Swiss Franc The Euro has fallen by 0.06% at 1.1207 EUR/CHF and USD/CHF, April 04(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The global capital markets are subdued despite several macro developments. The US and China may announce as early as today when the two presidents will meet to ostensibly sign a trade deal, while House of Commons effort to block a no-deal...
Read More »Q&A on European Parliament elections
European Parliament elections, to be held between 23 and 26 of May, will be a key political event in Europe. However, we expect limited short-term impact, given the European Parliament’s limited ability to set Brussels’ agenda. European Parliament (EP) elections will be a key political event in Europe, a form of ‘midterm election’ in which the electorates can state their approval or disapproval of their...
Read More »Fast fashion and burning clothes
Overconsumption leads to overproduction and in fast fashion’s case a lot of clothes from previous collections are thrown out when the new collection is put on the racks. Some companies have been criticised for burning the remaining unsold clothes: would “slow fashion” solve the problem? Nouvo brings you short videos about Switzerland, Swiss current affairs and the wider world. Keep up to date and watch the videos wherever you are, whenever you like. --- swissinfo.ch is...
Read More »IMF predicts Swiss growth to slow to 1.1percent in 2019
In 2019, Swiss growth is expected to be subdued due to a combination of factors, including subdued domestic demand, a sustained regional slowdown, global trade tensions and Brexit The Swiss economy is likely to slow in 2019, with gross domestic product growth expected to hit 1.1%, followed by a “moderate” recovery in 2020, the International Monetary Fund said on Monday. The IMF said in a concluding statement, published...
Read More »Fast fashion and burning clothes
Overconsumption leads to overproduction and in fast fashion’s case a lot of clothes from previous collections are thrown out when the new collection is put on the racks. Some companies have been criticised for burning the remaining unsold clothes: would “slow fashion” solve the problem? Nouvo brings you short videos about Switzerland, Swiss current affairs and the wider world. Keep up to date and watch the videos wherever you are, whenever you like. --- swissinfo.ch is the international...
Read More »Retail Sales In Bad Company, Decouple from Decoupling
In a way, the government shutdown couldn’t have come at a more opportune moment. As workers all throughout the sprawling bureaucracy were furloughed, markets had run into chaos. Even the seemingly invincible stock market was pummeled, a technical bear market emerged on Wall Street as people began to really consider increasingly loud economic risks. There had been noises overseas, troubling indications that had gone on...
Read More »Phugoid Dollar Funding
On August 12, 1985, Japan Airways flight 123 left Tokyo’s Haneda Airport on its way to a scheduled arrival in Osaka. Twelve minutes into the flight, the aircraft, a Boeing 747, suffered catastrophic failure when an aft pressure bulkhead burst. The airplane had been improperly repaired from a tailstrike (the tail of the aircraft actually hitting the runway pavement) seven years earlier, and therefore wasn’t sufficiently...
Read More »FX Daily, April 03: Optimism Sweeps Through the Capital Markets
Swiss Franc The Euro has risen by 0.11% at 1.1188 EUR/CHF and USD/CHF, April 03(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Japan announced the name of the new era that begins May 1 and a new emperor. The connotation is of beautiful harmony. And investors have taken the bit and run with it. Optimism that the US and China near reaching an agreement on trade....
Read More »Sound money: A Biblical perspective – Part I
«It is the mark of an educated mind to be able to entertain an idea without accepting it.»Aristotle In today’s world, it is obvious that the competition of ideas is under serious threat and with it, the much-needed discussions on how to deal with certain topics or try to understand the world we live in. That is particularly worrying, especially when one considers that the western world went through the process of...
Read More »Stadler lands $600 million order in the US
Stadler’s first US order dates back to 2002 Swiss railway vehicle manufacturer Stadler Rail has won a $600 million (CHF597 million) order in the United States. The Metropolitan Atlanta Rapid Transit Authority (MARTAexternal link) on Friday announced its decision to award Stadlerexternal link the contract for 127 Metro (underground) trains with two options of 25 additional trains each. For Stadler, which has been present...
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