SNB & CHF

The voluntary site allowed people to register their vaccinations online, but the probe found their data was not secure. Keystone / Gaetan Bally A federal investigator has found “serious” technical failures at voluntary vaccination registry mesvaccins.ch, which was closed in May following data security concerns. “The technical failures were indeed very serious, affecting all services of the platform,” Federal Data Protection Commissioner Adrian Lobsiger told Swiss...

While bankruptcy has a negative connotation in the business world, “Bankruptcy fulfills the crucially important social function of preserving the available stock of capital.” Original Article: “Preserving Capital through Bankruptcy” The New York Times recently published a piece entitled “When Kmart Moved Out, Churches and Flea Markets Moved In.” The article, penned by Kevin Williams, provides an instructive subtitle: “The retailer’s former stores are being used...

Follow Keith Weiner: Twitter: @kweiner01 Keith is the president of the Gold Standard Institute USA, and CEO of Monetary Metals. Keith is a leading authority in the areas of gold, money, and credit. keithweinereconomics.com _______________________________________________________________________ Please subscribe to my channel and leave your comments below: ☑ Website - https://www.dlacalle.com/en ☑ Twitter - https://twitter.com/dlacalle_IA ☑ My books at Amazon -...

SIX group has backed its new DLT exchange to enhance the way stocks and bonds are traded worldwide. © Keystone / Ennio Leanza A new Swiss stock exchange has been awarded a license to trade digital assets using distributed ledger technology (DLT). On Friday, the SIX Digital Exchange (SDX) was given the go-ahead by the Swiss Financial Market Supervisory Authority (FINMA) to operate as a stock exchange and central securities depositoryExternal link. The licensing...

Could Texas usher in a uniquely decentralized approach to immigration? Texas Governor Greg Abbott recently embarked on a unique policy drive to have the state government lead the charge on immigration policy. It’s no secret that talks of immigration evoke powerful emotions on both sides — another indication of the elevated levels of polarization present in the US. As I’ve previously mentioned, the present level of friction in Washington DC has effectively prevented...

The Orca plant in Climeworks, Iceland, intends to extract 4,000 tonnes of CO2 per year from the air. Climeworks The Swiss company Climeworks has just opened in Iceland the world’s largest plant for the capture and permanent storage of carbon dioxide from the air. This technology is deemed essential for combating global warming, yet it raises some questions. What if, after decades of steady rise, global greenhouse gas emissions finally started to drop? Such is the...

[unable to retrieve full-text content]Because my economics courses focus on public policy, I often deal with benefit-cost analyses (BCA) in them. While little discussed, the central idea is simply to identify and include all the relevant benefits and costs of a decision, do our best to estimate their values, then choose the option that provides the greatest net benefits. Hardly a radical idea. It can be useful in disciplining our thinking to be more consistent. Benjamin Franklin employed a...

Gold leads the way Last week we wrote about the gold to silver ratio. Our points were that it measures the price of one metal against the other, just as we use the dollars per ounce to measure daily metals prices, and just as we use ounces per Corvette to measure purchasing power preservation. Also, we discussed the range of movement that silver has around gold over the past fifty years.  We laid out notes for when to buy silver against gold, and when not to. The...

Some of you may know the name Alex Berenson, the former New York Times journalist who comes from a left-liberal background. He has been absolutely fearless and tireless on Twitter over the past eighteen months, documenting the overreach and folly of covid policy—and the mixed reality behind official assurances on everything from social distancing to masks to vaccine efficacy. He became a one-man army against the prevailing covid narratives. Mr. Berenson is famous for...

Overview: Yesterday’s retreat in US indices was part of and helped further this bout of profit-taking. The MSCI Asia Pacific Index ended an eight-day advance yesterday and fell further today. Japanese indices, which had set multiyear highs, fell for the first time in nine sessions. Hong Kong led the regional slide with a 2.3% decline as China’s crackdown on the gaming industry continued. Some companies in this space were reportedly to enforce the limits on minors,...