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SWEDEN RECESSION
Global finance ministers warn of prolonged market impact from Middle East conflictGlobal finance ministers warn the Middle East conflict will continue to impact growth and inflation. Even a lasting peace will not immediat...- Inspired by Greta Thunberg, Sweden invented flight shaming, now it’s desperately begging airlines to come backSweden flight shaming is now facing a major reversal as the country scraps its controversial air tax to boost its struggling economy. Once ...
- Sweden in recession as Q3 GDP shrinks more than expected from Q2Compared to the corresponding quarter last year, GDP shrank 1.4%, more than a flash estimate that had indicated GDP would shrink 1.2%. The ...
- Dollar gains on flight to safety; pound, Swedish crown, kiwi struggleThe impasse in Washington over debt ceiling negotiations has helped lift the dollar, even though it could lead to a default and push the co...
- Swedish earnings, Daimler support European stocks ahead of EU summitThe pan-European STOXX 600 index rose 0.2% by 0714 GMT, with automakers jumping 1.8% after Daimler AG said it expects to post a smaller-tha...
- EU proposes 750 billion-euro coronavirus recovery fundThe big question will be how much money will take the form of grants and how much would be loans.
- Widening bond-dividend yield spreads raise recession worriesAbout $16-trillion of global bonds now yield negative returns.
- Why central banks have premature rate-hike anxietyFor BCA Research's Dhaval Joshi, a better question might be how long those rates will last before they must come down again.
- Why Barack Obama won, what can be his legacyThe US President's economic track record was defensible and that contributed to his victory. Now he needs to embrace spending cuts and esch...
- India is world's second most economically confident country: ReportAccording to global research firm Ipsos, India's economic confidence jumped by 9 points to 74% in February compared to the previous month.
- BoE moves closer to Fed on stimulusBank of England Governor Mervyn King has moved closer toward joining the Federal Reserve in a global push to add stimulus and stave off ren...
- Tough times breed good leadersTough times breed good leaders. This is quite contrary to the boom time, where every other corporate manager appears like a leader, despite...
- Eurozone industrial production in another big riseThe industrial recovery in the 16 countries that use the euro appears to be gathering steam after official figures Wednesday showed that ou...
- Finland, Sweden hit by record official recessions in 2009Blast of the global downturn hit Finland & Sweden with the worst recessions for more than half a century last year. File: Crisis at AIG | W...
- Eurozone economic recovery falters in Q4The eurozone's economy barely grew in the fourth quarter, as the single currency bloc's recovery from the recession was constrained by its ...
- Eurozone unemployment hits 10 percentUnemployment in the 16 countries that use the euro reached 10 percent in November for the first time since the currency was adopted in 1999.
- Latvia to get 7.5 bn euro loan package: EUInternational donors have agreed to provide Latvia with a 7.5-billion-euro loan package to help the embattled Baltic country cope with a se...
- High-spending Swedes slightly deterred by world crisisSwedes are still expected to spend more than last year at the Christmas period despite the global financial crisis, though the increase wil...
- Sweden falls into recession in third quarter: statisticsSweden fell into recession in the third quarter after its economy contracted 0.1 percent for two successive quarters, the national statisti...
- Economic crisis sweeps deeper into AsiaAsian economic giants Japan and India revealed fresh damage from the global financial crisis, which has battered international trade and co...
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