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Skip to content. The word "probably" hangs in the air.

That night, last Thursday, the deal was done. The buyers pledged to invest 2. A new manufacturing plant will be added in China. But rather than complain, people in Trollhattan welcomed the deal.

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Germany was also protective. When GM put Opel, its German brand, up for sale at the same time, the German government stepped in, giving the American company a 1. EU: Reducing the social cost of driving. We would be knocking down one of the principles that has made the world wealthy: That we become prosperous when we trade across borders. Steinmo argues that Sweden's faith in the market's ability to choose winners and losers is one reason why the country boasted the highest economic growth in Europe last year, at 5.


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Right outside the Saab museum, a giant black cast iron steam engine stands as a monument to this unsentimental approach. In , the Trollhattan train manufacturer Nohab was an industrial giant, sending its trains, ship engines, and power turbines everywhere from Soviet Russia to Brazil. But when it faced bankruptcy in , the Swedish state let it go.

Its main businesses were sold off to Finnish and Norwegian companies. Both now seem impressively prescient. When the Ford deal was done in , Ford had just made the largest annual profit in corporate history. But according to Mikael Wickelgren at the Centre for Consumer Science at the University of Gothenburg, it will be some time before that happens. We use cookies to understand how you use our site and to improve your experience.

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Amount: The total amount of money borrowed, also referred to as the principal amount. This is not the APR, which is going to be calculated in this example.


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Years: This is the original term or length of the product, stated in years. Effective Monthly Payment: This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation. This rate may differ from bank to bank.

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APR is useful when comparing two or more products with different interest rates and fee structures. Representative Example Calculator. Amount SAR. Minimum Salary.

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SAR Find out more. Minimum Salary: SAR 3, Salary Transfer: Yes. Islamic Finance: Yes. Maximum Term: 5 Years. Flat Rate: 3.