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Economists predict a weak economic year for Switzerland
2026-03-19
The Swiss government’s expert group expects economic growth of 1% – down from 1.1% forecast in December, according to the State Secretariat for Economic Affairs (SECO). This suggests the Swiss economy is likely to grow below average. The Swiss Economic Institute (KOF) at the federal technology institute ETH Zurich is also forecasting growth of 1%, …
Stranded in a crisis zone – who is responsible for repatriation?
2026-03-18
The military confrontation between Iran and a US–Israel-led alliance has entered its third week and impacted ten countries. Over 1,200 registered Swiss citizens remain in the Middle East region, yet no further repatriation flights are planned. Bern stresses personal responsibility, but criticism is mounting. Is it justified? The Gulf region – along with Israel – …
Switzerland stopping short of releasing oil reserves, says president
2026-03-14
Swiss President Guy Parmelin says there is currently no serious oil shortage in Switzerland. The government is therefore not yet heeding the International Energy Agency’s call to release its oil reserves, he told the press on Friday. +Get the most important news from Switzerland in your inbox “The International Energy Agency has called on its …
Roche reports positive results for experimental obesity drug
2026-01-27
Swiss pharma giant Roche said on Tuesday that a phase II clinical trial of its experimental obesity drug CT-388 had given positive results. +Get the most important news from Switzerland in your inbox In the study participants who received the active ingredient CT-388 once a week for 48 weeks lost over 20% of their body …
EU rail expansion bypassing Switzerland
2025-12-10
The European Union is planning a vast expansion of its high-speed rail network, which would not pass through Switzerland. At the same time, Swiss Federal Railways is developing direct connections to Europe. +Get the most important news from Switzerland in your inbox This weekend, the timetable change takes effect. For international services, Swiss Federal Railways …
Swiss hotel industry heading for new highs after strong summer
2025-12-08
The Swiss hotel industry remains on course for a record year. After another increase in overnight stays in October, the industry can look back on a consistently strong summer season. In October, the number of overnight stays climbed by 4.1% year-on-year to 3.47 million, as reported by the Federal Statistical Office (FSO) on Monday. Swiss …
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 …
Swiss commodities trader Glencore cuts 1,000 jobs
2025-12-03
Swiss commodities giant Glencore has eliminated around 1,000 posts as part of its turnaround plan announced in August. +Get the most important news from Switzerland in your inbox At the end of last year, the Zug-based multinational had some 84,000 employees. When questioned by the AWP agency, the company declined to provide any further details …
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