Tag Archives: Politics

The year 2024 is poised to be a critical period for the global economy and it already appears to be fraught with economic and geopolitical challenges, casting a dark shadow over the global landscape. Signs of a looming economic downturn are becoming increasingly evident and the many challenges we faced over the past year will certainly remain with us for many months to come. Economic and monetary landscape  Central bankers in most advanced economies...

The year 2024 is poised to be a critical period for the global economy and it already appears to be fraught with economic and geopolitical challenges, casting a dark shadow over the global landscape. Signs of a looming economic downturn are becoming increasingly evident and the many challenges we faced over the past year will certainly remain with us for many months to come. Economic and monetary landscape  Central bankers in most advanced economies have already all but...

After the catastrophic covid crisis of 2020 and 2021, the extremely impactful and consequential Russian invasion of Ukraine in 2022, many hoped that 2023 would break this terrible bad spell and finally present us all with some hope, economically, geopolitically, socially, technologically. Unfortunately, it only offered further reasons for serious concerns on all these fronts.  Economically, even though the official inflation rate followed a downward trajectory, in most major...

After the catastrophic covid crisis of 2020 and 2021, the extremely impactful and consequential Russian invasion of Ukraine in 2022, many hoped that 2023 would break this terrible bad spell and finally present us all with some hope, economically, geopolitically, socially, technologically. Unfortunately, it only offered further reasons for serious concerns on all these fronts.  Economically, even though the official inflation rate followed a downward...

read aloud pause X Switzerland’s parliament has finalised the 2024 budget after agreeing to a CHF10 million cut on humanitarian funding. Share Facebook Twitter E-mail Print Copy link On Thursday, the House of Representatives and the Senate chambers cleared up the last budget disagreements. The last sticking point was whether to retain or cut Swiss funding for the UN Agency for Palestinian Refugees (UNRWA).+ Budget: extraordinary spending...

The rules around state pensions for widows and widowers are significantly different, something deemed discriminatory by a ruling from the European Court of Human Rights (ECHR) in 2022. To remove the discrimination, the federal government plans to cut pensions for widows to bring them into line with those for widowers. Photo by RDNE Stock project on Pexels.comCurrently, women get a lifelong widows’ pension when their husband dies. Bereaved husbands only get one until their children reach...

Part II of II, by Claudio Grass, Switzerland One of the maxims I tend to mention quite often in sociopolitical debates or in response to arguments about the flawlessness of the democratic process is “the smallest minority is the individual”. To some, it might sound trite or banal, and perhaps it is; but it does carry a meaning that I believe is an essential human value and a fundamental building block for any civilized, productive and prosperous society. Any group of people,...

Part I of II, by Claudio Grass, Switzerland It is a worn-out cliché that many (if not most) political zealots meet their downfall because of their arrogance. “Pride goes before destruction, a haughty spirit before a fall,” the proverb goes, and it does prove true more often than not. The specific kind of pride, or haughty spirit, or plain hubris in this case, has to do with the certainty that some people have (one can’t imagine how and why it could have been originally...

Part I of II, by Claudio Grass, Switzerland It is a worn-out cliché that many (if not most) political zealots meet their downfall because of their arrogance. “Pride goes before destruction, a haughty spirit before a fall,” the proverb goes, and it does prove true more often than not. The specific kind of pride, or haughty spirit, or plain hubris in this case, has to do with the certainty that some people have (one can’t imagine how and why it could...

The number of tenancy disputes in Switzerland jumped 42% in the first half of 2023 compared to the second half of 2022, reported the government this week. Photo by Alex Green on Pexels.comAcross Switzerland a total of 17,519 tenancy or lease arbitration proceedings were initiated between January and June 2023. The rising number of disputes follows rent hikes, often triggered by increases in Switzerland’s rent reference rate, a rate that tracks the average mortgage rate, a cost borne by...