SNB & CHF

Overview: Speaker Pelosi's visit to Taiwan has added to the risk-off mood of the capital markets today. Most of the large Asia Pacific equities sold off, with Australia and India being notable exceptions. Europe's Stoxx 600 is off for the second consecutive session, and by the most (~0.60%) since mid-July. US futures are also weaker. Benchmark 10-year rates are lower. The 10-year Treasury is off a couple of basis points to below 2.55%, while European yields are...

Monero ist derzeit der populärste Anonymity-Coin des Marktes. Dies jedoch könnte sich bald ändern, denn der größte Mining-Pool Moneros hat angekündigt, seinen Betrieb einzustellen. Wird Monero dadurch seine Position im Markt verlieren oder wird diese sogar durch eine Dezentralisierung des Minings gestärkt werden? Crypto News: Größter Monero Mining Pool wird abgeschaltetBeim Mining-Pool handelt es sich um Minexmr. Der Pool hat derzeit eine Gesamt-Hashrate von 1,05...

In Switzerland, all able-bodied men complete compulsory military service, while others opt for a civilian service. But how useful is a conscript army in light of what Russia did to Ukraine? This is one of many questions SWI readers sent to us. Daniel Reist, head of media relations for the Swiss armed forces, takes a shot at answering them. Our seventh question and the last in our series is: why are women not conscripted in Switzerland? --- swissinfo.ch is the international branch of the...

With last week’s second 75 basis-point rate hike, the Federal Reserve now claims it has achieved a “neutral” monetary policy stance. That would mean, in theory, that interest rates are neither stimulating nor restraining the economy. “Now that we’re at neutral, as the process goes on, at some point, it will be appropriate to slow down,” Fed Chairman Jerome Powell said. Powell was effectively telling markets he intends to pivot away from inflation fighting. Yet...

The problem for global corporations feasting on “Inflation” profiteering is that the vast majority of consumers can’t afford another lavish vacation, overpriced vehicle or specious subscription. A funny thing seems to be happening within “Inflation”: companies are using “inflation” as cover for outrageous price increases that have little to do with actual inflation. Consider a water or electric utility that is directly impacted by rising costs of natural gas / oil....

One of the benefits to the U.S. national-security establishment of Russia’s invasion of Ukraine is that it has enabled the U.S. mainstream press to focus on the evils of the Russian regime rather than on the evils of the U.S. regime.  Consider, for example, the invasions and long-term occupations of Afghanistan and Iraq, both of which, most everyone would concede, were riddled with official lies. Given all the attention of the mainstream press on Russia’s invasion...

The world today is in crisis. Military aggression in Ukraine has escalated into global economic war, with nations forced to choose between following the lead of an increasingly illiberal West and access to the vital energy and industrial markets of Russia and China. At the same time, the world continues to suffer the devastating consequences of “public health” experts who exploited the coronavirus crisis to pursue their underlying authoritarian impulses. Meanwhile,...

Federal Councillors’ trip at Schloessli Woerth in Neuhausen am Rheinfall in Schaffhausen, Thursday, June 30, 2022. Keystone Nearly two out of three Swiss (64%) believe that Swiss government members do not work smoothly together, according to a survey carried out by the Sotomo research institute. The Swiss government consists of the Federal Council which comprises seven members, each of whom heads a ministry. There are clear tensions and rivalries in the executive...

JAROWA is a Swiss digital marketplace and transaction platform for insurance companies, property managers, and leasing companies to manage their trusted service providers and digital orders more efficiently. JAROWA has successfully closed its Series A funding round, led by Eos Venture Partners, a strategic venture capital fund focused on InsurTech. The proceeds will be used to further expand JAROWA’s offering throughout Europe. Andreas Akeret, JAROWA CEO, stated,...

Hear it Here - adbl.co/3OFQ1MB When I burned out, what I wanted but could not find was a practical guide by someone who had experienced burnout themselves. None of the material I found spoke to what I was experiencing or to my sense that our economy is now optimized to burn people out. I decided to write the guide I wanted but could not find. This is my experience of burnout, reckoning and renewal. This book is my account of what helped me. The intended audience is other burnouts and...