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HomeSwitzerland

Switzerland

Massive
Bankruptcy

Massive Hedge Fund, Also Known As Swiss National Bank, Suffers Colossal $143 Billion Loss In 2022

January 10, 2023 Allen Santos

The last time we looked at the massive money-printing (literally) hedge fund that also moonlights as the Swiss National Bank, we were stunned to learn that its US equity holdings had exploded to a record […]

sustainable
ESG

Switzerland to implement sustainable fund label rules amid greenwashing concerns

January 3, 2023 Mariel Alumit

The Swiss Federal Council is set to implement new sustainable fund rules for asset managers which label their products “sustainable”, “green” or “ESG” in a bid to crack down on greenwashing. Under new proposals by the Swiss […]

Electric Vehicle
Climate Crisis

Switzerland May Ban EVs Amid A Threat Of Blackout

December 4, 2022 Allen Santos

As Switzerland is confronted with the threat of possible blackouts this winter, the government is looking at becoming the first country to legally limit Electric Vehicle (EV) usage in order to lessen the strain on […]

Switzerland
Aljazeera International

Photos: Brazil notches 1-0 victory against Switzerland

November 28, 2022 Allen Santos

Despite the absence of superstar Neymar, Brazil have fought their way to a 1-0 victory over Switzerland at Doha’s Stadium 974 to advance to the knockout stage of the World Cup. After a disallowed goal […]

nuclear
Crude Oil News

U.S. Nuclear Reactors Among The Oldest In The World

November 23, 2022 Mariel Alumit

The United States’ 92 nuclear reactors currently in operation have a mean age of 41.6 years, the third oldest in the world. The only nuclear fleets that are older are those of Switzerland (46.3 years) […]

Financial Markets

All Three Indexes Decline Thursday Off Fed’s Hike The Daily Financial Trends

September 23, 2022 Allen Santos

Stocks were down at the close Thursday after a volatile session following the Federal Reserve’s announcement of a third consecutive 75 basis point hike to the benchmark fed funds rate. The S&P 500 was down […]

Financial Markets

Switzerland Is Stocking Up On Russian Gold The Daily Financial Trends

September 23, 2022 Allen Santos

Switzerland is now purchasing Russian gold at the highest rate in over two years, according to a new Bloomberg report. In August, the major refining hub purchased 5.7 tons of the metal, at a cost […]

Switzerland
Climate Crisis

Green Champion Switzerland: Jail Time If you Heat Your Home Above 19C / 66F

September 9, 2022 Allen Santos

2022 September 8 Green Champion Switzerland: Jail Time If you Heat Your Home Above 19C / 66F Switzerland WEF Transition Ranking 2021. Source World Economy Forum, Fair Use, Low Resolution Image to Identify the Subject INTERMITTENT […]

Switzerland
Industry Insights

Green Champion Switzerland: Jail Time If you Heat Your Home Above 19C / 66F

September 8, 2022 Allen Santos

​ Essay by Eric Worrall Switzerland is considering imposing three year jail sentences on anyone who turns up the thermostat, if energy rationing is imposed. Switzerland considers JAILING anyone who heats rooms above 19C for […]

mobile gas turbines
Energy Crisis

Switzerland buys mobile gas turbines as energy backup for winter – But do they have the gas?

September 4, 2022 Stu Turley

The procurement is the first contract signed under the governing Federal Council’s recent agreement to provide for back-up power plants. This measure will supplement the country’s hydropower reserves, which can be used in a targeted […]

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US Energy News

Smartphone
Crude Oil News

U.S. petroleum product exports set a record high in 2022

March 20, 2023

March 20, 2023 Data source: U.S. Energy Information Administration, Petroleum Supply Monthly Note: HGL=hydrocarbon gas liquids In 2022, the United States set a new record for petroleum product exports, up 7% from 2021, according to […]

Duke
Electrical Generation

Duke Energy Begins Construction on Two New Solar Sites in North Florida

March 20, 2023

Solar projects in Bay and Madison counties add to the company’s growing renewable generation portfolio At peak output, each site will generate enough carbon-free electricity to power nearly 23,000 homes ST. PETERSBURG, Fla., March 17, 2023 […]

Mexico
Crude Oil News

More than 3,000 acres of New Mexico public land being sold for oil and gas amid protests

March 20, 2023

A sale of New Mexico’s public land to the oil and gas industry was expected in May with lands going to auction throughout the Permian Basin in the southeast corner of the state. The auction scheduled […]

Crude Oil News

U.S. raises the offshore rig count ante

March 20, 2023

Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States was on the upswing last week with three units added to the mix. The total number of rigs […]

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