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Scandinavia Today / Europe
Thursday, 25 April 2013
economy avoided the triple dip recession with an economy that grew
better than expected to 0.3 percent in the first quarter compared with
the previous quarter.
Monday, 25 March 2013
The rise of the
far right British anti EU party, UK Independent party (UKIP), the
struggling of the coalition government (LibCon coalition) to jump start
the UK flagging economy has made all the major parties in this country
go nasty on immigration.
Monday, 25 February 2013
The fall of UK
economy has not affected the market in a big way. In fact, the market
had expected that the British credit rating would be downgraded though
the question remains when. So what is happening now?
Saturday, 23 February 2013
It finally lost
its AAA - rated debt status after a long period of weak economic policy
that has made the economy not to grow and could be heading into a
triple dip recession. But the Chancellor, Georg Osborne is adamant and
vows to stick to current policy even after the downgrade by Moody's,
which blamed subdued growth and rising debt burden
Monday, 18 February 2013
people are indicating that they would want their country to withdraw
from the EU, believing that the EU is not as progressive as they had
hoped, according to a new opinion polls report.
Tuesday, 22 January 2013
looking for a way to design a special separate tax for people who view
television programs via their PC and related tools.
Tuesday, 22 January 2013
Signs that the
British economy is going nowhere emerged today as new numbers show that
the British government, which has imposed strong austerity, continued
to borrow more than expected in December.
Sunday, 30 December 2012
Rise of the far
right politics in the UK as more people start support UK's exit from
the European Union. Evidence is that the party preaching such ideas,
UKIP is winning in the polls. In the UKIP a new BNP or just another
confused British political party that lacks that approach to lead.
Friday, 21 December 2012
The bad news
about the UK economy continued as the UK borrowing went up last
month tying to the view that the slower than expected economic growth
of 0.9 percent instead of the 1 percent that had been popularly
celebrated eroded rather than build the deteriorating public finances.
Thursday, 13 December 2012
The British economy is loosing its credibility and S&P threatens with downgrade
Wednesday, 12 December 2012
the UK fell by 82,000 in the three months to October blamed on private
sector, which created jobs faster than they were being shed in the
Sunday, 02 December 2012
taking drastic action to raising duties on cheese and means. Since much
of these products are imported from the EU, the organisation is not
happy and is threatening legal action.
Thursday, 29 November 2012
founder, Julian Assange is reported to be suffering from a chronic lung
disease that can worsen at any time, says Ecuador's London Ambassador
Ana Alban to reporters in Quito.
Thursday, 15 November 2012
fix their falling economies as signs show how the economic region of
Europe (Euro zone) is persistently falling in terms of economic
Wednesday, 14 November 2012
The number of people out of work in the UK has fallen to its lowest total for more than a year.
Thursday, 01 November 2012
industry's purchasing managers' index was quoted to have hit at 47.5 in
October, down from a revised 48.1 the previous month.
Wednesday, 31 October 2012
austerity measures being adopted vehemently across various European
countries are leading to nowhere as analysts see it costing more than
healing the economies.
Thursday, 25 October 2012
out of recession in the third quarter after posting its strongest
quarterly GDP growth in five years, of 1 percent growth.
Wednesday, 17 October 2012
unemployment continues to fall as the number of people out of work fell
by 50,000 to 2.53 million in the three months to August, the country's
Office for National Statistics (ONS) said.
Tuesday, 16 October 2012
investigation request put forward by Swedish Tobacco Company, Swedish
Match, forces John Dalli, EU Commissioner for Health and Consumer
Affairs to resigns as it turns out fraud was part of the problem.
Friday, 12 October 2012
Union has been awarded this year's Nobel Peace Prize, reports the
Norwegian broadcaster, NRK which claims to have been informed from a
credible source. The prise for the crisis hit Europe is for its intense
desire to promot peace despite difference among them
Friday, 12 October 2012
Prize awarded this year to the European Union could contribute to
easing the EU financial woes. The prize is worth €1.15 million,
which represents more than 0.00001 percent of the EU budget.
Tuesday, 09 October 2012
trade deficit more than doubled in August, as the government's deficit
reduction program and intense public sector cuts hit the economy hard
and stifle productivity.
