SNB & CHF

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...

Do you think Swiss expats should be able to retain their health insurance in Switzerland? In the past few years the number of Swiss pensioners who live abroad has increased, and because of their age and sometimes critical health conditions they can find only expensive health insurance or none at all. What are your thoughts on this? Let us know in the comments 👇 And click here to find out more:...

Overview: The dollar was bought after yesterday's pullback spurred by Japanese and Chinese comments and the tighter capital controls from Beijing requiring permission to buy more than $50 mln. The economic and monetary policy divergence continues to underpin the greenback. It is firmer against all the G10 currencies and is mostly inside yesterday's ranges. Most emerging market currencies are lower, led by central European currencies. The Chinese yuan is steady....

In the 1990s, Mexico became the scene of a gigantic cocaine market. Before the bundles of cash amassed by the drug cartels could be reinjected into the legal economy, this dirty money needed laundering - with the approval of the country's political representatives. At the time, Mexico was governed by the Institutional Revolutionary Party. Corruption was everywhere, and two names stood out - those of the brothers Carlos and Raul Salinas, “the Kennedys of Mexico”. Carlos Salinas...

Founded in 1948, the Cinémathèque Suisse has evolved from its initial struggles to become one of the world's top ten film archives, preserving not only the heritage of Swiss cinema but also many international film masterpieces. The Cinémathèque's journey has been shaped by visionaries like Freddy Buache, Hervé Dumont, and the current director, Frédéric Maire. Beyond its rich history, the Cinémathèque looks to the future, adapting...

One sees many flags at half-mast across the country today. And rightly so. Thanks in part to the negligence and incompetence of the CIA and FBI, the Federal government  failed disastrously at what it tells us is the regime's number-one priority: public safety.   [Read More: "9/11 Was a Day of Unforgivable Government Failure" by Ryan McMaken] More than 2,900 human beings died that day, the overwhelming majority of which were civilians working in ordinary...

Many people believe that the board game Monopoly, developed during the Great Depression, mimics a real-world capitalist economy. Monopoly is a game, not real life. Original Article: "Is the Monopoly Board Game Like Real Markets?" [embedded content] Tags: Featured,newsletter

It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a “dismal science.” But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance. —Murray Rothbard, “The Death Wish of the Anarcho-Communists” The Austrian school of economics stands as a beacon, illuminating the path to economic understanding through a perspective...