Tag Archives: 3) Swiss Markets and News

© Axel Bueckert | Dreamstime.com Today, Germany announced it had added Switzerland to its list of Covid-19 risk countries, effective from 24 October 2020. Until now only certain Swiss cantons were on Germany’s list. The Robert Koch Institut, Germany’s health authority, advises German residents against non-essential travel to Switzerland. Other new additions to Germany’s list include Liechtenstein, Ireland, Poland, Great Britain, Northern Ireland, Gibraltar and much...

Just over half of respondents to a survey said a repair label would play a decisive role in the purchase of an electronic product. © Keystone / Adrian Reusser No less than 98% of people polled by a consumer protection alliance are in favour of a labelling system that evaluates the repairability of electronic and household appliances. Most of them were also prepared to pay more for a product that offered specific repair guarantees. A vast majority of survey...

© Anyaivanova | Dreamstime.com There is an idea circulating that many of the positive PCR tests results for the SARS-CoV-2 virus in Switzerland are false, results which are known as false positives. However, according to experts interviewed by RTS, PCR test false positives are rare. A number of political figures, including some Swiss parliamentarians, have been referring to large numbers of false positive SARS-CoV-2 PCR test results. While some infected with the...

© Martinmark | Dreamstime.com On 21 October 2020, Switzerland’s Federal Office of Public Health (FOPH) reported 5,596, new cases of SARS-CoV-2 infection over 24 hours. The highest daily reported figure during spring was 1,293. A significant increase in testing means infection figures reported over spring are not comparable to today’s numbers. However, the difference in test positivity is narrowing. During the peak in March 2020 around 25% of tests were positive. Over...

Hai Huy Ton That | Dreamstime.com In Geneva, the number hospitalised with Covid-19 has reached 134, the highest it has been since the first wave in spring. On Friday 16 October 2020, there were 94 patients. This represents a jump of 43% in 3 days. Across Switzerland, the picture is similar. On Friday there were 582 Covid-19 patients hospitalised. By Monday, this number had risen to 751, according to data published by RTS, a jump of 29%. The current trend in...

© thanakorn hormniam _ Dreamstime.com SARS-CoV-2 tests that give results in 15 minutes scored well on sensitivity, according to a study by Unisanté in Lausanne, Switzerland. The tests, which involve taking a sample of nasal secretions from the back of the nose and throat, test for a protein present in the virus. The main PCR test used currently looks for genetic material specific to the virus, a more complicated laboratory-based process that can take around a day....

© Patrik Slezák | Dreamstime.com On 16 October 2020, Switzerland’s Federal Office of Public Health (FOPH) reported 3,105 new cases of SARS-CoV-2 infection over 24 hours, bringing the reported weekly total to 14,054, a figure 135% higher than the week before. Swiss hospitals are admitting more Covid-19 patients. An additional 68 were admitted over the last 24 hours, according to FOPH. There are currently 515 Covid-19 patients in hospitals across Switzerland, according...

© David Moreno | Dreamstime.com On 18 October 2020, after an extraordinary meeting, Switzerland’s Federal Council announced masks would become mandatory across all of Switzerland. In addition, certain gatherings of more than 15 people are to be banned and employers are required to follow recommendations for staff to work from home. Since 19 June 2020, the governments of Switzerland’s cantons have played the lead role in combating the COVID-19 epidemic. Today, the...

© Marekusz | Dreamstime.com An updated forecast published this week by the Switzerland’s federal government is less negative than forecasters feared in the middle of the year. The new forecast expects Swiss GDP adjusted for sporting events to fall by 3.8% in 2020 and unemployment to average 3.2% across the year. The forecast in June 2020, predicted a 6.2% fall in GDP and average unemployment of 3.8%. After the relaxation of health policy measures, the Swiss economy...

The home to the European headquarters of the United Nations jumped ten spots up the ranking thanks to its fiscal attractiveness. Keystone / Salvatore Di Nolfi Canton Geneva has made the biggest jump in the annual Credit Suisse ranking of attractive business locations, moving up ten spots to sit just behind Zurich. According to the Credit Suisse location quality survey published on Tuesday, canton Zug, home to big multinationals like Glencore, took back its top spot...