SNB & CHF

A growing number of firms are going bust Keystone-SDA Listen to the article Listening the article Toggle language selector...

Quarantine, lockdowns, social distancing—words I’m sure everyone reading never wants to hear again. Even several years removed, the pain inflicted by Covid-19 and subsequent policy reactions is still fresh in our collective consciousness. I wouldn’t blame anyone for wanting to forget the whole thing, and you wouldn’t be the only one. The authoritarians who violated your freedoms in the name of Covid safety would love for those years—and their mistakes—to be...

According to some “experts,” there is an urgent need to remove cash from the economy. It is held that cash provides support to the “shadow economy” and permits tax evasion. Another justification for its removal is that, in times of economic shocks, which push the economy into a recession, the run for cash exacerbates the downturn—it becomes a factor contributing to economic instability. Moreover, it is argued that, in the modern world, most transactions can be...

A banknote's life is not eternal: tears, stains and other imperfection make it unfit for circulation after some time, but how damaged has a banknote to be in order to be taken out of circulation? Who decides whether a banknote can still be used for payment? In Switzerland, a banknote's life is a perfect circle because it ends where it started: at the Swiss national bank. We've met with Peter Eltschinger, Advisor in the Cash division, to understand what happens at the end of a banknote's...

Send us a text (https://www.buzzsprout.com/twilio/text_messages/915097/open_sms) Conflict-related sexual violence has existed for as long as war itself – forever. “It is a weapon of war. I would say it’s a weapon of mass destruction. It is really maximising harm,” says Esther Dingemans, Executive Director of the Global Survivors Fund. In Inside Geneva’s final summer profile, we talk to a woman working to support survivors of sexual violence…from...

Last month, in a move to curb another example of government overreach, Representatives Adrian Smith and Chuck Edwards introduced the IRS Overreach Prevention Act. This act aims to prohibit the Internal Revenue Service from continuing its “Direct File” pilot program. The program, which essentially allows the IRS to bypass the normal audit process and file tax liens directly with the courts, is nothing more than a clear violation of taxpayers’ due process rights...

The pharma sector saw growth in Switzerland Keystone-SDA Listen to the article Listening the article Toggle language selector...

Protest against GM food in Switzerland Keystone-SDA Listen to the article Listening the article Toggle language selector...

Overview: The dollar is bid as the upside correction that began last week continues today. The greenback is trading above last week's highs against most of the G10 currencies. The yen is the notable exception. Comments by BOJ Governor Ueda has reiterated his intention to raise rates further provided the economy continues to perform as the central bank expects. The dollar has unwound yesterday's gains against the yen and is lower than last week's close (~JPY146.15)....

Sanctions against Russia have led to a rerouting of global gold trade flows. Afp Or Licensors Listen to the article Listening the article Toggle language selector...