Switzerland's National Bank lowers its surprise rate.
Different monetary policy strategies are being used by central banks around the globe to combat inflationary pressures. The first significant central bank in the developed world to lower interest rates this cycle was the Swiss National Bank (SN. It seems that a more substantial decline in inflation than anticipated is the main cause of the SNB's movement.
Adidas uses sports sponsorship to reach a wider audience.
Adidas introduces a new collection of shoes made especially for 41 Olympic sports ahead of the games. Climber Janja Garnbret was a sponsored athlete at the Paris launch event. This change in marketing approach indicates an emphasis on providing specialized footwear for each sport and serving a broader spectrum of sports.
Colombian armed groups: Government calls off negotiations with the FARC group
Following the signing of a peace agreement in 2016, the Colombian government declared that it would begin military operations against a faction of the FARC insurgents. Following an attack on an indigenous hamlet, the administration of President Gustavo Petro halted continuing negotiations with the armed group.
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