Tag Archives: Business & Economy

Recently, the Swiss National Bank (SNB) unveiled the new 100 franc banknote. Only one note missing – © Janusz Pieńkowski | Dreamstime.comThe note’s design is inspired by Switzerland’s tradition of humanitarianism, represented on the note by water. The note remains blue but is much smaller than the existing one, making it easier to fit into wallets. The note is the last one in Switzerland’s ninth series of notes to be updated. Updating the series began in April 2016 with the...

A majority of the candidates putting themselves forward for election as federal parliamentarians on 20 October 2019 favour raising Switzerland’s retirement age to 67, according to a survey done by Smartvote and reported in the newspaper NZZ am Sonntag. © Epicstock | Dreamstime.com This could produce a parliamentary majority on the issue after the federal election. Switzerland’s official retirement age has moved into political focus as the country’s pay-as-you-go...

A deal agreed between EFTA and the South American Mercosur bloc, which includes Argentina, Brazil, Uruguay and Paraguay, with a combined population of 260 million, is close to signing. © Tomas Griger | Dreamstime.com EFTA includes Iceland, Liechtenstein, Norway, and Switzerland. Under the deal, 95% of Switzerland’s CHF 3.6 million annual exports to the bloc would be tarif free. The deal is important because the EU recently agreed a similar Mercosur deal, so this deal...

A deal agreed between EFTA and the South American Mercosur bloc, which includes Argentina, Brazil, Uruguay and Paraguay, with a combined population of 260 million, is close to signing. © Tomas Griger | Dreamstime.comEFTA includes Iceland, Liechtenstein, Norway, and Switzerland. Under the deal, 95% of Switzerland’s CHF 3.6 million annual exports to the bloc would be tariff free. The deal is important because the EU recently agreed a similar Mercosur deal, so this deal will maintain...

A majority of the candidates putting themselves forward for election as federal parliamentarians on 20 October 2019 favour raising Switzerland’s retirement age to 67, according to a survey done by Smartvote and reported in the newspaper NZZ am Sonntag. © Epicstock | Dreamstime.comThis could produce a parliamentary majority on the issue after the federal election. Switzerland’s official retirement age has moved into political focus as the country’s pay-as-you-go state pension system...

Researchers at the Paul Scherrer Institute recently deciphered the structure of the CC chemokine receptor 7 (CCR7), a signaling protein. © Bogdan Hoda | Dreamstime.comCancer cells use CCR7 to guide themselves into the lymphatic system, spreading cancer throughout the body. The resulting secondary tumors, called metastases, are responsible for most cancer deaths. This new understanding of CCR7 is a break through that forms a foundation for developing drugs that could lead to treatments...

© Pressahotkey | Dreamstime.com In the second quarter of 2019, the percentage of Switzerland’s population working rose by 1.1% and the percentage unemployed fell to 4.2%, based on the higher International Labour Organisation’s (ILO) measure. In the second quarter of 2019, 5.1 million people were working in Switzerland, 60% of the population. The number working rose 1.1% compared to the previous year, particularly among women (+2.0%). Employment rose 0.3% among men....

Work-related stress is affecting more and more people in Switzerland, according to a study published by the Federal Statistical Office. © Ocusfocus | Dreamstime.comIn 2012, 18% said they felt stressed at work most of the time. By 2017, the same figure had risen to 21%. Nine potential drivers of on-the-job stress were looked at. Only 11% said they faced none of them, while 50% reported being exposed to at least three, up from 46% in 2012. Those between 15 and 29 (58%) and those working...

In the second quarter of 2019, the percentage of Switzerland’s population working rose by 1.1% and the percentage unemployed fell to 4.2%, based on the higher International Labour Organisation’s (ILO) measure. © Pressahotkey | Dreamstime.comIn the second quarter of 2019, 5.1 million people were working in Switzerland, 60% of the population. The number working rose 1.1% compared to the previous year, particularly among women (+2.0%). Employment rose 0.3% among men. The number of...

Criticism of the Court of Justice of the European Union (CJEU) by Swiss unions intensified in 2007 after the Court ruled against workers in the Laval case in Sweden. © Paulgrecaud | Dreamstime.comLatvian workers were being paid less than the minimum wage on a construction site in Sweden. In protest, local workers blockaded the site. However, the CJEU ruled against the blockade on the grounds that it prevented the free movement of services. Swiss unions viewed the ruling as a failure...