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Swedish society changed profoundly from 2000 to 2017 due to attempts to replace all cash with digital payment methods. The concept of cash-free bank branches began in Sweden between 2000 and 2005, with a cashless branch being a step towards an upcoming closure of that branch.
The cashless society has been predicted for more than forty years, [26] but cash remains the most widely used payment instrument in the world and on all continents. [27]: 14 In 17 out of 24 studied countries, cash represents more than 50% of all payment transactions, with Austria at 85%, Germany at 80%, France at 68%. The United Kingdom at 42% ...
Law and crime The chief financial officer of Huawei, Meng Wanzhou, was arrested on 1 December in Vancouver, Canada. She faces extradition to the United States. Huawei says she faces unspecified charges. (CNN) Politics and elections Claudia Sheinbaum takes office as Head of Government of Mexico City, becoming the first woman and first Jewish person to serve as Mexico City's mayor. (JTA ...
The coronavirus pandemic has led to a major shift in how people pay for things, with many opting to use cards and other contactless payment options.
John Littlejohn remembers the days when lots of people had a couple of dollars to spare to buy a copy of Street Sense, the local paper that covers issues related to the homeless and employs ...
Stockholm after the end of Riksdag assembly. The economic history of Sweden's Age of Liberty examine the changes to the Swedish economy between 1718 and 1772. The economic factors that contributed to the fall of the Swedish Empire and the shift away from absolutism, as well as the legacy of the era in terms of the nation's economic history after 1772 are also noted.
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The coronavirus pandemic has led to a major shift in how people pay for things, with many opting to use cards and other contactless payment options instead of cash as a way to reduce contact with ...