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PARLIAMENT 'CIRCUMVENTED'The Credit Suisse/UBS merger marked the first time that parliament had withheld its support for emergency laws designed to deal quickly with crises. Swiss Finance Minister Karin Keller-Sutter defended the use of the emergency powers, saying Switzerland was not an "emergency dictatorship." "The emergency law is based on the federal constitution and I don't think it's correct to say it's illegal." "Politicians might have wanted to show their disapproval about what happened, but they don’t want the UBS takeover to fail." The use of such emergency legislation, overturning antitrust rules, is a problem for Swiss democracy and rule of law.

☆ Exclusive: Gunvor to expand in United States after strong profits - CEO
▼ + stars: | 2023-03-22 | by ( Julia Payne | ) www.reuters.com time to read: +3 min

REUTERS/Dado Ruvic/Illustration/File PhotoSummarySummary Companies Gunvor on hiring kick, to expand in U.S. power, oil and LNGCEO says Europe only covered half of missing Russian gasCEO has been in dialogue with ADNOCLAUSANNE, Switzerland, March 21 (Reuters) - Energy trader Gunvor made strong profits last year and is looking to expand its oil trading and develop a significant power trading arm in the United States, its CEO told Reuters. Gunvor, traditionally focused on oil and gas, metals and bulk commodities, has in recent years also begun trading power in Europe. Tornqvist said the firm's traded oil and LNG volumes are more than 3 million barrels per day of oil equivalent. "We are looking at whether to take a provision on our books for 2022," Tornqvist said. As co-founder of Gunvor, Tornqvist remains the majority owner of the company but his stake slipped to 85.7% at the end of 2022, down from 88.4% year-on-year.

☆ The small European nation of Switzerland beat sky-high inflation. Here's how
▼ + stars: | 2023-02-27 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +8 min

watch nowZURICH — As many countries across the globe battle stubbornly high inflation, the rise in prices has been far less dramatic in Switzerland, a small mountainous nation in western Europe. The stability of the Swiss francAnother reason for Switzerland's relative price stability stems from the strong Swiss franc. While many currencies plunged against an appreciating U.S. dollar, the Swiss franc held steady amid volatility in Europe. The Swiss franc is heavily backed by large reserve of gold, bonds and financial assets, which help the Swiss National Bank ensure the currency's stability during times of volatility. A stronger Swiss franc provides an effective discount on those imports.

☆ Switzerland's solar dam: Sun and snow the perfect mix for green energy drive
▼ + stars: | 2023-02-07 | by ( Industry Insight | Reuters Professional | Europe Turns Up Heat Under Chemicals Industry To Clean Up Its Climate Act | ) www.reuters.com time to read: +2 min

The dam's almost 5000 solar panels produce 3,3 million kilowatt hours of energy per year, enough to supply around 700 houses. REUTERS/Arnd Wiegmann 1 2 3 4 5"The reflection from the snow also helps," Schranz said, "and solar panels like the cold and have a higher yield in cooler temperatures". Switzerland's government is also making it easier for solar energy to become more prevalent. The country's drive towards more green means of energy production is tied to its decision to phase out nuclear power. “Alpine solar plants can also make an important contribution here,” she said.

☆ Swiss Energy: Всё, что вам нужно знать об Омега-3 Ⓟ
▼ + stars: | 2020-10-11 | by ( ) point.md time to read: +7 min

Именно о важности и незаменимости этих кислот (Омега-3, Омега-6 и Омега-9) мы намерены разъяснить в данной статье. Исследования показывают, что для людей с нормальным уровнем Омега-3 жирных кислот в крови характерен меньший риск развития депрессии. Эксперты говорят, что добавки, содержащие рыбий жир, богатый жирными кислотами Омега-3, участвуют в улучшении иммунного ответа и помогают устранить патогены. Омега-3 жирные кислоты участвуют как в снижении негативных изменений настроения и агрессивного поведения, так и в предотвращении преждевременного снижения когнитивных функций. Согласно исследованиям, потребление жирных кислот Омега-3 и прием добавок на основе Омега-3 связаны с более низким риском сердечно-сосудистых проявлений.

Persons: Омега Organizations: Omega, Swiss Energy, Омега Locations: Swiss, Омега

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