BusinessStruggles

Sweden Faces Surge in Bankruptcies as Economic Crisis Looms

21 days ago

In a disquieting turn for the Swedish economy, the country is witnessing a sharp increase in bankruptcies, projected to peak at levels not seen since the financial turmoil of the 1990s. This alarming trend has emerged amid a challenging economic landscape marked by soaring interest rates and escalating inflation.

The Impact of Northvolt’s Troubles on Sweden’s Rising Bankruptcy Rates

2 months ago

In a troubling trend for Sweden’s economy, the country has seen a significant surge in bankruptcy filings, particularly in October 2024. This spike in insolvency is closely linked to the ongoing financial difficulties faced by Northvolt, a key player in Sweden's burgeoning battery industry.

The Reality Behind the “No Landing” Economy: Not Everyone is Thriving

2 months ago

In a surprising economic twist, the term “no landing economy” has surfaced to describe the current state of the market, suggesting that despite potential headwinds, the economy is not experiencing the anticipated downturn. However, as optimism reigns among certain sectors, a closer look reveals that not everyone is basking in this supposed prosperity.