by In this episode of our Inside Geneva podcast, we look at the role of the World Trade Organization as it chooses a new leader amid challenging times. Every country has to trade: to sell goods, and to import others that aren’t produced at home. But who makes the rules around trade? Host Imogen Foulkes is joined by former World Trade Organization (WTO) official Peter Ungphakorn, former Reuters correspondent and trade journalist Tom Miles, and analyst Daniel Warner, to look at what the WTO can do, and what it can’t. For more insights and discussions from Switzerland’s international city, subscribe to Inside Geneva on iTunes, Spotify, or wherever you get your podcasts.[embedded content] You Might Also Like New
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In this episode of our Inside Geneva podcast, we look at the role of the World Trade Organization as it chooses a new leader amid challenging times.
Every country has to trade: to sell goods, and to import others that aren’t produced at home. But who makes the rules around trade? Host Imogen Foulkes is joined by former World Trade Organization (WTO) official Peter Ungphakorn, former Reuters correspondent and trade journalist Tom Miles, and analyst Daniel Warner, to look at what the WTO can do, and what it can’t.
For more insights and discussions from Switzerland’s international city, subscribe to Inside Geneva on iTunes, Spotify, or wherever you get your podcasts.
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A new international platform is to be launched in Geneva to anticipate the effects of societal changes amidst the Covid-19 crisis, Swiss President Simonetta Sommaruga said on Wednesday.
Signatures collected for vote on tax deduction for parents
Opponents of a proposal to increase tax deductions for parents have succeeded in collecting enough signatures to force a referendum on the subject. On Tuesday the leftwing Social Democratic Party submitted the necessary signatures required to trigger a referendum. The party is opposed to a “tax bonus for rich parents” and collected 60,000 signatures in two-and-a-half months to force a nationwide vote on the reform, approved by parliament last September.
Switzerland remains world’s most attractive country for skilled workers
Switzerland continues to lead the world in talent competitiveness, having held the number one spot since the annual Global Talent Competitiveness Index (GTCI) was launched in 2013. According to the 2020 indexexternal link, the three main reasons for Switzerland’s top position are the country’s high quality of life (interesting jobs, high salaries and good career opportunities), its dual education system which combines education with vocational training, and its good legal and economic framework.
Tax on legal weed repealed
The Swiss Federal Court has ruled that cannabis – the legal, low-THC version – should not be subject to the tobacco tax. Responding to the complaints of three cannabis production companies, the court found that there was no legal basis for a 25% tobacco tax on the sales price of cannabis. The tax will be dropped immediately.
Transport operators told to pay back millions in state subsidies
Two more Swiss state-owned transport companies have been ordered to pay back more than CHF50 million ($51 million) in wrongly claimed subsidies. The authorities are also looking into the possibility of criminal prosecutions in connection with the worsening subsidies scandal.
Credit Suisse linked to list of 12,000 Nazis found in Argentina
A list of 12,000 Nazis who are said to have lived in Argentina from the 1930s onwards has been found in Buenos Aires. Many of the Nazi sympathisers reportedly paid money into one or more accounts at Schweizerische Kreditanstalt, which later became Credit Suisse.
Coronavirus called a ‘decisive test’ for the UN system
The pandemic is testing the limits of the United Nations system, say Geneva and New York-based experts, amid funding challenges and an ongoing blame game between the United States and China. The UN is marking its 75th anniversaryexternal link this year. What could have been a year of celebration is becoming a year of crisis.
Tally Weijl to close quarter of stores
Swiss fashion chain Tally Weijl will close 200 of its 800 stores internationally and withdraw completely from Bulgaria. In Switzerland, it will close between five and ten of its 81 stores. However, the company says it has secured financing.
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