Swiss Federal ConstitutionThe Federal Constitution of the Swiss Confederation (SR 10; Bundesverfassung der Schweizerischen Eidgenossenschaft (BV); Constitution fédérale de la Confédération suisse (Cst.); Costituzione federale della Confederazione Svizzera (Cost.); ) of 18 April 1999 (SR 101) is the third and current federal constitution of Switzerland. It establishes the Swiss Confederation as a federal republic of 26 cantons (states).
Swiss mercenariesThe Swiss mercenaries (Reisläufer) were a powerful infantry force constituted by professional soldiers originating from the cantons of the Old Swiss Confederacy. They were notable for their service in foreign armies, especially among the military forces of the Kings of France, throughout the Early Modern period of European history, from the Late Middle Ages into the Renaissance. Their service as mercenaries was at its peak during the Renaissance, when their proven battlefield capabilities made them sought-after mercenary troops.
Reserve currencyA reserve currency (or anchor currency) is a foreign currency that is held in significant quantities by central banks or other monetary authorities as part of their foreign exchange reserves. The reserve currency can be used in international transactions, international investments and all aspects of the global economy. It is often considered a hard currency or safe-haven currency. The United Kingdom's pound sterling was the primary reserve currency of much of the world in the 19th century and first half of the 20th century.
History of SwitzerlandSince 1848 the Swiss Confederation has been a federal republic of relatively autonomous cantons, some of which have a history of federation that goes back more than 700 years, putting them among the world's oldest surviving republics. The early history of the region is tied to that of Alpine culture. Switzerland was inhabited by the Helvetii, and it came under Roman rule in the 1st century BC. The Gallo-Roman culture was amalgamated with Germanic influence during Late Antiquity, with the eastern part of Switzerland becoming Alemannic territory.
1970s energy crisisThe 1970s energy crisis occurred when the Western world, particularly the United States, Canada, Western Europe, Australia, and New Zealand, faced substantial petroleum shortages as well as elevated prices. The two worst crises of this period were the 1973 oil crisis and the 1979 energy crisis, when, respectively, the Yom Kippur War and the Iranian Revolution triggered interruptions in Middle Eastern oil exports. The crisis began to unfold as petroleum production in the United States and some other parts of the world peaked in the late 1960s and early 1970s.
Swiss peopleThe Swiss people (die Schweizer, les Suisses, gli Svizzeri, ils Svizzers) are the citizens of the multi-ethnic Swiss Confederation (Switzerland) regardless of ethno-cultural background or people of self-identified Swiss ancestry. The number of Swiss nationals has grown from 1.7 million in 1815 to 8.7 million in 2020. More than 1.5 million Swiss citizens hold multiple citizenship. About 11% of citizens live abroad (0.8 million, of whom 0.6 million hold multiple citizenship). About 60% of those living abroad reside in the European Union (0.
Import substitution industrializationImport substitution industrialization (ISI) is a trade and economic policy that advocates replacing foreign imports with domestic production. It is based on the premise that a country should attempt to reduce its foreign dependency through the local production of industrialized products. The term primarily refers to 20th-century development economics policies, but it has been advocated since the 18th century by economists such as Friedrich List and Alexander Hamilton.
Security companyA private security company is a business entity which provides armed or unarmed security services and expertise to clients in the private or public sectors. Private security companies are defined by the U.S. Bureau of Labor Statistics as companies primarily engaged in providing guard and patrol services, such as bodyguard, guard dog, parking security and security guard services. Many of them will even provide advanced special operations services if the client demands it.
Security dilemmaIn international relations, the security dilemma (also referred to as the spiral model) is when the increase in one state's security (such as increasing its military strength) leads other states to fear for their own security (because they do not know if the security-increasing state intends to use its growing military for offensive purposes). Consequently, security-increasing measures can lead to tensions, escalation or conflict with one or more other parties, producing an outcome which no party truly desires; a political instance of the prisoner's dilemma.
Security (finance)A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some countries and languages people commonly use the term "security" to refer to any form of financial instrument, even though the underlying legal and regulatory regime may not have such a broad definition. In some jurisdictions the term specifically excludes financial instruments other than equities and fixed income instruments.
