Das Eidgenössische Departement für Wirtschaft, Bildung und Forschung WBF hat eine Änderung des Anhangs 7 der Verordnung vom 8. Juni 2012 über Massnahmen gegenüber Syrien (SR 946.231.172.7) publiziert. Am 10. Juni 2021 hat das Eidgenössische Departement für Wirtschaft, Bildung und Forschung WBF die Liste der in diesem Kontext sanktionierten Personen, Unternehmen und Organisationen geändert. Die Änderung ist in der Schweiz direkt anwendbar. Das WBF hat daher die für...
Read More »AntChain Inks Deal With UEFA EURO to Be Its Official Global Blockchain Partner
UEFA and AntChain, the blockchain business of Ant Group, announced a five-year global partnership around blockchain technologies and to jointly explore how blockchain technology can be used to further the digital transformation of football industry and improve the experiences of fans around the world. In doing so, AntChain also becomes the official global blockchain partner of UEFA EURO 2020 and UEFA EURO 2024 The partnership also revealed the tournament’s Top...
Read More »Coronavirus-Bürgertests: Diese Unterlagen sollen testende Apotheken aufbewahren
Apotheken, die Coronavirus-Schnelltests durchführen, müssen einige Unterlagen und Nachweise bis zum 31. Dezember 2024 aufbewahren. / Foto: Fotolia/Robert Kneschke Für die Durchführung von Coronavirus-Schnelltests müssen Apotheken einiges beachten. Bereits heute gilt, dass die Unterlagen zur Abrechnung der Vergütung bis zum 31. Dezember 2024 aufbewahrt werden müssen. Allerdings hieß es bisher in der Coronavirus-Testverordnung nur, dass dafür der »Nachweis der...
Read More »FX Daily, June 10: ECB Meeting and US CPI: Transitory Impact
Swiss Franc The Euro has fallen by 0.06% to 1.09 EUR/CHF and USD/CHF, June 10(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The ECB meeting and the US May CPI report is at hand. The US dollar is consolidating at a higher level against most of the major currencies. Softer than expected, inflation readings are weighing on the Scandis, which are bearing the brunt. The US 10-year yield closed below 1.50% for...
Read More »Child Labour rises for first time in two decades
Swiss chocolate makers have struggled to eradicate child labour in the hazelnut supply chain originating in the Black Sea region of Turkey. Dominique Soguel The world has witnessed the first rise in child labour in 20 years and the coronavirus crisis threatens to push millions more minors into the same fate, the United Nations said on Thursday. Swiss multinationals from food giant Nestlé to mining titans Glencore and Trafigura have struggled to eradicate child labour...
Read More »Swiss Unemployment Continues to Fall in May
By the end of May 2021, the percentage of Switzerland’s workforce registered as out of work had fallen to 3.1%, down from 3.3% in April 2021. © Rafael Ben Ari | Dreamstime.com The figures are based on those registered as unemployed at regional employment centres and exclude many of those that have been out of for more than two years and have exhausted their rights to collect unemployment benefits. Many measures of unemployment, such as the one recommended by the...
Read More »The Inflation Emotion(s)
Inflation is more than just any old touchy subject in an age overflowing with crude, visceral debates up and down the spectrum reaching into every corner of life. It is about life itself, and not just quality. When the prices of the goods (or services) you absolutely depend upon go up, your entire world becomes that much more difficult. For those at the “bottom”, that much more unbearable (hello Communism!) The real issue in that situation isn’t that narrow slice of...
Read More »Why Monetary “Stimulus” Won’t Prevent an Economic Bust
The increase in the growth rate of the Consumer Price Index (CPI) has fueled concerns that if the rising trend were to continue the Fed is likely to tighten its interest rate stance. Observe that the yearly growth rate in the CPI climbed to 4.2 percent in April from 2.6 percent in March and 0.3 percent in April 2020. We hold that because of massive increases in the money supply, it is likely that the growth momentum of prices is going to follow a rising trend....
Read More »Making Sense Eurodollar University Episode 78 Part 2
There may be no better view into the incomprehensibly complex global monetary order than the Treasury International Capital report. We review the March TIC report and find a number of positive, good reflationary signals. We also find a number of bad, anti-reflationary warnings. Jeff Snider, Head of Global Investment Research for Alhambra Investments and Emil Kalinowski. Topics & Time Codes 00:52 Foreigners are selling Treasuries, is it because they don't want to fund a bankrupt USA?...
Read More »FX Daily, June 09: Without Yield Support, the Dollar Wilts
Swiss Franc The Euro has fallen by 0.08% to 1.0904 EUR/CHF and USD/CHF, June 09(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Falling US yields weigh on the US dollar. The 10-year Treasury yield is flirting with the 1.50% mark, and the greenback is trading heavily against all the major and most emerging market currencies. European and the Asia Pacific benchmark yields are lower as well. The JP Morgan...
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