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Trade war concerns add to Sweden’s economic troubles

Bloomberg The growing trade war is adding to domestic troubles for the largest Nordic economy. Gross domestic product data is expected to show Sweden’s economy grew a meager 0.2 percent in the first three months of the year, according to a survey. The annual expansion likely slowed to 1.7 percent. The export-dependent nation is feeling the weakness that’s already hit ...

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Euro-area economic confidence improves for first time in a year

Bloomberg Euro-area economic confidence unexpectedly improved in May, snapping an almost yearlong streak of declines when the region was battling through a host of struggles. The improvement was dri-ven by industry and the str-ongest increase in production expectations in more than six years. That was despite continued negativity about export orders and the business climate. A separate report added to ...

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Barcelona set to unveil aggressive rent controls

Bloomberg After seeing housing costs jump by more than 50 percent in the past five years, officials in Barcelona are moving to introduce Spain’s most aggressive rent controls. Under a decree, landlords will have to negotiate leases based on benchmark prices set for each property in those neighbourhoods tagged as most desirable. That regulation follows a national law implemented in ...

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