Tag Archives: Politics

Swiss foreign minister Ignazio Cassis, left, and Afghan finance minister Abdul Hadi Arghandiwal. Keystone / Valentin Flauraud At an international conference in Geneva to source funding for Afghanistan, Switzerland has renewed its annual CHF26 million ($28.48 million) pledge for another four years. The Swiss contribution, which will amount to CHF104 million up to 2024, is earmarked for projects to promote the rule of law, agriculture, and education, the foreign...

Swiss Franc The Euro has risen by 0.04% to 1.0808 EUR/CHF and USD/CHF, November 24(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The contrast between the eurozone and US preliminary PMI readings caught the short-term market leaning the wrong way, and the dollar snapped back after extending its recent losses. However, today the US dollar is back on its heels and returning to yesterday’s lows against most major...

© Lauvergnat Laurent | Dreamstime.com Public worker absenteeism in Geneva costs at least CHF 285 million, according to Heidi.news, which calculated the sum based on information contained in an internal document. According to the news service the cost of absenteeism, which continues to rise, is equivalent to 11% of the 2.54 billion spent public sector workers’ salaries in 2019 and 3% of the canton’s total public sector spending that year. This is the first time that...

Public worker absenteeism in Geneva costs at least CHF 285 million, according to Heidi.news, which calculated the sum based on information contained in an internal document. © Lauvergnat Laurent | Dreamstime.comAccording to the news service the cost of absenteeism, which continues to rise, is equivalent to 11% of the 2.54 billion spent public sector workers’ salaries in 2019 and 3% of the canton’s total public sector spending that year. This is the first time that such information has...

Implications for precious metals investors As the long-awaited “second wave” of the corona pandemic sweeps through Europe, another round of severe restrictions, travel bans and rules that prevent the proper function of international business and trade threatens to once again disrupt all kinds of sectors, including the gold industry. Lockdown 2.0 Until only a couple of months ago, multiple heads of state, government officials and all kinds of experts were openly...

Implications for precious metals investors As the long-awaited “second wave” of the corona pandemic sweeps through Europe, another round of severe restrictions, travel bans and rules that prevent the proper function of international business and trade threatens to once again disrupt all kinds of sectors, including the gold industry.  Lockdown 2.0 Until only a couple of months ago, multiple heads of state, government officials and all kinds of experts were openly...

Money – sound and unsound - Click to enlarge Interview with Rafi Farber: Part II of II Rafi Farber, pen name Austrolib, is the publisher of The End Game Investor, a daily market commentary written from an Austrian economics perspective focusing on precious metals, the Comex, and monetary analysis. His work is followed by leaders in the precious metals industry including Eric Sprott. He also writes a weekly column on the gaming industry at CalvinAyre. Contact him...

Interview with Rafi Farber: Part II of II Rafi Farber, pen name Austrolib, is the publisher of The End Game Investor, a daily market commentary written from an Austrian economics perspective focusing on precious metals, the Comex, and monetary analysis. His work is followed by leaders in the precious metals industry including Eric Sprott. He also writes a weekly column on the gaming industry at CalvinAyre. Contact him at [email protected] Claudio Grass (CG):...

Interview with Rafi Farber – Part I of II By now it is probably obvious, even to the most naive of mainstream narrative followers, that we are well past the point of no return on many fronts. Politics, on a national and global level, are never getting back to “normal”, the economy is already knee-deep in a severe recession, while social frictions and public discontent with governments, institutions and all kinds of rulers and central planners is on a sharp and...

Interview with Rafi Farber – Part I of II By now it is probably obvious, even to the most naive of mainstream narrative followers, that we are well past the point of no return on many fronts. Politics, on a national and global level, are never getting back to “normal”, the economy is already knee-deep in a severe recession, while social frictions and public discontent with governments, institutions and all kinds of rulers and central planners is on a sharp and dangerous...