Category Archive: 3.) Global News on Switzerland Economist

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Why Germany’s watchmakers are worried about the AfD

2024-08-22

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2024-08-22

Close to the Czech border, south of Dresden in the German state of Saxony, lies Glashütte, a picturesque town of 6,700 inhabitants. As the German Watch Museum, its main visitor attraction, suggests, the town is the centre of the country’s high-end watchmaking industry.

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How to stop the commoditisation of container shipping

2023-03-09

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2023-03-09

Don’t feel bad if MSC, the Mediterranean Shipping Company, is the biggest ocean-going carrier you have never heard of. It is meant to be that way. Its founder, Gianluigi Aponte, is a publicity-shy Italian billionaire, based in Switzerland, a country with no maritime borders and a culture of secrecy as deep as the ocean.

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The latest wave of covid-19 is harrowing German-speaking countries

2021-11-16

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2021-11-16

Nov 15th 2021BERLIN“IT IS TERRIFYING, all the arguments and measures to persuade the unvaccinated to get the jab are simply ignored,” said Manfred Güllner, head of Forsa, a German pollster. The cause of his consternation? In a recent Forsa survey, 65% of the 3,048 unvaccinated Germans polled said they would “definitely” not get a covid-19 jab in the next two months.

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“Everything Is On Fire”

2021-05-20

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2021-05-20

Authored by Egon von Greyerz via GoldSwitzerland.com,“Everything is on fire” – Heraclitus (535-475 BC)What Heraclitus meant was that the world is in a constant state of flux.But the big problem in the next few years is that the world will experience a fire of a magnitude never seen before in history.I have in many articles and interviews pointed out how predictable events are (and people).

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Gold Is Laughing At Powell

2021-05-03

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2021-05-03

Authored by Matthew Piepenburg via GoldSwitzerland.com,Recently, my colleague, Egon von Greyerz, and I had some unabashed yet blunt fun calling out the staggering levels of open hypocrisy and policy desperation unleashed by former Fed Chairman, Alan Greenspan.Poor Alan was an easy target of what I described as the “patient zero” of the reckless interest rate suppression and unbridled monetary expansion policies of the Fed which have always led to...

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“Read My Lips…” – FedSpeak Exposed

2021-04-30

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2021-04-30

Authored by Egon von Greyerz via GoldSwitzerland.com,“Read my lips: No New Taxes” Bush Sr said in his acceptance speech for his nomination in 1988 when he promised no tax rises. As most politicians, he didn’t keep his word. In the 1992 campaign Clinton made a devastating attack on Bush’s pledge and the rest is history.

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Credit Suisse Slashes Bonuses After $4.7 Billion Archegos Disaster

2021-04-13

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2021-04-13

While all of the banks playing "pass the hot potato" with Archegos Capital's now-dismantled equity book are undoubtedly still assessing the damage they incurred (or at least will report to shareholders), it looks like no one had it worse than Credit Suisse. The banking giant has now slashed its bonus pool by "hundreds of millions of dollars" according to FT, after the firm lost $4.7 billion in the Archegos implosion.

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Can Credit Suisse Avoid Becoming The ‘Deutsche Bank’ Of Switzerland?

2021-04-08

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2021-04-08

“And the future is certain, give us time to work it out…”Markets were shaken but unstirred by the collapse of Greensill and the Archegos unwind trades. Credit Suisse is the ultimate loser of the two scandals – reputationally damaged and holed below the water line.  The bank is paying the price of years of flawed management, poor risk awareness. and its self-belief it was still a Tier 1 global player.

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Regulators want firms to own up to climate risks

2021-03-14

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2021-03-14

Greener postures
AMERICA’S MAIN financial regulator is taking an interest in climate change—and wants everyone to know. The Securities and Exchange Commission (SEC) has created a task-force to examine environmental, social and governance (ESG) issues, appointed a climate tsar and said it will “enhance its focus” on climate-related disclosures for listed firms.

