© Vsg Art Stock Photography And Paintings | Dreamstime.com In 2019, Swiss salaries were on average of 0.9% higher than the year before. A nominal rise of +0.9% combined with low inflation of 0.4% delivered a real boost of 0.5% to someone earning an average salary in Switzerland. This is the first time in two years that the average Swiss salary has grown faster than inflation. In 2017 and 2018 the real average salary fell -0.1% and -0.4% in real terms. Overall, in...
Read More »Novartis pays big fine for bribing doctors in the US
The Novartis offices in Basel, Switzerland. Keystone / Georgios Kefalas Swiss pharma company Novartis will pay $729 million (CHF688 million) to US authorities in an out-of-court settlement over various charges, including that the company bribed doctors to use its drugs. Audrey Strauss, the acting Manhattan US Attorney, said the firm had paid out for “speaking fees, exorbitant meals, and top-shelf alcohol that were nothing more than bribes to get doctors across the...
Read More »Dancing Through the Geopolitical Minefield
The elites dancing through the minefield all have plans, but how many are prepared for the punch in the mouth? Open any newspaper from the past 100 years and you will soon find a newsworthy geopolitical hotspot or conflict. Geopolitical conflict is the default setting for humanity, it seems, but it does feel as if the minefield of geopolitical rivalries and flashpoints has been thickly sown and many of the players are dancing through the minefield with a worrisomely...
Read More »The Disastrous Legacy of Woodrow Wilson
Princeton University has made it official: Woodrow Wilson’s name no longer will have any place on campus. The former president, or at least his memory, now is part of cancel culture, which is sweeping the nation. The Woodrow Wilson School of Public and International Affairs will replace the former president’s name with “Princeton,” and Wilson College now will be called First College. This hardly is surprising but in many ways discouraging, but not for reasons that...
Read More »High Noon Stock – The Only Daily Newsletter Featuring Financial Author Bill Bonner
High Noon Stock https://cli.re/bonnerandpartners #Bonner #partners Present stop: the Minnesota woods It's a zombie economy. Under zombie policies, phony cash is being handed out to dead people and zombie companies. Casey Research geologist Dave Forest traveled extensively prior to COVID-19, working to discover the most promising investment opportunities in the products sector. As Bill's associate and fellow world-traveler, he has lots of special experiences to share. 19 overall problems...
Read More »Porter Stansberry – The Only Daily Newsletter Featuring Financial Author Bill Bonner
Porter Stansberry https://cli.re/bonnerandpartners #Bonner #partners Present stop: the Minnesota woods It's a zombie economy. Under zombie policies, fake cash is being distributed to dead individuals and zombie business. Casey Research study geologist Dave Forest took a trip extensively prior to COVID-19, working to find the most promising financial investment opportunities in the commodities sector. As Expense's colleague and fellow world-traveler, he has numerous special experiences to...
Read More »High Noon Stock – The Only Daily Newsletter Featuring Financial Author Bill Bonner
High Noon Stock https://cli.re/bonnerandpartners #Bonner #partners Present stop: the Minnesota woods It's a zombie economy. Under zombie policies, phony cash is being handed out to dead people and zombie companies. Casey Research geologist Dave Forest traveled extensively prior to COVID-19, working to discover the most promising investment opportunities in the products sector. As Bill's associate and fellow world-traveler, he has lots of special experiences to share. 19 overall problems...
Read More »Porter Stansberry – The Only Daily Newsletter Featuring Financial Author Bill Bonner
Porter Stansberry https://cli.re/bonnerandpartners #Bonner #partners Present stop: the Minnesota woods It's a zombie economy. Under zombie policies, fake cash is being distributed to dead individuals and zombie business. Casey Research study geologist Dave Forest took a trip extensively prior to COVID-19, working to find the most promising financial investment opportunities in the commodities sector. As Expense's colleague and fellow world-traveler, he has numerous special experiences to...
Read More »Fewer cows, more cars: Switzerland misses its emission targets
There are now around 4.6 million cars in Switzerland, almost 50% more than in 1990. © Keystone / Michael Buholzer Switzerland’s emissions have declined over the last 30 years, but not enough to meet the national targets set for 2020. What’s behind the gap? By 2020, greenhouse gas emissions in Switzerland should be down by 20% from what they were in 1990. That’s the target outlined in the federal CO2 law. While figures are only available until 2018, the federal...
Read More »Willkommen in einer Zukunft ohne Zins
Die SNB, die EZB und andere Zentralbanken erwarten auch langfristig keine Zinswende – und machen Nullzinsen zur Regel. Eine Übersicht der Prognosen. Hält sich die Option offen, die Leitzinsen noch tiefer ins Minus zu senken: Die EZB in Frankfurt. Foto: Keystone Diese Woche ist die Welt einer Zukunft ohne positive Zinssätze ein Stückchen näher gerückt. Schwedens Notenbank erneuerte ihren Zinspfad. Erstmals geht sie davon aus, dass sie den Leitzins mindestens bis...
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