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SNB Chairman says the CHF exchange rate remains a challenge for the Swiss economy, but the real franc has been broadly stable since 2020

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The SNB Chairman stated that the CHF exchange rate remains an economic challenge, though the real franc has stayed broadly stable since 2020.

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Geopolitics

Iran’s Foreign Minister and Pakistan’s Army Chief reportedly discussed ways to restore diplomatic efforts to de-escalate the conflict on all fronts, sources say

Geopolitics

Al Jazeera reports the entirety of Yemen’s Red Sea coastline is now under Houthi control

Geopolitics

The Bab al-Mandeb Strait was captured by Yemeni fighters, IRIB reports; "According to a Tasnim correspondent in Sanaa, with the fall of the al-Ardi area and the entry of the Yemeni armed forces into the area, Bab Al-Mandeb is under control"