SwedenMost cars are financed by loans or private leasing.
Economy
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.
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.
Cartoon of the week
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.
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!
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.
German car dealers turn down electric cars
EconomyThe cars are described as "almost unsaleable" and customers are reluctant to spend large sums on vehicles whose technology is quickly becoming obsolete.
New BRICS currency could be in place as early as 2025
EconomyThe new “Unit” payment system will be based on gold and blockchain technology.
Parents in Sweden dip into their children’s savings to make ends meet
Economy"The trend reflects the fact that many families with children are finding it difficult to make ends meet", says economist Stefan Westerberg.
Ferrari to accept crypto payments in Europe
EconomyAfter testing the payment solution in the US market, Europe is next.
Nvidia surpasses Microsoft to become the world’s highest valued company
EconomyThe semiconductor company's market capitalization is just over $3.3 trillion, slightly higher than Bill Gates' IT giant.
Norwegian banks’ profits hit record high
EconomyMake €2.9 billion in profits in the first quarter of the year.
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.
Despite weak krona – Swedes reject the euro
EconomyOnly 24 percent of the population say they are in favor of replacing their currency.
Pharmaceutical giants invest billions in France
EconomyPfizer and Astra Zeneca ready to invest almost a billion dollars in their French enterprises.
World Bank chief calls on “rich” countries to raise hundreds of billions for Africa
EconomyEmphasizes that it is an “investment” and says that “if Africa develops well, Africa also has a lot to offer the world”.
The importance of alternative means of payment
EconomyHow to get started with the new revolutionary apps and the shift to decentralized privacy-friendly payment methods.
Russia’s economy expected to outpace West
EconomyDespite the sanctions, Russia is expected to grow at a faster rate than the United States, France, and Germany.
Sweden’s Riksbank urges action to prevent cash from becoming obsolete
EconomyWe are rapidly approaching a situation where "cash is practically useless in Sweden", warns Elin Ritola, head of the Riksbank's department.
Swedish households financially crippled
Economy– Between 700,000 and one million Swedes are now experiencing financial difficulties, says a researcher at Statistics Sweden.
Alarming rent increases put pressure on Swedish households
Economy"Where will ordinary people live?" asks Andreas, a single father from Gothenburg.
Finland
Finns ate more meat last year
Bob Moran’s cartoons
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Science
Study: Fluoride in drinking water may impact children’s cognitive ability
Study: Dog relationships more reliable than best friends
Environment
The forest lives when trees die
Moose and polecat added as threatened species on Sweden’s red list
Letters
