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Swiss Franc

Swexit: How Switzerlands' Prudent Economic Policies Got It Into Trouble

OpedSpace | Posted 03.30.2015 | Business
OpedSpace

On January 15, the Swiss National Bank (SNB) shocked international markets by abandoning the 3-year-old exchange rate floor of 1.20 Swiss Franc (CHF) per Euro (EUR). Put simply, this means that the SNB stopped spending billions of Swiss Francs to buy euro-denominated bonds.

Swiss National Bank: Well Played!

Janet Tavakoli | Posted 03.18.2015 | Business
Janet Tavakoli

The market reaction was brutal, punishing the Euro and every foreign exchange and options trader on the wrong side of this trade. Some forex trading firms will go under. Foreign exchange trading desks within banks are, of course, part of ongoing unwilling taxpayer largesse.

Ben Walsh

Where Scotch Costs $41 A Glass, And Everyone Can Afford It

HuffingtonPost.com | Ben Walsh | Posted 01.20.2015 | Business

A glass of Johnnie Walker Blue is up $6 to $41 at the Belvedere Hotel in Davos, where many delegates stay and everyone wants to stay. The thing about Davos, though, is that it was already incredibly expensive.

"Bezaubern" Zurich on a Short Business Trip

Magda Abu-Fadil | Posted 08.27.2011 | Travel
Magda Abu-Fadil

Feasting my eyes on hand-made Swiss chocolate while on a business trip to Zurich was sheer nirvana. We're talking serious chocolate, the kind made fresh daily by hand in front of admiring aficionados.