SNB & CHF

Die Wallets wurden im Zusammenhang mit Steuerhinterziehung beschlagnahmt. Es handelt sich dabei, Berichten zu Folge, um mehr als 1.200 Wallets, die angeblich „säumigen Steuerzahlern“ zugeordnet werden konnten. Crypto News: Argentinien beschlagnahmt Crypto-WalletsDie Steuerbehörde selbst hat die Beschlagnahmung veranlasst, die darauf von einem Gericht abgesegnet wurde. Allerdings geht man aktuell davon aus, dass die Versäumnisse nicht zwingend im Zusammenhang mit...

Jason Hartman interviews Jeff Snider, Chief Investment Strategist and Head of Global Research at Alhambra Investment Partners. Consumer prices and asset markets have created the illusion of a red hot economy, but according to Jeff, the bond market has been telling us what's been wrong since 2008. Jeff shares with us some incredible data that shakes up traditional thinking and gives us his insights on the Federal Reserve, interest rate hikes, monetary policy and money printing and the...

Some Western countries plan to officially ban gold imports from Russia. In 2021, Russia dug up 314 tonnes of gold, nearly 10% of the metal mined globally. Ria Novosti An unexpected spike in Switzerland’s gold imports from Russia is under scrutiny as the leaders of the world’s wealthiest nations gear up to introduce a ban on the precious metal. The G7’s focus on gold, Russia’s second-largest export after energy, marks the latest effort by Western nations to ramp up...

The Federal Reserve’s various branches don’t just do manufacturing surveys anymore. This is a modern economy, after all, meaning industry isn’t the same top dog as what it used to be. While still important, and still able to tear down even the global-iest synchronized of growth-y, services are the big macro enchilada. Reflecting this fact, there are now regional Fed services surveys producing services indices to go along with the manufacturing sentiment stuff. I’ll...

At the core of the entrepreneurial orientation that is the engine of vibrant, growing, value-creating, customer-first businesses, we find the principles of subjectivism and subjective value. Subjective value embraces not only the value the customer seeks, but also the value that entrepreneurs establish in their companies: capital value. Once businesses master these two principles in combination, they can open new horizons of innovation and growth. Key Takeaways...

In a piece of news that shocked the mainstream media, but which shocked no one familiar with the academic industry writ large, retired US Army general John Allen was forced to resign as president of the Brookings Institution after it was revealed the FBI was investigating him for lobbying on behalf of the Qatari monarchy. Of course, the real news, scarcely noted by the Washington Post, New York Times, or any other purported paper of record, is that Allen was only...

New technologies, developed to improve our society, are increasingly being used to wage war. Switzerland, which leads the development of autonomous drones, is very much affected by this phenomenon. But regulating it is very difficult and requires a joint effort by the international community – a tall order when interests collide. The war in Ukraine has emphasised that all innovations can have both civilian and military applications. It’s a two-way street that has...

© Cameracraft8 | Dreamstime.com This week, the Swiss franc rose to beyond parity with the euro as traders sought safe haven assets as concerns about risks to global growth grew. The Euro-Swiss Franc pair fell below 1.00 franc per euro during the morning of 29 June 2022 and remained below 1.00 until the morning of 1 July 2022 when the value of a euro exceed that of a franc. The pair has not been this low since 2015. The rise has been driven by the franc’s haven status...

The James Webb Space Telescope, which lifted off into the heavens in December 2021, is on the hunt for distant galaxies, faint comets and early star formations. A key component of the telescope was part-developed in Switzerland. The Webb, the biggest and most powerful telescope ever sent into space, is considered as the successor to the Hubble telescope launched in 1990 by NASA. However, while the Hubble captures images in the spectrum visible to the human eye, the Webb can see further in...

30.06.2022 – Nominal retail trade turnover adjusted for sales days and holidays remained stable in May 2022 compared with the same month of the previous year with a rate of change of 0.0%. Seasonally adjusted, nominal turnover rose by 1.6% compared with the previous month. These are provisional findings from the Federal Statistical Office (FSO). Real turnover adjusted for sales days and holidays fell in the retail sector by 1.6% in May 2022 compared with the...