by © Sorin Colac | Dreamstime.com On 8 April 2020, Switzerland’s government decided to extend the country’s lockdown measures for a further week. In a press release the Federal Council said the measures would be extended for another week and then possibly progressively loosened before the end of April. The measures have proved to be effective with the spread ...
Topics:
Investec considers the following as important: 3) Swiss Markets and News, 3.) Investec, Featured, newsletter
This could be interesting, too:
Martin Hartmann writes Upcoming Events
Marc Chandler writes Consolidative Tone to Start the Week
Daniel Lacalle writes The Fed Fears a Bond Meltdown
Mark Thornton writes Commercial Real Estate’s Future
© Sorin Colac | Dreamstime.com
On 8 April 2020, Switzerland’s government decided to extend the country’s lockdown measures for a further week.
In a press release the Federal Council said the measures would be extended for another week and then possibly progressively loosened before the end of April.
The measures have proved to be effective with the spread of the virus clearly reducing over recent days, said the statement. However, given the evolution of the spread and scientific recommendations, the Federal Council decided to extend current restrictions until Sunday 26 April 2020.
From this date the government will consider loosening restrictions, basing its decisions on the number of new cases, the number being hospitalised and the number dying. Its decision will also take into account how well the population follows rules on social distancing, hygiene and avoiding gatherings.
The Federal Council said it is focused on protecting the population, preventing virus spread and avoiding overloading the health system. It will meet again on 16 April 2020 to discuss the situation.
You Might Also Like
Emergency funding made available for artists and designers
People who work in the cultural sector in Switzerland can now apply for funds to cushion the impact of the Covid-19 pandemic. The Swiss government last month adopted a package of measures totalling CHF280 million ($287 million).
Swiss economy could lose up to CHF35 billion to pandemic
Coronavirus will cost the Swiss economy CHF22 billion ($22.7 billion) in lost productivity in the best-case scenario, economists have warned. Losses could easily mount up to CHF35 billion between March and June. A nationwide lockdown of non-essential high street shops and services has been accompanied by partial closures of industrial plants in some cantons.
Swiss firm helps reduce shortage of disinfectant in Bavaria
The Swiss chemical company Clariant has started monthly production of two million litres of disinfectant at its facilities in neighbouring Germany amid the coronavirus pandemic. In a joint venture with Germany’s CropEnergies, Clariant is using its available infrastructure in Bavaria to blend the necessary ingredients, notably ethanol, into disinfectant, the Swiss company said.
New debt relief measures on the horizon for struggling firms
The Swiss government is examining plans to stave off bankruptcies of companies struggling with the fallout of the coronavirus crisis. But regular debt collection procedures will resume on April 20. Justice Minster Karin Keller-Sutter said the aim was to stabilise the economy and to secure jobs.
Swiss banks bow to pressure to delay half of dividend payments
Switzerland’s two largest banks, UBS and Credit Suisse, have asked shareholders to accept a delay of several months for half of their dividend payments this year. The move follows a request from the financial regulator to hold on to more cash during the coronavirus pandemic.
Coronavirus: new infections slowing in Switzerland
The number of new recorded Covid-19 cases is slowing in Switzerland. By 8 April 2020 the total number of recorded cases was 23,574 according to Switzerland’s health authority.
Cradle of agriculture in the Amazon region much older
People began growing manioc and squash much earlier than previously thought, a team of researchers led by the Swiss university of Bern has found. A study shows that the earliest human inhabitants of Moxos plains began transforming the tropical savanna eco-region in Bolivia 10,000 years ago, that is 8,000 earlier than previously thought.
One fifth of pupils ‘falling though remote learning net’
There is a big difference in the amount of time pupils are spending at their studies during the corona school closures, a Swiss-led study has found. Some children are doing five or more hours a day, others just one or two.
Tags: Featured,newsletter