to Form the World’s First Libertarian Country to Form the World’s First Libertarian Country

Canada NewsWire

GIBRALTAR, Sept. 20, 2017 /CNW/ – The Free Society Foundation, spearheaded by its founder Olivier Janssens and other prominent libertarian and cryptocurrency figures, announced its plans today to form the world’s first libertarian country. They are in preliminary talks with governments to purchase sovereignty and autonomy over a piece of land. “When we started contacting governments, interest was much higher than initially anticipated”, says Mr. Janssens, who has been working on the project for the past several years. “We have backing of over 100 million USD in private capital and are committed to the mission of realizing the world’s first Free Society.” Genius in its simplicity by just purchasing sovereignty, it seems this is the first idea that really has a chance of succeeding. In the past, many libertarians have attempted the feat by trying to claim disputed land or by building floating ocean structures. Unfortunately, none of them were successful – either due to push-back from existing governments or being unrealistically complicated. “There are many nations that have a significant national debt or are in crisis. Our aim is to help them resolve that and create an economic powerhouse next to their doorstep as a bonus. It’s a win-win for everyone.” Mr. Janssens continues. Indeed, if successful, a new Monaco or Dubai will bring a tremendous amount of opportunities to the area, one being massive employment. Roger Ver, one of the co-founders, adds: “I’m incredibly excited to be part of this project that will finally create a society based on voluntary interactions instead of government force.” The Free Society Foundation is exploring ways for the public and interested parties to participate. Many prominent names in the libertarian world are joining their team. More will be revealed soon on

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The Free Society Foundation has a mission of realizing the world’s first libertarian country. It believes all interactions between humans should be voluntary and not based on force. It was founded by Olivier Janssens, a lifelong libertarian and early Bitcoin adopter and consists of other well known libertarian and cryptocurrency figures such as Roger Ver.

SOURCE Free Society Foundation

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German Elections: Artificial Intelligence Helps Investors use Voter Opinions for Investment Decisions


German Elections: Artificial Intelligence Helps Investors use Voter Opinions for Investment Decisions

PR Newswire

GLAND and ZURICH, Switzerland, August 31, 2017 /PRNewswire/ —

  • Swissquote and the EPFLs Social Media Lab are evaluating social media to measure investor sentiment about the German DAX stock index  
  • Artificial intelligence in finance: making investment decisions according to the voter opinion 
  • Swissquote offers strategies for investors to benefit from
    equity and foreign
    exchange fluctuations

On 24 September, Germany will elect the lower house of its federal parliament (Bundestag). Prior to the election, financial markets will be particularly volatile, in reaction to winner/loser projections and other surveys of voter opinion. Thanks to a new artificial-intelligence (AI) tool from Swissquote, the leading Swiss online bank, investors can capitalise on these voter opinions to make investment decisions.

To view the Multimedia News Release, please click:

Today, Swissquote launched the #DE30 Social Sentiment Index, developed in collaboration with the Social Media Lab of the EPFL (École Polytechnique Fédérale de Lausanne). The index summarises and evaluates the opinions expressed on social media regarding the German DAX (stock index of Germany’s 30 largest, public companies).

An algorithm, with the help of artificial intelligence, identifies investors’ optimistic and pessimistic views. Natural language processing (NLP) is used to interpret the meaning of texts posted to social media. Graph theory is used to determine the context of each text, so that interpretation errors are avoided.

From this AI analysis, a real-time, consensus opinion can be derived as to whether a given stock is likely to rise or fall and whether the entire market is likely to move up or down. This can guide investors in adjusting or allocating positions in equitieson stock indices and currencies.

Also for the German elections, Swissquote analysts have also compiled a basket of stocks that should benefit from the pro-European, company-friendly policies of the two major parties (Angela Merkel’s CDU and Martin Schulz’s SPD). Additionally, following the same pattern, Swissquote offers an exclusive market analysis on how to trade the German election through the Forex market. a currency basket of different currency pairs.

Said Marc Bürki, CEO of Swissquote, “The use of artificial intelligence in finance is still beginning. Our goal is to drive its development, so that it can be used as quickly as possible by the broadest possible audience.”

Link to the website  

Link to the Themes Trading platform  

Swissquote The Swiss Leader in Online Banking
As a leading provider of online financial services, Swissquote offers innovative solutions and analysis tools to meet the wide range of demands and needs of its clients. As well as various online trading services, the user-friendly platform also provides solutions for eForex, ePrivate Banking and eMortgage. In addition to a low-cost service for private clients, Swissquote also offers specialized services for independent asset managers and corporate clients. Swissquote Bank Ltd holds a banking license issued by its supervisory authority the Swiss Federal Financial Market Supervisory Authority (FINMA) and is a member of the Swiss Bankers Association. Its mother company, Swissquote Group Holding Ltd, is listed on the SIX Swiss Exchange (SWX: SQN).

