A banknote's life is not eternal: tears, stains and other imperfection make it unfit for circulation after some time, but how damaged has a banknote to be in order to be taken out of circulation? Who decides whether a banknote can still be used for payment? In Switzerland, a banknote's life is a perfect circle because it ends where it started: at the Swiss national bank. We've met with Peter Eltschinger, Advisor in the Cash division, to understand what happens at the end of a banknote's...
Read More »Summer profiles: Recognising and supporting survivors of sexual violence
Send us a text (https://www.buzzsprout.com/twilio/text_messages/915097/open_sms) Conflict-related sexual violence has existed for as long as war itself – forever. “It is a weapon of war. I would say it’s a weapon of mass destruction. It is really maximising harm,” says Esther Dingemans, Executive Director of the Global Survivors Fund. In Inside Geneva’s final summer profile, we talk to a woman working to support survivors of sexual violence…from...
Read More »The IRS Direct File Program: Making It Easier for the IRS to Take Your Money
Last month, in a move to curb another example of government overreach, Representatives Adrian Smith and Chuck Edwards introduced the IRS Overreach Prevention Act. This act aims to prohibit the Internal Revenue Service from continuing its “Direct File” pilot program. The program, which essentially allows the IRS to bypass the normal audit process and file tax liens directly with the courts, is nothing more than a clear violation of taxpayers’ due process rights...
Read More »Swiss economy outperforms weak European industry
The pharma sector saw growth in Switzerland Keystone-SDA Listen to the article Listening the article Toggle language selector...
Read More »Initiative aims to save Swiss agriculture from GMOs
Protest against GM food in Switzerland Keystone-SDA Listen to the article Listening the article Toggle language selector...
Read More »The Dollar is Bid but Ueda Lends Support to the Yen
Overview: The dollar is bid as the upside correction that began last week continues today. The greenback is trading above last week's highs against most of the G10 currencies. The yen is the notable exception. Comments by BOJ Governor Ueda has reiterated his intention to raise rates further provided the economy continues to perform as the central bank expects. The dollar has unwound yesterday's gains against the yen and is lower than last week's close (~JPY146.15)....
Read More »The mystery of Switzerland’s surging imports of Uzbek and Kazakh gold
Sanctions against Russia have led to a rerouting of global gold trade flows. Afp Or Licensors Listen to the article Listening the article Toggle language selector...
Read More »Risks Facing Bullish Investors As September Begins
Since the end of the “Yen Carry Trade” correction in August, bullish positioning has returned with a vengeance, yet two key risks face investors as September begins. While bullish positioning and optimism are ingredients for a rising market, there is more to this story. It is true that “a rising tide lifts all boats,” meaning that as the market rises, investors begin to chase higher stock prices, leading to a virtual buying spiral. Such leads to an improvement in...
Read More »Abgedroschen: “Stärkung der Verteidigungsfähigkeit”
Viele Medienmitteilungen des VBS enden mit dem Versprechen, dass die rapportierte Aktion der “Stärkung der Verteidigungsfähigkeit” dient (Beispiele unten) – als ob man es extra erwähnen müsste. Oder ist dies nicht ein permanenter Auftrag an die Armee? Im VBS wird unterdessen so viel für die Stärkung der Verteidigungsfähigkeit getan, dass einem schwindlig wird. Unterdessen wird fast jede erfolgreich abgeschlossene Tätigkeit, jeder Kontakt mit Externen, jede...
Read More »Swiss flies to Tel Aviv again on Thursday
More Canton Graubünden wants to cull National Park wolf pack This content was published on Sep 3, 2024 Canton Graubünden blames the wolf pack for killing cattle in the region....
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