Economy

Crypto market
Bitcoin passes $90,000

The price of bitcoin rose by a maximum of 3.1 percent on Monday to $90,000, international media reports. The rise is primarily driven by traders increasing their positions in futures contracts.

For the full year 2025, bitcoin is down 4 percent. Other cryptocurrencies are also rising. Among other things, ether is up 4 percent and passes $3,000.

Trump's tariff policy
Economists about tariffs next year: "We are not very worried"

Tariffs and trade wars characterized 2025, but the economy coped with the uncertainty better than expected, writes TT.

There is still some uncertainty about the effects of the tariffs ahead of next year, says SEB's chief economist Jens Magnusson.

- We are not very worried, he says.

Marcus Svedberg, Folksamgruppen, is more pessimistic, who believes that the effects may have a broader impact next year and may require reduced tariffs. But Svedberg does not believe that it will be “too difficult a scenario next year,” he says. 

China is expected to dethrone Japan – sells the most cars

China looks set to take over the throne from Japan in the number of new cars sold in 2025. This is reported by Nikkei Asia, which has reviewed sales figures between January and November this year.

If so, it will be the first time ever that Chinese car brands have topped the list of most sold cars, the newspaper notes.

China is expected to sell 27 million cars this year. Japan, which has topped the list for over two decades, is expected to remain at around 25 million vehicles.

The figures apply to commercial vehicles and include both domestic sales and exports. Sales have been attributed to countries based on the companies’ ownership structure. In cases where joint venture companies are owned 50 percent each, Nikkei has linked the country of manufacture to the brand used in the sale.
 

European defense stocks recover after new row

European defense stocks were pressured on Monday after positive signals from the weekend's peace talks between Presidents Donald Trump and Volodymyr Zelensky. But after the new spat of words between Moscow and Kyiv, where the Kremlin on Monday claimed that Ukraine had tried to attack Vladimir Putin's summer residence in Novgorod with drones, stocks recovered.

On the Frankfurt Stock Exchange, Rheinmetall was down more than 3 percent at its peak, but closed down 1.1 percent. In Milan, Italy's Leonardo fell 2 percent after being down 4.7 percent, and in Stockholm, Saab was down 1 percent after being down 3 percent at its peak. On the Oslo Stock Exchange, defense group Kongsberg fell 0.7 percent after being down more than 3 percent at its peak.

Ukraine denies the Russian data.

Amazon's Future
Amazon halts drone delivery plans in Italy

Amazon is canceling its drone delivery project in Italy, Ansa news agency reports. The announcement comes “after a strategic review,” the tech giant said in a statement.

At the same time, the company said its drone delivery projects in the US and UK “are progressing well, with test flights and commercial deliveries proving effective and welcomed by customers.”
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