SNB & CHF

The Federal Electricity Commission (ElCom) has again voiced concern about Switzerland’s ability to secure sufficient power supplies in the coming years. The majority of Switzerland’s electricity is produced by hydropower. © Keystone / Christian Beutler While there is no immediate danger of shortfalls in the Alpine state, the electricity watchdog said on Thursday that more should be done to ensure domestic energy security in the mid to long term. Switzerland is...

The recent spate of bombing violence in Israel’s West Bank, East Jerusalem, and Gaza demonstrates the enduring attachment both Israelis and Palestinians have to physical land in the country. Both sides make claims—legal, moral, and political—to land within Israel, from the southernmost tip of Gaza to the northernmost tip of the Golan Heights. This ongoing and often violent dispute is based on interrelated historical and religious events reaching back thousands of...

Business and human rights experts argue that Switzerland should seize the opportunity to require responsible sourcing of cobalt, an in-demand mineral whose risks to human rights are often overlooked. Cobalt must be included in Swiss Responsible business Legislation - Click to enlarge The government is holding consultations on a new law to hold companies accountable for the adverse impact of their operations on people after the Responsible Business Initiative failed...

When we think of analyzing economic organizations, we generally think of firms and corporations. But there is another organization that is just as critical to economic development: the extended family. Indeed, the advantages offered by this institution are numerous and include risk sharing, mutual aid, human capital building, social capital building, and resource complementarity and coordination. Risk Sharing and Mutual Aid One of the most important roles of the...

A new measure of the monetary order will be unveiled at the end of this two-part episode. But first, a discussion of uncertainty, incomplete pictures, relativity, perspective and the limits of human knowledge. Also, bank reserves and repurchase agreements. ---------SEE IT----------- Twitter: https://twitter.com/JeffSnider_AIP Twitter: https://twitter.com/EmilKalinowski Alhambra YouTube: https://bit.ly/2Xp3roy Emil YouTube: https://bit.ly/310yisL Art: https://davidparkins.com/...

Swiss Franc The Euro has fallen by 0.12% to 1.094 EUR/CHF and USD/CHF, June 04(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Stronger than expected US employment data, ahead of today’s monthly report and compromise proposal on corporate tax by the White House to help secure a deal on infrastructure sent US bond yields and the dollar high. Late dollar shorts were forced to cover. The greenback is mixed now,...

(Disclosure: Some of the links below may be affiliate links) Many people are saying that I make FIRE and early retirement look too simple. And many people are falling into the trap of believing that retiring early is easy. I want to delve into that important subject. For me, retiring early is simple, there is no doubt. However, it is not easy! The difference is fundamental. And there are no secrets to getting to FIRE. You need to focus your efforts on that goal. And...

A computer image of the planned underground logistics network. Cargo sous terrain Goods that are normally trucked on busy Swiss roads are a step closer to travelling underground on driverless vehicles after an ambitious cargo project got a first legislative go-ahead. Born in London, Simon is a multimedia journalist who has worked for www.swissinfo.ch since 2006. He speaks French, German and Spanish and covers the United Nations and other international...

Swiss Franc The Euro has risen by 0.06% to 1.0966 EUR/CHF and USD/CHF, June 03(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Market participants appear to be biding their time ahead of tomorrow’s US jobs report as they digest recent developments. The dollar is firmer, equities are mixed, and benchmark bond yields are a little firmer. China and Hong Kong shares continue their recent underperformance, while...

On 23 December 2021, a 90-year old resident of Luzern, was the first person in Switzerland to be vaccinated against Covid-19. In the roughly 5 months since then, more than 3 million people in Switzerland have received at least one dose of vaccine, representing around 36% of the population. © Alexey Novikov | Dreamstime.com By 1 June 2021, 1.75 million (20% of the population) were fully vaccinated and a further 1.32 million (15% of the population) were partially...