Tuesday, 09 October 2012
As the British
economy continues to sink, the IMF, International Monetary Fund has
called Britain to defer spending cuts planned for next year. This
should happen if growth turns out to be much weaker than forecast.
backed the founder of the Wikileaks, Julien Assange have been ordered
by a court to pay the bail money since he eloped into the Ecuadorian
British economy returned to growth in the third quarter, is what the
British Chambers of Commerce (BCC) is saying.
British government persistently finding it hard to reduce its deficits
and with the economy resisting any form of growth push, there is
growing fears that the British economy could see its deficit grow
larger that expected, surpassing the levels of Greece and Spain.
economy is beginning to turn around as unemployment starts to drop and
stock market starts regaining some past losses. This is the view of
former British conservative Prime Minister, John Major.
One in five
Europeans read so poorly that they can not survive in the modern world,
and over 17 per cent of 15 year olds in Sweden are at a level where
they can only handle the simplest texts.
Moody’s has changed the European Union’s financial outlook from
'stable' to 'negative', warning that the bloc's AAA rating could also
be downgraded, report the Huffington Post.
economic gloom continues as it recession got deeper than any economist
in the UK had expected. It was generally expected that the British
economy would fall 0.2, the lowest economic performance and
persistently longest contraction of the economy for 50 years.
The number of
British people out of work fell by 65,000 to 2.58 million in the three
months to May, official data show.
Monday, 16 July
Just as the
Olympic Games are getting on the way in London, UK, the nature of the
British management and planning system has come under question. Some of
the questions being asked are whether the people taking care of
managing British big projects such as the Olympics are qualified people
or just a few picked because of whom they know.
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.
Oops – British leader Cameron forgot
his daughter in a pub
Monday, 11 June
This is a no
joke story – it can be stressful to be the father of young children and
then Prime Minister of Great Britain at once.
maxim that radical austerity with little window to spur economic
stimulus is a no brainer can be seen glaringly clear in the UK.
Investors Service downgraded 16 of Spain’s leading lenders including
Banco Santander SA (SAN) and Banco Bilbao Vizcaya Argentaria SA (BBVA),
Spain’s biggest banks, cut three levels blamed on recession in the
country and mounting loan losses. Santander’s U.K. - based subsidiary
also was cut.
Monday, 14 May
If Greece does
not respect the rules for the euro area, it is perhaps better that the
country leaves the euro. This applies to all clubs and all
organizations – this what is being openly said about Greece at the
moment as the country struggles both internally and externally to stand.
the euro area amounted to 10.9 percent in March, up from unrevised 10.8
percent the previous month, figures from Eurostat show.
Spain are a huge contrast when it comes to harder workers in Europe.
Germany enjoys the lowest unemployment in recent years while don’t know
what to do with all the unemployed people it has.
Thursday, 05 April 2012
economy narrowly avoided falling back into recession in the
first quarter of 2012, an independent economic research group said
prices jumped in March as first-time buyers rushed to take advantage of
a tax break that expired at the end of the month, mortgage lender
Halifax said Wednesday.
Alico Dangote, one of Africa's
leading entrepreneurs to list company on the London Stock Exchange
An example of small government in
the UK - Email and web use in the UK to be monitored according to new
government will be able to monitor the calls, emails, texts and website
visits of everyone in the UK under new legislation set to be announced
01 April 2012
cost in England is to increase by £0.25pound to £7.65 as Health
Minister, Simon Burns outlined earlier. For those who are exempted
however, it will mean that 90 percent of prescription items will be
Desperate Britain back in recession
The UK economy
will contract in the first three months of 2012, taking the country
back into recession, according to the Organisation for Economic
Co-operation and Development (OECD).
economy has stagnated and the Prime minister, Cameron has deviated from
many previous pre-election promises. Then it emerge that his party
collects lots of money from very wealth people to give them access to
him and to enable them influence government policy. This has given us a
thought and we have asked the question - how do governments
democratically make policies?
Minister Francois Baroin Thursday raised the government's 2012 growth
forecast after national statistics bureau Insee updated its forecasts,
indicating France will avoid recession.
Central Bank President Mario Draghi believes the "worst is over" in the
euro-zone debt crisis, German daily Bild Zeitung reported on its
purchasing managers' index for March shows unexpected declines in
industrial operation in China and the EMU. The Chinese index fell for
the fifth consecutive month as the in France and Germany which in these
cases was steep.
taken a step towards higher taxes for wealthy foreigners living in the
in Germany has fallen to a record level. According to statistics
published today, the unemployment rate in Europe’s biggest economy last
year recorded the lowest level in 20 years