SNB & CHF

It's the 50th anniversary of the women’s football league in Switzerland, and there's a special exhibition at Zurich's football club to celebrate women's participation in the sport. The first-ever women’s football club was founded in Zurich in 1968. Soon afterwards, other female football clubs began springing up across the country. A national women’s league was formed in 1970 and the first championship took place the same year. The Zurich team was eventually renamed FC Zurich Ladies in...

The public examines some of the 25 luxury cars seized by canton Geneva during a money laundering probe into Teodoro Obiang, the son of Equatorial Guinea’s President – but such seizures are rare, according to Thelesklaf. Keystone / Laurent Gillieron The former head of Switzerland’s anti-money laundering office says the country is failing to pull its weight in the fight against large scale corruption. Daniel Thelesklaf is convinced that billions of dollars are still...

Markets are starting the week in risk-off mode; the dollar is firm on some safe haven flows but this is likely to prove temporary US politics is coming in to focus as the election nears; we fear that the likely horse-trading and arm-twisting will take away any residual desire to get another stimulus package done The trend towards more restrictive measures continues with London in focus; between the virus numbers and Brexit risks, sterling remains under pressure China...

The Fed plans to keep interest rates near zero, while monetizing debt, financing zombie companies, and pouring new dollars into the market. But that may not be enough. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack. Original Article: “The Fed Is Planning Another Ultralong Period of Ultralow Rates“. You Might Also Like Walter Berns and the Cult of “Patriotic”...

Savings are the foundation for a productive and advanced economy. Unfortunately, governments insist on policies that make it harder for ordinary people to save. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros. Original Article: “The Saving Problem in America: Alternatives and Reforms“. You Might Also Like What Germany Must Do for a Speedy Recovery On June...

In this roundtable discussion, David Gornoski, host of A Neighbor's Choice radio show, is joined by Mises Institute’s Jeff Deist, Keith Weiner of Monetary Metals, and James Dale Davidson, author of The Sovereign Individual. Together, they discuss the history and future of gold as an investment asset for the average Joe, general misconceptions about gold, the fiat money system, how to make gold become money. Is gold a rich man's game? Are stagnant wages connected to Nixon's abandonment...

In this roundtable discussion, David Gornoski, host of A Neighbor's Choice radio show, is joined by Mises Institute’s Jeff Deist, Keith Weiner of Monetary Metals, and James Dale Davidson, author of The Sovereign Individual. Together, they discuss the history and future of gold as an investment asset for the average Joe, general misconceptions about gold, the fiat money system, how to make gold become money. Is gold a rich man's game? Are stagnant wages connected to Nixon's abandonment of...

Swiss Franc The Euro has fallen by 0.45% to 1.0751 EUR/CHF and USD/CHF, September 21(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Global equity markets are off to a poor start to the week, and the dollar appears to be enjoying a safe-haven bid. Tokyo markets are closed until Wednesday, while Asia-Pacific stocks tumbled, and the regional index is unwinding last week’s gains. The Dow Jones Stoxx 600 is off...

© Jesada Wongsa | Dreamstime.com Compared to much of the world, confidence in the safety of vaccines is low in Switzerland, according to a recently published study. In 2015, only 30% of Swiss questioned strongly agreed that vaccines were safe, ranking it 133rd out of 149 nations in terms of confidence in vaccine safety. This compared to 89% in Argentina and 86% in both Liberia and Bangladesh. At the same time only 3% in Switzerland strongly disagreed with them being...

Those who don’t see the fragmentation, the scarcities and the battlelines being drawn will be surprised by the acceleration of the unraveling. I recently came across the idea that inflation is a two-factor optimization problem: inflation is necessary for the macro-economy (or so we’re told) and so the trick for policy makers (and their statisticians who measure the economy) is to maximize inflation in the economy but only to the point that it doesn’t snuff out...