Tag Archives: Featured

Goods are being delayed in container ports in many parts of the world. Keystone / Neil Hall Four out of five firms surveyed by the Swiss Business Federation (economiesuisse) have complained of problems in getting hold of raw materials and essential parts for their goods. The cost of the worsening supply chain conditions is starting to be passed on to consumers. Some companies are looking into putting staff on shortened hours with economiesuisse warning that the...

Wird die deutsche Redewendung „das Gelbe vom Ei“ verwendet, soll damit das Beste, das Vorteilhafteste, das Nonplusultra beschrieben werden. Besser geht es nicht! Ist es vor diesem Hintergrund angemessen, gerade die Freiheit als das Gelbe vom Ei zu bezeichnen? Wäre es nicht passender, zum Beispiel die Marktwirtschaft oder persönliches Wohlergehen so zu benennen? Kämen nicht auch gute Politik oder Gleichheit als Kandidaten in Frage? Ist es nicht Willkür oder einfach...

Mit Reddit bereitet sich das nächste Social Media Network auf einen Einstieg in den NFT Markt vor. Die Plattform sucht aktuell nach Crypto-Spezialisten, die sich mit NFTs auskennen und eine zentrale Rolle bei der Umsetzung auf einer Reddit-NFT-Plattform spielen sollen. Crypto News: Auch Reddit will in NFT Markt einsteigen In einer offiziellen Job-Ausschreibung (Senior Backend Engineer NFT) von Reddit heißt es: For Reddit, it will always be about community. (…) If...

The S&P 500 and Dow Jones Industrial stock averages made new all time highs last week as bonds sold off, the 10 year Treasury note yield briefly breaking above 1.7% before a pretty good sized rally Friday brought the yield back to 1.65%. And thus we’re right back where we were at the end of March when the 10 year yield hit its high for the year. Or are we? Well, yes, the 10 year is back where it was but that doesn’t mean everything else is and, as you’ve probably...

Rising yields and record highs in the S&P 500 and NASDAQ failed to lift the dollar.  Indeed, the greenback fell against all the major currencies, even the Japanese yen, against which it had reached new four-year highs (~JPY114.70) before pulling back.  On the other hand, the Antipodean currencies and the Norwegian krone continued to lead the move against the US dollar. The Aussie rose to new three-month highs, while the Kiwi, Nokkie, and Canadian dollar saw...

Zuletzt bewegte sich der Bitcoin-Preis in ähnlichen Sphären im April dieses Jahrs. Damals schaffte er es bis zum Allzeithoch von ungefähr 63.500 US-Dollar, ehe es für die folgenden vier Monate immer wieder auf und ab ging. Doch nun wurde die Bestmarke aus dem April übertroffen – und es könnte noch weiter nach oben gehen. Bitcoin News: Bitcoin erreicht neues Allzeithoch 65.992 US-Dollar pro BTC ist die neue offizielle Bestmarke. Auf vereinzelten Börsen ging es...

The Swiss bank has been fined over CHF400 million for its role in a corruption scandal in Mozambique. Keystone / Ennio Leanza A Mozambique public finance watchdog is demanding an estimated $2 billion (CHF1.8 billion) in full debt relief from Credit Suisse, that is ten times more than what Swiss banking giant is willing to write off. “Credit Suisse’s admission of responsibility, failure to comply with the law (…) and involvement of employees in bribery underscores the...

The world we come from had lots of death. Every society we know of before the mid-1800s or so saw more than one in four children die during their first year of life. Of those who made it through this first difficult year—through disease, malnutrition, famines, or natural disasters—another quarter or so died before they reached fifteen. Into the 1900s, you had to get into your sixties before your per year risk of death again was as high as it was in your first year of...

You don’t have to take my word for it. QE doesn’t work and it never has. That’s not just my assessment, pull out any chart of interest rates for wherever gets the misfortune of having been wasted with one of these LSAP’s. If none handy, then just read what officials and central bankers write about their own programs (or those of their close and affectionate counterparts). After nearly a decade of Abenomics in Japan, the latest Japanese Prime Minister Fumio Kishida...

© minnystock | Dreamstime.com Switzerland is the highest rated country in the latest HSBC expat ranking published this week, a position held for the last three years. 91% of the expats surveyed living in Switzerland said their living environment was better than it was before moving. The average on this measure across all expats questioned was 67%. After moving, 86% said they felt safer, another of Switzerland’s strong points among expats. In addition, nearly 9 out of...