SNB & CHF

The US Supreme Court considered reinstating a $900,000 (CHF810,000) jury verdict won by a fired UBS Group research strategist in a case that could make it easier for whistleblowers to win suits claiming retaliation under a federal investor-protection law.   Share Facebook Twitter E-mail Print Copy link UBS contends that...

Members of the Canadian Parliament recently applauded a Ukrainian member of the Nazi Waffen-SS during World War II. Apparently, it's now okay to be a Nazi so long as you're fighting the Russians. Original Article: The Left Is Now Telling Us (Ukrainian) Nazis Aren't So Bad After All [embedded content] Tags:...

Saturday the world was rocked by the outbreak of war in southern Israel as Hamas fighters crossed out of Gaza, taking hostages and killing Israeli civilians. The political leader of Hamas says the attacks were in response to the Israeli treatment of Palestinians at the al-Aqsa Mosque last week. But other reports indicate that the attack was planned for weeks with the help of the Iranian government and was meant to mark the fiftieth anniversary of the Yom Kippur War....

Overview: Broadly speaking, the dollar's recent pullback was extended today but the momentum appears to be slowing, perhaps ahead of tomorrow's US CPI report. The Dollar Index slipped to its lowest level since September 25 before steadying. The greenback is mixed as the North American market is set to open. The dollar bloc and Swedish krona are the underperformers. The Swiss franc is the best, up about 0.2%, while the yen and euro are little changed. Most emerging...

At the end of September, a very interesting story made the rounds in the media and caught my attention. Apparently, the US big box giant Costco added one rather surprising product to its range and it proved immensely popular. Next to humongous multipacks of cereal, buckets of peanut butter, mattresses and air fryers, customers were offered the opportunity to throw a gold bar in their carts as well.  Selling like hotcakes  According to a recent CBS...

[In recent months, Senior Fellow Mark Thornton has been covering today's economy in detail in his Minor Issues podcast, so we asked him some questions about where the economy is headed now.] Mises Institute: You’ve become notable for the idea of the “skyscraper curse,” which is an illustration of how an inflationary economy can lead to more and more gargantuan construction projects. The projects keep getting bigger (and taller) until the bust finally kicks in. That...

Haiti famously won its independence from France during a slave revolt, but being independent has not brought political stability or prosperity. Instead, Haitians struggle to get by in the Western Hemisphere's poorest country. Original Article: Haiti May Have Won Independence, But It Is Not Independent of Chaos and Poverty [embedded content]...

Whether you’re a conservative or libertarian, the notion of government shutdowns is no longer an alien concept considering that Washington managed to add a whopping $1 trillion to the gross national debt in a matter of three months—a large percentage coming from interest expenses alone. Another record for our national debt has been broken again, with $275 billion added onto the national debt in a single day. How we solve this issue is a question that will remain...

Two perpetrators and two victims of the Colombian civil war present the painstakingly negotiated peace process together in Switzerland – for the first time before the international community. They want to show that reconciliation is possible after decades of war. Danilo Conta, an italian businessman residing in Colombia, was kidnapped by the FARC in 1996. He was accompanied by Rodrigo Londoño Echeverri, the last commander of the FARC, who signed the Peace treaty with the...

While Murray Rothbard believed that self-ownership formed the basis for private property rights, other philosophers disagree. Original Article: Can We Find a Basis for Private Property Rights? [embedded content] Tags: Featured,newsletter