Cross border workers in the middle of political havoc ahead of elections09 April 2018
As Switzerland prepare for elections in cantons on April 15, once again cross border workers are one of the issue heavily talked about in the political built-up. Cross border workers are targeted by populist and conservative parties, especially in Geneva.
FINMA’s chief warns banks on cyber threats, the US legendary investor speaks on Swiss crypto nation03 April 2018
Swiss Financial Market Supervisory Authority FINMA chief Mark Branson has urged banks to do more to handle cyber threats, especially referring to security issues connected to digital currencies. Additionally, Tim Draper has given his opinion on Swiss recent idea to become a crypto nation.
New data on Swiss fintech market, partial unemployment benefits26 March 2018
Some of recently published data confirms Switzerland status as fintech hub, as well as its potential for becoming cryptocurrencies valley. In other news, a report on partial unemployment benefits, the solution which introduction in companies was eased in 2009, confirms the idea was good and indeed help saving jobs.
Swiss Franc reacts slightly to the highest KOF economic barometer in 7 years30 October 2017
The Swiss Franc exchange rate was unimpressed by beating-forecast result of KOF economic barometer in October. The Switzerland’s KOF leading indicator outcome for this month was announced on the Monday morning and turned out to be on the highest level since Sept. 2010.
Euro fell half a percent after three days in a row climb as ECB announced its cautious QE move26 October 2017
The good run of the euro has abruptly came to an end on Thursday afternoon, after the European Central Bank had finally announced its decision on continuation of loose monetary policy that has been conducted for years now. The cautious move of halving the stimulus, saw EUR/USD exchange rate fell to 1.1722 dollars.