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Inflation and surging lending costs have dented private spending, an official report indicates Retail sales in Sweden plunged the most on record last month, as inflation and soaring borrowing costs continued to squeeze consumers’ spending power.

The Northern Sea Route is already a superior alternative to other major global trade waterways, Russian Deputy Prime Minister Yuri Trutnev says Russia is actively expanding trade via the Northern Sea Route (NSR), with shipments set to reach an all-time high in 2023, Deputy Prime Minister and Presidential Envoy to the Far East, Yuri Trutnev,…