Switzerland’s central bank is unusual. It is privately owned (mainly by a German citizen) but distributes much of its profit to the nation’s cantons and federal government. This feature adds to the politicisation of monetary policy in Switzerland as it increases the likelihood voters and politicians view the bank primarily as a cash generator rather than the custodian of a stable inflation.

However, profit distributions to cantons and the federal government are unlikely. Gains in one quarter can be wiped out by loses in another. Strong volatility is the norm rather than the exception, according to the bank. In 2023, the SNB made a profit of CHF 26.9 billion in the first quarter only to end the year with a CHF 3.2 billion loss.

https://lenews.ch/2024/04/27/swiss-national-bank-profits-bounce-back-to-record-level/

Argentina's Central Bank lowers basic interest rates — MercoPress
https://en.mercopress.com/2024/04/26/argentina-s-central-bank-lowers-basic-interest-rates

#SNB president warns of potential inflation shocks in Switzerland

https://www.swissinfo.ch/eng/banking-fintech/snb-president-warns-of-new-inflation-shocks-in-switzerland/76517153

French president #Macron calls for expanded #ECB mandate “We cannot have a monetary policy solely focused on inflation,” Macron says

https://www.centralbanking.com/central-banks/governance/7961199/french-president-calls-for-expanded-ecb-mandate

😂😂
Trump Allies Draw Up Plans to Blunt Fed’s Independence

- WSJ
https://www.wsj.com/economy/central-banking/trump-allies-federal-reserve-independence-54423c2f

Turkish president's historic visit to Iraq marks turning point: Turkmen Front head | News
https://www.yenisafak.com/en/news/turkish-presidents-historic-visit-to-iraq-marks-turning-point-turkmen-front-head-3682223

Kazakhstan’s Oil Flows to Germany Threatened as Russia Demands Transit Fees

https://oilprice.com/Latest-Energy-News/World-News/Kazakhstans-Oil-Flows-to-Germany-Threatened-as-Russia-Demands-Transit-Fees.html

IMF considers backing Uzbekistan's WTO membership
https://en.trend.az/casia/uzbekistan/3891687.html

Government of Turkmenistan to optimise WTO accession process — Daryo News
https://daryo.uz/en/2024/04/26/government-of-turkmenistan-to-optimise-wto-accession-process

Sure think so...

Will the #USMCA Accord Survive an Upcoming Review? - The Dialogue
https://www.thedialogue.org/analysis/will-the-usmca-accord-survive-an-upcoming-review/

SA challenges EU citrus regulations for second time
https://www.bizcommunity.com/article/sa-challenges-eu-citrus-regulations-for-second-time-231067a

Sri Lanka Approves IMF-Backed Law To #Seize Proceeds Of Crime | Singrauli Mirror
https://singraulimirror.in/news/sri-lanka-approves-imf-backed-law-to-seize-proceeds-of-crime

The auction for John Jacob #Astor IV's 14-carat gold Waltham pocket watch begins Saturday, with a starting bid of 60,000 pounds, according to auction house Henry Aldridge & Son. The watch, engraved with the initials JJA, was found along with Astor's body when his remains were recovered several days after the Titanic sank.
He was also found with a diamond ring, gold and diamond cufflinks, 225 pounds in English notes, and $2,440.


https://www.cbsnews.com/news/titanic-auction-pocket-watch-richest-passenger-john-jacob-astor-iv/

Did John Jacob Astor really die when the Titanic sank...?
Hmm items were recovered from his body ...