SNB & CHF

On July 30, Yellow, one of the oldest and largest trucking businesses in the United States, ceased operations and moved to declare bankruptcy. According to reports, the final nail in the coffin of the ninety-nine-year-old business was a labor dispute with the Teamsters Union. Yellow’s executives also deserve some blame, however. The trucking networks acquired in the 2000s and 2010s were poorly managed, delaying their integration. That said, when the company finally...

Overview: Late yesterday, on the eve of the quarterly refunding announcement, Fitch cut the US rating to AA+ from AAA, citing project fiscal deterioration over the next few years and "the erosion of governance". S&P also has the US as an AA+ credit. Ironically, many observers who have been critical of the US monetary and fiscal policies, like former Treasury Secretary Summers and El-Erian, were also critical of Fitch's decision. The US 30-year yield reached its...

Economic exchange stands as the defining essence of any economy, epitomizing the intricate web of interconnected transactions that shape its very existence. In essence, an economy derives its essence from the culmination of individual exchanges. However, the profound impact of the crucial distinction between voluntary choice and coercion often goes unnoticed by many outside the realm of economic study. In this article, we delve deeper into the dynamics of economic...

Mention “Switzerland” and a host of images spring to mind: cheese, chocolate, mountains, banks. To celebrate Swiss National Day on August 1, we unpicked five common myths about Switzerland. Are all Swiss people rich? Do you become Swiss if you're born in Switzerland? Does the population speak Swiss? Do the trains always run on time? And did yodelling really originate here? Play the video for the answers. --- swissinfo.ch is the international branch of the Swiss Broadcasting...

The state is, first and foremost, an institution whose overarching goal is the forcible subjugation of all the people who inhabit a given territory. However, what makes the state different from other coercive entities, such as organized crime groups, is that it enjoys some form of popular legitimacy. In other words, in addition to enslaving its inhabitants physically, it needs to secure their mental servitude as well. Many forms of such servitude have been tested by...

Is there is anything about food or farming that you’re concerned about? Click this link and ask your questions in our new debate: https://www.swissinfo.ch/eng/is-there-is-anything-about-food-or-farming-that-you-re-concerned-about-/48659098 --- 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...

Some police officers in Switzerland want a ban on videos of police operations shot by the public. Click here to find out more: https://www.swissinfo.ch/eng/swiss-police-cry-foul-over-citizen-filming-of-arrests/48682044

How to quickly measure the biodiversity of a rainforest? Scientists in Zurich are experimenting with drones and a mobile laboratory to collect and analyse traces of plant, animal and other DNA. Their test ground: a tropical hall in Zurich Zoo. How to survey the biodiversity of a hundred hectares of rainforest in only 24 hours? A team of experts in genetics, environmental sciences and robotics set out to solve this challenging task. The fact that every living being leaves DNA traces around...

The Swiss are struggling with high prices. What does inflation mean for the poor? We talked about this with our guests in Let's Talk. --- 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: Website: http://www.swissinfo.ch Channel:...

When and where the next avalanche will happen is hard to predict. In a special cold laboratory in Davos, researchers simulate the effects of wind on fresh snow to better understand the mechanisms that trigger avalanches. For centuries, avalanches have posed a threat to mountain farmers and their livestock. With the development of winter tourism, roads, railways and hydropower plants, the interest in avalanche research and protective measures has grown. The origins of the WSL Institute for...