Etienne Kiss-Borlase

Leadership

Update On Nuclear Deal

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The June 30th deadline for the historic comprehensive nuclear agreement between the Islamic Republic of Iran and several world powers is approaching fast and tensions continue to escalate in the seemingly never ending war of words that has developed around the issue. While many people and political groups support the current version of the agreement, which would include new and innovative methods for monitoring Iran’s nuclear capabilities and nuclear sites, Iran’s top religious and political leader had some interesting demands of his own now that an interim deal has been reached.

Supreme Leader Ayatollah Ali Khamenei, the man who has the final say on any action taken by the Iranian state, has finally joined the larger conversation surrounding the possibility of reaching an agreement. His comments echoed those of Iran’s President, Hassan Rouhani, that Iran will ultimately not sign any final comprehensive deal unless all of the sanctions against the state are lifted on the same day as the signing. Sanctions against Iran by world powers, primarily under the leadership of the United States, have been crippling to say the least. The Iranian economy is very dependent on its oil exports, which is where they have been hit the hardest. Sanctions by the European Union and the United States, for example, make it so that Iran has less potential options of who to do business with when it comes to oil.

Will the two Iranian leaders get what they want? That’s hard to say. President Obama and Secretary of State John Kerry have both said on various occasions that sanctions will be phased out gradually over the course of the agreement. Also, it is hard to determine how much room for negotiation Iran has at the end of the day with a lot of criticism and intense opposition over the deal coming from within the United States government and the Israeli government. France, a major broker in the deal, has also stated that the recent comments by Khamenei demonstrate how difficult it will be to come to final agreements with Iran.

Please visit Etienne Kiss-Borlase‘s official website for more updates on politics and events around the world.

Swiss Government, Great Long Term Investment

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The past years has been quiet remarkable for the Swiss government and their investments made in borrowing money, they are on record as having the lowest rate of interest in history and has saved the country and government billions. The Swiss government sold roughly SFr 122.6 million which is estimated to be worth $131.9 million US dollars. Over the past ten years, investors have seen the smallest return per cent, which essentially is no return on their money. They only saw .011 per cent on returns, which is close to nothing when it comes to a long term ten year investment.

Meanwhile, Switzerland’s neighbor Sweden did not face the same luck and returns when they made the investment. “Sweden sold SKr 3.5 billion, roughly $420 million of bonds due for repayment in 2019, at a yield of minus 0.0503 per cent, just one day before one of the most anticipated meetings of the country’s central bank.” This is according to a statement to the Financial Times. The government decided it was best to suspend debt spending after three months due to the reoccurring numbers which were hurting the economy recently. This is the first time since 2012 where these numbers were this low when it came to deposit rates, at an alarming .75 per cent.

Even with the other European nations struggling, Switzerland was able to pay a very now return on their debt investment due to the ten year plan they had set up previously. This low rate helped Switzerland rank as one of the top fifteen destinations to live, economy wise. Many of the residents are very happy in the way the economy is running and the direction their money is being invested.

For more Swiss financial and political news and updates, please visit Etienne Kiss-Borlase‘s official website.

Swiss Politics Shaken Up

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Over the recent years the Swiss People Party (SVP) and their godfather Christoph Blocher have seen problems which they are set out to solve. The parties main problems lies in mass immigration and demote international laws. The reason for the shake up is to deter and shield Switzerland from outside influences and have them affect the system the Swiss People Party has instilled.

The Swiss population generally favors Blocher and the Swiss People Party, in the past the SVP was heavily favored by small businessmen and farmers. The reason Blocher and the Swiss People Party have gained popularity over the decades is how they defend and value traditional Swiss values which other parties tend to base their campaigns through outside foreign influences. Over the last year, Switzerland was undergoing changes in the laws of immigration which according to the SVP needed to become more strict. Unfortunately, these new limits on immigration began to ruffle the ties between Switzerland and the rest of the European Union.

According to DailyMail, “In May, Blocher resigned from the parliament in Berne so he could spend more time furthering his policies through popular initiatives or referendums, a particular feature of Swiss politics.” The goals are to continue working to get the policies which the SVP have been pushing for.

For the supporters of the SVP, many compare Blocher to a Swiss folk hero, William Tell. Many believe Blocher is fighting to keep Switzerland under Swiss control rather then moving closer and closer to resembling the European Union.

For more on the current Political state in Switzerland, please visit DailyMail‘s breakdown. Also for more political information, please visit Etienne Kiss-Borlase‘s main site.