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Swiss Voters Approve ‘Burqa Ban’

2021-03-13

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2021-03-13

Swiss voters have narrowly approved a proposal to ban face coverings in public spaces. The measure comes just over a decade after citizens voted to ban the construction of minarets, the tower-like structures on mosques that are often used to call Muslims to prayer.

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Swiss To Vote In Referendum On Government’s Emergency COVID-19 Measures

2021-02-25

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2021-02-25

Via 21stCenturyWire.com,After mounting a national campaign, and the work of determined local organisations, Swiss campaigners have managed to trigger a referendum for ending the government’s destructive COVID regulations.

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The Death Of Logic

2021-02-24

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2021-02-24

Authored by Matthew Piepenburg via GoldSwitzerland.com,Just over four years ago, as Bitcoin was making its first big moves in both price and public perception, John Hussman of Hussman Investment Trust penned a lengthy as well as seminal report entitled, “Three Delusions: Paper Wealth, a Booming Economy, and Bitcoin.

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Unhappy Endings: Deception Has Gone Global

2021-02-16

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2021-02-16

Rescue Acts, 1931-2020
Looking Behind the LabelsRegardless of one’s politics, most would agree that extremely complex issues are typically given extremely misleading titles.Not all those of the extreme left, for example, are all that “woke” and not everyone on the far right, to be fair, is a “domestic terrorist.

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Second Covid Wave in Europe, Rest of the World still Unaffected

2020-10-21

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2020-10-21

The second wave of the Coronavirus is currently raging in Europe. The attached image shows the number of newly infected people in European countries on a linear scale. In particular in the Czech republic, but also in Switzerland, France or Spain, one can see a tendency of exponential growth.

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Is Shipping An Investing Opportunity Due To COVID-19? Robert Bugbee Interview

2020-05-23

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Purchase your Virtual SIC 2020 Pass today: https://www.mauldineconomics.com/go/4rngpwpz/MEC. Robert Bugbee is President & Director of Scorpio Tankers (https://www.scorpiotankers.com), Scorpio Bulkers (https://www.scorpiobulkers.com) and Hermitage Offshore (https://www.hermitage-offshore.com).

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COVID-19 Wreaks Havoc With Hotel Industry – Ashford CEO Monty Bennett Interview

2020-05-23

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Purchase your Virtual SIC 2020 Pass today: https://www.mauldineconomics.com/go/vzwl53jr/MEC. Monty Bennett is Founder, CEO & Chairman of Ashford: https://www.ashfordinc.com/.

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Restaurants Face COVID-19 Catastrophe – Jeffrey Frankel Interview

2020-05-23

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Purchase your Virtual SIC 2020 Pass today: https://www.mauldineconomics.com/go/lzvx5l7z/MEC. Jeffrey Frankel owns Mattito's in Dallas & Irving, Texas: https://mattitos.com/.

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COVID-19 Turbocharges Artificial Intelligence Future? Rajeev Dutt Interview

2020-05-23

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Purchase your Virtual SIC 2020 Pass today: https://www.mauldineconomics.com/go/9z2g6wkr/MEC Rajeev Dutt is CEO of AI Dynamics: https://aidynamics.com/.

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Is Shipping An Investing Opportunity Due To COVID-19? Robert Bugbee Interview

2020-05-22

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Purchase your Virtual SIC 2020 Pass today: https://www.mauldineconomics.com/go/4rngpwpz/MEC. Robert Bugbee is President & Director of Scorpio Tankers (https://www.scorpiotankers.com), Scorpio Bulkers (https://www.scorpiobulkers.com) and Hermitage Offshore (https://www.hermitage-offshore.com).

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COVID-19 Wreaks Havoc With Hotel Industry – Ashford CEO Monty Bennett Interview

2020-05-22

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Purchase your Virtual SIC 2020 Pass today: https://www.mauldineconomics.com/go/vzwl53jr/MEC. Monty Bennett is Founder, CEO & Chairman of Ashford: https://www.ashfordinc.com/.

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