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Tag Archives: Politics

Weekly Market Pulse: Opposite George

It all became very clear to me sitting out there today, that every decision I’ve ever made, in my entire life, has been wrong. My life is the complete opposite of everything I want it to be. Every instinct I have, in every aspect of life, be it something to wear, something to eat… It’s all been wrong. Every one. – George Constanza If every instinct you have is wrong, then the opposite would have to be right. – Jerry Seinfeld From the Seinfeld episode “The Opposite” I...

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Men continue to dominate the leadership of state companies in Switzerland

An article published by RTS presents data that shows men outnumber women among the leaders of 20 of Switzerland’s 26 largest state affiliated companies. Photo by Pixabay on Pexels.comLike in much of the developed world politicians in Switzerland are pushing to get more women into top spots. Switzerland’s Federal Council has said it aims to have 40% of leadership positions in state affiliated companies filled by women before 2023. Currently, this objective looks out of reach. Out of the...

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Parity hysterics: What it means and what it doesn’t – Part II

Part II of II, by Claudio Grass, Hünenberg See, Switzerland “Reverse currency wars”? Although the parity event may have captured the attention of the mainstream financial press and most western citizens, there’s a much bigger shift that has been going on in the background, which received much less coverage. We are all familiar with the concept of a currency war. In essence, it is basically one of the most crude examples of governments colluding with their central banks (the...

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Parity hysterics: What it means and what it doesn’t – Part II

Part II of II, by Claudio Grass, Hünenberg See, Switzerland “Reverse currency wars”? Although the parity event may have captured the attention of the mainstream financial press and most western citizens, there’s a much bigger shift that has been going on in the background, which received much less coverage. We are all familiar with the concept of a currency war. In essence, it is basically one of the most crude examples of governments colluding with their central...

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Parity hysterics: What it means and what it doesn’t

Part I of II, by Claudio Grass, Hünenberg See, Switzerland There’s been a flurry of articles, news stories and headlines lately over the developments in the FOREX market, specifically over the moves of the EUR/USD currency pair. As headwinds on all levels, economic, geopolitical and social, got a lot worse in recent months for the Eurozone, the news-breaking, headline-dominating “parity” event finally came about, with the euro even breaking below parity on July 13, and it seems to...

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Parity hysterics: What it means and what it doesn’t

Part I of II, by Claudio Grass, Hünenberg See, Switzerland There’s been a flurry of articles, news stories and headlines lately over the developments in the FOREX market, specifically over the moves of the EUR/USD currency pair. As headwinds on all levels, economic, geopolitical and social, got a lot worse in recent months for the Eurozone, the news-breaking, headline-dominating “parity” event finally came about, with the euro even breaking below parity on July 13,...

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French air police ground Swiss interior minister’s private flight

Berset, who is known for his elegant dressing style, has had a pilot licence for private aircraft for more than ten years. © Ti-press The Swiss interior minister, Alain Berset, on a private flight in neighbouring France has been forced to land by the French air force. A ministry spokesman said Berset misinterpreted information from the French air traffic control tower prompting an intervention by the French air force last week. Berset was able to continue his flight...

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Charities have yet to spend most of Ukraine donations

People wait to receive humanitarian aid in Kramatorsk, Ukraine, on May 28, 2022. Copyright 2022 The Associated Press. All Rights Reserved. Despite record public donations for Ukraine, four months since the start of the invasion by Russia, Swiss aid agencies have only been able to spend a small amount of the funds on humanitarian work. An investigationExternal link by the SonntagsZeitung newspaper published on July 10 has revealed that Swiss Solidarity, the Swiss Red...

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Swiss fighter jet document reveals secret French tax offer

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...

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Ukraine reconstruction summit was worth the risk, says Swiss press

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...

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