SNB & CHF

Opponents argue that the anti-pesticide initiatives will harm Switzerland’s agriculture sector and undermine the country’s self-sufficiency. Anthony Anex/Keystone The director of the leading Swiss farmers’ organisation is deeply concerned about two initiatives to ban pesticide. Martin Rufer explains what voters’ approval would mean for Switzerland’s agriculture. The two proposals, to come to a nationwide ballot on June 13, are causing heated debates and have not only...

Switzerland may have to find alternative ways to welcome foreign companies to Switzerland. Keystone / Peter Klaunzer The looming shadow of a global minimum corporate tax rate could threaten Switzerland’s status as a hub for multinational company headquarters. The United States says that no country should tax companies less than 21%, a proposal that has added momentum to talks over a worldwide minimum corporate tax rate. The average corporate tax rate among Swiss...

27.04.2021 – In 2019, the total health care expenditure in Switzerland according to international standards was CHF 82.1 billion. At 2.3%, growth in health care expenditure was below the five-year average of 2.8%. In comparison to the previous year, the percentage of gross domestic product (GDP) spent on health care at current prices rose from 11.2% to 11.3%. These are the latest findings of the Federal Statistical Office (FSO) on the costs and financing of the...

Some recent videos about the silver market are generating more buzz than we have seen in a while. They make several points, but the main one is that there is a global shortage of silver. This assertion stands in contradiction to the fact that the silver price has dropped. As of the date of the first of these videos, it had dropped around 10% from its level just a month earlier. An 8th grader is a good litmus test for ideas in economics and markets. What would a...

Die Frankenschwäche sowie der anhaltende Aufwärtstrend an den Aktienmärkten haben zum voraussichtlichen Gewinn der SNB beigetragen. (Bild: Shutterstock.com/MDart10) Am kommenden Donnerstag wird die Schweizerische Nationalbank (SNB) ihr Finanzergebnis für das erste Quartal 2021 präsentieren. Die UBS erwartet für diesen Zeitraum einen SNB-Gewinn von rund 40 Mrd. CHF, wie einer Mitteilung vom Montag zu entnehmen ist. Wie die UBS-Ökonomen ausführen, haben die...

Special Episode - Making Sense of Crypto & Coffee: w/ Emil Kalinowski & Jeff Snider of Eurodollar University! Emil and Jeff Join us for another discussion of the Macro down to the micro in the Legacy Financial System and maybe even some DNA-level crypto talk! You don't want to miss this! Making Sense - Jeff & Emil's current episode: https://youtu.be/kMA05fie05c News - Discount Links - Research - Prices - ICO's - SEE BELOW Own 1 of only 3 Original Crypto & Coffee “I...

Swiss Franc The Euro has fallen by 0.03% to 1.1048 EUR/CHF and USD/CHF, April 26(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: What promises to be a notable week has begun off quietly: the US, EMU, and South Korea report Q1 GDP. The eurozone also provides its first estimate of April inflation. Corporate earnings feature tech and financial firms.  Equities are mostly firmer in the Asia Pacific region and...

Paul Krugman has a very prominent perch from the editorial page at the New York Times and he has used his influence, among other things, to shill for two things that are anathema to a strong economy: inflation and organized labor. My analysis examines what Krugman says about labor unions and explains why once again his economic prognostications are off base. In a recent column, Krugman declares that the present political climate may reverse the long trend in private...

Switzerland has introduced targets and regulations to reduce vehicle C02 emissions. © Keystone / Gaetan Bally A former employee at the Swiss Federal Roads Office (FEDRO) and two board members of a vehicle exporter have been charged with fraudulently manipulating data to avoid CO2 emissions sanctions. The Swiss federal prosecutor’s office said on Monday that the fraud had illegally saved the vehicle exporter from paying CHF9 million ($9.8 million) in financial...

Some Germans appear to have used Migros Bank to hide assets from their home tax authorities. © Keystone / Gaetan Bally Switzerland’s Migros Bank has agreed to pay €2.4 million (CHF2.65 million) to clear up cross-border tax evasion issues with Germany. Migros is one of several Swiss banks that have shelled out a penalty to avoid prosecution in the neighbouring country. Other banks to have made such an arrangement in the past include UBS, Credit Suisse and Julius Bär....