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Chocolate bounty: Ghana at war against cocoa smugglers
2025-11-05
The disconnect between high global cocoa prices and the price paid to farmers has resulted in unprecedented cocoa smuggling across Ghana’s borders. In mid-September, a minibus travelling from Ghana’s capital Accra was intercepted further north-east in the town of Sagakope by the Sogakope District Police and the National Anti-Cocoa Smuggling Taskforce. The vehicle was stopped …
Critics of inheritance tax initiative to spend millions on campaign
2025-10-31
The opponents of the Swiss initiative to tax million-franc inheritances are spending big on the referendum campaign. The various committees have budgeted CHF3.67 million ($4.57 million) for the no campaign – many times more than those in favour. +Get the most important news from Switzerland in your inbox This is shown by figures from the …
SNB posts nine-month profit of CHF12.6 billion
2025-10-31
The Swiss National Bank (SNB) made a profit in the first nine months of 2025. This was thanks to the profitable third quarter following a loss in the first half of the year. +Get the most important news from Switzerland in your inbox According to a statement on Friday, profit for the nine-month period totalled …
SWISS grounds its Airbus A220-100s
2025-10-30
Faced with engine maintenance problems and a shortage of spare parts, Swiss International Airlines (SWISS) decided to take all nine of its relatively small Airbus A220-100s out of service with immediate effect for one and a half years. + Get the most important news from Switzerland in your inbox This was indicated by Chief Financial …
UBS bank posts $2.5 billion Q3 profit
2025-10-29
Swiss bank UBS posted a net profit of $2.5 billion in the third quarter, up 74% year-on-year, thanks to its core business and the dissolution of provisions for legal risks. + Get the most important news from Switzerland in your inbox The bank also made progress with its cost-cutting programme following the takeover of Credit …
Swiss lawmakers back media copyright fees for digital giants
2025-10-28
Large online services such as Google and X should pay copyright fees when they display extracts from newspaper articles, says a Swiss parliamentary committee. + Get the most important news from Switzerland in your inbox However, the House of Representatives Committee for Transport and Telecommunications (KVF-N) wants to refer the corresponding bill back to the …
Explainer: How the new US tariffs are already impacting the Swiss economy
2025-09-08
On August 1, US President Donald Trump announced a tariff of 39% for Switzerland. The effects are slowly becoming visible. Only five countries have higher tariffs for their exports to the US than Switzerland. Of all the industrialised nations and European countries, Switzerland has the highest US tariffs. At the same time, the US has …
Switzerland held “constructive” tariff meeting in Washington
2025-09-06
Swiss economics minister Guy Parmelin says a meeting in Washington to discuss tariffs with United States officials was “constructive”. +Get the most important news from Switzerland in your inbox Switzerland sees good opportunities for both countries and wants to strengthen the partnership, he wrote on the social media platform X on Saturday night. Parmelin met …
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