Unemployment levels in Sweden sank to a record-low during October, with a drop in unemployment for both native and foreign-born workers.Among native Swedes, unemployment has fallen to a record low of 3.9 percent. Among foreign-born workers there was a more modest decrease, from 22.2 to 22.1 percent. Source: The Local
Construction of the Nord Stream 2 gas pipeline has been completed for 58.7% of its total length, the Russian gas holding said on Monday. “Construction of the Nord Stream 2 gas pipeline continues. 1,441 km of the gas pipeline were laid on the bottom of the Baltic Sea by now – 58.7% of its total length,” Gazprom says. Source Tass.
Germany’s economy “should shrink slightly” in the second quarter of 2019, the country’s central bank Bundesbank said in its monthly report published here on Monday. “Special effects that contributed to a noticeable rise in gross domestic product (GDP) in the first quarter (of the current year) are either expiring or being reversed,” the report said. Source Xnhuanet
Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets, a source close to the matter said on Monday. Source: Reuters
