Tag Archives: Featured

In 2021, the main destinations for illicit waste from Switzerland were Western Europe (likely because of Schengen rules that abolished border controls, said criminologist Serena Favarin), Eastern Europe and Africa. About a third of illicit shipments are returned to Switzerland, according to the federal environment office. Keystone...

[Editor’s Note: In 2011, Congressman Ron Paul sponsored legislation to audit the gold reserves of the United States and publish the results of that audit for public scrutiny. Thanks to opposition from the usual opponents of transparency and decent monetary policy in both parties, the bill was never passed. Below is the text of Congressman Paul’s opening statement on the legislation at the House Subcommittee on Domestic Monetary Policy and Technology. Paul was...

High inflation spurred Donald Trump’s defeat of Kamala Harris last November. The economy was the top issue for most voters, and inflation was the top economic issue. As Biden’s partner in economic crime, Harris could not escape the blame for the torpedoing of the dollar’s value in recent years.Inflation occurs when the government prints excessive currency, resulting in more money chasing the same amount of goods and services. Nobel Laureate economist Friedrich...

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order....

The Australian Dollar appreciates despite escalating trade tensions. The PBOC injected CNY300 billion through the one-year Medium-term Lending Facility (MLF), keeping the rate steady at 2%. President Trump said tariffs on Canada and Mexico ‘will go forward’. The Australian Dollar (AUD) recovers its daily losses as the US Dollar (USD) weakens amid declining US Treasury yields on Tuesday. Investors eagerly anticipate Australia’s monthly inflation...

USD/CHF struggles as the US Dollar loses ground following disappointing US economic data. Traders anticipate the Fed will keep its current stance for an extended period due to ongoing uncertainty. The Swiss Franc strengthened as the yield on the 10-year Swiss government bond rose. USD/CHF remains under pressure for the fourth consecutive session, hovering around 0.8970 during Asian trading hours on Tuesday. The pair’s decline is driven by a...

On the night of the Boston Tea Party in 1773, American insurrectionists donned disguises and destroyed a shipment of tea imported by the East India Company. The protestors boarded privately owned ships in the harbor and threw the tea overboard. Later that night, the activists discovered another tea shipment that had been unloaded at a warehouse. Not content with having destroyed most of the company’s import, they broke into the warehouse and destroyed that tea, too....

Éric Lombard, France’s Minister of Economy and Finance, makes a negative impression almost every day with his statements on the economy and the role of the state in society. These positions are a perfect reflection of the gulf between the French political class, defenders of socialist statism, and a world that is following a completely opposite path: one of freedom, economic liberalization, eager to reduce the weight of the state in the life of individuals... In...

The day after the German elections, the flagship Swiss index quickly slipped into the red before recovering to break through the 13,000-point barrier for the first time. Keystone-SDA Listen to the article Listening the article...

On February 10, President Trump announced a 25 percent tariff on all steel and aluminum imports. Legally, Trump is within his rights to do so, as Congress gave the President the power to set tariffs. However, the Constitution of the United States places the power to impose tariffs in the hands of the Legislative Branch. The President’s capricious application of tariffs demonstrates why Congress needs to guard this authority more jealously.Yet, tariffs are not cure...