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Gotthard tunnel see traffic logjam at end of Easter break
2026-04-06
The northbound return journey through the Gotthard road tunnel in Switzerland caused a long traffic jam on Easter Monday. +Get the most important news from Switzerland in your inbox In the early afternoon, vehicles were jammed for nine kilometres between Faido and Airolo. As a result, travellers needed around 1 hour and 30 minutes more …
Swiss supermarkets recall cheese due to salmonella risk
2026-04-04
Swiss supermarket chains Coop and Migros are recalling several cheese products due to a possible risk of salmonella. +Get the most important news from Switzerland in your inbox Customers should not consume the affected products from the Landbrügg cheese dairy in Schüpfheim, Lucerne. This was triggered by a salmonella contamination found at the cheese dairy …
US expected to impose 100% tariffs on certain drugs: report
2026-04-02
The administration of United States President Donald Trump is preparing to impose 100% tariffs on certain drugs. The Financial Times reports that the tariffs could be announced later today and will be applied to pharma companies that have not reached an agreement with the White House. +Get the most important news from Switzerland in your …
Swiss imputed rental value to be abolished in 2029
2026-04-01
From the 2029 tax year, the imputed rental value on owner-occupied residential property will no longer be taxable in Switzerland. +Get the most important news from Switzerland in your inbox This was decided by the Federal Council on Wednesday, dismissing a request from alpine cantons to delay the tax change until at least 2030. Six …
Swiss lawmakers signal compromise on $22bn UBS capital plan
2026-03-31
Swiss lawmakers have assured senior UBS executives that they will water down stringent new rules as Bern finalises a decision on how much capital the country’s largest bank should hold. Senior parliamentarians have privately told UBS executives they would come up with a compromise on the finance ministry’s proposals, which would increase its capital requirements …
Swiss authorities investigate baby milk recalls
2026-02-16
The Swiss Federal Food Safety and Veterinary Office (FSVO) has opened an investigation into recalls of infant milk contaminated with cereulid toxin. + Get the most important news from Switzerland in your inbox FSVO deputy director Michael Beer told the Blick newspaper that “laboratory analyses are in progress” and that “the next step will be …
A great year for gold with a favourable 2026 ahead
2025-12-22
The year 2025 was a brilliant year for gold. The yellow metal gained more than 60%, steadily updating its records. Monday, for the first time in history, the $4400 (CHF3488) per ounce has been exceeded (i.e. the kilo is at around CHF113,000). And according to experts, the ingredients are all there for 2026 to be …
Is Switzerland losing its place in the world?
2025-12-22
It was a remarkably blunt public warning from the top of Switzerland’s biggest bank. UBS chair Colm Kelleher declared last month that Switzerland was “losing its lustre” and had reached a “crossroads with major challenges”. As evidence, he cited fierce competition in wealth management, US tariffs that have hit pharmaceuticals and other export sectors, and …
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