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Greeting here are the news from Sweden week 46 2023

11/18/2023

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**Navigating the Financial Rollercoaster: News Edition! 🎢💸**

Hold on to your stock portfolios, folks! The tech-heavy Nasdaq in the U.S. is having a three-week party reminiscent of the post-corona crash rally. It's like the stock market is on a caffeine high, but hey, who can blame them?

Meanwhile, in the real estate realm, Propertycompany Emilshus is doing some financial gymnastics, raising 200 million kronor in a targeted emission. I guess the real estate market is doing the cha-cha with its finances.

But wait, there's more! In a historic twist, the latest inflation figures has triggered a real estate rally, making November feel like the property market's version of a Marvel movie – with villains, heroes, and, of course, a lot of drama. Blank crushing galore for the bearish speculators!

And now, drumroll, please... introducing Bengt Ågerup, Sweden's debt superstar! Currently holding the title for the most debt in the nation with a staggering 1.6 billion kronor tax debt. Rumor has it he's playing financial hide-and-seek by moving assets to Cyprus. Stockholm's tingsrätt decided to freeze his assets, making it more exciting than a heist movie plot twist.

But wait, there's more drama in the financial universe! Money laundering alerts are expected to hit an all-time high this year, thanks to profits from everything from narcotics to economic crimes flowing through the banking systems. It's like the financial world got its own Netflix crime series.

And in a surprising turn of events, the art world took a hit with the Swedish art scam duo – a mother-son duo running a Ponzi scheme in the art gallery on the southern coast. When the bubble burst in 2018, over 2 billion kronor went poof! Now, they're sitting in custody, waiting for their artful trial.

Last but not least, in the grand finale, Minister of Finance Elisabeth Svantesson gives the proposed new property tax a cold shower, burying a chunk of her own extensive investigation before it even sees the light of day. "I will never contribute to higher property taxation," she declares. Talk about a plot twist! It seems the financial drama never takes a day off.

Stay tuned for the next episode of the Financial Soap Opera!📰💼💰
​#FinancialDrama #MarketMayhem #MoneyMattersLaughs

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    Benny-Balans,     our bloggbuddy in cyberspace.

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