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Swiss franc surges to decade high as traders seek last ‘reliable’ haven
2026-01-28
Alpine currency at strongest level since 2015 shock appreciation, putting pressure on central bank. The Swiss franc has surged to its strongest level against the US dollar in more than a decade, as a stampede into what traders are calling currency markets’ last “reliable” haven poses an increasing problem for the Swiss National Bank. The …
Trump’s first year, Greenland and tariffs, and NASA’s Moon plans
2026-01-21
Welcome to our press review of events in the United States. Every Wednesday I look at how the Swiss media have reported and reacted to three major stories in the US – in politics, finance and science. All eyes were on the Swiss mountain resort of Davos on Wednesday as US President Donald Trump flew …
Switzerland adopts negotiating mandate for tariff agreement with US
2025-12-05
The Swiss government approved the draft negotiating mandate for a trade agreement with the United States on Friday. It will now consult the relevant parliamentary committees and the cantons. +Get the most important news from Switzerland in your inbox The basis for the negotiating mandate is the legally non-binding declaration of intent between Switzerland and …
OECD expects only moderate Swiss economic growth
2025-12-02
According to the OECD, the Swiss economy is likely to pick up only slightly in the coming years. The lower tariff rates in trade with the United States are improving the outlook slightly, but growth will be driven primarily by domestic consumption. +Get the most important news from Switzerland in your inbox The Organisation for …
Switzerland and India sign memorandum on mobility
2025-10-15
On Wednesday, Switzerland and India signed a memorandum of understanding on mobility systems. The agreement is intended to facilitate access for Swiss companies to major Indian transport infrastructure projects. + Get the most important news from Switzerland in your inbox The Swiss government approved the agreement on October 8, according to a press release. The …
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 …
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 …
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