economy

This is not stagflation

The current environment of rising commodity prices, high inflation and strong geopolitical uncertainty is quite logically reminiscent of the 1970s, and therein raises the threat of “stagflation”. However, this environment does not exactly present the characteristics of stagflation, which is defined simultaneously by high inflation, low growth and above all a high unemployment rate. The …

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About 300 bankers will examine the debt in Neuchâtel

About 300 bankers from all over Switzerland gathered late Thursday afternoon in Neuchâtel to discuss global debt, which has reached an all-time high. Federal Councilor Guy Parmelin recalled that the situation is very tense in terms of energy. “The times we are going through put the most optimistic to the test,” said the head of …

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