Oil Traders May Be the Only Ones Who Want Yahoo to Survive

Re:Oil Traders May Be the Only Ones Who Want Yahoo to Survive by smegel on Thursday June 02, 2016 @06:26PM (#11826612)

> In Geneva, the epicenter of Switzerland’s $21 billion commodity-trading industry, accounting for about one-third of the world’s daily oil transactions

That's pretty impressive for a country that has never even been visited by an oil tanker.

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Re:Oil Traders May Be the Only Ones Who Want Yahoo to Survive by test_log_5 on Thursday June 02, 2016 @07:01PM (#11826858)

Tax rates for commodity transactions are low in comparison to other countries. Starbucks executes all their coffee trading out of Geneva.

The commodity trade in Switzerland is as old as the hills.

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Re:Oil Traders May Be the Only Ones Who Want Yahoo to Survive by MagnumOpus on Friday June 03, 2016 @04:05AM (#11828970)

>old as the hills

About as old as a 166-year-old artificial hillock, yes.

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Re:Oil Traders May Be the Only Ones Who Want Yahoo to Survive by rqebmm on Thursday June 02, 2016 @06:28PM (#11826627)

I'm sure it has nothing to do with Switzerland's extremely strong financial privacy laws.

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Re:Oil Traders May Be the Only Ones Who Want Yahoo to Survive by JumpCrisscross on Thursday June 02, 2016 @09:22PM (#11827670)

> Switzerland's extremely strong financial privacy laws

We are also subject to relatively draconian surveillance [1].

[1] https://www.bestvpn.com/blog/30241/switzerland-passes-severe...

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Re:Oil Traders May Be the Only Ones Who Want Yahoo to Survive by omonra on Thursday June 02, 2016 @06:49PM (#11826763)

And low taxes.

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