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SNB & CHF

War is the health of the State

Part I of II by Claudio Grass For any reasonably well read adult, any amateur student of history or any responsible citizen for that matter, the idea that ”war is the health of the State” should be adjacent to a truism. After all, literally nobody benefits from violence and bloodshed apart from those at the heart of any State that is directly or indirectly involved and their cronies. In fact, the more horrific the violence and the more protracted the...

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The ‘unimaginable suffering’ of not knowing what happened to your loved ones in Mexico

Every year, thousands of people in Mexico disappear at the hands of organised criminal groups or government forces, leaving their families searching for answers. Tomorrow we will look at how forensic experts in Switzerland are trying to lend a hand to solve some of these cases. Click here to get notified when the full video goes live 👉 https://youtu.be/GkzlIPiF5qk --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on...

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The United States Needs Its Own Javier Milei

On Sunday, the populist Austrolibertarian Javier Milei was elected president of Argentina. In the United States, the reaction ranged from concerned curiosity on the part of the political establishment to enthusiastic celebration across the populist Right—including, notably, some economic nationalists. Several renowned libertarians also brought attention to some of Milei’s many flaws, such as his views on geopolitics. Milei’s libertarian skeptics make many good...

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Corrective Forces Help the Dollar Stabilize

Overview: Corrective forces helped the dollar stabilize yesterday and it enjoys a firmer today. The euro has slipped below $1.09, and the dollar has resurfaced above JPY149.00. The FOMC minutes seem dated by the more than 30 bp decline in the US 10-year yield, the 7% rally in the S&P 500 and roughly 3% drop in the Dollar Index. The implied year-end 2024 Fed funds rate has fallen by 10 bp to 4.51% (5.33% currently). The Japanese government downgraded its economic...

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Easy Money Undermines Social Mobility

Central banks around the world target a stable price inflation rate of 2 percent annually over the medium term. This is widely considered to be monetary policy’s most important contribution to the smooth functioning of a dynamic economy. This view is wrong on multiple grounds, but there is one problem with it that is commonly ignored. Inflation, even if it remains relatively moderate, can contribute to rising inequality and undermine social mobility. It therefore...

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Can Econometric Models Provide a Laboratory Setting for Economic Analysis?

Econometric model building attempts to produce a laboratory with controlled variables. By means of mathematical and statistical methods, an economist establishes functional relationships between various economic variables. For example, personal consumer outlays are related to personal disposable income and interest rates, while fixed capital investments are explained by the past stock of capital, interest rates, and economic activity. A group of such estimated...

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Searching for missing relatives: how Switzerland is helping Mexico | #switzerland #mexico #forensics

In Mexico, many relatives of people who have been forcibly disappeared are actively searching for their missing loved ones, as authorities struggle to cope with the sheer scale of disappearances in the country. This Thursday, we will look at how forensic experts in Switzerland are trying to lend these authorities a hand. Click here to get notified when the full video goes live 👉 https://youtu.be/GkzlIPiF5qk --- swissinfo.ch is the international branch of the Swiss Broadcasting...

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Switzerland offers training in forensics to Mexican officials 🔍 | #switzerland #mexico #forensics

The University of Lausanne’s School of Criminal Sciences and the University Centre of Legal Medicine Lausanne-Geneva set up courses in forensic science for Mexican officials involved in search and investigation of the disappeared. We spoke to Christophe Champod, director of the Lausanne school. “What we are trying to do is give them a methodology that they can apply in their own situation.” Click here to get notified when the full video goes live 👉...

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