Published: 16 May 12 16:44 CET | Print version
Online: http://www.thelocal.se/40876/20120516/
Close to 3 million Swedes will be watching the upcoming stock market debut of Facebook with added interest after news emerged on Thursday that a major Swedish pension fund planned to invest in the social networking site's initial public offering.
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Swedish consumers are feeling less optimistic about the economy, with a down-turn also visible in the mood of the manufacturing industry, Sweden's National Institute for Economic Research said on Friday. READ () »
This year's Beckmans fashion graduates unleashed a dramatic clash of collections in Stockholm this week. It may have been dazzlingly hot outside in the sunshine, but on the catwalk things got a little dark. READ () »
The white-collar union Saco has lambasted Sweden's Employment Agency for its failure to help well-educated, foreign-born job seekers, whose unemployment rate is more than three times the average for people born in Sweden. READ () »
Fifteen percent of refugees in Sweden who enrolled in the new establishment system the past two years have gone on to find jobs, new figures show, leading some observers to worry that the low success rate will place a burden on the benefits system. READ () »
Sweden's central bank has appointed two new board members plucked from banking and academia to replace two outgoing members, one of whom was an outspoken critic of the Riksbank's commitment to the government's inflation goal. READ () »
Swedish telecom giant Ericsson has buckled under the pressure of European competition and will turn off the switch on a cable production plant in Sweden, leaving 350 employees without jobs. READ () »
While Sweden has a reputation for having one of the most painful tax bills in the world, a new report ranks Sweden 20th when comparing the tax burden on salaries when social security payments and salary brackets are taken into account. READ () »
Swedish telecom equipment maker Ericsson is suspected of having bribed ministers in Romania in connection with being awarded a contract for the country's emergency number and is now under investigation in the United States. READ () »
Sweden's largest business confederation has gone out guns blazing, criticizing politicians for not facing up to the challenges of "a lost year for Swedish exports" in 2012. READ () »
A Stockholm hospital saved from closure by private health care providers has been hailed by the Economist as one of modern's Sweden public-private success stories. READ () »
| 24/05 | Accounts Payable to Bosch RexrothAcademic Work Danmark | Malmö |
| 24/05 | Analog Field Application EngineerArrow EMEA | Kista, STHM |
| 24/05 | Business Analyst, KarlskronaCapgemini Sverige AB | Karlskrona, BLE |
| 24/05 | CAE-Engineers within Solid MechanicsRandstad AB | Linköping or Växjö or Västerås, VTM |
| 24/05 | Corporate Sports Sales Executivesmarcus evans (Scandinavia) ltd. | Stockholm |
| 24/05 | Development Engineer ? Control SystemsExperis Engineering | SKÅ |
| 24/05 | Enterprise Solutions Engineer | Sverige |
| 24/05 | Event Manager to pafPaf | Stockholm, STHM |
| 24/05 | Finance Director/Senior Fund ControllerMatch Recruitment Group AB | Stockholm |
| 24/05 | Financial Manager | Kalmar |
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If they have chosen "AP7", this could indicate they don't care or feel they are qualified to make such financial investment choices to their pension investment plan.
Claiming that close to 3 million will be watching with added interest is a gross exaggeration, and bears no merit.
However, claiming TL poor use of "journalism" and misrepresentation to sell Ad space and get hits would be more reliable.
/Yet another poor article
#TheLocal #PoorJournalism #DavidLandes #Sensationalism #DL #Sweden
400 million SEK= USD 56 billion? I'm gonna invest in Swedish Kroner then.
Safer investment than another Californian dot.bomb company.
When I am due for a payout in 25 years or so, I expect to get a coin and an excuse.
"We gambled away most of your money, and the remaining bit was given to our board of directors in bonus. Our heartfelt condolences, but that is how the game works that you unwittingly signed up for in one way or another."
I hope all those Swedes whose pension funds are invested in the dog are happy.