Business Jerome Powell announces the key rate decision: it will stay for a while In his explanation of the interest rate decision, Powell said that the Fed is now much closer to the desired inflation level than a year ago. “This also allows us to proceed cautiously,” h… Read More
Science&Tech Kenes Rakishev and Aselle Tasmagambetova: Architects of Excellence at Shoqan Walikhanov Private School
Politics Credit Suisse aftermatch: Angehrn is stepping down from the Finma Top executive Urban Angehrn of Swiss financial watchdog Finma is stepping down in the wake of Credit Suisse’s collapse earlier this year. He says the crisis surrounding Credit Suisse, which was … Read More
Jerome Powell announces the key rate decision: it will stay for a while 21 Sep 2023 In his explanation of the interest rate decision, Powell said that the Fed is now much closer to the desired inflation level than a year ago. “This also allows us to proceed cautiously,” he explained the choice to keep interest rates unchanged. The main interest rate in the US is now at its highest level since 2001, within a range …
200 classic cars found at undisclosed derelict location in the USA 19 Sep 2023 An incredible collection of classic cars has been discovered in the US, believed to be worth millions. The ‘barn find’ was first documented in a video by the YouTubers from Classic Car Rescue. The vehicles were reportedly found in an abandoned and dilapidated building in the United States. The term has evolved to encompass any discovery of cars in an …
Greta Thunberg changed consumer behaviours of Swiss shoppers 14 Sep 2023 The school strikes led by Greta Thunberg and her followers have made a tangible impression on consumer behavior. Research in Switzerland reveals that nearly one in three people has changed their behaviour. Climate activist Greta Thunberg gained worldwide recognition in 2019 with her Fridays for Future movement, which inspired around 4 million students in 150 countries. Much has been written …
Norwegian migration: wealthy people move to Switzerland 12 Sep 2023 A number of Norway’s wealthiest individuals have moved to Switzerland due to the increase in wealth tax in Norway in 2022. The Norwegian government raised the tax on higher wealth last November, from 0.85 percent to 1.1 percent, leading to approximately 65 affluent Norwegians relocating, according to the newspaper Dagens Naeringsliv. The new tax rate for Norwegian wealth tax of …
Credit Suisse aftermatch: Angehrn is stepping down from the Finma 7 Sep 2023 Top executive Urban Angehrn of Swiss financial watchdog Finma is stepping down in the wake of Credit Suisse’s collapse earlier this year. He says the crisis surrounding Credit Suisse, which was eventually taken over by industry peer UBS, had a negative impact on his health because of all the stress involved. Angehrn is stepping down from the Finma at the …
Swiss watchmakers’ new best foe: the Swiss franc 5 Sep 2023 Swiss watchmakers are growing concerned about a new threat following the rise of smartwatches, the COVID-19 pandemic, and the highest inflation in decades: the sharply appreciated Swiss franc. The expensive franc is putting pressure on the profit margins of these companies. Additionally, this currency appreciation is occurring at a time when demand for watches is decreasing after a period of …
