Writing

The US ambassador in Bern, Scott Miller, is not satisfied with the Seco. ‘Certain comments’ from Seco Secretary of State Helene Budliger Artieda worry him, he says, ‘because they question the usefulness of sanctions’. For the ambassador, the sanctions against Russia are also difficult to implement: ‘It is above all the State Secretariat for Economic … Read more

The Silicon Valley Bank (SVB) was closed on Friday by the American authorities, causing a slight wind of panic on the financial markets. It is the largest bank failure in the United States since the 2008 financial crisis. The bank was no longer able to cope with the massive withdrawals of its customers, mainly technology … Read more

The US economy created fewer jobs in February than in January, but more than expected, and the unemployment rate rose, the Labor Department said on Friday. 311,000 jobs were created last month, compared to 504,000 in January (figure revised downwards). Analysts were expecting 205,000 creations. As for the unemployment rate, it climbed to 3.6%, after … Read more