France’s last-ditch bid to persaude Switzerland to buy its Rafale fighter jet looks to have failed. Copyright 2018 The Associated Press. All Rights Reserved. France offered Switzerland a financial sweetener, worth an estimated CHF3.5 billion, to buy its Rafale fighter jets rather than US F-35A aircraft, according to a secret document seen by Swiss public broadcaster SRF. The document sheds light on background negotiations as Switzerland seeks to replace its ageing...
Read More »Ukraine reconstruction summit was worth the risk, says Swiss press
The Swiss press has praised Foreign Minister Cassis for organising the Ukraine Recovery Conference in Lugano earlier this week. © Keystone/Alessandro Della Valle Newspaper editors in Switzerland offered praise mixed with criticism on the two-day international conference in Lugano to support war-torn Ukraine with its reconstruction efforts. The Wednesday edition of the Tages-Anzeiger and other TA Media group papers said the meeting, which ended on Tuesday, was a step...
Read More »Employment, US Dollar and European Bonds with Steve van Metre [Eurodollar University, Ep. 259]
The US labor market offers both optimistic and pessimistic data points regarding the economic outlook. Does the value of the US dollar break the tie? How do sovereign bond yields in Europe fit into the picture? ----EP. 259 REFERENCES---- RealClear Markets Essays: https://bit.ly/38tL5a7 Epoch Times Columns: https://bit.ly/39ESkRf Jeff Snider: https://www.eurodollar.university/ Steve Van Metre: http://www.portfolioshield.net/ -------THE EPISODES------- YouTube: https://bit.ly/310yisL...
Read More »US-Finanzministerium veröffentlicht Details zur geplanten globalen Crypto-Regulierung
Das sogenannte „Fact Sheet“ zeigt den Rahmen, den das US-Finanzministerium gerne für eine internationale Regulierung des Cryptomarktes umsetzen will. Zahlreiche andere Nationen sind offenbar bereits mit an Bord und waren an den Plänen beteiligt. Crypto News: US-Finanzministerium veröffentlicht Details zur geplanten globalen Crypto-RegulierungSelbstverständlich wird das Fact Sheet als „Schutz für Nutzer, Investoren und Konsumenten“ vermarktet, um die Akzeptanz der...
Read More »The Role of Ideas
1. Human Reason Reason is man’s particular and characteristic feature. There is no need for praxeology to raise the question whether reason is a suitable tool for the cognition of ultimate and absolute truth. It deals with reason only as far as it enables man to act. All those objects which are the substratum of human sensation, perception, and observation also pass before the senses of animals. But man alone has the faculty of transforming sensuous stimuli into...
Read More »How air conditioning cools homes and warms the planet
Around 10% of Swiss homes are equipped with air-conditioning systems. Istvan Balogh / Alamy Stock Photo More intense and frequent heatwaves have caused demand for air conditioning to skyrocket, even in temperate countries like Switzerland. But there is a catch: the cooler the buildings, the warmer the planet. This summer will be hotter than usual. That’s according to a forecast made by the Federal Office of Meteorology and Climatology (MeteoSwiss) at the end of May,...
Read More »Der NDB ist atlantisch unterwandert: Auf einem Auge komplett blind während das andere in den Spiegel schielt
Am 27. Juni 2022 publizierte der Nachrichtendienst des Bundes (NDB) seinen Bericht “Sicherheit Schweiz 2022” (PDF). Seit ein paar Jahren wird darin ein “Lageradar” aufgeführt, der “für die Schweiz relevanten Bedrohungen” aufzeigt. Je weiter ins Zentrum ein Strahl reicht, desto relevanter ist die Bedrohung für die Schweiz durch dieses Thema. Für das Jahr 2022 hat der NDB drei “Brennpunkte” ausgemacht : Konventioneller Krieg in Europa Russland Migrationsrisiken...
Read More »Immigration only partially alleviates lack of skilled workers
The pool of Swiss IT specialists is almost dry © Keystone / Christian Beutler The Swiss economy has recovered well from the Covid-19 crisis, but despite the free movement of people agreement with the EU, some sectors are struggling to recruit qualified staff, says a government report. The unemployment rate in spring 2022 returned to its pre-pandemic level for both Swiss and foreign employees, according to the 18th report of the Observatory on the Free Movement of...
Read More »FACE Interview July 8th 2022. Marc believes this Fed tightening cycle ends by the end of this year.
Marc Chandler is being interviewed by Dale Pinkert during the F.A.C.E. webinar. Marc believes this Fed tightening cycle ends by the end of this year. He also pointed out small declines in hours worked. He sees continued softening of the economy. Subscribe to attend for FREE using the following link: http://bit.ly/2WhbchO
Read More »FX Daily, July 8: Abe’s Assassination Shocks the World
Swiss Franc The Euro has risen by 0.14% to 0.9906 CHF. EUR/CHF and USD/CHF, July 8(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge Overview: News that former Prime Minister Abe was assassinated while campaigning in Japan ahead of the weekend election shocked the nation and world. The immediate market impact looks minimal. Asia Pacific equities mostly advanced. Chinese stocks were the main exception and generally underperformed the...
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