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The Largest Producer in the world

By 2005 Electroluxe was the worlds largest producer of domestic and professional appliances for the kitchen, cleaning and out-door use. Its products included cookers, vacuum cleaner, washing machines, fridges, lawn mowers, chain saws and also tools for the construction and stone industries.

The History

The early growth was built around an expertice in industrial design creating the leading products in refrigeration and vacuum cleaning. Bu the mid.1930s the company had also established production outside of Sweden in Germany, UK, France, USA and Australia. read more aboute Electrolux here

Finally

Finally the great rescue plan put forward by the American President has been passed, though this has been taking the american politiciens a bit too long time in my oppinon. The great question is however: Will this act pull the americans out of their financial cricis?

Stocks…

The Stock market did not react with the positive tones as many had hoped it would. This talking for the fact that this plan might not be as effective as many had hoped it would be. I do however belive that we must possess ourselves in patience and let the plan work for more than a couple of days before we make our judgement. read comments on the political process of the american rescue plan here

America?

Since the financial cricis startet in America many have been talking about wether one of the concequences of this cricis will be that America will loose its position in the world as the supreme financial superpower. One of these people is the German foreign minister, who criticises the leaders of the US for having lead a disaterous financial politic. read more about who the next superior economy will be here