Monthly Archive: March 2022

Stay or go? Western consumer brands wrestle with Russian dilemma

2022-03-12

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2022-03-12

Vladimir Putin’s invasion of Ukraine has led to an exodus of well-known western brands from Russia, but not every company has joined the rush.

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With Inflation at a 40-Year High, the Fed Is Too Afraid to Act

2022-03-12

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2022-03-12

Audio Mises Wire
Price inflation has been accelerating upward since April of last year. Yet the Fed has done virtually nothing. What's the Fed waiting for?

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Consumer Prices And The Historical Pain(s)

2022-03-12

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2022-03-12

The 1947-48 experience was truly painful, maybe even terrifying. The US and Europe had just come out of a decade when the worst deflationary consequences were so widespread that the period immediately following quickly erupted into the worst conflagration in human history.

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Mapping the Conflict in the Ukraine

2022-03-12

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2022-03-12

Russian Troops in the Crimea John Kerry is appropriately aghast at the “incredible act of aggression” by Russia in the Ukraine: “You just don’t in the 21st century behave in 19th century fashion by invading another country on completely trumped up pre-text,” Kerry told the CBS program “Face the Nation.”

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Covid cases up 42% in a week in Switzerland

2022-03-11

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2022-03-11

This week, 171,085 new Covid-19 cases were reported in Switzerland, up 42% from the 120,901 cases reported a week earlier. In addition, the reported number of Covid-19 patients hospitalised leapt too. This week 482 were admitted, up 37% from 352 the week before. Photo by Pixabay on Pexels.comThe 7-day average case number had been in constant decline since the end of January 2022. However, the number of new cases turned upwards towards the...

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Sanctions Kill Innocent People and Also Destroy Our Liberty

2022-03-11

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2022-03-11

While American statists are cheering the U.S. government’s sanctions on Russia, 71-year-old John Hanick shows us how the cheers are also for the destruction of the rights and liberties of the American people. That’s because U.S. officials have just charged Hanick, who is an American citizen who once worked at Fox News as a director, with a federal criminal offense for violating U.S. sanctions on Russia. Hanick now faces up to 20 years in a federal...

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Inflation: Who or What Is the Culprit?

2022-03-11

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2022-03-11

Inflation—defined herein as a widespread increase in the prices of widely purchased consumer goods—has gotten worse since I commented on it last spring. According to the official Consumer Price Index (CPI), inflation is currently running at 7.5 percent year over year—the highest since 1982.

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The Upside of a Crushing Recession

2022-03-11

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2022-03-11

Unbeknownst to those trembling in fear of a crushing recession, the crushing recession they fear is the only curative for a fatally distorted system which has lost touch with reality. Everyone looking at the inevitability of recession with alarm is forgetting the many upsides of recession, especially one that crushes all attempts to reverse it with the usual tricks.

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Swiss Post Office bounces back from pandemic difficulties

2022-03-11

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2022-03-11

The Swiss Post Office more than doubled profits to CHF457 million ($493 million) last year as it was less affected by pandemic restrictions.

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Swiss Blockchain Startup Wecan Chooses France for Its Expansion

2022-03-11

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2022-03-11

Wecan Group SA, a Swiss Blockchain software provider used  Swiss private banks, is favoring an expansion in France for its internationalization. Behind this choice: an investment from Michel Reybier, owner of La Réserve hotels, and a selection in the Swave program, an initiative of the French government to attract the most promising fintechs in France.

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Behind Klaus Schwab, the World Economic Forum, and the Great Reset: Part 3

2022-03-11

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2022-03-11

Bob continues his series on Klaus Schwab and the Great Reset, highlighting an interesting remark in Biden's SOTU, Strobe Talbott's open support for global government, and the introduction to Schwab's book on Covid-19 and the Great Reset.

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EU will Russland auch im Bereich Cryptocoins sanktionieren

2022-03-10

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2022-03-10

Gestern gab die Europäische Union offiziell bekannt, dass Cryptocoins für sie unter die Bezeichnung „Transferable Securities“ fallen. Diese Bezeichnung taucht aktuell in der Liste der möglichen Sanktionen gegen Russland auf. Damit dürfte die EU auch Bitcoin und Co. ins Auge fassen. Crypto News: EU will Russland auch im Bereich Cryptocoins sanktionierenIn dem Bestreben Druck auf die russische Regierung auszuüben, hat der Westen die finanziellen...

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Customs in 2021: more product piracy and non-compliant animal imports

2022-03-10

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2022-03-10

The figures for the year 2021 from the Federal Office for Customs and Border Security (OFDF) are again marked by the COVID pandemic. Due to the boom in e-commerce, the number of shipments seized for product piracy has once again increased significantly. Cases in the field of animal protection have also increased sharply. In addition, the number of records of migrants who entered Switzerland irregularly was higher than in 2020. Receipts increased...

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Why Sanctions Don’t Work, and Why They Mostly Hurt Ordinary People

2022-03-10

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2022-03-10

The United States and its western European allies have in recent days repeatedly increased economic sanctions against not only the Russian regime, but against millions of ordinary Russians. 

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This is Not The Silver Breakout You’re Looking For!

2022-03-10

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2022-03-10

Every once in a while, one regrets not acting sooner, or not acting soon enough. In our case, we did not publish this Tuesday evening. We should have. Today the price is down, and others may also call for lower silver prices.

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So Much Fragile *Cannot* Be Random Deflationary Coincidences

2022-03-10

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2022-03-10

At first glance, or first exposure to this, there doesn’t seem to be any reason why all these so many pieces could be related. Outwardly, from the mainstream perspective, anyway, you’d think them random, and even if somehow correlated they’re supposed to be in the opposite way from what’s happened.

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Why Putin Probably Hasn’t Doomed the Dollar

2022-03-10

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2022-03-10

In this episode of Radio Rothbard, Ryan McMaken and Tho Bishop look at the economic consequences of Russia's invasion of Ukraine. What has been the damage from America's weaponization of the dollar? Is Russia likely to return to the gold standard? What may be the fallout in Europe?

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Switzerland listed as ‘unfriendly’ country by Russia

2022-03-10

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2022-03-10

Russia has drawn up a list of around 50 countries, including Switzerland, that have committed “unfriendly actions” against Russia, its companies and citizens, in the wake of severe economic sanctions over the war in Ukraine, the Russian state media agency TASS reports.

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Pushing toward Nuclear War

2022-03-09

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2022-03-09

According to Yahoo! News, “More than two dozen foreign policy experts have called for the United States and NATO to institute a partial no-fly zone over Ukraine, which would serve as an escalation of the conflict with Russia.” Joining them is Illinois Republican Congressman Adam Kinzinger, who also happens to be a former Air Force combat officer. That would mean the U.S. military would be shooting down Russian planes containing Russian soldiers. ...

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Risk Assets Given a Reprieve

2022-03-09

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2022-03-09

Overview: US equities failed to sustain early gains yesterday, but risk appetites have returned today.  Asia Pacific equities had a poor start, with Chinese and Japanese indices losing ground, but the equity benchmarks in Taiwan, Australia, India, and most of the smaller markets traded higher.  Taiwan's 1.1% gain is notable as foreign investors continued to be heavy sellers. 

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