Inflation is on the rise in many parts of the world. On Wednesday, The U.S. Federal Reserve reported a CPI inflation of 7.0% for December. Following this trend, the inflation rate of the Swedish krona SEK rose to 4.1% in December, a strong increase from November’s inflation rate of 3.6%. These levels of inflation have…
A SPAC, or Special Purpose Acquisition Company, is a company that has no commercial operations and is formed strictly to raise capital through an initial public offering (IPO) for the purpose of acquiring or merging with an existing company. SPACs have been around for decades, but have seen a Cambrian explosion in recent years. In…