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Coronavirus: 5.5 percent of Geneva might be infected, according to antibody study

A study done by researchers at Geneva’s HUG hospital suggests a Covid-19 infection rate of 5.5% across the canton of Geneva. Antibody blood tests, run on a randomly selected sample of the canton’s population, suggest around 27,000 might have been infected by the virus, a number 5.7 times the official count of 4,733 recorded on 24 April 2020.

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Business Owners Understand Why the Economy Can’t Just Be “Reopened”

My oldest turned seventeen last month. To commemorate the occasion, she and I watched Once Upon a Time in Hollywood. I’d taken her to her first (allegedly) rated-R movie a couple years ago to see the quite good Baby Driver, but this was Tarantino.

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Coronavirus: predicting post-lockdown Switzerland with positivity

As Switzerland moves towards easing Covid-19 social restrictions, some fear the virus will get away again. A key part of containing the spread is testing. One way to evaluate how comprehensive testing is is to look at positivity, the percentage of tests that are positive. 

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Coronavirus: the age difference behind lower Swiss death rate

Switzerland’s Covid-19 death rate has been lower than much of the rest of Europe. A lower infection rate among older people appears to be one reason. The rates of deaths among those either recovering or dying have been particularly high in Belgium (40%), France (34%) and Italy (31%).

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Is Venezuela’s gold a liability for Switzerland?

Venezuela is illegally mining and trading in gold, and Switzerland could be one of its clients, according to Swiss media reports. swissinfo.ch spoke to law enforcement, customs and financial authorities to find out whether they are taking action.

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Coronavirus called a ‘decisive test’ for the UN system  

The pandemic is testing the limits of the United Nations system, say Geneva and New York-based experts, amid funding challenges and an ongoing blame game between the United States and China. The UN is marking its 75th anniversaryexternal link this year. What could have been a year of celebration is becoming a year of crisis.

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Ranking finds Swiss cities less expensive

Zurich and Geneva are still among the world’s ten most expensive cities, but both have slid down the rankings since last year. The full effect of the coronavirus crisis remains to be seen. In the Economist Intelligence Unit’s annual report comparing the cost of living in cities around the world, Zurich is tied for 5th place with Paris; in 2019 it ranked 4th.

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15 Unzen Gold als Investment 💸☺️

Aktuell kaufe ich jeden Monat eine Unze Gold in Form einer Münze. Bis Ende des Jahres sieht mein Plan vor, insgesamt 15 Unzen Gold in meinem Portfolio zu haben. Die Münzen werden natürlich sicher in einem Bankschliessfach aufbewahrt. Gold als InvestmentManche fragen sich vielleicht, wieso ich Geld in Gold investiere.

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A reality check on China’s return to work

The recent recovery in industrial activity seems to have stalled, probably because of the collapse in external demand and high levels of vigilance inside China. Since the large-scale coronavirus infection was contained, the Chinese government has been trying hard to get the economy back on track. The end of the lockdown in Wuhan after two in a half months is an important milestone in that respect.

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Keynes Called Himself a Socialist. He Was Right.

In 1997 Ralph Raico published an article titled “Keynes and the Reds.” Raico’s article highlighted John Maynard Keynes’s review of a 1936 book by the British socialists Sidney and Beatrice Webb called Soviet Communism. In his review, Keynes discusses Joseph Stalin’s USSR and concludes: “The result is impressive.”

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Central banks to the rescue

While expecting long-term yields to be capped, we remain neutral on US Treasuries. We think peripheral euro area bonds to avoid the levels of stress seen during the sovereign debt crisis.

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Why Mexico Is Reluctant to Shut Down Its Economy to Combat COVID-19

Mexico's president Andrés Manuel López Obrador has been reluctant to impose mandatory "social distancing" orders on the Mexican population. According to USNews, López Obrador "has maintained a relaxed public attitude" toward COVID-19, and the Mexican government did not impose a ban on "non-essential" work until March 30, long after health officials in other countries insisted Mexico must do so.

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Bleibe ich in P2P-Kredite investiert? 😰💸

Aktuell ist viel los bei P2P-Krediten, viele Leute ziehen aus Angst und Panik und teilweise auch aus berechtigten Gründen ihr Geld ab. Aber wie werde ich mit meinen Investments fortfahren? P2P-Kredite sind auch schon vor der Krise ein extrem risikoreiches Investment gewesen. Ich habe diese nur als Beimischung mit einem sehr kleinen Prozentsatz meines Vermögens genutzt.

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In March, US Deaths From COVID-19 Totaled Less Than 2 Percent of All Deaths

About 2.9 million people die in the United States each year from all causes. Monthly this total ranges from around 220,000 in the summertime to more than 280,000 in winter. In recent decades, flu season has often peaked sometime from January to March, and this is a major driver in total deaths. The average daily number of deaths from December through March is over eight thousand.

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Recession is unavoidable, reckon Swiss finance bosses

The coronavirus pandemic has fundamentally changed the economic outlook for Switzerland within a very short period of time, with Swiss CFOs more pessimistic than ever before. Neither during the euro crisis nor during the Swiss franc shock were chief financial officers as negative about economic prospects as they are today, according to the latest half-yearly survey published on Monday by consultants Deloitte.

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What “Lender of Last Resort” Is Supposed to Mean

Modern central banks have already moved far beyond what was once considered the proper role for a central bank as a "lender of last resort." Now Keynesians and MMTers (modern monetary theorists) want to take things even further.

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What Is the Good Entrepreneur to Do?

In a January 2020 Forbes Magazine article titled “Why Doing Good Is Good For Business” clearly left out critical information: who is the good or bad entrepreneur? According to the author, good entrepreneurs are doing good if their primary objective is not to make a profit. And bad entrepreneurs are doing bad if their primary objective is to make a profit.

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ETF Investments Q&A mit Finanzfluss 🦛

Seit nun mehr als einem Jahr mache ich regelmässig jede Woche Livestreams auf YouTube und Instagram. Für die ein oder anderen die diesen Blog länger verfolgen, ist das vielleicht etwas neues, weil ihr nur auf dem Blog unterwegs seid. Livestream jeden Sonntag um 18:00 UhrAktuell habe ich zwei fixe Livestream Slots den Dividenden Dienstag um 18:00 Uhr zusammen mit Johannes Lortz.

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Swiss commodities sector grapples with Covid-19 turbulence

The strategic importance of commodities and experience in handling fluctuations has helped commodity firms weather the coronavirus storm better than most. swissinfo.ch caught up with Florence Schurch, general secretary of The Swiss Trading and Shipping Association (STSA), to find out how the commodities sector is handling the crisis and what it means for Switzerland.

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Coronavirus: loss of smell indicates “very high likelihood” of infection

While there is currently no scientifically proven link between anosmia (loss of smell) and Covid-19, more and more experts are saying the symptom is a strong indicator. Gilbert Greub, head of the microbiology department at the CHUV hospital in Lausanne, is one such expert. “Given the widespread Covid-19 epidemic, I think that everyone who has a problem tasting or a problem smelling has a very high likelihood of testing positive and should be tested.

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