Category Archive: 3) Swiss Markets and News
SMI: Trump win boosts pharma and financials
A rally in pharmaceutical and banking shares helped boost the Swiss Market Index this week as investors weighed the prospect of a Trump’ presidency in the United States. Stocks in the healthcare sector jumped after Donald Trump’s victory as drug pricing reforms, proposed by Hillary Clinton, are now unlikely to materialize.
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The cost of quitting nuclear energy
Is Switzerland ready to phase out nuclear power? Experts weigh in on the November 27 nationwide vote on the country’s nuclear plants. (SRF/swissinfo.ch) Banning construction of nuclear power plants and limiting the use of existing ones to 45 years: that’s what the people’s initiative from the Green Party proposes. This would mean that the stations …
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How Switzerland came top of the 2016 young worker’s index
Where you are born makes a big difference to the chances of getting a job when you leave school. In 2015, youth unemployment rates in some OECD countries such as Greece (49.8%), Spain (48.3%) and Italy (40.3%) were all close to 50%. In others such as Germany (7.2%), Austria (10.6%) and Switzerland (8.6%), youth unemployment was far lower. Why? The Young Workers Index 2016, an annual report by PWC, offers some insights.
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When weather extremes cause plants to climb mountains
Swiss scientists are carrying out a long-term study into the effects of climate change on Alpine plants. (RTS/swissinfo.ch/jh) The research, centred in the Glarus Alps, is taking place just as 20 thousand participants meet in Morocco to agree the details for implementing the global Paris accord to combat global warming. Biologists from the Federal Technology …
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Swiss government opposes initiative to transform monetary system
The Swiss government urged rejection of a popular initiative that would transform the monetary system and end fractional-reserve banking, according to its dispatch to Parliament. The measure seeks to put the central bank solely in charge of money supply and forbid commercial banks from granting loans that aren’t fully backed by deposits, effectively ending the way banking has been conducted for centuries.
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US Election 2016: Potential Impacts on Currencies
Nathan Hutchings, FX Dealer talks about the potential impacts the US Election could have on Dollar and Sterling
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Europe stocks split on Trump win with pharma gaining
The region’s largest industry group headed for its biggest jump in more than 14 months, tempering losses for equity benchmarks after Donald Trump won the race to govern the region’s biggest export market. Novo Nordisk A/S and Shire Plc rose more than 5 percent, after investors punished the shares in recent weeks amid disappointing earnings and speculation Hillary Clinton would push for drug-price controls as president. Citigroup Inc. had cut its...
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How the Swiss capital reacted to Trump’s win
The election of Donald Trump as president had strong reverberations on the streets of the Swiss capital Bern, with some saying they were reduced to tears. (Julie Hunt, swissinfo.ch) — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on …
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US elections and the possible impacts on the SA markets
Investec’s David Gracey sits down with former leader of the opposition in S.A. parliament Lindiwe Mazibuko for a conversation on the U.S. elections and the possible impact a victory by either candidate would have on the markets. The views expressed in this video are those of the individuals in the video and not Investec Bank. …
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Elderly share homes with Geneva students
Hundreds of students in Geneva are struggling to find a a place to live. Now the University of Geneva has started placing students in private homes of elderly people. In exchange the students help their hosts with work around the house. (RTS/swissinfo.ch) — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its …
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David Gracey & Lindiwe Mazibuko discuss their views on how markets will react to the U.S. elections
David Gracey of Investec previews the U.S. elections with former politician Lindiwe Mazibuko – watch the full video on 9 November at www.Investec.co.za/Money
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Why the elite come to Switzerland for healthcare
Swiss luxury clinics are doing a roaring trade, thanks to a growing number of rich patients from abroad seeking medical help, detox or cosmetic surgery. (RTS/swissinfo.ch/jh) — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For …
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David Gracey & Lindiwe Mazibuko unpack the U.S. elections
David Gracey of Investec previews the U.S. elections with former politician Lindiwe Mazibuko – watch the full video on 9 November at www.Investec.co.za/Money
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Merkel says Brexit talks mustn’t impact Swiss-EU negotiations
Swiss talks with the European Union about immigration restrictions mustn’t be impacted by the U.K.’s decision to leave the bloc, German Chancellor Angela Merkel said. “In the EU, we should carry on negotiations with Switzerland in the same way as we would have if there were no question on Britain,”.
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Former Treasury Secretary Summers Calls For End Of Fed Independence
At an event in Davos, Switzerland earlier today, Former U.S. Treasury Secretary, Larry Summers, argued that Central Bank independence from national governments should be scrapped in favor of a coordinated effort between politicians, central bankers and treasury to engineer inflation. Seems reasonable, right?...what could possibly go wrong?
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Brexit is making it too expensive to go skiing in Alps
The promise of snow across the Alps this weekend won’t be enough to lift the gloom at some of Europe’s top ski resorts as the pound’s post-Brexit slide dents British bookings. Jon Fricker, a property developer in Beaconsfield, west of London, said some of his friends would probably back out of their annual piste reunion if the cost of a long weekend in the Portes du Soleil ski area straddling the border between France and Switzerland climbs much...
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Jared Dillian: The Morning After The Election and Market Volatility
Subscribe to Jared Dillian’s free weekly column, The 10th Man, at Mauldin Economics: https://goo.gl/pp2W73
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SMI down as investors eye the US election
The SMI is set to finish the week notably lower as investors continue to dump equities amid worries about the implications of next week’s US election, the trajectory of interest rates and mixed corporate earnings.
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How Swiss is the US electoral system?
The US electoral system may seem rather unique, but it actually has a lot in common with Switzerland’s brand of democracy. Here’s how they compare. The report is presented by swissinfo.ch’s Susan Misicka. The original video was produced by Arthur Honegger and Jonas Bayona of the online news service of Swiss public television, SRF. — …
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