Sweden is waiting to win six Olympic
medals in London Monday, 23 July
2012 Sweden will
take a total of six medals at the Summer Olympics in London, two of
them could be gold. They will come behind Norway who is pitted to
collect 10 medals, according to the American big bank Goldman Sachs in
a calculation after analyzing the link between economic growth and
prosperity for countries in the Olympic Game
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July 2012 The Swedish -
British pharmaceutical company AstraZeneca reported earnings per share
for the core (Core) at $ 1.53 in the second quarter of 2012 (1.73), as
shown on its interim report.
July 2012 The Finnish
mobile phone giant Nokia reported a loss before tax of €878 million,
about Skr7.5 billion, for the second quarter. This compares with a loss
of €544 million the same period in 2011
July 2012 Swedbandk
seems to have detracted from that role in its latest quarterly report.
It CEO Michael Wolf delivered a slightly lower profit in the second
quarter than would have been expected.
July 2012 Nimbus Boats,
the largest manufacturer of pleasure boats in Scandinavia which
headquarter in Långedrag, Gothenburg has applied for bankruptcy
protection and currently being taken over by the administrators.
Monday, 02 July
2012 Big and leading
Norwegian companies such as the Oslo Stock Exchange, Schibsted, DNB,
PST, and the Norwegian Bettingas as well as and online newspapers have
been attacked by hackers.
Friday, 22 June
2012 As the global
financial market has been struggling in the past months as a result of
the financial crisis and the Euro crisis, the banks will likely be
dragging it down once again.
Friday, 27 July
scientists are developing what could be called a ground breaking
approach in medicine which will see a model whereby the urge sensation
for alcohol consumption will be removed from the brain.
Friday, 27 July
2012 Swedish people
are choosing to give up their fixed line subscription and lean towards
mobile telephony instead. Today, there are about 4.5 million Swedes who
have a fixed line rental, and that is 700 000 less than it was just
three years ago.
companies are ready lining up to start establishing themselves in the
former military dictatorship in Burma. Telecoms giant Ericsson and the
two truck manufacturers Scania and Volvo are the few that have shown
indication that they will be heading the queue.
July 2012 Sweden is a
small country that wants to behave as a big economy. However, its
unfortunate position is that it relies most on exports for survival.
Therefore, as efficient as Sweden is in the inside, it cannot influence
how the outside will be.
July 2012 "Immigrants
come here and take our jobs," the Swedes always say most of the time
when they see eastern Europeans. Now maybe is the time the Swedes go
and take the jobs from other people, in their own countries.
July 2012 Left of this
Nasa image show full ice cover and the the Greenland on the right
shows no ice - puzzling! A new image
from NASA has shown that in just four days there has been a large
Greenland ice melt in key areas, which jumped from 40 percent of the
ice sheet to 97 percent from 8 July.
July 2012 As the Swedish
economy continues to struggle and its infrastructure needing
people, or better still analysts and pressure groups - lobbyists?, are
talking here and there about that this is the best time for the
government to borrow and kick start an infrastructure development or
redevelopment and expansion. Is the real?
July 2012 The Danish
economic situation is not as good as one would associate it with the
supposedly buoyant Scandinavia. Unemployment in Denmark, which has
traditionally been around 2 to 3 percent, is now loosen up and growing
Sunday, 22 July
2012 The world's
super-rich are reported to have hidden hundreds of billions of dollars
in tax havens. The money has mostly been hidden from the tax collectors
- money which if collected would have been enough to pay off the
national debts of several African countries - or solve euro crisis -
according to a new report circulating in Sweden.
July 2012 If killing the
Indian tourism industry or no allowing economic assistance to the needy
in protest of Scandinavia refusal to deport a terror suspect is the way
to go about it, then India will pursue just that.
July 2012 Britain became
one of the industrialised countries that could not produce tangible
goods even though many revolutionary creations started from here. They
shifted to the financial and banking sector.
July 2012 Swedish venture
capital organisations want to be accepted by the Swedish population as
a way of financing and growing businesses. For this reason, they want
to come clean and transparent - Yeah?
Monday, 16 July
2012 The Olympic
Games is in London but the Swedish business people will be cashing on
it as if it were in Sweden. Therefore, Swedish traders are
boost in their operation in conformity with the game.
Friday, 13 July
2012 The Swedish
governing coalition, the Alliance and the current Prime Minister,
Fredrik Reinfeldt, could be described as working extremely hard to
improve situations in the country and the economy. Nevertheless, the
public does not seem to understand what they are doing.
July 2012 Swedish
State-owned energy company, Vattenfall confirmed media reports that it
will build a new gas and steam turbine power plant in Hamburg, Germany
as it work up to gain from the energy sector which is one of the
fastest growing business sector globally.
