Category Archive: 3.) Global News on Switzerland Economist

Trump will be good for economy, bad for Wall Street: David Rosenberg

Get close to 20 hours of audio sessions and video highlights from Strategic Investment Conference 2016 brimming with insights and advice for investors. Listen to over 30 leading experts… and discover how to thrive in a Decade of Disruption and a market buffeted by recession, a meek Federal Reserve, startling new technologies, and worldwide geopolitical …

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Neil Howe: It’s going to get worse; more financial crises coming

Get close to 20 hours of audio sessions and video highlights from Strategic Investment Conference 2016 brimming with insights and advice for investors. Listen to over 30 leading experts… and discover how to thrive in a Decade of Disruption and a market buffeted by recession, a meek Federal Reserve, startling new technologies, and worldwide geopolitical …

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BSI: The End of a Swiss Private Bank

Authorities in Switzerland and Singapore are punishing BSI, the private bank based in the Ticino region of Switzerland, for alleged money-laundering offenses, shutting their activities in Singapore and seizing part of its profits.

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Introducing The Gotthard Train Tunnel, The World’s Longest and Deepest Train Tunnel

On June 1, Angela Merkel and Francois Hollande will take a break from their respective domestic crises and attend a ceremony to inaugurate the Gotthard Base Tunnel (GBT) in Switzerland.

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Ten Most Expensive Countries for Healthcare in the World

The United States spends 17% of GDP for health care, compared to around 10% in many other advanced economies. Thanks to rising health care costs, GDP growth was higher in the U.S. in recent years. The question is if this kind of GDP growth enriches the whole population or only the privileged.

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Tim Price: Why I’m Voting To Leave The European Union

On 23 June 2016, this British citizen will be voting to leave the European Union. To me it’s clear: the EU has not only become too big for its own good, it’s too big to do hardly anything good.

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65-Year-Old Swiss Native Lost His Life’s Savings For Failing To File A Form to the US

Submitted by Simon Black via SovereignMan.com, By all accounts Bernhard Gubser was living the American Dream. Born in Switzerland he moved to the Land of the Free in the early 1980s to work at an international shipping company based in Laredo, Texas....

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Ron Paul and Claudio Grass Speak on Switzerland

 What Do The Swiss Know That We Don’t? Claudio Grass, Managing Director of Global Gold in Switzerland, was recently invited to speak with Dr. Ron Paul at the Liberty Report.

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Treasury Introduces New Rules To Stop Tax Evasion, Kind Of

In the wake of the Panama Papers being released, the U.S.Treasury announced that it will use existing powers in order to make two rule changes that are intended to stop tax evasion. First, in a rule which amends the US Bank Secrecy Act, the Treasury ...

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Q&A with Jared Dillian: The Inflation Trade and Emerging Markets

Subscribe to Jared Dillian’s free weekly newsletter, The 10th Man, so you won’t fall prey to the herd mentality that so often causes mainstream investors to make the wrong decision. Sign up here: http://www.mauldineconomics.com/subscribe

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Migrant Rape Epidemic Reaches Austria

Submitted by Soren Kern via The Gatestone Institute, A 20-year-old asylum seeker from Iraq confessed to raping a 10-year-old boy at a public swimming pool in Vienna. The Iraqi said the rape was a "sexual emergency" resulting from "excess sexual ene...

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EU Plans $290K Per Person Fine For Countries Refusing “Fair Share” Of Refugees; Angry Response Ensues

As Norway offers cash for refugees to leave, announcing that they won't be accepting any more refugees from the EU, and Switzerland prepares its military to close down borders, the EU has seemingly had enough of every country acting as if it has any ...

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Here Comes The Turkish Flood: EU Commission Backs Visa-Free Travel For 80 Million Turks

Earlier this week we observed that in what may be Europe's latest mistake, the European Union is about to grant visa-gree travel to 80 million Turks: a key concession that Erdogan obtained as a result of the ongoing negotiations over Europe's refugee...

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Switzerland: You know negative interest rates are bad when…

Switzerland is famous for being punctual. The trains. The buses. The meticulously crafted, hand polished luxury watches. The Swiss are so culturally punctual that they even tend to pay their taxes well in advance of the filing deadline. But with negative rates, the cantons' tax office do no longer like this.

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Germany’s AFD leader Frauke Petry wants ‘more Switzerland for Germany’

Fauke Petry, leader of the Alternative for Germany (AfD), believes Germany “needs more Switzerland … more democracy” and that Switzerland is some way ahead of her country when it comes to a “culture of democracy”.

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Switzerland Readies Military In Preparation For A New Wave Of Migrants

According to The BBC, the most asylum claims in 2015 occurred in Germany, which saw >500,000...   With the main route (reportedly shut down) being from Turkey to Greece, and up through the Balkans... With Syrians making up the bulk of migrants tryi...

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The Shocking Reason For FATCA… And What Comes Next

Submitted by Nick Giambruno via InterntionalMan.com, If you’ve never heard of the Foreign Account Tax Compliance Act (FATCA), you’re not alone. Few people have, and even fewer fully grasp the terrible things it foreshadows. FATCA is a U.S. ...

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Q&A with George Friedman: Venezuela, North Korea, the Middle East, Kazakhstan

Send your questions for George Friedman to Mauldin Economics on Twitter (@mauldinecon) with the hashtag #TWIG. Every week, we’ll pick the most interesting questions and have George Friedman answer them in this Q&A video series. Stay tuned!

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Malaysia CDS Spike After Abu Dhabi Puts Scandal-Ridden 1MDB In Default, Funds hidden in Switzerland

Over the better part of the past year, we’ve documented the curious case of 1MDB, Malaysia’s government investment fund founded in 2009. It’s a long and exceptionally convoluted story that doesn’t exactly lend itself to a concise summary but suffice...

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Panama Papers Names Revealed: Multiple Connections to Clinton Foundation, Marc Rich

There has been much confusion, at time quite angry, how in the aftermath of the Soros-funded Panama Papers revelations few, if any, prominent U.S. name emerged as a result of the biggest offshore tax leak in history. Now, thanks to McClatchy more U.S...

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