Switzerland

President Donald Trump has said that he has signed letters to 12 countries, detailing the tariff rates they would face on exports to the United States.  What Happened: According to a Reuters report, these “take it or leave it” offers are set to be dispatched on Monday. Trump did not...

Swiss National Bank (SNB) President Martin Schlegel firmly stated that the SNB has no plans to invest in crypto assets, citing their unsuitability for monetary policy due to value fluctuations, lack of liquidity and an inadequate legal framework. Addressing the media on Thursday, Schlegel addressed...

Religion could be the next sector impacted by the rise of artificial intelligence. What Happened: When it comes to the good and bad for artificial intelligence, one of the common fears is that AI will take people's jobs. While the job of a priest or religious figure might seem safe in the world of...

The ongoing conflicts involving Russia-Ukraine and the Middle East nations as well as the threat of escalating tensions between China and Taiwan could be the perfect recipe for a looming world war. Tesla CEO Elon Musk on Sunday said one nation could remain immune to such a predicament. What...

In a landmark move for the global cannabis industry, Wana Brands, a leading cannabis edibles company, is set to become the first American brand to introduce cannabis-infused edibles to Europe, as reported in Forbes by Javier Hasse. The company announced a strategic partnership with Switzerland-...

As the entire cannabis world is abuzz and cannabis stocks are shooting through the roof with the potential United States rescheduling of cannabis to Schedule III and Germany likely rescheduling cannabis off the narcotics list, forecasters are looking beyond the major markets of U.S., Canada and...

In a significant move, Swiss building materials giant Holcim Ltd (OTC:HCMLY) has announced its plans to list its North American business on the New York Stock Exchange. The company also revealed a new CEO for its operations. The spin-off is expected to value the business at $30 billion. What...

Editor’s note: the photo on this story was of the incorrect subject and has been replaced.In a bid to draw foreign investors, Chinese Premier Li Qiang interacted with top global business leaders at the World Economic Forum in Davos, Switzerland. What Happened: On Tuesday, Li met with the...

U.S. defense forces targeted and destroyed four Houthi missiles in Yemen on Tuesday, in what was described as a preemptive action. What Happened: The U.S. Central Command stated, “These missiles were prepared to launch from Houthi-controlled areas of Yemen and presented an imminent threat to...

Santander Private Banking International is now offering affluent clients in Switzerland the opportunity to trade and invest in major cryptocurrencies. What Happened: According to CoinDesk, citing a memo, Santander — a division of the Spanish banking powerhouse Banco Santander — plans to...

St. Galler Kantonalbank (SGKB), Switzerland’s fifth-largest cantonal bank, in partnership with SEBA Bank, launched digital asset custody and brokerage services for Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) for its clients. The contract was signed in early 2023 post a short...

The Monetary Authority of Singapore (MAS) will be partnering with the Financial Services Agency of Japan (FSA), the Swiss Financial Market Supervisory Authority (FINMA) and the United Kingdom’s Financial Conduct Authority (FCA) to advance digital asset pilots. Industry titans BlackRock,...

In a groundbreaking move, the Swiss Federal Office of Public Health (BAG) has granted approval to the Swiss Institute for Addiction and Health Research (ISGF) and the Sanity Group to initiate a pilot study on the controlled dispensing of recreational cannabis in the canton of Basel-Landschaft. This...

The 21st century is famously known for the rise of smartphones, social media, GPS navigation, drones and many other things including blockchain and cryptocurrency, two names that have also seen rapid growth.  Blockchain provides a method to secure and distribute knowledge, data ...

The USD/CHF is currently forming a descending wedge pattern, hinting at a potential turnaround and reversal in its downward trajectory. Over the past nine months, the USD has experienced a steady decline against the Swiss Franc, and it appears to be nearing the end of stage 4, preparing to...