SNB & CHF

On December 8, 2024, the 24-year reign of Syrian strongman Bashar al-Assad came to an end after a rebel coalition of  Al-Qaeda offshoots, Turkish proxies, and other Islamist militants overwhelmed the capital of Damascus. In effect, a Sunni Islamist saturnalia brought an end to the Middle East’s last secular Arab government. The Assad family, starting with Hafez al-Assad in 1971, has held an iron grip on Syrian politics for over five decades. As committed members of...

Sandoz reaches further settlement in the USA Keystone-SDA Listen to the article Listening the article Toggle language selector...

Owing largely to a campaign led by Florida, many people are now aware of the fallacies of Critical Race Theory. In recent months, some states have banned the “divisive concepts” of CRT. For example, in Alabama it was reported that:The bill has examples of divisive concepts such as “individuals, by virtue of race, color, religion, sex, ethnicity, or national origin, are inherently responsible for actions committed in the past by other members of the same race, color,...

AI tools like ChatGPT are already transforming the way we work. But are young people in Switzerland concerned about their future careers? ?⁠ ⁠ We hit the streets of Bern to see how young people feel about AI in their jobs. ?⁠ ⁠ Let us know what you think in the comments. ⁠ -------- 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,...

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....

President-elect Donald Trump’s announced cabinet and White House staff appointments for his next administration have attracted praise from supporters, outrage from opponents, and even criticism from libertarian podcasters like Ron Paul and Radio Rothbard hosts Ryan McMaken and Tho Bishop regarding Trump’s hawkish national security picks. Everyone agrees that “personnel is policy” though, meaning that the outspoken policy preferences of many of Trump’s appointees...

Yesterday's Commentary touched on the divergence between robust economic growth in the U.S. and near-recessionary conditions in Canada. We highlighted the importance of this to U.S. investors because of the historically strong correlation between the two economies. Unfortunately, Canada is not a one-off instance. Britain, Europe, and China also exhibit poor economic growth. Given the U.S. operates in a global economy, it's hard to imagine that economic stagnation...

When it comes to building long-term wealth, it’s not just about how much you earn but how much you keep. Taxes can significantly impact your investment returns, making tax-efficient investing a crucial component of any wealth accumulation strategy. By utilizing tax-advantaged accounts, employing strategies like tax-loss harvesting, and selecting tax-efficient funds, investors can reduce their tax burdens and maximize after-tax returns. Why Tax-Efficient Investing...

Swiss-based cryptocurrency app Relai has secured US$12 million in funding to drive its expansion across Europe. The investment was led by ego death capital with participation from Plan B Bitcoin Fund, Timechain, and Solit Group. The heavily oversubscribed funding round will enable Relai to enhance its platform, streamline the Bitcoin buying process, and educate users on the benefits of the crypto as a savings tool. Relai also shared its plans to obtain the Markets in...

The German economy was once a global industrial powerhouse, showing a strong resilience in times of crisis as well as significant productive growth in periods of expansion.Germany displayed robust industrial activity, solid productivity, and enviably low unemployment levels, which added to real high wages. However, in the past five years the economy has stagnated, and its GDP is 5% smaller than the pre-pandemic growth trend suggested, according to Bloomberg...