Tag Archives: 3) Swiss Markets and News

The coronavirus pandemic has made people more conservative with their voting. Keystone / Peter Klaunzer The battle over the responsible business initiative is now over. The way the campaign was managed and how the issue was eventually decided says a lot about Switzerland. On November 29, 50.7% of Swiss voters backed an initiative to extend liability over international human rights abuses and environmental harm caused by major Swiss companies and the firms they...

By Edward Girardet For a nation that prides itself on being on the global forefront of new technologies and science, particularly health care, Switzerland has an astoundingly poor record for dealing with Covid-19. The Lake Geneva region, which borders locked-down France, ranks as one of the worst coronavirus hotspots in Europe. Many Swiss, too, act as if there is no pandemic by crowding into shopping malls or socialising without masks. And in an astounding Orwellian...

The Hermitage fraud became an international cause célèbre after the death in custody of Browder’s lawyer, Sergei Magnitsky. Keystone High-profile Kremlin critic and investor Bill Browder has threatened Credit Suisse and UBS with legal action for breaching US sanctions if they unfreeze accounts belonging to three Russian clients accused of a huge tax fraud against his investment company. The two Swiss banks hold assets worth more than $24 million (CHF21.8 million),...

From tip-top transport in Basel to housing headaches in Geneva, foreign residents share what they love and loathe about the four Swiss cities featured in the Expat City Ranking 2020. Of the 66 cities in the latest list, published by InterNations on Thursday, Basel rates highest (24th), ahead of Lausanne (28th), Zurich (37th) and Geneva (48th). The Expat City Ranking 2020 The Expat City Ranking is based on the annual Expat Insider survey by InterNations, a global...

The SARS-CoV-2 virus has hit French-speaking Switzerland harder than the rest of Switzerland both before and since summer. 44% of Swiss Covid-19 deaths have occurred in the cantons of Valais, Vaud, Geneva, Fribourg and Neuchâtel, despite making up only 25% of the country’s population. Daily New Deaths in Switzerland, November 27 Source: worldometers.info - Click to enlarge At a recent press conference, Martin Ackermann, head of the Covid-19 scientific Task Force,...

Swiss foreign minister Ignazio Cassis, left, and Afghan finance minister Abdul Hadi Arghandiwal. Keystone / Valentin Flauraud At an international conference in Geneva to source funding for Afghanistan, Switzerland has renewed its annual CHF26 million ($28.48 million) pledge for another four years. The Swiss contribution, which will amount to CHF104 million up to 2024, is earmarked for projects to promote the rule of law, agriculture, and education, the foreign...

Interior Minister Alain Berset at the press conference on Wednesday Keystone In summer 2019 the social partners agreed on a reform of the Swiss occupational pension scheme. The government on Wednesday adopted this compromise unchanged; the ball is now in parliament’s court. Occupational pensions have been under pressure for a while as a result of rising life expectancy and low interest rates. Following the rejection by voters of the pension reform in September 2017,...

Clariant has its headquarters in the Swiss city of Basel but operates in more than 50 countries. Keystone/Gaetan Bally Swiss speciality chemicals firm Clariant has announced further job cuts amid a series of divestments. The programme foresees a reduction of approximately 1,000 positions in service and regional structures, it said on Wednesday. About one-third of the reductions will be included in the divestment transfers, adding that it would set aside provisions of...

Over the weekend, Switzerland averaged 3,250 new daily recorded cases (9,751 over 72 hours). This represents a significant drop from the daily peak of 10,128 cases reported on 5 November 2020. The 7-day moving average number of new cases in Switzerland is currently more than 40% below the peak around 2.5 weeks ago. Cases in Schweiz, November 24 Source: corona-data.ch - Click to enlarge At the same time Switzerland’s hospitals remain under pressure and the death...

There is one question very few are asking. Even on the most obscure blogs or conspiracy forums, we don’t find serious discussion of it. That question is the reason we created this website in the first place, and called it coronacircus. Why make it a circus? Why make this whole “pandemic” such a “scamdemic”? There are so many obvious, blatant holes; we’ve been noticing them for a long time, and millions have too. It seems too easy. The central planners themselves are...