Tag Archives: newsletter

France’s last-ditch bid to persaude Switzerland to buy its Rafale fighter jet looks to have failed. Copyright 2018 The Associated Press. All Rights Reserved. France offered Switzerland a financial sweetener, worth an estimated CHF3.5 billion, to buy its Rafale fighter jets rather than US F-35A aircraft, according to a secret document seen by Swiss public broadcaster SRF. The document sheds light on background negotiations as Switzerland seeks to replace its ageing...

The Swiss press has praised Foreign Minister Cassis for organising the Ukraine Recovery Conference in Lugano earlier this week. © Keystone/Alessandro Della Valle Newspaper editors in Switzerland offered praise mixed with criticism on the two-day international conference in Lugano to support war-torn Ukraine with its reconstruction efforts. The Wednesday edition of the Tages-Anzeiger and other TA Media group papers said the meeting, which ended on Tuesday, was a step...

Das sogenannte „Fact Sheet“ zeigt den Rahmen, den das US-Finanzministerium gerne für eine internationale Regulierung des Cryptomarktes umsetzen will. Zahlreiche andere Nationen sind offenbar bereits mit an Bord und waren an den Plänen beteiligt. Crypto News: US-Finanzministerium veröffentlicht Details zur geplanten globalen Crypto-RegulierungSelbstverständlich wird das Fact Sheet als „Schutz für Nutzer, Investoren und Konsumenten“ vermarktet, um die Akzeptanz der...

1. Human Reason Reason is man’s particular and characteristic feature. There is no need for praxeology to raise the question whether reason is a suitable tool for the cognition of ultimate and absolute truth. It deals with reason only as far as it enables man to act. All those objects which are the substratum of human sensation, perception, and observation also pass before the senses of animals. But man alone has the faculty of transforming sensuous stimuli into...

Around 10% of Swiss homes are equipped with air-conditioning systems. Istvan Balogh / Alamy Stock Photo More intense and frequent heatwaves have caused demand for air conditioning to skyrocket, even in temperate countries like Switzerland. But there is a catch: the cooler the buildings, the warmer the planet. This summer will be hotter than usual. That’s according to a forecast made by the Federal Office of Meteorology and Climatology (MeteoSwiss) at the end of May,...

Am 27. Juni 2022 publizierte der Nachrichtendienst des Bundes (NDB) seinen Bericht “Sicherheit Schweiz 2022” (PDF). Seit ein paar Jahren wird darin ein “Lageradar” aufgeführt, der “für die Schweiz relevanten Bedrohungen” aufzeigt. Je weiter ins Zentrum ein Strahl reicht, desto relevanter ist die Bedrohung für die Schweiz durch dieses Thema. Für das Jahr 2022 hat der NDB drei “Brennpunkte” ausgemacht : Konventioneller Krieg in Europa Russland Migrationsrisiken...

The pool of Swiss IT specialists is almost dry © Keystone / Christian Beutler The Swiss economy has recovered well from the Covid-19 crisis, but despite the free movement of people agreement with the EU, some sectors are struggling to recruit qualified staff, says a government report. The unemployment rate in spring 2022 returned to its pre-pandemic level for both Swiss and foreign employees, according to the 18th report of the Observatory on the Free Movement of...

Swiss Franc The Euro has risen by 0.14% to 0.9906 CHF. EUR/CHF and USD/CHF, July 8(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge Overview: News that former Prime Minister Abe was assassinated while campaigning in Japan ahead of the weekend election shocked the nation and world. The immediate market impact looks minimal. Asia Pacific equities mostly advanced. Chinese stocks were the main exception and generally underperformed the...

Something has happened which has not occurred since 2009. The silver basis—our measure of abundance of the metal to the market—has gone way under the gold basis. This means silver is less abundant to the market than gold. Here is the picture. The blue line is the ratio of the gold basis to the silver basis (and red is the ratio of the gold cobasis—scarcity—to the silver cobasis). This condition has not occurred in recent years, because the trend has been a rising...

It’s easy to see why, according to a new Harris poll, 71 percent of Americans said they do not want Joe Biden to run for re-election. As Americans face record gas prices and the highest inflation in 40 years, President Biden admits he could not care less. His Administration is committed to fight a proxy war with Russia through Ukraine and Americans just need to suck it up. Last week a New York Times reporter asked Biden how long he expects Americans to pay record...