Tag Archive: Politics

The far-reaching implications of the amateur trading wave

Part II of II by Claudio Grass, Hünenberg See, Switzerland Case in point: Silver “apes”  One of the most astounding elements of this shift in retail investing is the proof it offers for what many of us knew along: When people can freely and directly vote with their wallets and put their money where their mouth is, one gets a much clearer picture of what the public, the market or any other large group really thinks and really wants. In...

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The far-reaching implications of the amateur trading wave

2020 certainly was a year of a lot of “firsts”, most them extremely destructive to the economy, to our societies and to our everyday lives. However, there were a few positive developments too, among them being the fact that it was the year that ordinary people discovered and entered financial markets. 

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Freedom Is Not Free You Have To Fight For It, The People Will Demand Decentralization

Claudio begins his discussion with him taking a trip from Switzerland to Spain. On his travels he realized that the borders are open for cars and people were not asked for proof of vaccination. The people will begin to come together when they cannot function in everyday life because of inflation. People will look for decentralization because the globalist system does not work for the people.  Freedom is not free you have to fight for it.

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Human Rights Sports Body granted Upgraded Swiss Legal Status

An organisation set up in Switzerland to prevent sport from harming society and athletes has been granted full association status in Geneva. The Centre for Sport and Human RightsExternal link was awarded the status of an independent non-profit association under Swiss law on Thursday. It has been running since 2018 under a different legal status.

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Swiss social spending up nearly 60 percent in 20 years

In 1999, social expenditure in Switzerland was CHF 13,370 per resident. By 2019, the same figure had reached CHF 21,300, a rise of nearly 60%. Over the same period, total inflation was around 11%. Applying inflation to CHF 13,370 brings the figure to CHF 14,480. Why has the cost risen beyond this and how has the extra spending been funded?

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Swiss Cities Demand end to Opaque Cantonal Tax Competition

The proposed 15% minimum corporate tax rate is an opportunity for Switzerland to unite its tax code for the better, says an organization representing Swiss cities. City finance directors have criticized cantons for trying to plug expected tax gaps unilaterally, rather than find a common approach nationwide.

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Swiss hail ‘cordial’ talks with Biden

Swiss President Guy Parmelin has underlined the importance of bilateral relations after a “cordial” meeting with US President Joe Biden. Parmelin also called Wednesday’s US-Russia meeting a “sign of hope”. Biden arrived in Geneva on Tuesday afternoon, ahead of the summit with Russia's Vladimir Putin.

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Inflation risk takes center stage – Part II of II

A lot of people might be aware of historical cases of hyperinflation, like that of Hungary and the Weimar Republic, or even contemporary ones, like that of Venezuela. And yet, these are taught or reported like extreme cases, very far removed from the daily experience of most modern Western citizens.

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Swiss prepare for EU chill after quitting market access talks

In Brussels there was shock and anger. In Switzerland, quiet celebration and relief — but, for some, doubts about what exactly comes next. On Wednesday, Bern announced it was formally withdrawing from negotiations to codify future relations with the EU into a single overarching “framework agreement” — a back-and-forth exchange that has dominated an increasingly fraught relationship with Brussels since 2014.

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Inflation risk takes center stage – Part I of II

Over the past couple of weeks, we’ve been seeing more and more mainstream headlines about inflation fears being on the rise, both in the US and in Europe. Central bankers on both sides of the Atlantic have been doing their best to assuage these concerns, promising that they have everything under control and that the situation will without a doubt normalize soon.

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Switzerland fears impact of minimum corporate tax rate

Switzerland may have to find alternative ways to welcome foreign companies to Switzerland. Keystone / Peter Klaunzer This content was published on April 27, 2021 - 09:00 April 27, 2021 - 09:00 Matthew Allen When not covering fintech, cryptocurrencies, blockchain, banks and trade, swissinfo.ch's business correspondent can be found playing cricket on various grounds in Switzerland - including the frozen lake of St Moritz. ...

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Swiss public institutions hit hard by white-collar crime

Swiss courts dealt with 52 major cases of economic crime last year that amounted to CHF355 million ($384 million) in losses, the consultancy firm KPMG said on Thursday. Public institutions were especially targeted by fraudsters.

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Reality check: The “miracle recovery” narrative

Over the last few weeks, we’ve been constantly bombarded by news reports and “expert” analyses celebrating an incredible global economic recovery. They’re not even presented as projections or expectations anymore, but as a fact, as though the return to vibrant growth is already underway.

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Precious metals are and always have been the ultimate insurance

As we enter the second quarter of 2021, the year during which so many mainstream analysts and politicians have predicted we’ll see a miraculous recovery from the covid crisis, it is becoming increasingly clear that the damage inflicted by the lockdowns and the shutdowns is really very extensive an persistent. Of course, I’m referring to the damage to the real economy, that is, to actual businesses, households and the countless citizens that were...

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Switzerland asks EU for exception to vaccine export rules

As of this week, Switzerland can no longer import Covid vaccines from the European Union (EU) without a special license. Officials in Bern have asked to be granted an exception to the stricter conditions.

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Swiss upper house votes to raise pension age for women

As Switzerland’s population ages the number of people paid state pension is rising relative to the number of workers funding it. Since 2014, more has been paid out than has been paid in. The most effective way to fix this imbalance is to raise the pension age. If the average life expectancy of a retiree is 15 years, then raising the pension age by one year will cut the cost by nearly 7%.

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Former Swiss central banker throws in towel to lead OECD

Former Swiss National Bank (SNB) chairman, Philipp Hildebrand, has pulled out of the race to become the next secretary-general of the Organisation for Economic Co-operation and Development (OECD).

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The United Nations in Geneva – before and during the pandemic

With the exception of a few organisations and institutions that continue to operate in person, such as the UN Human Rights Council, which is currently conducting its Universal Periodic Review process, the Office of the UN High Commissioner for Human Rights, the WHO and some permanent missions to the United Nations, most day-to-day business and multilateral activities are conducted online.

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“Self-control and self-respect have become undervalued”

After a year of lockdowns, social isolation, financial uncertainty and extreme political polarization, a lot of people are finding it very difficult to remain optimistic and to see a way back to some kind of normalcy. While the economic, social and political impact of the covid crisis can be easily identified and frequently discussed, the unseen, psychological pressures that millions of people are struggling with often go undiscussed.

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‘Looking after citizens’ ID data is a sovereign task’

Lawyer and parliamentarian Sibel Arslan explains why she is against the proposed new law on digital identity (eID) and why rejecting it would be an opportunity for digitisation. 

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