Yesterday Switzerland voted on whether its central bank should be holding more gold as a proportion of its total assets. Gold currently makes up for around 7% of the total assets of Swiss National Bank, the country’s central bank. 1,180 more words
Tags » Swiss Peoples Party
The past few days have been full of amazing political events.
While everybody, IFO included, is laughing at the ineptness of the Russian kleptocrats in getting hotels and other services up and running in time for the Olympics in Sochi Russia, the beginnings of what may become a political tidal wave has begun to gather steam. 484 more words
Sunday, 16 February 2014
Switzerland has refused to sign a protracted deal with Croatia, initially agreed over a year ago, which would have given Croatians unrestricted access to the Swiss employment market. 260 more words
With most of the votes counted, a Swiss referendum on whether to bring back strict immigration quotas appears to have passed by a narrow margin. Between 50.5% and 51% voted in favour of measures which would end the Swiss-EU free movement of people agreement. 215 more words