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Question surrounding Victor Muller's consultancy fees as Saab automobile craved money in the last minutes before bankruptcy
Friday, 24 May 2013
Question have continued to be asked seeking clarification about where
all the money within the Swedish automaker, Saab automobile went to
just a few months before the company went under. It is being claimed
that the last bastion of money that was left was signed over by the CEO
and Chairman, Victor Muller in a buzzard and controversial fashion
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Nissan Recall thousand of cars for fear of faulty steering
Thursday, 23 May 2013
The Japanese carmaker, Nissan Motor recalls 841,000 cars worldwide due
to problems with the control system. Not known how many will be
recalled from Sweden, Denmark, Norway or Finland. Details from SkyNews
The extent of Ericsson's bribery practices exposed a new report says
Thursday, 23 May 2013
Telecoms giant Ericsson gave a Swiss agent a heavy plastic bag, which
was handed over in a park.
Swedish financial service authority penalised Forex Bank and given them a warning
Wednesday, 22 May 2013
Forex Bank in Sweden has been warned and penalised to pay Skr 50
million for failing to handle its financial operations with a failed
financial services organisation Panaxia, by the Swedish Financial
Authority, Finansinspektionen (FI).
New information that has throw hot water on the dodgy nature TeliaSonera's business in Uzbekistan - A culture of bribery and corruption
Wednesday, 22 May 2013
New information on TeliaSonera's controversial business in Uzbekistan
has emerged in which various Swedish media sources are reporting that
the company negotiated as recently as last August with Gulnara
Karimova, the daughter of the country's dictator for exclusive business
access.
Ericsson laying off over 350 workers - Two localities affected
Tuesday, 21 May 2013
Swedish telecom giant, Ericsson has decided to discontinue the
manufacturing of telecom cables and put a notice to cut 318 services in
Hudiksvall and 36 services in Stockholm. Details from Bloomberg
Capacity cuts to take place in September in Holmen
Tuesday, 21 May 2013
Timber company, Holmen which previously announced closures of PM 3 at
Hallsta Paper Mill and PM 51 at Braviken Paper Mill says that will take
place towards the end of September.
Three people in Saab's management suspected of economic crimes
Monday, 20 May 2013
Three people from Saab Automobile's former management is suspected of
serious evasion of tax for the period 2010 until 2011. Two persons have
been arrested.
A new accident in textile factory that produces clothes for H & M
Monday, 20 May 2013
H & M factory collapses in Cambodia signalling the growing problems embedded in factories in Asia.
Directors in Telecoms company, Ericsson accused of financial swindle
Monday, 20 May 2013
Swedish telecoms company, Ericsson is accusing three former executives
of embezzling over Skr200 million.
Deep-sea mining gradually becoming a reality - reports the BBC
Sunday, 19 May 2013
The prospect of a deep sea "gold rush" opening a controversial new
frontier for mining on the ocean floor has moved a step closer, according to the BBC
Car theft is dramatically falling in Sweden though car insurance continues to rise
Saturday, 18 May 2013
Since the year 2000, car theft in Sweden has continued to fall but auto
insurance in this country has gone the opposite direction. What is
going on?
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Talking about tax dodging, British politicians grilled Google and today to interrogate Amazon about taxes - Reuters.
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This is how Britain will fare if the they vote to leave the EU - Reuters
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Stockholm school of Economics has paid its Rector Rolf Wolff to go
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Income inequality said to be is growing fastest in Sweden - Surprise challenge to the over hyped welfare state.
Seeking political solution to the rioting and violence in Stockholm, Stefan Löfven ask the key question: What is the cause?
Saturday, 25 May 2013
One of the few politicians who visited Husby, the epicentre of the
rioting that started last week is the leader of the opposition, Social
Democratic party, Stefan Löfven. He went there to try to understand the
troubles that have led to this and started by asking the question
"what are the causes of this disdain."
Rioting in Stockholm spread to other cities as extreme right wing groups join in to maintain order and provoke
Saturday, 25 May 2013
The unrest that has rocked Stockholm, the Swedish capital for the past
week now continued last night. The situation looks like it is now
gradually degenerating into a race war for the far-rights have been
spotted stepping in a more provoking manner.
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Stockholm on fire for the fifth night in a row as youth clash further with the police while destroying properties
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What is the economic benefit of social and economic exclusion, discrimination, and alienation? The case of Sweden, for example
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Trouble in British Skies:
Why did the Pakistan Flight PK709 Diverted To Stansted? Two Men 'Repeatedly Tried To Enter Cockpit' - Huffington Post reports
Friday, 24 May 2013
Image: BBC tv footage
The
two men arrested at Stansted Airport after their flight was diverted
from Manchester and escorted by an RAF fighter jet had repeatedly tried
to enter the cockpit of the plane, according to report, as Huffington post elaborates.
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British fighter jets scrambled to accompany a Pakistani Flight PK709 passenger plane after security alert - Reuters
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A British Airways (BA) plane had to return to Heathrow Airport to make an emergency landing after black smoke was seen coming from one of its engines - BBC
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Investigation under way into a dramatic incident in the skies over London as a smoke-trailing British Airways plane turned back to Heathrow airport with one engine on fire - Liverpool daily Post
Swedish economic growth turned to be weaker than normal - NIER
Friday, 24 May 2013
Swedish economic growth has turned out to present a weaker that normal
performance, according to the Swedish National Institute for Economic
Research (NIER) in its monthly economic assessment.
Democracy triumph in Gothenburg as congestion charge policy put in a referendum
Thursday, 23 May 2013
Democracy has won in Goteborg, Sweden second largest city, which
instituted amidst consternation from the public congestion charge zones.
