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SNB & CHF

Fragile Turn Around Tuesday

Overview: Calmer markets are prevailing today, but an unease remains, and market moves continue to be sharp even if less dramatic. Still, it is in these somewhat less volatile conditions that the US dollar is doing better. It is firmer against all the G10 currencies today. The yen and sterling are the weakest, nursing 0.4%-0.5% losses, while the Norwegian krone and the Canadian dollar are faring the best, off 0.05%-0.15%. Emerging market currencies are also mostly...

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Summer profiles: using sport to unite refugees and host communities

Send us a Text Message. (https://www.buzzsprout.com/twilio/text_messages/915097/open_sms) In the fourth episode of our summer profile series on Inside Geneva, we talk to a Geneva career woman and a Geneva asylum-seeker about a project to unite communities through sport. Surely the world’s humanitarian capital is good at welcoming refugees and immigrants? “We have all these international organisations working on various global challenges. But when you talk to people from...

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Yen Carry Trade Blows Up Sparking Global Sell-Off

On Monday morning, investors woke up to plunging stock markets as the “Yen Carry Trade” blew up. While media headlines suggested the sell-off was due to fears of a recession, slowing employment growth, or fears over Israel and Iran, such is not the case. As previously noted, headline events like the economy, employment, or geopolitical conflict are quickly evaluated and hedged by market participants. However, as we saw on Monday, what sparks a global sell-off is...

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The rule of law and property rights

Respect for the rule of law cannot simply mean a moral obligation to obey legislation. History is replete with too many examples of tyrannical legislation for that notion to pass muster. But if the rule of law does not mean obeying whatever legislators enact, what does it mean?Murray Rothbard argued that this question must be answered by reference to ethical guidelines, which he constructed around the concepts of self-ownership and property rights. Rothbard...

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Switzerland’s direct democracy: how and when do the Swiss vote? | #switzerland #democracy

Together with neutrality and federalism, direct democracy is a part of the Swiss national identity and helps unite the various languages, religions and cultures in the country. Watch the video on our main channel to find out more about this unique political system. --- 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...

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Discrimination against Jewish guests, Switzerland’s first Olympic gold, August 1 celebrations in NY

Here are three news stories from Switzerland this week. What are your thoughts? Let us know in the comments! --- 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.

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Happy Swiss national day | How does Switzerland’s direct #democracy work?

To celebrate Swiss National Day, we look at one of Switzerland's most distinctive features: its direct democracy. Watch the video on our main channel to find out more. Are you celebrating Swiss National Day? How? Let us know in the comments. --- 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...

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Switzerland’s military presence in Korea | Part 2 #switzerland #northkorea #korea

Based on the border between North and South Korea for over seven decades, a small unarmed Swiss military contingent might seem to be a historical afterthought, but the mission still has an important role to play. --- 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...

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