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A nurse administers the Pfizer-BioNTech Covid-19 vaccine on the opening day of the new vaccination centre at the Lausanne University Hospital (CHUV) on January 11, 2021. Keystone / Laurent Gillieron The Swiss Covid-19 vaccination campaign is up and running with two approved vaccines available to accelerate the fight against the virus, and others set to follow. How do the vaccine technologies work and compare, and can people choose which one they get? So far, there...

This GIS 2021 Outlook series focuses on the opportunities that stem from the upheaval of the past year. Coronavirus vaccine distribution has begun, most probably marking the beginning of the end of the global health crisis. A receding pandemic will leave behind intertwined economic and fiscal challenges for countries around the world. Those that address rising debts with expenditure-based reforms in 2021 and eschew higher taxes can expect to benefit from faster and...

M&A activity for the year as a whole was most intense in the TMT (technology, media and telecommunications) sector Keystone / Obs/caritas Schweiz / Caritas Su - Click to enlarge The coronavirus pandemic left its mark on mergers and acquisitions (M&A) in Switzerland last year. The volume of transactions halved, and the number of deals was also down. Overall, the number of transactions with Swiss participation fell from 402 to 363. At $63.1 billion (CHF56...

The Massive $1.9 Trillion American Rescue Plan is Just the Start Massive $1.9 Tr. American rescue plan to affect markets Yellen takes over at US Treasury, what to expect More spending initiatives to come How all this is positive for gold and silver prices The Biden Administration’s policies are positive for gold and silver prices. The $1.9 trillion – American Rescue Plan released on January 14 is just the beginning of spending initiatives. The plan is chocked full...

“Trauma-informed justice” has percolated in academia and activism for decades. It is now knocking on the door of local police departments to demand changes that could upend the basics of how people relate to law enforcement. The approach converts the police into social workers or therapists and erases the due process upon which traditional Western justice hinges. It also increases the odds of wrongful convictions. Trauma-informed justice—sometimes called...

Swiss Franc The Euro has risen by 0.07% to 1.0773 EUR/CHF, January 22(see more posts on EUR/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Fear that social restrictions may have to be broadened and extended is helping spur a wave of profit-taking and de-risking, which has also been encouraged by disappointingly high-frequency data. The equity rally seemed to falter a bit in the US, as the S&P 500 eked out a minor 0.03% gain yesterday. In...

Joe Biden became the 46th President of the US; three Democratic Senators were also sworn in; weekly jobless claims data will be the highlight of an otherwise quiet week; Fed manufacturing surveys for January will continue to roll out; Brazil kept rates on hold at 2.0%, as expected ECB is expected to keep policy unchanged; Norges Bank kept rates steady at 0%, as expected; Chancellor Sunak is reportedly drawing up plans to extend support for the UK labor market in...

Although advocates for covid-19 lockdowns continue to insist that they save lives, actual experience keeps suggesting otherwise. On a national level, just eyeballing the data makes this clear. Countries that have implemented harsh lockdowns shouldn’t expect to have comparatively lower numbers of covid-19 deaths per million. In Italy and the United Kingdom, for example, where lockdowns have been repeatedly imposed, death totals per million remain among the worst in...

Though numerous studies prove the contrary, it is still widely assumed that capitalism perpetuates racism. Celebrities and academics incessantly broadcast the message that capitalism engenders racism. For example, recently on Twitter, superstar athlete Andre Iguodala informed his followers that capitalism cannot be divorced from racism: “Capitalism and racism go hand in hand. And you can’t have one without the other.” Equally scathing is the blistering declaration...

Looking for answers at the World Economic Forum in Davos in 2018. Keystone / Laurent Gillieron The World Economic Forum should put global leaders in the audience to listen to social workers, virologists and reporters, argues Simon Kuper. We don’t know yet what will happen in 2021, because the World Economic Forum’s meeting in Davos has been called off. Normally at this time of year, political and business leaders gather in the Swiss ski resort to reveal the future....