SNB & CHF

Imagine yourself as a rural Chinese farmer. Even the term “farmer” makes it sound better than it really is. This is a life out of the 19th century, subsistence at best the daily struggle just to survive. Flourishing is a dream. Only, you can see just on the other side of the hill the bright reflective lights of one of China’s many glittering modern cities. Not only are you reminded of the stark difference between what...

Crypto Valley has attracted business delegations from many countries, such as South Korea, who watch a presentation on blockchain companies. The number of blockchain companies in Switzerland grew 20% to reach 750 in the last three months of 2018. But the market capitalisation of such firms, measured by the dollar exchange rate of tokens in circulation, more than halved as crypto-assets nose-dived in value. The uptick in...

Click here for the full transcript: http://financialrepressionauthority.com/2019/01/24/the-roundtable-insight-charles-hugh-smith-on-pathfinding-our-destiny-amidst-social-political-disunity/

Swiss Franc The Euro has fallen by 0.14% at 1.1301 EUR/CHF and USD/CHF, January 24(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The eurozone’s preliminary composite PMI for January fell to its lowest level since July 2013. It reinforces expectations for a dovish Draghi press conference and saw the euro unwind yesterday’s gains. The US dollar is firmer against...

Ice-skating robots have proven a popular ambassador for Swiss innovation on the sidelines of the World Economic Forum. While companies and innovators are excited about their tremendous potential, the rise of robots is a source of anxiety for many who worry their jobs will disappear. --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For more articles,...

Ice-skating robots have proven a popular ambassador for Swiss innovation on the sidelines of the World Economic Forum. While companies and innovators are excited about their tremendous potential, the rise of robots is a source of anxiety for many who worry their jobs will disappear. --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For more articles,...

A recent report places Switzerland second in a ranking of 33 european countries on conditions in the youth labour market in 2016 – youth are those between 15 and 24. ©-Tea-_-Dreamstime.com_ - Click to enlarge Switzerland’s overall score of 5.67 out of 7.00 is close to Denmark’s 5.72. Switzerland’s highest scores are for employment rate (6.01) and working conditions (5.77), with education (5.36) and smoothness of...

Combine sky-high commercial rents in homogenized, gentrified urban areas and sharp declines in the incomes of the limited populace who can afford gentrified urban areas and what do you get? A number of macro dynamics have set up gentrified urban America for a big fall in the coming recession. What does gentrified mean? Gentrified means only the gentry (top 10%) can afford to enjoy the urban amenities as commercial rents...