SNB & CHF

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Swiss Franc The Euro has risen by 0.17% to 1.1068 EUR/CHF and USD/CHF, March 18(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Asia Pacific equities mostly advanced after the US benchmarks recovered following the dovish FOMC. Australia, New Zealand, and India did not participate in today’s gains. European bourses edged higher, but US shares are struggling, and the NASDAQ futures are off nearly 1%, threatening...

When you want to save money on something, buying it second-hand may be a great way to pay less! Over the years, I have bought many things second-hand, and I could save a lot of money by doing so. But the question remains as to where to find second-hand items to buy. In this article, I will go over the best places to buy second-hand items in Switzerland. Some places are online, while other places are brick-and-mortar shops. Emmaüs Shops My favorite place to buy...

Japan’s central bank is keeping down the cost of national debt – but is their a hidden price? Keystone / Katsumi Kasahara The cost of paying off spiralling national debt in the United States and Switzerland is rising as interest rates increase. This makes the financing of pandemic expenditure more expensive. That’s not a problem in Japan where the central bank is holding interest rates in check. Would the Japanese recipe also be something for Switzerland? The US...

Pulling troops out of South Korea is an important step in changing the conversation on American foreign policy, which is swamped in platitudes of promoting missionary enterprises abroad and finding new bogeymen to confront. Original Article: “It’s Time for the US to Withdraw from Korea” America’s military footprint abroad is unmatched in human history. With more than eight hundred military bases in over seventy countries across the globe, the US is in an ideal...

Wind and solar power can work well when placed in an ideal location. Much of the time, however, these projects require a lot of fossil fuel to produce, but then never deliver the promised “zero-carbon” energy. Original Article: “Why a Green New Deal Is More Expensive Than Joe Biden Realizes” One of President Biden’s first executive actions was to declare January 27 “Climate Day.” This ad hoc holiday provided an opportunity for his administration to celebrate the...

Bitcoin Suisse has spent heavily on advertising, as on this city tram, but has failed to convince the regulator of its credentials to become a bank. / Karin Hofer Cryptocurrency firm Bitcoin Suisse has withdrawn its application for a banking license, in part because it failed to meet the anti-money laundering requirements of the Swiss financial regulator. “The application process has shown the need for further reviews of the anti-money laundering framework and...

UN economist Ian Richards argues that Swiss voters’ fears of a proposal for an e-ID may be swept away as more countries see the benefits of digitising documents, including vaccine passports. A week ago the Swiss public voted overwhelmingly to reject a digital identity scheme that would have given each Swiss citizen and resident an official login and password to open bank accounts, vote, or buy train tickets and ski passes online. The login would be certified,...

The “geoforensic passport” was developed jointly with the University of Lausanne and co-financed by the Swiss government’s innovation agency. Keystone/Sandro Campardo Metalor, one of the world’s biggest gold refiners, has developed a way to quickly confirm where gold had been mined, potentially stopping illegal gold from entering supply chains. The Swiss-based company announced that it has devised the method with the University of Lausanne in a 26-month-long research...

Bitpanda, an Austrian digital investment platform dealing with cryptocurrency, announced that it has closed it Series B funding round with an investment of $170 million and attained unicorn status with a valuation of $1.2 billion. The funding round was led by Valar Ventures with participation from partners of DST Global. Bitpanda had also previously secured $52 million during its Series A from Valar Ventures. The Series B was signed last week and is currently in the...