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Wednesday’s papers: Toxic bamboo, inflation concerns and hybrid graduation

Some Finnish shops are still selling bamboo-based tableware that can release toxic substances.

Vauva harjoittelee haarukalla syömistä.
The Finnish Food Authority said it hoped to get all food containers manufactured from bamboo plastics off shelves this year. Image: Sarita Blomqvist / Yle

Finnish shops may still be selling plastic cups and dishware containing bamboo or other unauthorised vegetable fibres, reports Helsingin Sanomat.

The Finnish Food Authority has found that stores are still stocking children’s dinnerware sets and takeaway mugs containing a mix of bamboo and plastic.

Last year, the European Commission found that dangerous amounts of formaldehyde could be released from plastic containers containing bamboo.

At the end of 2020, the Finnish Food Authority told distributors to stop importing non-compliant plastic food containers over health concerns associated with prolonged use.

The Finnish Competition and Consumer Authority told HS that consumers who have purchased bamboo-plastic crockery are entitled to a full refund.

Post-pandemic inflation

Business daily Kauppalehti warns that the Helsinki Stock Exchange is not immune to stock bubbles in an interview with longtime investor Peter Seligson.

"So-called growth stocks are sky-high. I could list several firms where I’d question whether their value was a billion or a million," he explained.

The markets, according to Seligson, seem to bet on inflation passing.

KL, however, notes that Seligson is of the opinion that the economy is moving into a new phase characterised by growth, inflation and rising interest rates.

Hybrid graduation

As the capital gradually rolls back coronavirus restrictions, high school seniors in Helsinki will be able to attend their graduation ceremonies in person, writes Swedish-language daily Hufvudstadsbladet.

Students and teachers will, however, be the only ones in physical attendance. Ceremonies will be livestreamed for family and friends.

"When it comes to graduation parties, we expect people to organise them outdoors...right now the cap on public gatherings is six but graduation day is still some time away and no one can at this point know what limits on participants will be," Helsinki mayor Jan Vapaavuori said.

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