Tag: Finance
Monday’s papers: Call to close the eastern border, Finland’s armor sale, arctic chill
At the top of many Aamulehti is the call of the leader of the Basic Finns and Minister of Finance Riikka Purra for Finland to completely close the border with Russia.
The EU could finance 100,000 euros for each person crossing the border, SDP suggests
About 50 border crossers had arrived at Raja-Jooseppi, the only remaining checkpoint, by Saturday afternoon.
China’s Economic Rise: Implications for Politics and Geopolitics
Lidan Zhangdissertation”,Exploring China’s Financial Landscape: Political Connections, Geopolitical Uncertainty, and the Internationalization of the Renminbi“, explores the profound impact of political ties and geopolitical uncertainties on China’s corporate finance practices. His research reveals that political ties are increasingly important in corporate finance and investment strategies, challenging traditional notions of market autonomy. Zhang’s findings suggest that…
The police’s secret list of the gang war’s key figures
P3 Crimea’s presenter Linus Lindahl tells about how the police worked out a list of so-called “nodes” – crucial functions in the gang war. There are people described as the “arms chief”, the “finance chief” and Rawa Majid’s right-hand man. Host: Robin Olin Guest: Linus Lindahl, presenter and reporter at P3 Krim Producers: Kim Hessius,…
More than half of Finns spend as much as they earn, and 22 percent live for nothing
The average overspending of 22 percent of Finns who exceed their income is around 226 euros, which is slightly lower than the European average of 232 euros. The situation is exacerbated by inflation and rising borrowing costs across Europe, reducing consumers’ disposable income. In Finland, 47 percent of consumers reported that they have less money…
The yuan surpasses the euro and is the second most used currency in world trade
This move takes advantage of China’s low interest rates, as opposed to the rising cost of borrowing from Western banks. An explosion of borrowing by Chinese banks has pushed the yuan above the euro, which is in line with Beijing’s efforts to internationalize the yuan. The yuan’s share in international payments rose significantly and was…
Theories: This is why AI king Sam Altman was fired
Hear Ekot’s tech reporter Sven Carlsson about how the company Open AI’s CEO Sam Altman became Silicon Valley’s fixed star, and about the conflicts that may have led to his sudden removal from his post. Host: Robin Olin Guest: Sven Carlsson Producers: Kim Hessius and Ludvig Jansson With clips from: Reuters, Bloomberg, OpenAI, PBS, Joe…
Urpilainen is SDP’s presidential candidate, who is resigning from the European Commission
Former finance minister Jutta Urpilainen (SDP) announced her candidacy on Sunday in Tampere. His decision has been long awaited, as the presidential election has been in full swing for months.
In the capital region, investments in startup and growth companies accelerated
The growth has been particularly significant since 2017: around 277 million euros of capital was raised in the region in 2017, which exceeded the billion-euro mark by 2020. The increase in financing is not due to the increase in the number of financing rounds, but to the average increase in the amount raised per round.…
The Icelandic Parliament proposes a tax on protective dams
The Icelandic parliament held the first reading of a bill that proposes an additional 0.08% property tax to finance the construction of dams that would protect key infrastructure on the Reykjanes Peninsula from a potential eruption. The city of Grindavík, located on the southern side of the peninsula, was evacuated last Friday due to strong…
Research: Many homeowners are unprepared for rising housing costs
According to the research, people over 60 are most likely to have serious financial buffers to protect themselves from financial challenges, and 18-29-year-olds are the least likely. Anders GyllingRetta Isännöintin’s operational manager, told Helsingin Sanomat reported on Friday that there can be two reasons for young people’s limited buffers: they haven’t had time to build…
Best tricks to make housing career
SVT’s economic commentator Alexander Norén and Joakim Lusensky, head of analysis at Mäklarsamfundet, give tips on how to think about bidding and renovations. And discusses the new situation on the housing market. Ekonamiakuten is the podcast that gives you the best tips for saving money and answers your questions about personal finances. Program manager is…
Avoid these ten personal finance mistakes
SVT’s economic commentator Alexander Norén and Frida Bratt, savings economist at Nordnet talk about quick loans, cowardly saving and other financial mistakes that can lower your finances. Ekonamiakuten is the podcast that gives you the best tips for saving money and answers your questions about personal finances. Host is Maja Åström.
