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How a project in Peru supports sustainable cocoa – and serves Swiss interests
2026-01-13
Cocoa is in high demand and production is booming. In Peru, Switzerland is helping farmers grow cocoa more sustainably, while also ensuring Swiss chocolate producers have easy access to it. But funding for such projects in Latin America is shrinking. Luis Beltrán Vásquez, 78, has spent his entire life farming in Peru, mostly by raising …
Explainer: Swiss to vote on initiative to cut media licence fee
2026-01-12
On March 8, the Swiss will vote on an initiative that wants to almost halve the Swiss Broadcasting Corporation (SBC)’s television and radio licence fee for households and exempt companies from paying it. Critics say the cuts would be too drastic, arguing that national cohesion and democracy are at risk. The initiative is one of …
US tariff rate cut: Swiss press are upbeat but warn of high cost
2025-11-15
The Swiss media has breathed a collective sigh of relief following the announcement of a framework trade agreement on Friday that includes Washington slashing its tariffs on imported Swiss products to 15% from 39% and a pledge by Swiss companies to invest $200 billion in the US by the end of 2028. But newspaper editorials …
Swiss tech sector feels the squeeze of Trump’s tariffs
2025-11-14
The Swiss tech industry remains under heavy pressure. On top of global political uncertainty and a strong Swiss franc, US tariffs are making life difficult for companies, it was reported on Friday. +Get the most important news from Switzerland in your inbox Turnover rose by 3% in the third quarter of 2025 compared to the …
Swiss economy grew by 1.4% in 2024
2025-09-29
According to the latest data, the Swiss economy grew significantly in 2024. Gross domestic product (GDP) recorded an increase of 1.4% at the previous year’s prices, as reported by the Federal Statistical Office (FSO) on Monday. +Get the most important news from Switzerland in your inbox At current prices, it rose by 2.4% to CHF854 …
Switzerland enters digital trade deal with Singapore
2025-09-26
Switzerland is among the EFTA states ( also Iceland, Liechtenstein and Norway) that have signed an agreement on digital trade with Singapore. +Get the most important news from Switzerland in your inbox Swiss Economics Minister Guy Parmelin and representatives of the other EFTA states signed the deal with Singapore’s Minister for Trade Relations, Grace Fu, …
Swiss National Bank keeps key interest rate at zero
2025-09-25
The Swiss National Bank (SNB) is taking a break from interest rates. After six consecutive interest rate cuts, the key interest rate will remain at 0.00%, the SNB announced on Thursday. +Get the most important news from Switzerland in your inbox Inflationary pressure is practically unchanged compared to the previous quarter, the SNB wrote in …
Thyssenkrupp Presta cuts 570 jobs in Switzerland and Liechtenstein
2025-09-22
The crisis in the automotive industry is also hitting Switzerland hard. Thyssenkrupp Presta, a group specialising in the production of steering systems for cars, will cut up to 570 jobs in Liechtenstein and the Swiss canton of Appenzell Inner Rhodes. Over the next 12 months, the workforce will be reduced by a quarter, the subsidiary …
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