EconomyThe cars are described as "almost unsaleable" and customers are reluctant to spend large sums on vehicles whose technology is quickly becoming obsolete.
Economy
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.
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.
Swedish food prices stable in March
EconomyIncreased by 0.1% last month, according to Matpriskollen's review.
Young Swedish adults do not understand economics
EconomyOnly one in three understand how inflation works and researchers warn that the lack of knowledge is "alarming".
“Chocolate crisis” awaits
EconomySwedbank commodity analyst Jörgen Kennemar advises consumers to "stock up" before prices rise again.
Four out of ten single Swedes borrow money to pay for essentials
EconomyOne in five can no longer afford to eat every day - and one in two struggle to pay for their children's leisure activities.
Sweden set for EU’s weakest growth in 2024
Economy– The future economic outlook is subject to considerable uncertainty, says EU economy commissioner Paolo Gentiloni.
Germany passes Japan as third largest economy
EconomyThe US is still the largest economy in the world – with China in second place.
More people buying used for economic reasons
Economy– Second-Hand trade has established itself as a natural part of Swedish commerce, says Sofia Larsen, CEO of the Swedish Trade Association.
Swedish government: “Unemployment will continue to rise”
EconomySweden's unemployment rate rose to 8% in 2023.
A dismal year for German electric cars
EconomyThe goal of having 15 million electric cars on German roads by 2030 is considered unrealistic, and automakers are scaling back production.
Swedish Tax Agency protects income data
EconomyIncome data will no longer be made public following a reassessment by the agency.