SNB & CHF

In today's episode of our Inside Geneva podcast we look at the Rwandan genocide, 30 years after the slaughter of an estimated 800,000 Tutsis by Hutu militias. Why couldn't we stop it? And have we learned anything from it? Listen to our podcast to find out: 🎧Apple podcasts: https://podcasts.apple.com/ch/podcast/the-rwandan-genocide-30-years-on-witnessing/id1506227169?i=1000652583204 🎧Spotify: https://open.spotify.com/episode/2wY5exnZrIFJtrb3hAnlnO 🎧YouTube: https://youtu.be/WyGh3AtkIkw...

More and more cocaine continues to enter Europe, and customs officials at Zurich Airport are among officials trying to curb the illegal trade. Swiss public television, SRF, spent the day with them to find out how they search for the addictive drug. In 2023, the Zurich cantonal police seized around 64kg of cocaine, 10kg of heroin, 566kg of khat, 64kg of marijuana and 20kg of hashish during checks on travellers at Zurich Airport. 35 people were arrested. For more details please click on the...

Forensic science is critical in the search for justice and the fight against impunity. Africa suffers from a dearth of forensic pathologists and Switzerland is helping to boost their numbers with training.  In Mexico, forensic scientists need support to help identify the tens of thousands of victims of Mexico's drugs war. The University Centre of Legal Medicine Lausanne-Geneva (CURML) is developing tools to find graves. Articles and videos on forensic training in African countries...

The world is marking 30 years since the Rwandan genocide. Inside Geneva talks to those who witnessed it.  “We came to one village where there were a few survivors and a man came to me with a list and said ‘look, the names have been crossed out one by one, entire families, they were killing everybody from those families,’” says Christopher Stokes, from Médecins Sans Frontières (Doctors Without Borders).  Charles Petrie, former United Nations...

Today marks one year since the outbreak of the civil war in Sudan. The conflict has led to a devastating humanitarian crisis. Last year, we examined what the UN and humanitarian agencies here in Geneva can do to either prevent such conflicts from occurring or help ease the suffering. Listen to this episode of our Inside Geneva podcast to learn more. 🎧Apple podcasts: https://podcasts.apple.com/ch/podcast/sudans-tragedy/id1506227169?i=1000613188559 🎧Spotify:...

Here are three news stories from Switzerland this week. 🇨🇭

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We are taught from a very young age; “Government works for you”, or “the Government is the embodiment of the populous.” We accept these slogans blindly and carry on day to day. However, reality does not match up with these catch phrases. This is painfully clear when looking at the incentives that face these officeholders. After examining just a few, it’s clear we ought to adopt slogans that align with reality like, “the Government works for themselves.”The Big...

The Prophets of Doomby Neema ParviniImprint Academic, 2023; 227 pp.It was to be expected that Neema Parvini would give us an excellent book, and he has not disappointed us. Parvini is an outstanding Shakespeare critic and has written an important book on property rights, The Defenders of Liberty. In The Prophets of Doom, he discusses with marvelous concision a number of thinkers who have rejected the notion of universal historical progress, advocating instead a...

I am on vacation, and then on a business trip that will interrupt the commentary until the weekly note on April 30. The May monthly analysis will be published the following week after the FOMC meeting and April employment report. I wanted to weigh in on a few key market issues before leaving. New Divergence: The continued robust US jobs growth (276k average in Q1 24 and 251k average in 2023) and above-trend growth allow the Federal Reserve to remain focused on...