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Switzerland

Capital: Bern ; GDP growth (annual %) 2016 : 1.3%

Swiss M3 Money Supply Growth Steady At 4%

Switzerland's money supply increase remained stable in July, the Swiss National Bank said Monday.

The broad monetary accumulation M3 grew 4 % year-on-year in July, the same rate as seen in June.
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The Swiss Stock Market Climbed Despite Weakness Among Financial Stocks

The Swiss stock market ended Friday's session with a modest gain. Next a brief dip into negative territory in the morning, the market remained stuck in a range throughout the day.

The index heavyweights provided support to the in general market Friday. However, financial stocks were under pressure next a trio of major U.S. banks reported results.
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Crimea: Circumventing Trade Sanctions Via Novorossiysk

Despite trade sanctions, Crimea is maintaining connections to international markets. Crimean traders are performing some logistical gymnastics to skirt sanctions, in particular transiting goods through the Russian port of Novorossiysk.

On paper, of course, Crimea is experiencing a severe trade crisis. Official statistics indicate that Crimea’s import volume in 2016 shrank by a full third compared to the 2015 level, a drop of $33.6 million. Exports fell by $31.8 million, a 40-% decline from 2015. The city of Sevastopol, which is not formally part of the Republic of Crimea, reported a 12.6 % fall in its imports and 66.8 % fall in its exports in the same period, with volumes shrinking to $33.4 million and $5.9 million, respectively.
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Key Facts: Full name: Swiss Confederation
Population: 7.7 million (UN, 2011)
Area: 41,284 sq km (15,940 sq miles)
Major languages: German, French, Italian, Romansch
Major religion: Christianity
Life expectancy: 80 years (men), 85 years (women) (UN)
Monetary unit: 1 Swiss Franc = 100 Rappen
Main exports: Machinery and electronics, chemicals, precision instruments, watches
GNI per capita: US $76,380 (World Bank, 2011)
Internet domain: .ch
International dialling code: +41

top news

Climate change laws around the world
2017/05/14
There has been a 20-fold increase in the number of global climate change laws since 1997, according to the most comprehensive database of relevant policy and legislation.

The database, produced by the Grantham Research Institute on Climate Change and the Environment and the Sabin Center on Climate Change Law, includes more than 1,200 relevant policies across 164 countries, which account for 95% of global greenhouse gas emissions.

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Brexit negotiations should treat energy as ‘special case’
2017/05/14
There are strong practical reasons why the UK and EU should treat energy as a appropriate case during Brexit negotiations, argues a new statement.

The statement, jointly authored by Chatham Home, the University of Exeter and the UK Energy Research Centre (UKERC), says finding common ground on energy during the Brexit negotiations would benefit both the UK and remaining EU27, while compromise may be relatively easier to achieve than for other areas.

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Swiss franc fallout claims more casualties
2015/01/21
A leading European foreign exchange broker filed for government on Monday and a Danish bank conceded it faced heavy losses as the UK’s market regulator stepped in to assess the damage wreaked on the industry by last week’s violent swing in the Swiss franc.

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Chinese premier Li and Swiss President
2013/05/27
Chinese Premier Li Keqiang published on Thursday a signed article titled "Why Switzerland?" in Neue Zuricher Zeitung, a German-language Swiss daily ahead of his visit to the European country.

Switzerland is the prime European destination on the inventory of nations I will visit next becoming China's premier. In Chinese culture, being "prime" always carries symbolic meaning. My choice of Switzerland is in no way haphazard: we have got a few significant things to do here. They are amount landmark events in China's opening-up, and they amount have something to do with Switzerland.

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