Between 1999 and 2017 the amount of organic food produced on Swiss farms more than doubled. © Stefano Ember | Dreamstime.com In 1999, 5.3% of Switzerland’s farm output was organic. By 2017 this figure had risen to 11.7%. In 1999, Swiss farms produced CHF 562 million worth of organic food. In 2017, they produced CHF 1.2 billion. Consumers are spending more and more on organic produce. From 1998 to 2017, the average percentage of total food expenditure on organic food rose from 4% to 9%. Based...
Read More »Climate change contributes to surprise fall in Swiss GDP
Third quarter Swiss GDP figures released yesterday show Switzerland’s economy shrank compared to the quarter before. © Tobias Arhelger | Dreamstime.com GDP for the quarter to September was down by 0.2% compared to the quarter before, ending an 18-month run of quarterly growth. The fall in Swiss GDP follows a quarterly slowdown across the rest of Europe, in Germany in particular. A fall in the output of Germany’s automotive sector has had a knock on effect in Switzerland. Swiss manufacturing...
Read More »Swiss agricultural policy costs households 2,500 francs a year, according to study
Switzerland’s agricultural sector costs the country CHF 19.9 billion while contributing only CHF 3.4 billion, concludes a study published by the think tank Avenir Suisse. © Denis Linine | Dreamstime.com The CHF 19.9 billion cost is made up of tax breaks and direct federal and cantonal payments to the sector (4.9b), the cost of artificially inflated consumer prices due to import restrictions (4.6b), environmental damage (7.3b), and the cost to export businesses (3.1b) from agricultural trade...
Read More »New long-haul budget airline from Basel launches fundraising
The idea is simple. Keep costs low by flying point-to-point, thus avoiding costly hubs, use one model of aircraft to contain pilot and aircraft maintenance costs, and charge passengers for everything from coffee to checked-in luggage. Southwest Airlines was first to launch the model and copycats like EasyJet followed. First transatlantic flight of an Airbus A321LR © Airbus Now a new, yet to be named, airline plans to offer direct flights from Basel-Mulhouse to cities in North America, with...
Read More »Negative Value Added of Switzerland’s Agricultural Sector
Farmers in Switzerland receive about CHF 2.7 billion in direct financial support annually. Total financial support by the federal and cantonal governments equals more than CHF 4 billion. But according to a report published by Zurich based think tank Avenir Suisse, this financial support constitutes just a minor part of the transfers from society at large to farmers, due to explicit and implicit subsidies, privileges, and—most importantly—negative externalities. A list of privileges...
Read More »Negative Value Added of Switzerland’s Agricultural Sector
Farmers in Switzerland receive about CHF 2.7 billion in direct financial support annually. Total financial support by the federal and cantonal governments equals more than CHF 4 billion. But according to a report published by Zurich based think tank Avenir Suisse, this financial support constitutes just a minor part of the transfers from society at large to farmers, due to explicit and implicit subsidies, privileges, and—most importantly—negative externalities. A list of privileges...
Read More »Daylight savings likely to go in Switzerland
After a public consultation where 84% of 4.6 million people across the EU called for an end to daylight savings, EU Commission President Jean-Claude Juncker said millions “believe that in future, summer time should be year-round, and that’s what will happen”. © Marekusz | Dreamstime.com The European Parliament said it is “crucial to maintain a unified EU time regime”. This would most likely mean Switzerland would also drop the practice, despite being outside the EU. In February 2017,...
Read More »Swiss meat processor, Bell, invests in synthetic meat
This week, Bell, a Swiss meat processor, announced an investment in Dutch synthetic meat start-up Mosa Meat. A burger made from Cultured Beef Mosa Meat, a leader in the market of cultured beef, was co-founded by Mark Post of the University of Maastricht, who is considered to be the global pioneer in the production of cultured meat. Rather than a meat substitute, cultured meat is meat grown in vitro. Muscle cells are extracted from an animal and placed in a solution that feeds them and allows...
Read More »Swiss Rail drops plan to put Wi-Fi in trains
Swiss Rail has dropped plans to install Wi-Fi in its trains, according to the newspaper Le Matin. © Katie Nesling | Dreamstime.com - Click to enlarge After a survey revealed that customers would only use on-board Wi-Fi it was free, the company decided there was no justifiable way to cover the cost, according the the newspaper. Swiss Rail is not prepared to bear the costs the mobile operators would charge them for the...
Read More »Swiss Rail drops plan to put Wi-Fi in trains
Swiss Rail has dropped plans to install Wi-Fi in its trains, according to the newspaper Le Matin. © Katie Nesling | Dreamstime.com After a survey revealed that customers would only use on-board Wi-Fi it was free, the company decided there was no justifiable way to cover the cost, according the the newspaper. Swiss Rail is not prepared to bear the costs the mobile operators would charge them for the service and cannot not justify adding the cost to ticket prices. Someone has to pay and that...
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