Mexico is an ideal location both geographically and economically. New registrations from Swiss companies are currently the order of the day. Credit: Matt Gush / Alamy Stock Photo Listen to the article Listening the article...
Read More »What Switzerland can learn from Silicon Valley and Hippies
In his 50 years in the USA, St. Gallen psychologist and consultant Herman Gyr has never lost faith in human ingenuity, the ability to learn and adapt to even the most adverse circumstances. This is despite the fact that climate change is his biggest concern. In this exclusive interview with SWI swissinfo.ch, Gyr shared his insight into what he thinks are the key influences that drive innovation in Silicon Valley. Search for 'The Swiss Connection' wherever you get your podcast!...
Read More »Watergate-era “reforms” made the federal government even stronger
Today is the fiftieth anniversary of the resignation of President Richard Nixon, who later was pardoned of all Watergate crimes by President Gerald Ford. The Watergate break-in occurred at the Democratic National Committee headquarters office in June 1972 at the Watergate building in Washington, DC, during a presidential election year. The Nixon Administration exerted great effort to conceal its involvement in the break-in. The United States Department of Justice and...
Read More »USD/CHF attracts some sellers below 0.8600 as geopolitical risks draw investors to safe-haven Swiss Franc
USD/CHF loses traction around 0.8590 in Thursday’s early European session, down 0.30% on the day. The US Fed is expected to cut rates more aggressively beginning in September. Strong safe-haven demand benefits the Swiss Franc against the Greenback. The USD/CHF pair drifts lower to near 0.8590 during the early European session on Thursday. The Swiss Franc (CHF) gains traction from the unwinding of carry trades and escalating geopolitical...
Read More »Uniting refugees and host communities through sport | Listen to our Inside Geneva #podcast 🎧
On our Inside Geneva podcast, we interview a career woman and an asylum seeker in Geneva who are working together to promote inclusion through sport. --- 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.
Read More »Explainer: how stock market plunges impact Switzerland
Could stock market jitters be a symptom of deeper problems? Keystone-SDA Listen to the article Listening the article Toggle language selector...
Read More »US Dollar set for second day of gains while volatility declines and market woes fade
The US Dollar recovers for a second day in a row this week. The BoJ dropped mixed messages on its monetary policy. The US Dollar index pops above 103.00 and rallies higher on Wednesday. The US Dollar (USD) recovers as all asset classes start to head back to more normal levels. Equities are behaving quite well and are stable, volatility is easing, and safe havens such as Japanese Yen (JPY) and Swiss Franc (CHF) are easing further against the...
Read More »America reaches a sad milestone
Last week the national debt reached 35 trillion dollars, a mere seven months after the debt reached 34 trillion dollars. To put this in perspective, the national debt first reached one trillion dollars in October of 1981, almost 200 years after the Constitution’s ratification!The fact that the government was adding one trillion dollars in debt in little over half a year was not deemed worthy of comment by President Biden, Vice President Harris, and most other US...
Read More »China’s competitiveness is driven by low taxation, not by industrial policy
The West is getting increasingly worried about China’s export prowess as its companies are rapidly gaining market shares in green and high-tech industries. Recently, U.S. Treasury Secretary Janet Yellen accused China of industrial overcapacity and urged Europeans to respond jointly to the latter’s nonmarket practices. Allegedly, China is flooding international markets with cheap products of good quality primarily due to industrial subsidies. The U.S. and its allies...
Read More »Why not eliminate taxes on all income?
During a campaign stop in Nevada early last month, Republican presidential candidate Donald Trump promised that if elected, there would be no more federal tax on tips.Said Trump: “For those hotel workers and people that get tips, you’re going to be very happy, because when I get to office, we are going to not charge taxes on tips. You do a great job of service. You take care of people, and I think it’s going to be something that really is deserved.”According to the...
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