SNB & CHF

Mainstream financial news today is replete with stories about “distress” in the commercial real estate market. But what is the precise nature of this distress, and what implications does it have for those outside of the respective industry or asset class? More importantly, what set of factors contributed to the distress, and what does that say about its potential alleviation?Broadly, “distress” in the commercial real estate context refers to the inability of a...

The international media interest in the Ukraine peace conference is enormous. We give you some insights into the media centre on the Bürgenstock. Watch the video now to find out more! --- 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, interviews and videos visit swissinfo.ch or subscribe to our YouTube channel: Website:...

Earlier this week, those of us who follow news about the US dollar’s global status noticed numerous claims that the US-Saudi petrodollar agreement had “expired” and that the Saudis would now sell oil for many currencies other than dollars. Some versions of the story even claimed the Chinese yuan would replace the dollar. The reports appear to have originated either in India or in publications that cater to crypto investors. Fervor over the story was large enough that...

Here is a brief insight into the Ukraine peace conference which is taking place today and tomorrow, June 15 and 16, at the Bürgenstock resort in Switzerland. --- 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, interviews and videos visit swissinfo.ch or subscribe to our YouTube channel: Website: http://www.swissinfo.ch...

Those who have (wisely) not been following the “decolonization” debate may be surprised to learn that decolonizers characterize reason and rationality as cultural constructs that ought to be rejected, as these are said to be “based upon epistemological assumptions deeply rooted in the Western philosophical tradition” and therefore “perpetuate hegemonic thinking.” The decolonizers argue that reason and rationality ought to yield to “other ways of knowing” that are...

Under other circumstances, the softer than expected US inflation readings and the subsequent sharp drop in US interest rates would have weighed on the US dollar. Instead, the greenback managed to do well, especially against the euro, sterling, and Japanese yen. The 0.6% rise in the Dollar Index was the biggest gain in two months. The Fed's hawkish hold, with the median dot shifting to one cut this year from three in March (and last December) means that some other...

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order....

Several months ago, I was on a long car trip with my dad, and we listened to a podcast that gave some commentary on the following headlines from the New York Times and the Wall Street Journal: “AI Poses ‘Risk of Extinction,’ Industry Leaders Warn” and “AI Poses ‘Risk of Extinction’ on Par with Pandemics and Nuclear War, Tech Executives Warn.”Obviously, this was in the wake of new AI technologies like ChatGPT and others. This is also not a new issue. In 2017, the Wall...

2024 marks the fourth class of the Ron Paul Scholars Seminar. If you are a student interested in peace and prosperity, a non-interventionist foreign policy, the Liberty movement, and in making contacts in your peer group who are not stuck in the mental prison of our political duopoly, please consider applying to be a 2024 Ron Paul Scholar. This year’s event will take place on Friday, August 30.The Ron Paul Scholars Seminar is a one-day, interactive foreign policy and...

President George Washington famously warned against entangling alliances in his farewell address to Congress. However, now more than ever, it seems that escalations across the globe are tempting the United States to become increasingly involved in other countries’ dilemmas. American citizens and legislators must remember part of what made the American experiment so unique and resist those temptations. Here’s why.The US defense budget is unjustifiable. In 2021,...