Writer Paul Connolly explains why Sweden’s High Coast is home to the ‘Swedish dream’ and how moving there can help you to find life’s Swede spot. Sweden has long been a beacon of hope for those looking to improve their lives. Whether it’s people like me escaping the Brexit-driven madness of the UK or a Syrian refugee fleeing that country’s civil war, Sweden offers opportunity, security and a chance to build a good life for you and your family. The Nordic country is almost like a modern European America in that way -- a land of opportunity and freedom. But while the ‘American Dream’ has been endlessly discussed, dissected and celebrated, not so much thought has been given to the ‘Swedish Dream’. Maybe that’s because the Swedish Dream isn’t much like the American Dream at all. Find out about opportunities in Sweden's High Coast The American Dream is all about money, power and status - ‘making it … [Read more...] about What is the ‘Swedish dream’ and where can you find it?
What municipal bonds to buy
By Tom Bailey from interactive investor. It's inevitable that the unremitting global economic cycle will impact stock markets, but when? The economist Paul Samuelson once joked that the stock market has predicted nine of the past seven recessions. But while the over-reactive nature of equity market investors and their poor predictive powers ring true, there is nonetheless a clear link between economic and market performance, at least in advanced economies. Indeed, between the 1929 crash and the global financial crisis of 2008, there were 10 bear markets - periods when global equity markets declined by more than 20% from peak to trough. Only two - the flash crash of 1962 and 1987's Black Monday crash - were not accompanied by a recession. This correlation makes sense. During a recession, consumers spend less, businesses invest less, loans are defaulted on, vendors go unpaid and companies go bust. This wreaks havoc on the profitability of firms and sometimes threatens their survival, … [Read more...] about This investment clock says what assets to buy and when
The Capitals brings you the latest news from across Europe, through on-the-ground reporting by EURACTIV’s media network. You can subscribe to the newsletter here. BERLIN-PARIS ‘Nein’ to Macron’s EU minimum wage idea: In an op-ed published in ‘Die Welt am Sonntag’ newspaper, centre-right CDU’s leader Annegret Kramp-Karrenbauer opposed Emmanuel Macron’s idea for a European minimum wage, the Europeanisation of social systems as well as the communitisation of sovereign debt. She did agree with the idea for safe external borders. “We have to complete Schengen,” she said, adding that it is necessary to reach an agreement to finalise “border protection”. She also suggested scrapping Strasbourg parliamentary sessions and said EU officials should no longer being exempt from national income tax. Regarding security issues, she backed a permanent seat for the EU on the UN Security Council as well as the establishment of a … [Read more...] about German-French centre-right reacts to Macron’s EU vision
The freedom of the city is the highest honour a location can bestow on a person. These days it is reserved for the very finest people associated with the city, acknowledging their achievements which have usually brought great pride. You only have to look at some of the names granted the freedom of Swansea, to see the calibre of the people who receive it. Welsh football manager Chris Coleman, who guided the country to the semi-finals of Euro 2016, Mel Nurse who played 250 times for Swansea City in two spells and helped save the club from financial ruin after leading a consortium to buy it in 2002, and Dr Rowan Williams, former Archbishop of Canterbury, have all received the honour. And it has also been given to some who have been associated with the city and achieved things on the world scale, such as former President James Earl Carter, who was recognised on August 11, 1995 for "his outstanding contribution to world peace during his time in office as president of the USA and … [Read more...] about All the people who have the Freedom of Swansea and what it actually means
WHEN THE Berlin Wall fell in November 1989, many consigned socialism to the rubble. The end of the cold war and the collapse of the Soviet Union were interpreted as the triumph not just of liberal democracy but of the robust market-driven capitalism championed by Ronald Reagan in America and Margaret Thatcher in Britain. The West’s left embraced this belief, with leaders like Tony Blair, Bill Clinton and Gerhard Schröder promoting a “third way”. They praised the efficiency of markets, pulling them further into the provision of public services, and set about wisely shepherding and redistributing the market’s gains. Men such as Jeremy Corbyn, a hard-left north London MP as far from Mr Blair in outlook as it was possible to be, and Bernie Sanders, a left-wing mayor in Vermont who became an independent congressman in 1990, seemed as thoroughly on the wrong side of history as it was possible to be. Get our daily newsletter Upgrade your inbox and get our Daily … [Read more...] about Millennial socialists want to shake up the economy and save the climate