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Swiss alliance of parties submits referendum against individual taxation
2025-10-09
A non-partisan alliance submitted 65,672 signatures on Thursday in favour of a referendum against the introduction of individual taxation. According to the alliance, the reform passed by the Swiss parliament will probably be put to voters in March 2026. The signatures were submitted by members of several parties: The Centre, the right-wing Swiss People’s Party, …
‘Around 20,000 jobs at risk’ in Switzerland over US tariffs
2025-10-08
The 39% tariffs imposed by the US could cost the Swiss economy up to 20,000 jobs, says UBS economist Thomas Veraguth. +Get the most important news from Switzerland in your inbox “The uncertainty is at all levels, but it is obviously very different from one company to another,” the expert emphasised in an interview broadcast …
Swiss gold shipments to US soared in July
2025-08-21
Swiss gold exports to the United States soared in July. Almost five times as much precious metal was sent compared to the previous year – 54 tonnes worth almost CHF4.7 billion. +Get the most important news from Switzerland in your inbox Last month, Switzerland exported a total of 139 tonnes of gold worth CHF12 billion, …
Over 6,000 apprenticeships remain unfilled in Switzerland
2025-08-17
By mid-August, which is the start of the Swiss school year, some 6,400 apprenticeship vacancies remain, mainly in the construction, catering and machinery industries. This is a quarter fewer than 12 months ago (8,500). +Get the most important news from Switzerland in your inbox These figures, published on Friday by the Yousty apprenticeship platform, show …
Switzerland follows the EU with new sanctions against Russian oil
2025-08-12
Switzerland is stepping up its sanctions against Russia in the context of the war in Ukraine. The measures are aimed at Russia’s oil windfall. The European Union (EU) approved the same package of sanctions in mid-July, the 18th since the start of the war. A total of 14 new individuals and 41 new companies and …
Child labour risks in chocolate supply chains go beyond just cocoa
2025-06-18
While cocoa gets the most attention from the chocolate industry when it comes to eliminating child labour, other ingredients like sugar, nuts or vanilla are also high risk. On June 11, the International Labour Organisation announced its global estimate for child labour that it publishes every four years. The report, that it prepared with the …
Dubai chocolate trend leaves Swiss chocolatiers competing for pistachios
2025-06-12
The TikTok-fuelled popularity of Dubai chocolate has prompted Swiss chocolate companies to develop their own versions, spiking demand for pistachios. Dubai chocolate was created in 2021 by British-Egyptian entrepreneur Sarah Hamouda, the founder of Dubai-based FIX Dessert Chocolatier. The chocolate filled with pistachio cream, tahini and kadayif (crispy pastry threads often used in oriental desserts) …
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