Sweden's economy experienced a significant boost in August, growing by 1.1% compared to July, as indicated by the country's gross domestic product (GDP) measure. This growth surpasses economists' forecasts, which had predicted a 0.5% increase. The positive economic performance comes after a decline in July and is attributed to stronger household consumption and increased production in goods-producing industries.
The latest figures reflect a broad-based improvement...
EU Trade Commissioner Maroš Šefčovič is seeking to address the European Union's growing trade deficit with China, which is currently estimated at more than $1 billion per day. His visit to China includes meetings with representatives from European businesses operating in the country, who are advocating for increased market access and better protection of their economic interests.
Šefčovič is also scheduled to engage in discussions...
