Economy"We had good conditions for getting the economy going. But then this happened - the trade war has materialized", regrets Finance Minister Elisabeth Svantesson.
Economy
Economy professor: Trump’s tariffs rooted in “flakey” trade deficit analysis
EconomyThe trade deficits have nothing to do with the trade policies of the rest of the world. They have no indication whatsoever that anybody is ripping off anybody, especially that the rest of the world is ripping off the United States, according to Jeffrey Sachs.
Trump’s new tariffs take effect: “Lots of companies will be wiped out”
Economy"Everything that the US buys from China will disappear. There will be a huge price shock in every way and shortages of all kinds of things", says China analyst Alexis von Sydow.
EconomyBelieves that the US trade war will affect development worldwide.
Economist: Tariff turmoil temporary – Swedish economy remains resilient
Economy"Should not really affect our economy", says former Avanza economist Claes Hemberg.
Swedish coffee prices to surge tomorrow
EconomyA regular packet is expected to be almost €2 more expensive in the shops. "The biggest price increase I've ever seen", says the CEO of coffee manufacturer Lindvall.
Cartoon of the week
Comment: Sweden’s finances are only in top shape when it suits those in power
EconomyJenny Piper: One wonders where the fantastic government finances are when they are needed to take care of their own people?
Uncertainty over how US tariffs will affect Sweden
Economy"The immediate impact is of course on our savings on the stock exchange. Many people have already seen their funds fall in value", says Nordnet's savings economist Frida Bratt.
World condemns Trump trade tariffs – EU prepares countermeasures
Economy"That's what hurts most. It is one of our closest friends who is doing this", said Benjamin Dousa (M), Sweden's Minister for Foreign Trade.
Swedish food retail in few hands – ICA and Axfood dominate
Economy“It is incredibly difficult for smaller players to break into the market", says Jörgensen, pointing out that a lack of competition risks leading to higher prices.
Russian goods gain popularity in China
Economy“The best seller is Russian honey, it's a big hit", says a shop assistant in Beijing.
New US steel tariffs in force – EU responds with countermeasures
EconomyEU leaders estimate that new tariffs will cost the US €26 billion.
Northvolt files for bankruptcy: “Only available solution”
EconomyThousands are expected to lose their jobs in what is described as one of the worst corporate collapses in modern Swedish history.
Riksbank urges Swedes: Pay with cash
Economy“Use cash on a regular basis. Shops and banks need to see a demand for them to continue accepting them", the central bank governors states.
Trump establishes strategic Bitcoin reserve
Economy"There is a strategic advantage to being among the first nations to create a strategic bitcoin reserve".
ICA CEO on price hikes: “We’re doing everything to help”
EconomyICA Sweden made a gross profit of €2.4 billion last year - while reports warn that many Swedes can no longer afford to eat their fill.
Food prices keep rising – Swedes urged to boycott
SwedenSwedes urged to boycott grocery stores from March 17-23 to protest soaring food prices.
FBI: North Korea behind biggest crypto hack in history – $1.5B Stolen
EconomyThe stolen funds, according to the FBI, have been quickly converted to Bitcoin and spread across thousands of blockchain addresses to cover their tracks.
Norwegian Schibsted buys Swedish TV4
EconomyThe media group, which already owns a large number of other Swedish media, says the deal will strengthen “independent journalism” in both countries.
Analysis: US unilateral tariffs risk worsening the fentanyl crisis
EconomyTwo professors of law and international economics argue that Donald Trump's policies are undermining global trade.
160 000 Swedes lost their bank accounts in three years
EconomyNew record figures: In 2022 alone, Swedish banks threw out 60,000 customers.
The Danish economy is growing
EconomyThe pharmaceutical industry is considered the driving force behind economic growth last year.
Major US banks entering the crypto world
EconomyJP Morgan one of several major banks now betting on Bitcoin.
Price explosion in the Baltics after disconnection from the Russian grid
EconomyElectricity prices have risen significantly since joining the European system.
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