EU “GETTING RATHER IMPATIENT” WITH SWITZERLAND, SAYS MATTHIESSEN

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The framework agreement between Switzerland and the EU has been a decade in the making. “It’s been 10 years of discussion, five years of negotiation, and a year since there’s been a text on the table,” ambassador Michael Matthiessen points out. In part two of our interview, he warns of potential consequences, including no new market access as well as an “erosion” of ties between both parties.
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“The biggest risks are popular risks,” says Jean-Pierre Danthine, who warns that a lack of education on the development of the economy and technology can lead to “very negative popular decisions.” Enter the Enterprise for Society Center (E4S), a joint initiative from IMD, EPFL, and UNIL, which looks to link sustainability and business education. In part four, Danthine, who will lead the venture as managing director, says he hopes this will “have an impact on how society is evolving.”

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While Swiss banks and pension funds scream about the cost of negative interest rates, ex-Swiss National Bank board member Jean-Pierre Danthine views it quite differently. In part two, he addresses the impact of negative rates and the role the SNB should play in alleviating fallout.

SNB profits “belong to the people,” says ex-board member Danthine
In his years as a Swiss National Bank board member, Jean-Pierre Danthine was restricted in commenting on the bank’s strategy. Danthine, who retired from his post in 2015, now has plenty to say about Switzerland’s central bank. In part one, the EPFL professor talks tactics when it comes to the SNB’s balance sheet and sharing profits. “Real profits will be distributed to the people,” Danthine says. “The real question is when or how.”

The biggest problem with AI is not what you think it is, Salathé says
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Mohanty: Time to move beyond climate strikes toward climate action
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Space entrepreneur issues stark warning about overpopulating space
Indian space entrepreneur Susmita Mohanty is hesitant to be grouped with the Musks and Bransons of the world. “I’m more of a ‘passion-preneur’ than an entrepreneur because I’m not profit driven,” she says. When learning of an ETH Zurich idea to increase the number of low satellites with its “Internet from Space” proposal, Mohanty’s first reaction is “we’re in trouble.”