EconomyTwo professors of law and international economics argue that Donald Trump's policies are undermining global trade.
Economy
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.
North American trade war underway – Canada and Mexico respond with countermeasures
Economy25% tariffs from Canada and Mexico following Trump's decision - affecting everyday products such as beer, wine, fruit, vegetables and clothing.
Czech central bank wants to build Bitcoin reserve
EconomyFirst Western central bank to consider investments in the cryptocurrency.
EU may resume Russian gas imports
EconomyPart of potential upcoming EU-Russia peace deal, according to the Financial Times.
Sweden donates new major package to Ukraine
EconomyLargest package yet – an additional €1.2 billion of taxpayer money allocated to the war.
Microsoft announces steep subscription price hikes
EconomyThe 50% increase is said to fund the company's investment in AI technology in Word and Excel.
Here are the richest and poorest areas in Sweden
EconomyThe gap between Sweden's richest and poorest remains large.
Italy’s largest bank invests in Bitcoin
EconomyIntesa Sanpaolo becomes the country's first bank to invest in the popular cryptocurrency.
BlackRock CEO: Bitcoin could reach a value of $700,000
EconomyLarry Fink predicts that cryptocurrency could soon reach new record highs.
China reaches 5 percent growth target
EconomyAt the same time, looming US tariffs raise questions for 2025.
Reports: Chinese firms interested in Volkswagen’s struggling factories
EconomyHowever, it is likely to face opposition from both the trade union movement and the upcoming new Bundestag.
EU imports of Russian liquefied natural gas reach record levels
EconomyEuropean leaders want to boycott Russian energy - but Russian LNG imports have soared.
Swedish food prices soar – up 25 percent in three years
EconomyLast year, prices of almost 36,000 food products increased - and coffee has not been this expensive for over 50 years.
Russia is using bitcoin in foreign trade
EconomyAn important advantage of the cryptocurrency is that no one in the world can regulate it, according to President Vladimir Putin.
Economics writer on the European electricity market: “A failed joke”
EconomySwedish economics writer Andreas Cervenka notes the soaring prices and calls the electricity market “a failed joke”.
Credit giant Klarna fined $43M for violating money laundering rules
SwedenKlarna failed to meet requirements for risk assessment and customer due diligence, according to the Swedish Financial Supervisory Authority.
Swedish restaurateur suspended from bank after ten years – no explanation given
Sweden“It's so sick that you can be treated this badly as an entrepreneur in Sweden”, says Linda to The Nordic Times.
Putin: 3 out of 4 Western companies remain in Russia
EconomyThe sanctions have had a severe impact, but according to the President, only a quarter of Western companies have actually left the Russian market.
Bitcoin reaches historic milestone – passes $100,000
EconomyTrump's nomination of "crypto czar" Paul Atkins to head the SEC is believed to have accelerated the rise.
The global arms industry is booming
EconomyThe 100 largest arms manufacturers in the world increased their sales by 4.2% last year and have a turnover of almost $632 billion.