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SNB & CHF

The longer-term effects of global warming

What will the earth look like in 1,000 or even 5,000 years’ time? To find answers, climate researchers from around the world have analysed the data for individual warm periods in the past. (SRF/swissinfo.ch) --- 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:...

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From Serbia to the Swiss Alps: a bear’s adventure

Napa the rescued circus bear has taken his first steps outdoors in his Alpine enclosure at the Arosa Bear Sanctuaryexternal link in Graubünden, which opens to the public on August 4. This video records his early moments of feeling the grass beneath his paws. He's one of five rescue bears that will be housed there. --- 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...

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Swatch Group withdraws from Baselworld

The famed Swiss watch and jewellery manufacturer Swatch Group has participated in Baselworld for years with nearly all of its 18 brands. (Keystone) With the departure of its largest exhibitor from 2019, it’s yet another setback for the world’s largest watch and jewellery trade show, which has seen participation dwindle in recent years. Swatch Group CEO Nick Hayek told the NZZ am Sonntag newspaper on Sunday that “today,...

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Great Graphic: USD Pushes Below CAD1.30

For the first time since mid-June, the US dollar has traded below CAD1.30. The greenback is weaker against all the major currencies. However, for the most part, it is still in well-worn ranges, which makes the breakdown against the Canadian dollar even more notable. It is not clear that today’s break will be sustained. Indeed, we lean against it. However, a bounce back into the CAD1.3040-CAD1.3060 may offer a better...

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A Dire Warning, Report 29 July 2018

Let’s return to our ongoing series on the destruction of capital, and how to identify the signs. Steve Saville posted a thoughtful article this week entitled The “Productivity of Debt” Myth. His article provides a good opportunity to add some additional thoughts. We have written quite a lot on this topic. Indeed, we have a landing page for marginal productivity of debt (MPoD) with four articles so far. Few economists...

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Here’s What We’ve Lost in the Past Decade

The confidence and hubris of those directing the rest of us to race off the cliff while they watch from a safe distance is off the charts. The past decade of “recovery” and “growth” has actually been a decade of catastrophic losses for our society and nation. Here’s a short list of what we’ve lost: 1. Functioning markets. Free markets discover price and assess risk. What passes for markets now are little more than...

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KOF Economic Barometer, July: Remains Practically Unchanged

The KOF Economic Barometer only slightly moved in July. Compared to its June value, it decreased by 0.2 to 101.1 points. The current Barometer value still stands slightly above the long-term average of 100 points; it thus indicates a slightly above-average economic development in Switzerland in the coming months. In July, the KOF Economic Barometer fell slightly to 101.1 points from 101.3 in June (101.7 in the initial...

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FX Daily, July 30: Equities, Bonds, and the Dollar Start Week Softer

Swiss Franc The Euro has fallen by 0.03% to 1.159 CHF. EUR/CHF and USD/CHF, July 30(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The week’s big events lie ahead. It is seen as the last important week before the dog days of summer when many participants will take holidays. The BOJ’s two-day meeting concludes tomorrow. Speculation that the BOJ is looking for ways to...

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