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Swiss Central Bank Reports $17.7B Half-Year Profit

Swiss Central Bank Reports $17.7B Half-Year Profit

USDAILY – GENEVA  — Switzerland’s central bank posted a profit Thursday of 16.1 billion Swiss francs ($17.7 billion) for the first half of the year, a big turnaround from its loss of 9 billion francs for 2013. The Swiss National Bank’s profit is largely based on gains in the gold, foreign exchange and capital markets, but […]

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Chinese Town Protests over Trash Incinerator

Chinese Town Protests over Trash Incinerator

USDAILY – Residents of a town in southern China who oppose a planned trash incinerator have protested for a second weekend and the local government promised not to proceed without public approval. People “illegally gathered” on Saturday to protest in Boluo County in Guangdong, according to a statement by police. It gave no details but […]

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