Swiss have voted in favor of the proposal by a narrow margin in a referendum. Another proposal, on imposing stricter regulations on livestock farming, failed to pass. Swiss voters accepted the government’s pension reform plan by...
Commodity markets are in the spotlight as Russia keeps selling its oil and gas through specialized dealers in Switzerland. The business brings in billions of dollars that could be used to fight the war in...
The global capital markets are subdued today as investors wrestle with the rising virus, the shifting stance of several central banks, and a more tense geopolitical backdrop. Equity markets are struggling today. Most of the...
The debt of US nonfinancial businesses had already surged in recent years, but when the Pandemic hit, businesses went on a borrowing binge as the Fed has repressed interest rates to record lows even for...
Treasury Secretary Mnuchin says the countries are seeking to gain unfair trade advantages. Others, such as China, Japan and Germany remain on a “monitoring list,” alongside newcomers like India, Taiwan and Thailand. US Treasury Secretary...
Deflation is portrayed as the great economic scourge. It exacerbates debt servicing costs and encourages consumers to defer purchases. Central banks in Japan and Europe have responded with aggressive, unorthodox measures, often combining asset purchase...
Pauper or billionaire: Switzerland prepares for a vote on a basic income for all. Here are the arguments pro and con – and why the referendum is most likely to fail. To work or not...
Transparency International has said governments in many OECD nations have become less inclined to fight companies that use bribery to get contracts abroad. It cited budgetary reasons to be behind the backsliding. The anti-corruption watchdog...
