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SNB & CHF

Visiting Kari Voutilainen’s watchmaking atelier

Finnish master watchmaker Kari Voutilainen recently opened a new atelier in Canton Neuchâtel. Voutilainen could in some ways be described as the Lionel Messi of fine watchmaking. To his credit are no fewer than eight prizes at the Geneva Watchmaking Grand Prix, one of the most prestigious award ceremonies in the industry. His timepieces are snapped up around the globe by wealthy collectors, most notably in the United States, and at stratospheric prices. ‘Entry-level’...

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Devisen: Euro gibt etwas nach – Fed-Konjunkturbericht ohne Einfluss

Auch zum Franken hat der Dollar an Wert verloren notierte bei 0,9214 Franken nach 0,9228 Franken am Nachmittag. Der Euro blieb zum Franken unverändert bei 1,0895 Franken. Die Devisenexperten der Raiffeisen Schweiz rechnen damit, dass der Franken in den kommenden Monaten insbesondere zum Euro Stärke zeigen wird und der Kurs in Richtung der Schwelle von 1,07 und bis in einem Jahr allenfalls gar bis auf 1,06 Franken zurückfallen könnte. Die Schweizerische Nationalbank...

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SNB-Vize: Franken ist weiterhin hoch bewertet

Die Schweizerische Nationalbank (SNB) hält den Franken trotz der jüngsten Abschwächung weiter für hoch bewertet. "Für uns ist es klar, auch auf dem jetzigen Niveau ist der Franken nach wie vor hoch bewertet", sagte SNB-Vizepräsident Fritz Zurbrügg am Mittwoch beim Zentralschweizer Wirtschaftsforum. [embedded content] You Might Also Like SNB Sight Deposits: Inflation is there, CHF must Rise...

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A giant water battery in the Swiss Alps

The amount of electricity that can be stored thanks to the new pumped-storage and turbine power station in Nant de Drance, canton Valais, could charge more than 400,000 electric car batteries. Its director explains the role of this "water battery" for electricity supply and grid stabilisation in Switzerland and Europe. “The electric storage capacity of the reservoir surpasses that of 400,000 electric car batteries,” explains Alain Sauthier, engineer and director of the...

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An alternative life of Swiss luxury

Thomas Brunschwig leads an unconventional life. He is a self-confessed outsider who has found his sustainable, spiritual paradise in a Bernese farmhouse filled with various Indian and Chinese instruments and sculptures – and four zebu cattle. The zebu produce neither milk nor meat. In fact he says the only useful thing they produce is dung, the fuel of fire in the Vedic religion. “Technically, if I calculate the income from selling dried cow pats, they are...

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Afghan women face an uncertain future

One of the big questions since the Taliban seized power in Afghanistan is what will become of Afghan women. When the militant group last ruled the country, women and girls were barred from schools, universities and jobs, and had to veil from head to toe in public. The Swiss-based non-profit group Geneva Call has been active in Afghanistan for several years, trying to improve the protection of women in particular. Marie Lequin, Head of the Eurasia region, says its local staff, some of whom...

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Personalien – SNB-Präsident Jordan nach medizinischem Eingriff in Auszeit

Der Eingriff habe sich nach einer Vorsorgeuntersuchung als notwendig erwiesen und sei erfolgreich verlaufen, teilte die Schweizerische Nationalbank (SNB) am Montag mit. Thomas Jordan befinde sich in guter Verfassung. Weitere Angaben zur Art der Krankheit Jordans machte die SNB nicht. Wie der “Tages-Anzeiger” online aber berichtet, soll es sich um eine Operation am Herzen gehandelt haben. Das Portal beruft sich dabei auf eine “gut unterrichtete Quelle”. Auch die...

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“Die Nationalbank ist an vielen Fronten gefordert (Challenges for the Swiss National Bank),” NZZ, 2021

NZZ, August 10, 2021. PDF (title changed by NZZ). Should the SNB follow the Fed and the ECB and rework its strategy? There is a case for rethinking the broad inflation target, the monetary policy concept, and the communication strategy. Equally important is a strategy review outside of the SNB: The SNB cannot and must not decide about the framework within which it operates. Conclusion: Daher ist eine Strategieüberprüfung inner- und ausserhalb der SNB sinnvoll....

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3 essential items for Swiss urban swimming

People in Switzerland are really into urban open water swimming, especially with rivers running through cities like Basel, Bern and Zurich. In this video that originally appeared live on our Facebook page, Susan Misicka and Taylor deGraffenried show you some must-have items for taking the plunge. They also share tips for a relaxing and safe swim. You can also listen to our podcast, The Swiss Connection, to hear about a Swiss woman who is so passionate about river swimming that she's being...

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