Economy & Business

Paper Treaties and Projectiles: The Illusion of Security in the Strait of Hormuz

As commercial vessels take fire and sea mines proliferate, the provisional agreement between Washington and Tehran collapses under the weight of reality.

The Sixty-Day Illusion: Drone Strikes and Retaliation Shatter the Hormuz Ceasefire

Global commerce takes another hit as Washington and Tehran trade fire in the world's most volatile maritime chokepoint.

Swiss Butchers Are Learning the Price of Survival

Fewer shops, bigger bets, and a trade that is being forced to grow up

Hans Meyer, the SNB man who preferred systems to speeches, dies at 90

Im Dienst der SNB

When Heat Meets Thin Margins: Fenaco’s Warning to Swiss Agriculture

The cooperative says weather shocks and geopolitical turmoil are eroding food security, while its own expansion is meant to buy resilience.

Sweating in the Alps: Switzerland's Expensive Climate Awakening

A wealthy nation discovers its infrastructure was built for a climate that no longer exists.

The Bureaucracy of Sweat: Europe's Climate Adaptation Fantasy

The Price of Paradise: Lisbon Tops Europe's List of Cities Where Homes Are Out of Reach

Portuguese house prices have risen 240% in a decade while wages grew just 59%. Only Split in Croatia matches Lisbon's eye-watering price-to-income ratio of 18.7.

Prime Cuts and Primitive Fraud: The Illusion of Swiss Food Safety

A wholesale meat scandal exposes the banal reality behind a wealthy nation's pristine self-image.

A Nation Grinds to a Halt: The Collapse of the German Railway

A nationwide communication failure at Deutsche Bahn exposes the fragility of Germany's crumbling infrastructure.