Switzerland

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"Ms. Merkel Invited Me": Refugee Sex Assaults Reported In Finland, Switzerland, Austria





Reports now suggest the string of sex assaults allegedly perpetrated by asylum seekers on New Year's Eve wasn't confined to Germany as women in Switzerland, Austria, and Finland say they experienced similar attacks to those which occurred in Cologne. Germany now says it's prepared to deport those responsible, while little by little, Angela Merkel's rheotric is shifting.

 
Tyler Durden's picture

5,000 Swiss Army Troops Will Protect World's Billionaires During Annual Davos Boondoggle





With a new wave of terrorism, mass shootings and unprecedented social violence around the globe now a part of the daily routine for billions of people across both developed and developing nations, one group wants to be certain there is no chance of "close encounters", violent or otherwise, with the peasantry during its upcoming annual boondoggle at the World Economic Forum in Davos. According to Swissinfo, when the world's billionaires land their private jets in the gorgeous Swiss town (which at 1,560 m is also the highest town in Europe) on January 20, they will have up to 5,000 Swiss army troops protecting them.

 
Tyler Durden's picture

Denmark Hikes Rates As Draghi's "Hawkish" Ease Relieves Peg Pressure





When Mario Draghi “disappointed” markets in December by “only” cutting the depo rate by 10 bps and “merely” extending PSPP by six months while electing not to expand monthly asset purchases, the Riksbank, the Nationalbank, the Norges Bank, and the SNB all breathed heavy sighs of relief. And while we doubt the ECB is done when it comes to going "full-Krugman" (as it were), Mario Draghi’s “hawkish” ease did buy his counterparts some breathing room. Case in point: Denmark just hiked.

 
Tyler Durden's picture

Enough Already! It's Time To Send The Despicable House Of Saud To The Dustbin Of History





For more than four decades Washington’s middle eastern policy has been dead wrong and increasingly counter-productive and destructive. Washington’s Mideast policy is predicated on the assumption that the answer to high oil prices and energy security is deployment of the Fifth Fleet to the Persian Gulf. And that an associated alliance with one of the most corrupt, despotic, avaricious and benighted tyrannies in the modern world is the lynch pin to regional stability and US national security. Nothing could be further from the truth. The House of Saud is a scourge on mankind that would have been eliminated decades ago, save for Imperial Washington’s deplorable coddling and massive transfer of arms and political support.

 
Tyler Durden's picture

Guns Don't Cause Suicide





Homicide rates in the United States have been declining for 20 years as the number of privately-held guns in the US has increased substantially. In some states, such as New Hampshire and Oregon, which have very weak gun laws, homicide rates are remarkably low, and these states are among the safest places on earth. As homicide rates have declined, however, and gun-related homicides with them, gun-control advocates have attempted to create a new category of "gun violence" by blaming suicides on access to guns.

 
Tyler Durden's picture

Central Bank Money Printing - The Rotten Philosophy That Lies Beneath





Taking away from the government its power of compelling the citizenry to accept money that it monopolistically controls and abuses may serve as an important legal and economic change to force the government and those who live at its spending trough to face the reality of the welfare state’s ideological and fiscal bankruptcy before it is too late to avert a complete collapse of the society.

 
Tyler Durden's picture

The Drain Continues: U.S. Exports More Gold To Hong Kong Than It Produces





As the Federal Reserve continues to prop up the highly leveraged debt based financial industry, the flow of U.S. gold heading East picked up significantly. According to the USGS most recently released survey, Hong Kong received 56% of total U.S. gold bullion exports in September.

 
Sprott Money's picture

THE DRAIN CONTINUES: U.S. Exports More Gold To Hong Kong Than It Produces





Unfortunately, this is not a sustainable financial or economic business model for the West.

 
GoldCore's picture

Gold Bullion’s 2016 Upleg





Gold is poised to rebound dramatically this year, mean reverting out of its recent deep secular lows. The drivers of gold’s weakness have soared to such extremes that they have to reverse hard. The resulting heavy buying from dominant groups of traders will fuel gold’s 2016 upleg.

 
Tyler Durden's picture

What Does The Future Hold For Negative Rates In Europe? Goldman Answers





While the market might have been disappointed by the ECB’s “underdelivery in December, it came as a relief for the Riksbank, the SNB, the Norges Bank, and the Nationalbank who are effectively forced to cut each time the ECB eases or risk seeing upward pressure on their respective currencies. That dynamic has led to a veritable race to the Keynesian bottom with Norway as the last man standing in terms of conducting monetary policy with rates above zero. As we enter the new year, a number of questions remain regarding Europe's headlong plunge into NIRP-dom.

 
Tyler Durden's picture

On The Trail Of Dubai's Stolen Gold: A Robbed Client Breaks The Silence, And A Fascinating Detail Emerges





The deeper we dig into the story of Dubai's vaporized gold, the more skeletons just tumble out of the closet on what may be the world's biggest gold smuggling ring ever, one involving not just Turkey and Iran, but the mother of all gold smuggling: China itself...

 
Tyler Durden's picture

Gun Sales Surge In Switzerland As Army Chief Warns "Arm Yourselves"





It would appear the people of Switzerland have been listening to their military leaders. Having recently been warned by the Swiss army chief of growing social unrest, SwissInfo reports applications for gun permits in Switzerland increased by 20% between 2014 and 2015, according to a survey conducted in 12 cantons. But while the army proposes "arm yourselves," Swiss crime prevention officials warn against the false sense of security that guns bring. And while the Swiss go about their legal business of arming themselves, President Obama is preparing to unleash another weapon - the executive order - to enact gun-control legislation.

 
Tyler Durden's picture

What's Ahead In 2016 - Key Events Of The Next 12 Months





Elections, elections, and more elections is the 'regime change' meme for 2016 but, as Bloomberg details, the key events of the year ahead vary from a California marijuana referendum to Brazil's Olympics, and from Davos to SCOTUS. No matter what, 2016 holds a lot of opportunity for volatility, and without The Fed's safety net, who knows what that means for markets...

 
Tyler Durden's picture

Darkness Falls Upon Norway’s Key Figures Going Into 2016





As we move into winter, darkness has fallen up on us. Oil, ca. 65% of the nation’s economy, will not see the required $70 barrel anytime soon. American innovation, once again, turns a scarce resource into an abundant commodity. Despite optimistic Norwegian media articles, the potential for $20 per barrel looms. Production overwhelms demand while inventories rise to record highs. Although, still considered the best place to live, the cracks, in the oil based economy, are forming.

 
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