage is that it might take more time for the new cryptocurrency to circulate worldwide. The regulation of crypto ads by online platforms is synonymous with regulating crypto activities in some countries. Several individuals have their own opinion regarding what the crypto platform is or would turn out to be in the nearest future. So, it’s practically impossible for the crypto community not to have opposition. But, as an investor, you should note that crypto advertisement would not mean you make a little less profit, especially if you are a day trader. You do not need any crypto ads before you can buy Cardano; you just have to visit the right exchange platform to buy as many units of Cardano as possible. So, in the long run, banning crypto ads is insignificant. Crypto ads restrictions and bans Advertising of crypto-related projects has always been allowed till around 2018. However, just a few months into 2018, Google, Twitter, and Facebook banned cryptocurrency advertisements on their platforms. After this, there was no avenue to advertise crypto, such that no legal company could buy tokens even via the ICO. Before this, Facebook had labelled cryptocurrency and all crypto-related business as fraudulent and misleading. A few months later, Facebook and Google lifted this ban partially, thereby allowing the advertisement of crypto-related businesses and cryptocurrencies from approved advertisers alone in Japan and the United States. This year, Google has again loosened up its grip on the advertisement of crypto-related projects, allowing better propagation of crypto-related news via their platform. The inflow of large investors like Square and Tesla buying million’s worth of bitcoin this year boosted most platforms to allow the advertisement of cryptocurrencies on their platforms. Also, one of the oldest banks in the United States, BNY Mellon, has shown interest in the cryptocurrency community, forcing the hands of several notable platform owners like Facebook, Twitter and Google to allow crypto-related ads. On the other hand, Visa had also announced its cooperation with BlockFi to release a credit card that offers clients cashback in bitcoins. In 2021 alone, just after Tesla made its $1.5 billion Bitcoin investment, the cryptocurrency market cap for the first time in its history capped $1.4 trillion, surpassing Google stock. The crypto community had grown over the last couple of years, even before bans were lifted on crypto ads. However, it is worthy to note that the bans imposed on crypto ads had little influence on the propagation and growth of the crypto community, although this influence is not too pronounced. Some of the changes made by Google on August 3 this year will also help loosen its grip on crypto ads restrictions, allowing crypto wallets and exchanges to be announced and advertised using their platform. It should be noted that crypto ads regulations differ from one country to the other, and while some impose regulations on crypto ads, some went as far as banning any crypto-related ads platforms. How do Global Regulations affect Crypto Advertising? Currently, in some countries, advertising does not align with financial authorities. However, some countries do not rush to take restrictions or impose bans on innovations as others do. Instead, they study and analyse the situation weighing their opportunities and weakness as regards innovation. Thus, with this kind of orientation, crypto ads regulation could be predicted, especially from platforms to platforms. While one platform can impose stringent restrictions, others might have their dos and don’ts with fair judgments. As explained above, Google, Snapchat and Facebook, and other giant social platforms have embraced the advertisement of crypto and crypto-related projects using their platforms. And as they’ve done, more platforms are beginning to loosen up on their restrictions. However, it’s advisable that if you are a crypto ads investor, you should source for alternative platforms where you can get traffics and views from other than these big platforms. If you want to buy Cardano, you can visit the nearest reputable exchange platform at your fingertips to get as many Cardano as you deem fit. Who knows if you haven’t heard of Cardano, social media platforms could be the first place to start by learning from others’ experiences. This and many more are some of the advantages of allowing crypto advertisements on social platforms.

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