Economy“There is no chance that the BRICS will replace the U.S. Dollar in International Trade, and any Country that tries should wave goodbye to America”.
Economy
Soaring utility fees put pressure on Swedish households
Economy"These are unavoidable costs on monopoly-like markets".
Soaring rent hikes in Sweden threaten to leave families homeless
Sweden“Can't eat my fill and can't go to the dentist. The pain threshold has been reached. Already having to cut back on food and essential care”, reads one of many testimonies.
Concern in the vaccine industry after Kennedy’s nomination
EconomyVaccine giants' share prices plummeted after Trump nominated RFK as new health secretary.
IMF: EU continues to lag behind the US
EconomyThe EU's GDP per capita is now only around 72% of the US level.
Bitcoin hits $80,000 after Trump’s election victory
EconomyBitcoin reached $80,000 on Sunday, its highest level in its history.
Cartoon of the week
Swedish unemployment continues to rise – government to invest in vocational education
Economy"The Swedish labor market has long suffered from a mismatch, with employers looking for skills while many are unemployed".
Former Italian Prime Minister: Europe risks becoming a colony of great powers
EconomyFormer Italian Prime Minister warns that Europe could risk becoming a colony of the US or China if it fails to make significant investments.
FUTO – the obvious choice for privacy-friendly voice and text input on mobile devices
TechDitch Google's input apps and keep what you type and speak private on your phone.
Swedish crypto exchange launches new cryptocurrency salary payment service
EconomyTrijo’s CEO, Arvid Börje Ramberg, sees this as a natural development as digital currencies gain broader acceptance.
340 employees to leave Northvolt
Economy"These tough decisions have to be made to secure the future of the company", says Shaneika Jeffreys, vice president of Unionen at Northvolt in Skellefteå.
Toyota ends sponsorship of Pride and Olympics
EconomyThe company aims to "narrow its community activities" to less controversial events.
Study: Money the biggest motivator for reducing food waste
EconomyWallet more important to Danes than the climate, says Copenhagen University study.
One in three Swedes worry about food shortages
EconomyMore than half of the respondents believe that Sweden will not be able to provide for its population in times of crisis.
More Swedes apply for debt restructuring – but most are rejected
Economy“Debt restructuring is not a shortcut, but a last resort”, says Per-Olof Lindh, Department Head at the Swedish Enforcement Authority.
Report: Most Swedes use loans or leasing for car purchases
SwedenMost cars are financed by loans or private leasing.
District heating prices soar in Sweden
EconomyWhile the national average price increase is 15.2%, prices have risen by more than 30% in many municipalities.
Organic Maps – the map app that doesn’t map you
TechTired of Google Maps tracking you? Here's the free alternative that lets you navigate completely offline!
Google wins EU court case over market dominance allegations
EconomyThe US tech giant was accused of abusing its dominant position in the advertising market - and escaped a €1.49 billion fine.
Swedish Enforcement Authority warns: “A family with children is evicted every day”
Economy"It is deeply worrying that the number of children affected by evictions remains at such a high level. Every child affected by an eviction is in a very vulnerable situation"
Fewer Swedes make ends meet – debt collection at record levels
Economy"If the trend continues, there could be more than ten million cases this year for the first time", says Fredrik Engström, chairman of the Swedish Debt Collection Agency.
Food prices continue to rise: “Hits households hard”
EconomyA previously cheap staple such as potatoes now costs between SEK 20 and 25 per kilo in many stores.
US credit card debt at record levels
EconomyNow at a staggering $1.14 trillion, "More people are carrying more debt for longer periods of time".
Swedes’ debt at record levels: “there isn’t enough money”
EconomyThe Swedish Enforcement Authority calls the situation "very serious". Warns that many people risk ending up in poverty, exclusion and with mental illness.
Comment: EU sanctions package against Russia has backfired
EconomyJenny Piper: One of the biggest economic disasters in modern European history.
Cashless payments increase spending
EconomyHowever, it does not lead to people giving more tips or donations.
Teuton Systems offers smart privacy-focused technology – without compromise
TechWe take the fight against corporate snooping, mass government surveillance and criminal phone tapping through firm open source principles and secure products.