The social democrats and its Alliance getting ready of the Swedish office - New opinion polls say
Thursday, 23 May 2013
The Swedish Social Democrats and its opposition coalition are doing
well when it comes to the political feelings among voters. New opinion
poll shows that they are surely on their ways to the Swedish governing
office if the polls where to be believed.
Amnesty International criticises Finland again for its action of refugee
Thursday, 23 May 2013
Finland is not treating asylum seekers in a way expected of a country
of its statue. This is the view of the human rights organisation,
Amnesty International in its annual report on Finland.
Finnish income gap lower than European average according to a new analysis
Thursday, 23 May 2013
Income differences in Finland are below the average in Europe,
according to Statistics Finland. The gap between richest and poorest is
largest in Latvia and Bulgaria and smallest in Norway and Iceland.
Denmark agrees to assist Afghan interpreters and to grant then refugee status
Wednesday, 22 May 2013
Denmark will assist the interpreters and other local employees who
worked for the Danish forces in Afghanistan, the Danish Minister of
Defence announced today.
More violence in Stockholm suburb for the third night in a row
Wednesday, 22 May 2013
There has been unrest in several places in Stockholm during today's
evening. Masked young men have thrown stones in the locality of
Hagsätra and Rågsved and a police station was set on fire.
In Hjulsta, there has been car fires and in Husby, there have been
stoned throwing whereby five people have been arrested, suspected of
conspiracy to arson.
Denmark getting ready to receive one months of rain in a few hours - More weather conundrum
Wednesday, 22 May 2013
The inhabitants of Jutland, Funen and West and South Zealand, Lolland and Falster can look forward to heavy rain towards midnight, while in North Jutland is at risk of heavy rain, new Danish met office weather forecast for the country reports.
British economy ticked down by IMF. The Shadow chancellor Bulls emerging as intelligent to handed the economy than Osborn
Wednesday, 22 May 2013
The International Monetary Fund called on Britain's government on
Wednesday to do more to speed up slow economic recovery, hinting that
the country might be able to afford to borrow more to fund investment.
Labour and Ed Bull emerging as knowing the handling of the economy
better Read more from Reuters
Expected falls in investments in Swedish industrial sector
Wednesday, 22 May 2013
Swedish industrial sector plans to decrease their investments as signs
show a growing planned fall in volumes of expected planned investments
such as in buildings and equipments. In 2013, some Skr53.7 billion in
current prices stand at to be at stake in.
Dozens of fires light up the dark Stockholm Suburbs as more youths descend on the streets for a third night of carnage
Wednesday, 22 May 2013
Masked young people with lighter fluid have again last night fired up
cars and threw rocks at police in the Swedish capital, marking the
third night in a row when some young people descended on the capital to
vent their anger, or continued to create disorder.
Former CEO of Saab automobile, Jan-Ake Jonsson arrested for serious economic offenses or various financial improprieties
Tuesday, 21 May 2013
Image from Swedish Television
The former boss of Saab automobile, Jan-Ake Jonsson and his former
chief Financial Officer, Karl G. Lindstrom are now confirmed to have
been the ones arrested as we reported yesterday.
Softening of stance in favour of democracy: Conservatives agree on referendum in Goteborg congestion zone saga
Tuesday, 21 May 2013
It looks like the resistance mounted recently by the political figures
in Gothenburg to insist on the congestion zone is softening
One in five Norwegians of working age not working blamed on Doctors
Monday, 20 May 2013
One in five Norwegian of working age do not work, and so it has been
for many years. The doctors who dish out prescriptions to people
determined by the Conservative party as fit need to be reviewed and
properly controlled.
Swedish Green party move a step forward while Christian Democrats shifting toward extinction - New Opinion poll
Sunday, 19 May 2013
New opinion poll out on Sunday taking the temperature of the Swedish
political scene show how the Christian Democrats are struggling to keep
with a very tough crowd and the Green party see light at the end of its
tunnel.
Sweden assess time bomb in sewers pipes giving way- must be replace else...
Sunday, 19 May 2013
Swedish officials are worried that sewage and water pipes are corroding so much that if nothing is dine quickly, there is a time bomb in the waiting. But official argue that there is the need to increase water rates in order to meet that demand.
Different laws in taxes and fees from the open EU threatens
Sunday, 19 May 2013
Swedish construction and transportation sectors have been calculated
to be worst exposed to the effects of extreme competition and distortion from
various EU places such that it could heavily affect Swedish businesses and companies.
Sweden
Saturday, 18 May 2013
Photo: Swedish television, winner of teh Euro vision contest.
The Swedish city of
Which are the countries in EU where homosexuals are harassed most?
Saturday, 18 May 2013
Lithuania
tops the list of countries in the EU where guy people feel unsafe while
homosexuals in the Netherlands feel less discriminated against.
Norway to cut aid to Tanzania by 2025 but to increase it to impoverished Malawi
Friday, 17 May 2013
Norway believes that it is now time to stop giving hand outs or
economic aid to some African countries such as Tanzania. In that light,
International Development minister, Heikki Holmås is working the most
subtle ways of cutting down aid to Tanzania.
Norwegian counties are banning the Niqab in schools - First step towards country wide ban?
Friday, 17 May 2013
Various Norwegian local authorities have decided after a very strong
and heated debate to introduce a ban on the niqab and other
comprehensive headgear at all high schools.
Swedish Research: New findings may
stop the early aging disease Progeria
Friday, 17 May 2013
Progeria otherwise know in as HGPS (Hutchinson-Gilford Progeria
Syndrome) an extremely rare, fatal genetic condition which affects
children and gives them an appearance of accelerated aging seems to be
opening up to the route of cure led by researchers in Sweden.
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