SNB & CHF

Social Justice Fallaciesby Thomas SowellBasic Books, 2023; 224 pp. Thomas Sowell has given us a penetrating criticism of the approach to justice taken by many political philosophers, especially John Rawls and his innumerable followers. He says that they construct an image of the way society ought to be but fail to ask whether their plans are feasible. His criticism is well-taken, although he does not offer an adequate account of the rights that people have. He says...

The federal government’s Bureau of Labor Statistics (BLS) released new price inflation data last week, and according to the report, price inflation during August accelerated, coming in at the highest year-over-year increase in three months. According to the BLS, Consumer Price Index (CPI) inflation rose 3.7 percent, year over year, in August before seasonal adjustment. That’s up from July’s year-over-year increase of 3.2 percent, and August is the twenty-ninth month...

Autoworkers are angry at their working situation and are striking for higher wages and a shorter work week. Their anger is misdirected. Original Article: Striking Autoworkers Will Only Harm Their Own Livelihoods [embedded content] Tags: Featured,newsletter

An investigation by Swiss media RTS and Neue Zürcher Zeitung (NZZ) revealed that a Swiss precious metal refiner imported gold from a Dubai-based refinery accused of money laundering and trading gold from conflict areas. The authorities had already warned the Swiss refiner, so why didn't they sanction it? Stay tuned for part two to find out! 🔗Or click here to read the full story: https://www.swissinfo.ch/eng/the-dark-secrets-of-switzerland-s-largest-gold-refinery/48802284

Swiss universities regularly rank high in international surveys and attract a large number of foreign students. 📚 In this explainer we look at which universities there are, how can students access them and where do foreign students fit in. Click here to find out more: https://www.swissinfo.ch/eng/explainer--understanding-the-swiss-higher-education-system/48739682 --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland...

Swiss universities regularly rank high in international surveys and attract a large number of foreign students. In this explainer we look at which universities there are, how can students access them and where do foreign students fit in. In the Times Higher Education (THE) World University rankings in 2020, Switzerland had more top-200 universities per capita than any other country. Each year around 258,000 students enrol at a Swiss higher education institution. Currently, 44% of...

When former Malaysian Prime Minister Najib Razak came to power in 2009, he announced the creation of a public investment fund called 1MDB, intended to finance development projects for the country's infrastructure. But five years later, when investigative journalist Clare Brown looked into this forgotten subject, she discovered that almost $2 billion borrowed from international banks had never been invested in roads or hospitals around the country – instead it had been spent on luxury...

Here are three news stories from Switzerland you shouldn't have missed this week. Want to know more about these stories? Follow the links below! ⛪️Sweeping study finds 1,000 cases of sexual abuse in Swiss Catholic Church since 1950: https://www.swissinfo.ch/eng/priests-committed-over-1-000-sex-crimes-in-switzerland-since-1950/48804720 🏎️Swiss students break world record with self-built electric car:...

On December 22, 2008, Swiss prosecutor Laurence Boillat interviewed an HSBC bank employee at Geneva police station. The employee was a computer scientist called Hervé Falciani, who had been born in France and had lived in Switzerland for ten years. Over several months, the Swiss police had been received tips accusing him of attempting to sell banking data. But that evening, the magistrate let him go home without managing to extract any information from him. Is Falciani a...

On May 7, 2000, the Grand Kremlin Palace in Moscow hosted the inauguration ceremony of Vladimir Putin, the new president of Russia. The building had been renovated shortly before, at Boris Yeltsin's request. But the Russian government did not choose a national company to do this work: it called on Mabetex, a Swiss-based construction company. A year earlier, the company had been investigated for suspicious financial transactions involving entities at the centre of Russian power. It was the...