EconomicPolicies

Swiss Steel Aid: A Shift Towards Government Intervention

6 days ago

In a significant move diverging from its traditionally hands-off approach, the Swiss government is considering providing financial assistance to struggling steelmaker Swiss Steel Holding AG. This development comes as the company grapples with a series of challenges, including fluctuating steel prices and heightened competition in both domestic and international markets.

Elon Musk's Support for Trump: A Political Shift That Puts Him in Democrats' Crosshairs

2 months ago

In an unexpected turn of events, Elon Musk, the billionaire tech entrepreneur and CEO of companies like Tesla and SpaceX, has been openly supporting former President Donald Trump, positioning him as a target for Democratic ire. Musk's alignment with Trump comes amidst a politically charged landscape, where his influence—both influential and polarizing—could shape the narratives and strategies leading into the upcoming elections.

Hedge Funds That Bet Big on China Score Over 25% Gains in September

3 months ago

Several hedge funds made significant investments in China and reported impressive gains for September, with their portfolios up more than 25% amid a wave of optimism over the country's economic recovery. This surge in gains comes at a time when investors are regaining confidence in the Chinese market, spurred by positive economic indicators and measures by the government to stabilize the economy.