SNB & CHF

Each week we encounter mouthwatering policies implemented by the newly elected libertarian president of Argentina Javier Milei. He has the libertarian community in awe. His arrival to politics with an openly antisystem discourse shook not only the local scene in Argentina but also the rest of the world. But how? The respective libertarian parties in each country barely get enough votes to even appear on the main grid on election night! There are numerous reasons as...

Exciting news from Switzerland ? Travelling from Switzerland to London in under 6 hours? It's not a reality yet, but the Swiss Federal Railways is exploring the potential of a direct high-speed rail link with international operators! Tap here to read the full story ? https://www.swissinfo.ch/eng/society/could-a-direct-high-speed-train-link-between-switzerland-and-london-soon-be-a-reality/49071586 --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation...

Silvergate Bank, Silicon Valley Bank, Signature Bank, and First Republic Bank fell like dominos in March–April 2023. The United States Treasury, Federal Reserve, and Federal Deposit Insurance Corporation (FDIC) intervened in an unprecedented way to stall the domino effect. They waived the FDIC’s $250,000 cap on insured deposits at the failed banks, and the Fed instituted the Bank Term Funding Program to bail out any and all banks that run into trouble meeting...

Overview: The foreign exchange market is quiet. The Lunar New Year holiday shut most Asian markets. That, coupled with the light news in Europe, have served to keep the dollar in narrow ranges against the G10 currencies. The Swedish krona, Norwegian krone, and Japanese yen are posting minor gains against the greenback. The New Zealand dollar, which was strongest major currency last week (1.4%) is off by almost 0.5% today, making it the weakest today. RBNZ Governor...

Did you know that exactly 96 years ago, the Winter Olympics in St Moritz, in eastern Switzerland, began? Before February 11, 1928, winter events were part of the Summer Games, so this was the first standalone Winter Games event. Tap here to find out more about the event ?https://www.swissinfo.ch/eng/multimedia/this-day-in-history--when-st-moritz-staged-the-1928-winter-olympics/49198108 --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is...

Under Obama and Biden, the banking sector has been weaponized against industries American leftists don't like.  The Obama administration acted as if its regulatory targets did not deserve due process, and the program ravaged far and wide. Original Article: Biden and Forgotten Federal Financial Tyranny [embedded content]...

Scott R. Sehon tries to be intellectually honest in his critique of capitalism and his endorsement of socialism, but David Gordon writes that Sehon needs to better know the arguments favoring capitalism. Original Article: If One Wishes to Discredit Capitalism, One Should at Least Understand How It Works [embedded content]...

The Biden administration’s Middle East policies are going to produce the same kind of blowback that led to the 9/11 attacks. The more reckless Biden becomes, the more American lives are placed at risk. Original Article: Biden's Middle East Policy Puts Americans at Risk [embedded content] Tags: Featured,newsletter

Is the regulatory choice a tradeoff between safety or “breaking a few eggs” via free markets? The logic of allowing for free and unhampered markets is compelling. Original Article: Are Free Markets More Dangerous than Regulated Markets? [embedded content] Tags: Featured,newsletter

Pharmaceutical giant Novartis invested billions in Slovenia, helping turn it into a global player in generic drug production. ?? With competitive pressure from Asia rising, Swiss drug companies now look to this small Balkan nation for a crucial role in transitioning to more complex and expensive medicines. ?? We went to Slovenia to visit several facilities in and around Ljubljana to understand their role in the global pharmaceutical supply chain. Tap here to find out more ?...