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Tag Archives: Editor’s Choice

Cannabis cigarettes soon available at Coop

20 Minutes. Low-THC cannabis cigarettes will soon be available in the Swiss supermarket chain Coop. Heimat cigarettes_source Facebook Products with less than 1% tétrahydrocannabinol (THC) are not illegal in Switzerland, however their rapid rise in popularity has created controversy. Selling such products in supermarkets is a significant step in the product’s evolution. Swiss cigarette manufacturer Heimat has come up with a new product which combines tobacco with low-THC cannabis. This new...

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Swiss franc more overvalued than 6 months ago according to Economist burger index

The Economist magazine’s 6-monthly Big Mac index shows the Swiss franc to be even more overvalued than it was in January 2017. © Pamela Mcadams The index, which compares the US$ price of a Big Mac around the world places Switzerland at the top with a price of US$ 6.74. This is 27.2% more expensive than the United States where the same burger costs US$ 5.30. In January 2017, the same burger in Switzerland cost US$ 6.35 and US$ 5.06 in the US making the Swiss one 25.5% more pricey. The cheapest...

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Swiss franc more overvalued than 6 months ago according to Economist burger index

The Economist magazine’s 6-monthly Big Mac index shows the Swiss franc to be even more overvalued than it was in January 2017. © Pamela Mcadams The index, which compares the US$ price of a Big Mac around the world places Switzerland at the top with a price of US$ 6.74. This is 27.2% more expensive than the United States where the same burger costs US$ 5.30. In January 2017, the same burger in Switzerland cost US$ 6.35 and US$ 5.06 in the US making the Swiss one 25.5% more pricey. The cheapest...

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Swiss cheese fraudster gets 3 year prison sentence

20 Minutes. A court in the canton of St. Gallen sentenced a cheese vendor to three years in prison, half of it behind bars. © Marco Guidi The man was judged guilty of fraudulently using Switzerland’s world-famous Emmental cheese brand and other crimes. In addition to prison, the cheese seller was ordered to pay CHF 1 million in relation to illegal cheese sales – 3,500 tonnes of cheese pretending to be Emmental was sold – and other forms of fraud including breach of trust, unlawful business...

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Over two thirds of Swiss would like to change jobs

A survey shows that 71% of those working in German-speaking Switzerland would change jobs if they could. Dream jobs vary significantly by gender. © Digitalstormcinema | Dreamstime.com The survey, conducted by Marketagent.com on behalf of XING Switzerland, questioned around 1,000 employees in German-speaking Switzerland between the ages of 18 and 65. If age and and education could be ignored, 71% of the group said they would switch jobs. Dream jobs for men, in order of popularity, include:...

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Swiss franc outstrips other currencies over last 117 years

Recent analysis by Credit Suisse, London Business School and Cambridge Judge Business School shows the Swiss franc’s enduring strength. © Sergey Kuzmin – Dreamstime.com The reports says that for a small country with just 0.1% of the world’s population and less than 0.01% of its land mass, Switzerland punches well above its weight financially. The country has had the world’s lowest 117-year average annual inflation rate of just 2.2%. This low inflation is one of the phenomena that has given...

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Switzerland’s most beautiful villages

By Bill Harby Congratulations Moudon. This enchanting hamlet is the newest official member of a coterie of beautiful historic Swiss villages. Moudon, Vaud. Source: Roland Zumbühl of Picswiss Generally, the Swiss don’t like to brag. Even when it comes to cheeses, chocolate and direct democracy, they’re more likely to just offer you a taste and let you decide for yourself. But when it comes to the many historic villages that dot the countryside, the taciturn Swiss can get quite gabby. They even...

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Swiss Rail to launch app that lets you pay when you arrive

Swiss Rail plans to test a new smartphone app that will charge you when you arrive. The app will automatically search for the cheapest fare once the journey has ended, promising users the lowest possible fare. David Schweizer © SBB CFF FFS The new app, which will be added to Mobile Preview, will be tested in 2018. Two companies, Lezzgo and Fairtiq, already offer a similar service. Their apps track your phone and require you to check in and check out when you reach your final destination. If...

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Swiss Rail to launch app that lets you pay when you arrive

Swiss Rail plans to test a new smartphone app that will charge you when you arrive. The app will automatically search for the cheapest fare once the journey has ended, promising users the lowest possible fare. David Schweizer © SBB CFF FFS The new app, which will be added to Mobile Preview, will be tested in 2018. Two companies, Lezzgo and Fairtiq, already offer a similar service. Their apps track your phone and require you to check in and check out when you reach your final destination. If...

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Higher Swiss health premiums for those with big deductables

The Swiss government announced plans to reduce the discounts offered to those willing to risk paying the first chunk of their annual medical bills. It also plans to adjust deductibles in line with shifts in medical costs. This will be discussed until 19 October 2017. © Scanrail | Dreamstime.com Switzerland’s compulsory basic health insurance can be bought from a range of private insurance companies, however these companies must work within rules set by the government, who set both the size of...

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