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Somehow or the other links to the swiss market. 50% of metals, 60% of metals and 50% of sugar. so there is that element to it as well. is metals and 50% of sugar. so there is that element to it as well. that element to it as well. is there a iolitical that element to it as well. is there a political debate that element to it as well. is there a political debate about that element to it as well. is there a political debate about whether i a political debate about whether this is the right thing to do. some people think switzerland said stick to their original definition of neutrality. i to their original definition of neutrality- to their original definition of neutrali . ,, , ., neutrality. i think there is and that is why neutrality. i think there is and that is why their neutrality. i think there is and that is why their federal i neutrality. i think there is and l that is why their federal council took so long. the government took so long to decide the question additionall ....
Marcia s attack against ukraine is unacceptable with regards to international law. unacceptable politically speaking and unacceptable from a moral point of view. the federal council has decided to fully adopt the european union sanctions including asset reading. let union sanctions including asset readin i . . union sanctions including asset readini. , ,, .,~ ., ., reading. let us speak to our economist reading. let us speak to our economist and reading. let us speak to our economist and energy i reading. let us speak to our i economist and energy analyst cornelia. thank you forjoining us. how do you assess these decisions being made by the swiss government? they are unusual but it s not the first time. switzerland did take sanctions out on syria and david some stage on iran. but what was unusual was the waiting when the president of the confederation said it s part of neutrality to stand with democracy. it s part of neutrality to establish human rights. that was quite unusual. tha ....
Was the shift of how switzerland is defining our neutrality. so a lot has changed since thursday night that the tanks rolled across the borders on many ways but also on how switzerland defines neutrality. if switzerland defines neutrality. if you take a position on for example assets belonging to president putin or serge laffer of you might have to take a position on assets belonging to other people who also have dubious human rights records. i also have dubious human rights records. . . also have dubious human rights records. , , ., , records. i guess that s something, that s a bridge records. i guess that s something, that s a bridge that records. i guess that s something, that s a bridge that the records. i guess that s something, that s a bridge that the banking i that s a bridge that the banking system will have to cross when he gets there. more immediately what people are worried about various a big energy trading community here. commodities trading community here. 35% of ....
A new global geopolitical game is in formation, and the Middle East, as is often the case, will be directly impacted by it in terms of possible new alliances and resulting power paradigms. While it. ....