Wednesday, 11 July
2012 The like of
Barack Obama, Finnish far right party leader, Timo Soini, German
Chancellor, Angela Merkel, British Prime minister, David Cameron,
French president Francois Hollande are among the 13 people that have
been classed as destroying the global economy.
July 2012 US national Eva
Rausing, 48, a member of the family behind the Tetra-Pak cartons
empire, was found dead at Cadogan Place, Belgravia, London on Monday.
Her husband arrested and kept in a clinic for drugs related issues.
July 2012 Traditionally
internet surfing during working hours or what is referred here as
private browsing is discouraged. But that looks like it might soon
change if the finding result from a recent study is considered credible.
July 2012 A
new cancer risk alarm warns that there is higher possibility to be
affected by malignant melanoma in a coastal region in Sweden such
as more Gothenburg as well as along the coastline than in the
municipalities interior, a new observatory study has identified.
July 2012 New
orders for Swedish industry increased by 4.5 percent in May compared
with April. On an annual basis, however, the total orders show a
continued fall. In May it fell by 3.3 percent over the same month last
July 2012 The
Norwegian government has taken a bold step to stop a pending strike
that was on its way in the sector by platform workers and prevented a
possible shutdown of oil production that the strike would have ensure.
The government's action was saving a situation that could have cost
Monday, 09 July
citizens and companies are having their assets in Swedish bank accounts
frozen by the EU. Some 20 accounts with a total of Skr150 million is
reported to be affected but the matter is not robustly made public by
the Swedish FSA, (Finansinspektionen, FI,) and the, Foreign Ministry.
Monday, 09 July
Democrats and its leader, Stefan Löfven says that they sees no way in
which there could be a future collaboration with the
their party. However, he holds the door open to welcome the smaller
bourgeois middle parties.
Friday, 06 July
2012 Annie Lööf, Leader of the Centre
party. (Img Svt) -----> If elections
were to be held today, the Swedish Centre Party will not be able to get
access to the parliament. As such it will not take part in the
bourgeoisie government which it has been part of for six years now.
Friday, 06 July
2012 One major
observation in Norway which might encourage Sweden to look into closer
is its labour market. The gap between Norwegians and immigrants has
narrowed, suggesting a pretty welcoming and broad based market.
July 2012 Swedish Finance
Minister, Anders Borg (Moderate) does no longer see a Greek state that
will not reach bankruptcy. He calls for more assistcne and
understanding from the Troika group.
July 2012 Many middle
class Swedes have been found as having it hard to carry out any form of
savings. This comes after the bank, Länsförsäkringar posit that
group of Swedish people do not manage to pay their bills if their
salary falls inside the end of the month.
July 2012 European
vacating Swedes can thank Stefan Ingves for a record-cheap Euro as
oppose to the Swedish krona. The exchange rate has not been low in 11
years but it remains to see how this affects Swedish tourist industry.
July 2012 The
characteristic of the job market is made such that there is a sector of
the population that can get all the help it needs to improve on their
skills and get direction on how to get a job. One can say, this is the
sector to the population that the market was design for. Yeah? Wrong.
July 2012 The services
sector which is the growing driver of the Swedish economic sent a
signal that the economy is really weaker that previously thought. Just
a few days ago the PMI for the industrial sector fell to a new low, now
come that of services also at another very low level.
July 2012 Img/Swedish TV
in the polls, the Swedish premier is trying to reinvigorate his
and that of his party by making bold moves and promises such as
increase investment in research,
infrastructure, and steps to lower the corporate.
July 2012 As the Swedish
job market continues to crumple despite the so-called economic boom
realized recently, more and more Swedes are finding that they have
little dreams in their own job market and have tended to challenge the
Poles to colonies Norway. More swedes than before are now decamping to
Norway for work.
Britain's economy remains weak but an upturn in exports to countries
outside Europe suggests growth could pick up later this year, the
British Chambers of Commerce said on Tuesday. This comes after
economists polled by Reuters last month showed expected 0.1
percent quarterly growth. Get details here (External Source)
Monday, 02 July
2012 In a continuous
protracted means to sell its fighter jets to Switzerland, it has
emerged that the Swedish authorities will be hiring out their gripen
fighter jet to Switzerland. This could be the ´first step for them
selling the war machinery to the land-lock European country. Fewer Swedish people want reduced
immigration Monday, 02 July
2012 A shock new
survey result in Sweden shows that there is a marked trend reversal in
the immigration debate in the country. Fewer and fewer believe that
Sweden is receiving too many immigrants.