SNB & CHF

A strategy for liberty must be both optimistic and realistic.Perennial optimists are sometimes tempted to ignore or minimize hazards, their answer to every challenge being somewhat lackadaisical: “Don’t worry, it will be fine.” They make the mistake of supposing all that is needed to surmount any challenge is a good bout of optimism. They can be heard, for example, assuring us that simply pronouncing the slogan “go woke, go broke” will scatter the enemies of liberty....

The price or the rate of exchange of one good in terms of another is the amount of the other good divided by the amount of the first good. In the money economy, price will be the amount of money divided by the amount of the first good.Suppose two transactions were conducted. In the first transaction, one TV set is exchanged for $1,000. In the second transaction one shirt is exchanged for $40. The price or the rate of exchange in the first transaction is $1,000 per TV...

The word "treason" has enjoyed something of a renaissance in recent years—on the Left. It used to be more popular on the Right. During the Cold War, conservatives frequently employed the word to demand their ideological enemies be exiled or executed. Nowadays, anti-immigration activists frequently denounce their opponents as "the treason lobby." But it's on the Left that the word appears to have its most devoted advocates at the moment. Robert Reich, for instance, is...

Russian writer Mikhail Shishkin, who works and lives in Switzerland, is our guest in On the Record. He talks about how to defend Russian culture, how he witnessed Switzerland welcome dirty money with open arms and asks whether Russia and Ukraine will ever be able to reconcile in the future. Watch the full interview here: https://youtu.be/RcFh4iyBq78 See more episodes in our special series 'On The Record':...

Russian writer Mikhail Shishkin, who works and lives in Switzerland, is our guest in On the Record. He talks about how to defend Russian culture, how he witnessed Switzerland welcome dirty money with open arms and asks whether Russia and Ukraine will ever be able to reconcile in the future. Russian writer Mikhail Shishkin may live in the peaceful village of Laufen but the war his country wages against Ukraine is a constant source of torment. "How do you explain to people there [in...

Russian writer Mikhail Shishkin, who works and lives in Switzerland, is our guest in On the Record. He talks about how to defend Russian culture, how he witnessed Switzerland welcome dirty money with open arms and asks whether Russia and Ukraine will ever be able to reconcile in the future. --- 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...

Offering ageing workers a chance to retire later could help plug Switzerland’s historic labour shortage in some key sectors. The Swiss recently voted against raising the pension age to 66, but could there be some wiggle room? --- 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...

Russian writer Mikhail Shishkin, who works and lives in Switzerland, is the main character of the new episode of On The Record. He talks about how to defend Russian culture, how he witnessed Switzerland welcome dirty money with open arms and asks whether Russia and Ukraine will ever be able to reconcile in the future. The full interview will be published on Thursday. --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on...

In Inside Geneva this week we get an eyewitness account of a mission to supply Gaza’s hospitals.  Chris Black, World Health Organisation: ‘People have told me oh you must be very brave for going to Gaza. I don’t think so, I think what’s brave is the people who have been doing this work since early October, and who go back every day, to do it again and again and again.’  Aid agencies say nowhere is safe in Gaza  Chris Black, World Health...

It’s 20 years since Concorde made its final commercial flight, ending the first era of supersonic travel. A Swiss start-up is part of a new generation of aviation pioneers trying to re-introduce high-speed travel using clean hydrogen. But the road ahead is long and expensive. The article related to this episode and the video interview (https://www.swissinfo.ch/eng/business/swiss-start-up-destinus-enters-hypersonic-flight-race-powered-by-hydrogen/48993264) is available on swissinfo.ch...