Federal Councillors’ trip at Schloessli Woerth in Neuhausen am Rheinfall in Schaffhausen, Thursday, June 30, 2022. Keystone Nearly two out of three Swiss (64%) believe that Swiss government members do not work smoothly together, according to a survey carried out by the Sotomo research institute. The Swiss government consists of the Federal Council which comprises seven members, each of whom heads a ministry. There are clear tensions and rivalries in the executive...
Read More »Swiss Blockchain-Insurtech Jarowa Raises CHF 12.4 Million Series A for Europe Expansion
JAROWA is a Swiss digital marketplace and transaction platform for insurance companies, property managers, and leasing companies to manage their trusted service providers and digital orders more efficiently. JAROWA has successfully closed its Series A funding round, led by Eos Venture Partners, a strategic venture capital fund focused on InsurTech. The proceeds will be used to further expand JAROWA’s offering throughout Europe. Andreas Akeret, JAROWA CEO, stated,...
Read More »When You Can’t Go On by Charles Hugh Smith, Chapter by Chapter
Hear it Here - adbl.co/3OFQ1MB When I burned out, what I wanted but could not find was a practical guide by someone who had experienced burnout themselves. None of the material I found spoke to what I was experiencing or to my sense that our economy is now optimized to burn people out. I decided to write the guide I wanted but could not find. This is my experience of burnout, reckoning and renewal. This book is my account of what helped me. The intended audience is other burnouts and...
Read More »The Roundtable Insight – Charles Hugh Smith on the USD, Emerging Markets and Investment Implications
http://financialrepressionauthority.com/2022/07/28/the-roundtable-insight-charles-hugh-smith-on-the-usd-emerging-markets-and-the-investment-implications/ Support us on Patreon - https://www.patreon.com/roundtableinsight
Read More »Yen Squeeze Continues
Overview: The US dollar begins the new month better offered. It is softer against all the major currencies. Short yen positions continue to get unwound, which is leading the move, followed by the Antipodeans, where the Reserve Bank of Australia is expected to hike rates tomorrow. Most emerging market currencies are firmer too, except for a few Asian currencies, the Russian rouble, and, of course, the Turkish lira. Asian and European equities are higher. Japan and...
Read More »Correcting Economists: Term Premiums Nain’t a Thing [Ep. 270, Eurodollar University]
Central bankers use ‘Term Premia’ to cover for their grave, fundamental mistakes: A) not understanding bond markets, and B) putting themselves at the center of the monetary system. ****EP. 270 REFERENCES**** More than Model Error: http://www.marketsinsiderpro.com/ RealClear Markets Essays: https://bit.ly/38tL5a7 Epoch Times Columns: https://bit.ly/39ESkRf ****THE EPISODES**** YouTube: https://bit.ly/310yisL Vurbl: https://bit.ly/3rq4dPn Apple: https://apple.co/3czMcWN...
Read More »SNB Losses in the News
My written statement for 20minuten: Anlageverluste der SNB sind schlecht für den Schweizer Steuerzahler, denn ihm gehört die SNB. Sie können aber auch Entwicklungen widerspiegeln, die ihre guten Seiten haben. Jetzt zum Beispiel führt die Frankenstärke zu Anlageverlusten, bremst aber auch die importierte Inflation. Die Diskussion um die Höhe der SNB-Ausschüttungen ist vielfach fehlgeleitet. In der Debatte geht vergessen, dass Gewinnausschüttungen das Reinvermögen von...
Read More »How British Efforts to Enforce Equality Have Led to a Woke Totalitarianism
From the Equal Pay Act 1970 to the Equality Act 2010, there has been a wave of legalization in Britain to turn the state into some omniscient being that can determine the intentions of an employer. While these pieces of legislation did not enforce direct quotas onto businesses, they have increased inefficiencies through the increase in human resources roles for companies and organizations to cover their own backs. These pieces of anti-discrimination legislation...
Read More »What Can The Beatles Teach Us about Management?
Own your work. Don’t give it away or let others profit at your expense. Leverage it when opportunities arise. What can The Beatles teach us about management?Young readers may wonder why The Beatles still matter 52 years after the band broke up. It’s a fair question. There are many answers, but perhaps the obvious one (beyond the music, of course) is the band was a cultural phenomenon that has no modern equivalent. A less obvious answer is the unusual dynamics of the...
Read More »Swiss fundraising effort creates tensions with Ukraine
Ukrainians receive humanitarian aid from the Worldwide Food Program (WFP) at a school building damaged by recent shelling in Kharkiv, Ukraine, July 15, 2022. Keystone / Sergey Kozlov The humanitarian charity Swiss Solidarity raised CHF126 million ($132.4 million) to help Ukrainian refugees and support local journalists. But Ukrainian authorities say they have yet to receive anything and appear to be getting impatient. The foundation explains it works on a long-term...
Read More »