Tag Archives: Featured

The Ukrainian funds available to the Swiss Agency for Development and Cooperation (SDC) for 2022 will not affect projects elsewhere, an official said on Thursday. Before the Russian invasion in February, the SDC had earmarked CHF25 million ($26 million) for development and cooperation projects in Ukraine; parliament has since boosted this by CHF61 million, SDC director Patricia Danzi said on Thursday. On top of this, various other ministries have sent development...

CEO of Monetary Metals Keith Weiner sat down with Michael Green of RealVision to discuss how Monetary Metals increases gold’s value proposition by paying interest on gold and silver holdings and the inevitable debasement of fiat currencies. Keith and Mike discuss the inherent volatility of Bitcoin, Costco’s ability to maintain its price point, and the colossal meltdown of the Terra stablecoin. In addition to exploring all things gold, Keith and Mike get into the...

02.06.2022 – In the first quarter of 2022, the number of employed persons in Switzerland increased by 1.7% compared with the same quarter of 2021 and the number of actual hours worked per week, per employed person, rose by 2.8%. During the same period, the unemployment rate as defined by the International Labour Organisation (ILO) fell from 5.8% to 4.6% in Switzerland and from 7.8% to 6.5% in the EU. These are some of the results of the Swiss Labour Force Survey...

1. The German Rejection of Classical Economics The hostility that the teachings of Classical economic theory encountered on the European continent was primarily caused by political prepossessions. Political economy as developed by several generations of English thinkers, brilliantly expounded by Hume and Adam Smith and perfected by Ricardo, was the most exquisite outcome of the philosophy of the Enlightenment. It was the gist of the liberal doctrine that aimed at the...

Late in March 2021, then-German Chancellor Angela Merkel announced a reverse. Several weeks before that time, Merkel’s federal government had reached an agreement with the various states to begin opening the country back up, easing more modest restrictions to move daily life closer to normal. But with case counts sharply rising once more, the whole thing was going to get shutdown instead. The government declared a holiday starting April 1 (no fooling) last year,...

Wenn es keine größeren politischen oder ökonomischen Meldungen gibt, finden wir vor allem im Mining-Markt Indikatoren für den BTC-Kurs. Doch in dieser Woche stabilisierte sich der Bitcoin-Preis trotz sinkender Hashrate. Bitcoin News: Sinkende Hashrate beeinflusst BTC-Preis kaumIn der letzten Maiwoche kam es bei der Hashrate zu einem unerwarteten Einbruch – bis dahin war diese im gesamten Jahr 2022 angestiegen. Wenn wir uns die Langzeitdaten ansehen, dann stieg die...

Overview: Asia Pacific equities were mostly lower.  China and India bucked the trend.  Europe’s Stoxx 600 is steady with no follow through selling after yesterday reversal. US index futures are posting modest gains and are trying to snap a two-day drop.  The US 10-year yield is firm at 2.91%, while European benchmark rates are 2-3 bp higher.  Asia Pacific bonds were dragged lower by the sell-off in the US yesterday.  The dollar is broadly lower.  The Swedish krona...

The Swiss authorities have vetoed Denmark’s request to send Swiss-made armoured personnel carriers to Ukraine. The State Secretariat for Economic Affairs (SECO) recently rejected Denmark’s bid to provide about  20 Piranha III infantry fighting vehicles to Ukraine, Swiss public television, SRF, said on Wednesday. SECO said the ban was in line with Switzerland’s policy of neutrality of not supplying arms to conflict zones, according to SRF. Neutral Switzerland...

Just the other day, President Biden took to the pages of the Wall Street Journal to reassure Americans the government is doing something about the greatest economic challenge they face. Biden says this is inflation when that’s neither the actual affliction nor our greatest threat. On the contrary, recession probabilities have sharply risen as the real economy slows down given the emerging downside to last year’s supply shock. One thing we might agree on, the...

02.06.2022 – The consumer price index (CPI) increased by 0.7% in May 2022 compared with the previous month, reaching 104.0 points (December 2020 = 100). Inflation was +2.9% compared with the same month of the previous year. These are the results of the Federal Statistical Office (FSO).The 0.7% increase compared with the previous month is due to several factors including rising prices for housing rentals. Heating oil also recorded a price increase, as did many food...