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Costly bank loans in Sweden to drive bond sales, says Swedbank

  Bloomberg Swedbank AB, which is doing more corporate bond issues in the Nordic region this year than any other bank, says the share of Swedish companies’ debt market funding will more than double as higher capital requirements make bank loans more expensive. About 15 percent of corporate funding in the Nordic region now comes from the capital markets, Elisabeth ...

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Money for nothing? Swiss vote on basic income for all

  Switzerland / AFP Carole, a scientist from Zurich, recently received a dream message on her phone: she will receive 2,500 Swiss francs ($2,500, €2,300) a month for the next year, no strings attached. The 30-year-old ethnologist, whose last name has not been revealed, could be the first of many in Switzerland to receive such monthly cheques in the mail. ...

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The British will choose their destiny

LONDON Sitting on the sun-dappled terrace of the House of Lords, watching the Thames flow, Lord Nigel Lawson explains that the June 23 referendum, which he hopes will withdraw Britain from the European Union, was never supposed to happen. It is, he says, the fulfillment of a promise Prime Minister David Cameron expected to be prevented from keeping. Going into ...

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