Therefore, your savings give the bank a profit party
Host:Erika Mårtensson Cast and voices in the program:Peter Malmqvist, independent financial analystKristian Åström, economic commentator, EkotMatilda Gjirja, senior advisor, Financial Supervisory AuthorityClaes Hemberg, independent economistJens Henriksson, CEO, SwedbankCarina Åkerström, CEO, HandelsbankenJohan Torgeby, CEO, SEBMikael Damberg, economic policy spokesperson (S)Elisabeth Svantesson, Minister of Finance (M)Niklas Wykman, Minister of Financial Markets (M) Producer:Olof Wijnbladh Technician:Susanne Martinsson [email protected]
Finnish couples are well acquainted with each other’s finances: Younger couples talk, older couples agree
On the other hand, a small proportion (6%) admitted to knowing little or very little information about their partner’s financial status. Intriguingly, 9% admitted they were unsure or very unsure about the amount of debt their partner owed. Kaisa KivipeltoDanske Bank’s senior strategist, expressed his satisfaction with the results and stated: “We were positively surprised…
The new medicines that can eradicate obesity
The substance semaglutide was launched in 2018 for the treatment of patients with type 2 diabetes. The aim was to provide patients with stable blood sugar, but soon the drug turned out to have an appreciated side effect – weight loss. Hear Sarah Heymanglobal health correspondent, tell the story of the hyped medicine, and what…
September was again a busy month for bankruptcies in Finland
Last month’s cumulative 12-month total for bankruptcies was 19 percent higher than in the previous 12 months. “More than 300 bankruptcy proceedings were started in September. It’s alot. The total for the year, 3,127, is starting to be close to the years following the financial crisis. Timo VesalaChief Economist of Municipal Finance, stated X. The…
That’s why you should sleep
Tove Lindgren: “Hide the will, but not too smart” Lawyer Tove Lindgren and Ulf Lernéus, Sveriges Burial Offices find out where, when, how and why you should be cremated. In addition, we answer listeners’ questions about how to proceed when a loved one passes away. How does a probate process take place and which papers…
Ministerial changes
The president of the Independence Party, Bjarni Benediktsson, proposed the new ministerial composition of the party at the parliamentary meeting in Valhöll at 9:30 this morning. According to information provided by Morgunblaðið sources, Benediktsson will be Minister of Foreign Affairs, while Þórdís Kolbrún Reykfjörð Gylfadóttir will be the new Minister of Finance and Economy. This…
The government proposes removing the tax exemption for first-time home buyers
According to the Ministry of Finance, the purpose of the measure is to finance tax reductions for all buyers.
Bjarni Benediktsson resigns as Finance Minister
Bjarni Benediktsson, Minister of Finance and Economy, resigned following the opinion of the Ombudsman of the Icelandic Parliament (Alþingi) regarding the sale of government shares in Íslandsbanki. Bjarni called a press conference at the ministry’s headquarters at short notice. He expressed his surprise at the conclusions reached by the Ombudsman and was sorry that he…
Finland’s economic outlook is bleak, says the Ministry of Finance
The Ministry of Finance has revised its economic forecasts downward, and the economy is predicted to be in recession towards the end of this year.
The kilometer tax will apply earlier for owners of electric cars
Owners of electric, hydrogen and plug-in hybrid cars will have to pay the mileage fee already in 2024. This is about a year earlier than owners of diesel and petrol cars, from which the fee will be collected at the beginning of 2025. In a message posted on the website the website of the Ministry…
So you retire at 60
Shoka Åhrman: “If you go earlier, it has an effect in kroner and ören” Pension News’ Mikael Nyman and Shoka Åhrman, the savings economist at SPP, talk about what is important to think about for those who want to retire as early as possible. And explains why 80-somethings are forced to work much longer than…
This is what you need to know about the pension this autumn – big questions special
The Swedish Pensions Authority’s Agneta Claesson and Pensionsnyheter’s Mikael Nyman answer questions about how the recession has affected our pension money, what is important to consider if you have worked abroad and several other listener questions. Ekonomiakuten is the podcast that gives you the best tips for saving money and answers your questions about personal…
The Minister of Finance blames the current borrowing on the previous government
The accumulated deficits during several election periods have inflated Finland’s national debt to around 150 billion euros.
The Minister of Finance presents the budget: “The recession will be felt”
The state budget for next year is now being presented. The sum of the reforms in the budget comes to SEK 39 billion. Ekot broadcasts directly.
Tuesday’s papers: Belt-tightening budget, gender pay gap and Sanna Marini’s new job
The Minister of Finance is already expecting further cuts when next year’s belt-tightening budget is completed.
This is what you should teach your child about finances
Arturo Arques, private economist at Swedbank and Nadia Wallin, the savings banks’ and debt adviser, gives lots of concrete tips on how to talk about money with children. Ekonomiakuten is the podcast that gives you the best tips for saving money and answers your questions about personal finances. Program manager is Maja Åström.
This is how you manage your finances this autumn
Alexander Norén: “You will find things that will neither make you richer nor happier” Alexander Norén, SVT’s economic commentator and debt advisor Nadia Wallin give advice on what to do when you set up a budget. And explains why a good way to get started is to play detective. Ekonamiakuten is the podcast that gives…
Electric car vs petrol car – this is what you need to know
Alexander Norén “You make a statement with the car you drive” We Bilägare’s Tommy Wahlström and SVT’s economic commentator Alexander Norén talk about which type of car is the least costly in the long run. And answers listeners who reacted to the last program when we talked about electricity, petrol, diesel and gas – a…
The new budget assumes an increase in property tax revenues by ISK 3.5 billion
During Tuesday’s budget briefing, Finance Minister Bjarni Benediktsson stressed the need to increase Treasury revenues while advocating fiscal restraint to counter inflation. He revealed a multi-pronged approach for the coming year, which will include streamlining state institutions to achieve targeted savings of ISK 17 billion, revising road taxes to take into account the increase in…