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SNB & CHF

Swiss help transform Kyrgyzstan’s ski industry

Just like in alpine Switzerland, there is also a ski industry in the high mountains of Kyrgyzstan in Central Asia, and it’s getting some help from the Swiss. Eight years ago, a dedicated ski instructor from the eastern Swiss canton of Graubünden started a winter tourism project in Kyrgyzstan to create jobs in the cold season. Edda Hergarten took fellow instructors with her to teach the Kyrgyz people how to ski. Now about 40 of them are instructors themselves. This is her story....

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Schweizer Bitcoin Startup Relai schliesst $4.5M Finanzierungsrunde ab

Relai, die Schweizer Bitcoin-App, gibt eine Investitionsrunde in Höhe von 4,5 Millionen US-Dollar bekannt, die von ego death capital angeführt wird. Weitere Investoren sind Timechain, Cabrit Capital und Lightning Ventures. An der Investitionsrunde beteiligten sich auch der Hauptinvestor von Relai, Redalpine, und der Seed-Stage-Investor Fulgur Ventures, die beide erneut investierten. In Juni 2021 hatte Relai deren Series A (2.5Mio CHF) abgeschlossen und letzten Mai...

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Roald Dahl and James Bond Books Are Getting Woke Rewrites. Copyright Law Ensures You Can’t Stop Them.

Thanks to copyright laws, the estate of Roald Dahl can not only rewrite his books, but can also essentially outlaw the old versions. Only books in the public domain are safe from this. Original Article: "Roald Dahl and James Bond Books Are Getting Woke Rewrites. Copyright Law Ensures You Can't Stop Them." This Audio Mises Wire is generously sponsored by Christopher Condon.  [embedded content]...

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Gustave de Molinari, First Anarcho-Capitalist

Of all the leading libertarian French economists of the mid- and late nineteenth centuries, the most unusual was the Belgian-born Gustave de Molinari (1819-1912). Born in Liege, the son of a Belgian physician and a baron who had been an officer in the Napoleonic army, Molinari spent most of his life in France, where he became a prolific and indefatigable author and editor in lifelong support of pure laissez-faire, of international peace, and in determined and...

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Slavery in the Americas: Separating Fact from Fiction

The history of transatlantic slavery is riddled with fables and errors. Erroneous claims have been propagated in the media because history is currently perceived as a political project that must justify present sensibilities. History has become so politicized that rigorous research is unable to disabuse activists of inaccuracies. Due to the rampant politicization of academia, noted scholars are usually cajoled into apologizing for defending historical standards....

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Biden’s Executive Order on Equity: It Will Create Greater Inequality

On February 16, 2023, President Joe Biden issued his second executive order to strengthen equity within federal agencies. Among other things, it ordered them to install equity officers and implement action plans with the superficial aim of making it easier for “underserved communities” to access federal resources. Although there is plenty of commentary on the specific content of the new order, that is not what this article is about. Rather, the purpose of this...

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Yields Pull Back to Start the New Week

Overview: The modest economic goals announced as China's National People's Congress starts was seen as a cautionary sign after growth disappointed last year. It seemed to weigh on Chinese stocks, though others large bourses in the region advanced, led by Japan's Nikkei and South Korea with gains of more than 1%. Europe's Stoxx 600 is little changed after rising for the past two sessions. US index futures are slightly softer. Strong gains were seen before the...

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Former top Credit Suisse shareholder Harris Associates sells out of bank

© Keystone / Michael Buholzer One of Credit Suisse’s longest-standing shareholders has sold its entire stake in the scandal-hit Swiss bank after losing patience with its strategy amid persistent losses and a client exodus. US investment manager Harris Associates, whose deputy chair and chief investment officer David Herro was for years among the Swiss bank’s most prominent supporters, owned as much as 10 per cent of Credit Suisse’s stock last year. Harris started...

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Creating peace in Ukraine: live podcast discussion

In a special live recording of the Inside Geneva podcast, host Imogen Foulkes was joined by experts in conflict resolution to discuss what a peace deal between Russia and Ukraine might look like, and to find out what makes a successful, sustainable peace. Why do some peace negotiations take years? Why do few succeed and why do so many fail? This episode brought together: Katia Papagianni, Director of Policy and Mediation Support at the Centre for Humanitarian Dialogue; Keith Krause,...

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