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SOURCE Swissquote

East-West Connect’s Dmitry Leus Comments on Post-Brexit Banking for EU Reporter

East-West Connect’s Dmitry Leus Comments on Post-Brexit Banking for EU Reporter

PR Newswire

LONDON, August 9, 2017 /PRNewswire/ —

Dmitry Leus of East-West Connect has written for EU Reporter, exploring how will the banks cope and adjust to possible restrictions on London-based operations post-Brexit. The full article can be found at

Writing from London, Dmitry Leus comments: “First we must consider that the UK’s negotiations with the European Union have only just begun. Whatever the City might want in terms of a softer Brexit, the truth is that it is too soon to tell. While the banks may indeed be pushing for ‘mutual recognition’ of regulation and ‘mutual access’ to markets as conditions for Brexit, they also must be realistic about what negotiators on the EU side will accept. And so the preparations and manoeuvres on the part of the banks begin.”

Mr Leus points out: “There is an EU rule that allows a bank to locate a fully regulated entity on one EU member state and operate across other states without the need for additional local regulation in the other countries. This is commonly called ‘passporting.’ This practice allowed London to be very much the financial hub for the rest of Europe. Indeed, a large proportion of Europe’s hedging, foreign exchange, lending and securities transaction have taken place in London. The big challenge facing banks is how to manage the future of their European business once London is no longer a part of the EU.”

In the article he remarks: “It is my view that London will always be London and a major international financial centre. Even after Brexit, London will remain a crossroads between Europe, Asia and the Americas. Business likes the UK’s legal system and regulatory system and that will remain unchanged. But it cannot be denied that certain services for European clients cannot be operated out of London in the future. The big questions looms: where will the banks take these services that have relied on ‘passporting?’ Natural candidates include Frankfurt, Paris, Dublin, Amsterdam and Luxembourg.”

He adds: “There has of course been some fierce competition from the serious contenders among the cities hoping to host these operations. Paris offered tax breaks of up to 50 percent designed to woo the banking world’s top dogs. Paris even had an advertising campaign: ‘Tired of the fog? Try the frogs,’ said posters promoting the La Défense business district of Paris. Frankfurt was perhaps a little more earnest and precise in its campaign, detailing the ‘Eight reasons to invest in Frankfurt‘.”

For Mr Leus, Frankfurt seems to be a frontrunner for the Japanese banks. He notes: “Mizuho, Daiwa and Nomura have all named Frankfurt as their new home specifically for pan-European business. It is very important to note that London will still be a European hub for them; it is simply that certain operations that require ‘passporting’ will run from Frankfurt. HSBC has opted for Paris and Deutsche Bank has chosen Frankfurt. This is definitely not an exodus, just a strategic movement of very specific operations.”

Commenting on the US banks, Mr Leus said: “We already know that Morgan Stanley and Citibank have also chosen Frankfurt and at the time of writing it seemed likely that Goldman Sachs might follow suite. Bank of America has taken a different path, announcing they will mover certain operations to Dublin, an understandable decision since they already have a significant foothold in Ireland.”

For Mr Leus, no single European city has quite emerged as a replacement for London, even for these very specific services: ”The banks are varying in where they choose to move these operations. Yes Frankfurt has been successful in luring quite a few banks, but not without a healthy showing from other cities. The presence of the European Central Bank in Frankfurt may have been a draw.”

Mr Leus concludes: “We should not overplay these announcements by the banks. It is hardly as though these institutions are abandoning London. They are just planning for the possibility that certain, specific operations could have to be conducted elsewhere. The fact that Citigroup’s ‘move’ actually only entails a mere 150 of its 6000 strong UK workforce shows that this is hardly an exodus. It also shows that the banks live in hope of a softer Brexit than we might have feared.”

About East-West Connect

East-West Connect is a London-based forum focused on investment risk and opportunity in Central and Eastern Europe. We provide news and analysis about the investment and economic climate of the region. 

East-West Connect was founded by Dmitry Leus, an entrepreneur and banking and financial services professional. He started his career as FOREX specialist at Russia’s Lesprombank in the mid-90s. He later became Head of International Settlements of the bank, and in 2000 began running the South-West section of Lesprombank. In 2002, he was appointed Chairman of the Russian Depository Bank. In 2006 he founded Zapadny bank, where he worked as Chairman until late 2013. Since 2014, the e-commerce market of Europe and the UK is of special interest for him and he actively invests in the European and CIS financial sector. In parallel, he works as an expert in business development and helps large corporate companies build effective management and improve the quality of the services provided.

SOURCE East-West Connect