The future of defense
Professor: "Reasonable that the next generation pays"
The large investment of 300 billion for defense, which is initially financed by loans, means that future generations will have to take a bigger hit. This is what Daniel Waldenström, professor of economics at the Institute for Business Research, tells EFN.
Since the loans will be repaid in the future, taxes will then be raised slightly.
- But it also feels reasonable that future generations are involved in financing a reconstruction because it will also benefit them, says Professor Waldenström to the channel.
Professor: "Reasonable that the next generation pays"
The large investment of 300 billion for defense, which is initially financed by loans, means that future generations will have to take a bigger hit. This is what Daniel Waldenström, professor of economics at the Institute for Business Research, tells EFN.
Since the loans will be repaid in the future, taxes will then be raised slightly.
- But it also feels reasonable that future generations are involved in financing a reconstruction because it will also benefit them, says Professor Waldenström to the channel.
The development of AI
Alibaba and BMW to collaborate on AI in China
Chinese e-commerce giant Alibaba and German BMW have decided to join forces regarding AI technology in cars, reports Bloomberg.
Next year, BMW is expected to launch a new model on the Chinese market containing Alibaba's AI, which will be able to park itself, offer restaurant recommendations and provide real-time information about traffic lights.
The technology is already being used to some extent by Chinese car brands such as Xpeng, Zeekr and Leapmotor, the news agency writes.
Alibaba and BMW to collaborate on AI in China
Chinese e-commerce giant Alibaba and German BMW have decided to join forces regarding AI technology in cars, reports Bloomberg.
Next year, BMW is expected to launch a new model on the Chinese market containing Alibaba's AI, which will be able to park itself, offer restaurant recommendations and provide real-time information about traffic lights.
The technology is already being used to some extent by Chinese car brands such as Xpeng, Zeekr and Leapmotor, the news agency writes.
Confirms: Trump's car tariffs to be presented today
US President Donald Trump is preparing to present his car tariffs today, several sources tell Bloomberg. The information is confirmed by White House spokeswoman Karoline Leavitt, who states that the president will hold a press conference at nine o'clock Swedish time.
Donald Trump has previously stated that he will announce the car tariffs in the coming days. The scope and dates of the car tariffs are still unclear.
In the US, General Motors and Ford are trading slightly lower after the information. BMW and Volkswagen were traded down 1 and 2 percent respectively on the Frankfurt Stock Exchange, while Stellantis almost completely erased earlier gains on the Milan Stock Exchange.
The cuts
Doge advisors have previously helped cybercriminals
One of the most prominent advisors in the US Department of State, Doge, Edward Coristine, has previously supported a criminal network through his company and cyber-stalked an FBI agent. This is reported by Reuters with reference to digital documents.
Now Coristine has been given a broad mandate and insight into US authorities as part of radically cutting spending in the US government apparatus, the news agency writes further.
His suitability has previously been questioned due to his young age of 19 and his chosen nickname "Bigballs".
The future of e-commerce
Review: Over half of the goods have hazardous substances
Goods purchased from e-commerce sites often contain too high levels of toxic substances, shows a review by the Swedish Chemicals Agency.
In the survey, goods such as toys, electronics and jewelry were ordered from 23 different e-retailers. The tests showed that 47 percent of the products had excessive levels of substances such as lead, cadmium and phthalates. The worst results were from online platforms, where the website can be compared to a shopping mall where the seller sets his own price for the customer, the report shows.
The least bad was seen for classic online stores, where 25 percent of the products contained toxic substances.
US President Donald Trump is preparing to present his car tariffs today, several sources tell Bloomberg. The information is confirmed by White House spokeswoman Karoline Leavitt, who states that the president will hold a press conference at nine o'clock Swedish time.
Donald Trump has previously stated that he will announce the car tariffs in the coming days. The scope and dates of the car tariffs are still unclear.
In the US, General Motors and Ford are trading slightly lower after the information. BMW and Volkswagen were traded down 1 and 2 percent respectively on the Frankfurt Stock Exchange, while Stellantis almost completely erased earlier gains on the Milan Stock Exchange.
The cuts
Doge advisors have previously helped cybercriminals
One of the most prominent advisors in the US Department of State, Doge, Edward Coristine, has previously supported a criminal network through his company and cyber-stalked an FBI agent. This is reported by Reuters with reference to digital documents.
Now Coristine has been given a broad mandate and insight into US authorities as part of radically cutting spending in the US government apparatus, the news agency writes further.
His suitability has previously been questioned due to his young age of 19 and his chosen nickname "Bigballs".
The future of e-commerce
Review: Over half of the goods have hazardous substances
Goods purchased from e-commerce sites often contain too high levels of toxic substances, shows a review by the Swedish Chemicals Agency.
In the survey, goods such as toys, electronics and jewelry were ordered from 23 different e-retailers. The tests showed that 47 percent of the products had excessive levels of substances such as lead, cadmium and phthalates. The worst results were from online platforms, where the website can be compared to a shopping mall where the seller sets his own price for the customer, the report shows.
The least bad was seen for classic online stores, where 25 percent of the products contained toxic substances.
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