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If you’ve ever wondered what families in Switzerland spend on groceries, then here is a breakdown. Figures are taken from mean household income and expenditure data recently published by the Federal Statistical office for 2015. More on this:Federal Statistical Office report (in French) – Take a 5 minute French test now For more stories like this on Switzerland follow us on Facebook and Twitter.

A recent report by Travail.Suisse shows around 40% of Swiss workers report feeling often or very often stressed by their work. © Luis Pablo Escoto Hernandez | Dreamstime Stress and emotional exhaustion is a daily reality for many says Travail.Suisse. Between 2015 and 2017, the percentage suffering work related stress or emotional exhaustion has risen from 38% to 48%. A key issue appears to be loss of control over free time. Other challenges include stagnating salaries and a lack of...

20 Minutes. Switzerland’s deal with the EU involves a financial contribution. The sum announced by the Federal Council is CHF 1.3 billion over the next 10 years. © Marko Bukorovic | Dreamstime The arrangement, announced on Thursday to coincide with a visit by european commission president Jean-Claude Juncker, extends a previous 10 year deal. Not everyone is happy with the deal. Some, such as the Swiss People’s Party (UDC/SVP) think it is scandalous describing it as a 1.3 billion franc gift at...

It looks like BoJ Governor, Haruhiko Kuroda’s, minions are getting out and about to brief the financial news services that the biggest stimulator of all the central banks might reduce stimulus earlier than expected. The recipient of the unofficial briefings by BoJ officials is Reuters, which has this to say. The Bank of Japan is dropping subtle, yet intentional, hints that it could edge away from crisis-mode stimulus earlier than expected, through a future hike in its yield target,...

A recent report from Switzerland Federal Statistical Office shows how an average Swiss household spends its income. © Bigpressphoto | Dreamstime In 2015, the mean income was CHF 9,946 per month, including all forms of income and any 13th month payment received at the end of the year. This means an average Swiss household of 2.17 people had CHF 119,352 coming in across the year. According to the Federal Statistical Office, the disposable portion of it was 70%. The largest slice of income went...

The Credit Suisse 2017 Global Wealth Report, shows total global wealth rose 6.4% to USD 280 trillion in 2016, taking it to the its highest level since 2007, before the financial meltdown in 2008. © Wrangel | Dreamstime Globally, average wealth per adult was USD 56,540. In Switzerland, the same figure was USD 537,600 (CHF 533,000), close to ten times the global average, placing Switzerland in the lead, if Iceland – with unreliable data – is ignored. Median Swiss wealth is somewhat lower: USD...

The Credit Suisse 2017 Global Wealth Report, shows total global wealth rose 6.4% to USD 280 trillion in 2016, taking it to the its highest level since 2007, before the financial meltdown in 2008. © Wrangel | Dreamstime Globally, average wealth per adult was USD 56,540. In Switzerland, the same figure was USD 537,600 (CHF 533,000), close to ten times the global average, placing Switzerland in the lead, if Iceland – with unreliable data – is ignored. Median Swiss wealth is somewhat lower: USD...

The idea of digital IDs in Switzerland has been kicked around since 2002 when the government decided it was a good idea. Since then it has been hotly debated. Following a process of consultation, the government met on 15 November 2017, and announced it’s aiming to have some form of digital or e-ID written into Swiss law between now and the summer of 2018. © One Photo | Dreamstime The idea is simple. Government-issued physical IDs, such as passports, work well in person, however on the...

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Amid the cataclymsic collapse of Bitcoin late on Friday night, the crypto currency suddenly saw a large buyer step in as prices plummeted below $6000. We now have an idea who that buyer of last resort was... As a result of a giant publicity effort from its proponents, BCH saw mass investment as it heads towards a potentially contentious hard fork set for just after 7 p.m. GMT today. The failure of SegWit2x, coupled with endorsement from the soon-to-be-defunct Bitcoin...