SNB & CHF

From Mullah to ProgressiveOn May 19, 2024, the president of Iran, Ebrahim Raisi, was killed in a helicopter crash in the mountains of Iran. He was a Shi’ite cleric and lawyer who won the presidency in 2021. After his death, a man by the name of Masoud Pezeshkian won the following presidential election. Pezeshkian is a polar opposite of the previous president Raisi; he has been called a reformist by Western and Middle Eastern media outlets.The New York Times has...

Last Friday, the Bureau of Labor Statistics reported that the unemployment rate had jumped to 4.3% in July. The pace at which unemployment is rising matches the speed often found in the early stages of a recession — an indicator known as the Sahm Rule. The triggering of the Sahm Rule sparked a panic in the stock market that only grew at the start of this week after other economies, especially in East Asia, experienced even sharper downturns.Many...

The Senior Loan Officer Survey came out yesterday and I’m sure you’ve been waiting on pins and needles, as I have, to see the results. Okay, maybe you had better things to do. I sure hope so because it isn’t exactly riveting. Here’s the description from the Fed’s website: Survey of up to eighty large domestic banks and twenty-four U.S. branches and agencies of foreign banks. The Federal Reserve generally conducts the survey quarterly, timing it so that results are...

Switzerland didn’t have colonies of its own, but that’s precisely why it was able to profit from colonialism. Its ties with major colonial powers helped cement its global economic position. --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For more articles, interviews and videos visit swissinfo.ch or subscribe to our YouTube channel:...

The Pound Sterling falls against the US Dollar below 1.2700 amid weak appeal for risk-sensitive currencies. Investors worry that the US economy could enter a recession. The British currency will be guided by market speculation for BoE rate cuts. The Pound Sterling (GBP) extends its downside below 1.2700 against the US Dollar (USD) in Tuesday’s New York session. The GBP/USD pair weakens as the US Dollar steadies after rebounding from fresh...

Ice and dust – why are these important to study in a comet? Astrophysicists at the University of Bern want to study the ice beneath the surface of comets, using a type of instrument usually used in airport security. The ice on comets could help answer questions about the formation of our solar system - when ice and dust came together. Want to watch the full version? Check out our “Found in Space” series on our website. #comets #spaceresearch #switzeland ---...

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order....

In this video astrophysicists at the University of Bern explain, how they want to study the ice beneath the surface of comets, using a type of instrument usually used in airport security. The ice on comets could help answer questions about the formation of our solar system. 00:50 A new kind of space instrument based on terahertz spectroscopy 01:42 Distinguishing between amorphous and crystalline ice 02:32 Building the SUBICE instrument 03:47 Making SUBICE fit for space Read more about the...

Send us a Text Message. (https://www.buzzsprout.com/twilio/text_messages/910414/open_sms) Pamela Munster, a world-renowned oncologist, has been working in San Francisco for 15 years.  In this episode, she recounts her battle against breast cancer.  You can find more written and video content about this story on SWI swissinfo.ch:  in English (https://www.swissinfo.ch/eng/business/from-cancer-doctor-to-cancer-patient-and-back-again/49160434)   in French (original)...

Recently, there has been a scandal in the luxury fashion industry concerning “unethical business practices,” and without going into the history or nature of these industries, somethings are particularly disconcerting about the scandalizing itself. The practices may be causes of disturbance; however, that is not our aim in this article. What I seek to put under scrutiny is the journalistic slandering of these corporations.Perhaps a skeletal summary would be useful...