SNB & CHF

Geneva will be hosting the first presidential meeting between the American president Joe Biden and his Russian counterpart Vladimir Putin. Preparations are underway. As the host country, Switzerland will be deploying its good offices and taking all the necessary measures to ensure that talks, which start on June 16, can take place as safely and as discreetly as possible. Issues which have contributed to a rise in tensions between the United States and Russia are likely to be discussed,...

Vice-President Kamala Harris got jeered in Guatemala, and deservedly so, after telling the Guatemalan people, “Do not come. The United States will continue to enforce our laws and secure our border.”  At the same time, the Biden administration is promising $4 billion in foreign aid to the Guatemalan government. Apparently the idea is that by bribing Guatemalan officials with lots of U.S. taxpayer money, the Guatemalan government will crack down and prevent...

Swiss-based multinationals such as commodities trader Glencore will receive subsidies and other incentives under plans Switzerland is drawing up to maintain its competitive tax rates, even as the country prepares to sign-up to the G7’s new plan for a global minimum tax on big businesses. A blooming economy: canton Zug © Keystone / Alexandra Wey Bern is consulting its cantonal governments – which set their own corporate tax rates – to examine how measures such as...

Daniel Want, early-21st century Australian philosopher and Chief Investment Officer of Prerequisite Capital, discusses: absence of knowledge at educational institutions, transitory inflation, first principles, disconnected markets, justice as prerequisite and unified magnitude of the crisis. --------REFERENCES-------- Prerequisite Capital: https://bit.ly/3gjMvd7 Training Videos: https://bit.ly/3czM4sM Daniel LinkedIn: https://bit.ly/3gt3Rmq Daniel Twitter: https://bit.ly/3gsH0r3 Daniel...

Swiss Franc The Euro has fallen by 0.04% to 1.0879 EUR/CHF and USD/CHF, June 11(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The 10-year US Treasury yield steadied after reaching a three-month low near 1.43%, despite the US CPI rising more than expected to 5% year-over-year. On the week, the decline of around a dozen basis points would be the largest in a year. Australia, New Zealand, and Italy benchmark...

Das Eidgenössische Departement für Wirtschaft, Bildung und Forschung WBF hat eine Änderung des Anhangs 7 der Verordnung vom 8. Juni 2012 über Massnahmen gegenüber Syrien (SR 946.231.172.7) publiziert. Am 10. Juni 2021 hat das Eidgenössische Departement für Wirtschaft, Bildung und Forschung WBF die Liste der in diesem Kontext sanktionierten Personen, Unternehmen und Organisationen geändert. Die Änderung ist in der Schweiz direkt anwendbar. Das WBF hat daher die für...

UEFA and AntChain, the blockchain business of Ant Group, announced a five-year global partnership around blockchain technologies and to jointly explore how blockchain technology can be used to further the digital transformation of football industry and improve the experiences of fans around the world. In doing so, AntChain also becomes the official global blockchain partner of UEFA EURO 2020 and UEFA EURO 2024 The partnership also revealed the tournament’s Top...

Apotheken, die Coronavirus-Schnelltests durchführen, müssen einige Unterlagen und Nachweise bis zum 31. Dezember 2024 aufbewahren. / Foto: Fotolia/Robert Kneschke Für die Durchführung von Coronavirus-Schnelltests müssen Apotheken einiges beachten. Bereits heute gilt, dass die Unterlagen zur Abrechnung der Vergütung bis zum 31. Dezember 2024 aufbewahrt werden müssen. Allerdings hieß es bisher in der Coronavirus-Testverordnung nur, dass dafür der »Nachweis der...

Swiss Franc The Euro has fallen by 0.06% to 1.09 EUR/CHF and USD/CHF, June 10(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The ECB meeting and the US May CPI report is at hand. The US dollar is consolidating at a higher level against most of the major currencies. Softer than expected, inflation readings are weighing on the Scandis, which are bearing the brunt. The US 10-year yield closed below 1.50% for...

Swiss chocolate makers have struggled to eradicate child labour in the hazelnut supply chain originating in the Black Sea region of Turkey. Dominique Soguel The world has witnessed the first rise in child labour in 20 years and the coronavirus crisis threatens to push millions more minors into the same fate, the United Nations said on Thursday. Swiss multinationals from food giant Nestlé to mining titans Glencore and Trafigura have struggled to eradicate child labour...