Category Archive: 3) Swiss Markets and News
Investigation into collapse of Credit Suisse beset by delays
In March 2023, Credit Suisse collapsed. An uncontrolled bankruptcy could only be prevented by big government aid and an emergency merger with competitor UBS. Switzerland is now waiting for a parliamentary inquiry report to reveal who was at fault as the bank disintegrated.
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CEO pay: can Switzerland compete with the US?
Swiss CEOs are some of the best paid in Europe but compared to peers in the United States, their salaries look modest. Some in the Swiss pharmaceutical industry see this as a problem.
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SWISS reports highest ever profit
SWISS’ turnover totalled CHF5.3 billion ($6 billion) last year, the airline announced on Thursday, a significant increase on the previous year’s CHF4.4 billion, and a return to 2019 levels for the first time since the pandemic.
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Vorwort des Buches « L’Humanité vampirisée ». Philippe Bourcier de Carbon (version Allemande)
Philippe Bourcier de CarbonIngenieur der Hochschule Polytechnique, DemographGründungsvorsitzender von AIRAMA, « Internationale Allianz für die Anerkennung der Beiträge des Nobelpreisträgers Maurice Allais »
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Swiss exports to Russia suspected of evading sanctions
Since the beginning of the Ukraine war, Swiss exports to countries close to Russia have increased significantly – which points to a possible evasion of sanctions.
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Switzerland’s marriage tax penalty back in the spotlight
Married couples in Switzerland are taxed together, unlike unmarried couples who are taxed individually. This often acts as a tax disincentive for one spouse to work, disproportionately affecting women.
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More than 17,000 drivers fined in a month on one Zurich street
At the end of September 2023, driving was banned on a 60 metre section of Langstrasse in Zurich. To enforce the ban, cameras were later set up on 8 January 2024 to catch and fine errant drivers. Since then 17,310 fines have been issued.
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Swiss supercomputer aims to make AI open to all
Much of the progress being made in AI is captured within private companies aiming to keep in to themselves in order to profit from it. Open AI, a project started as an open-source non-profit has morphed into a largely closed-source profit-maximising project increasingly integrated into the software company Microsoft.
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Swiss government deficit larger than predicted
The federal government spent less in 2023 than budgeted but overestimated revenue. The net effect was an additional shortfall of CHF 1.4 billion, reported SRF.
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Young Socialists demand inheritance tax on ‘super rich’
The wealthiest in society “must pay for the fight against the climate crisis”, said the group on Thursday as they handed in over 140,000 signatures for a people’s initiative.
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India eyes $100bn investment deal with Switzerland and Norway
India is close to finalising a first-of-its-kind trade deal that could see a small group of European nations invest as much as $100 billion (CHF87 billion) over 15 years in exchange for easier trade access to the world’s most populous nation, according to people with knowledge of the matter.
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Switzerland marks start of China’s ‘high-level exchange’ with Europe
Chinese Premier Li Qiang is visiting Switzerland this week. The official state visit by China’s second highest ranking official signals a renewal in Sino-Swiss ties and the kick-off of his “high-level exchange” with Europe. Here’s what you need to know about official Swiss-Chinese relations.
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Investitionstipps für Anfänger: Praktische Ratschläge für den Einstieg
Investieren unterscheidet sich grundlegend vom bloßen Spekulieren oder dem Hoffen auf schnelle Gewinne, wie man sie vielleicht in einem Casino erwarten könnte. Es geht vielmehr darum, durchdachte und informierte Entscheidungen zu treffen, die auf einer langfristigen Perspektive und einem Verständnis des Marktes basieren. Für Neulinge in der Welt der Finanzen kann dies eine Herausforderung darstellen, aber mit den richtigen Werkzeugen und...
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Die besten Möglichkeiten, in Deutschland Geld zu überweisen
Überweisungen kennen viele von uns, oder? In Deutschland haben wir viele Möglichkeiten, unser Geld sicher von A nach B zu überweisen. Doch was steckt eigentlich hinter diesen Methoden? Schauen wir uns die gängigsten Wege an. Was macht sie so besonders und sicher?
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Swiss banker pleads guilty to tax offences in the US
A Swiss banker has pleaded guilty to tax offences in the United States. Between 2008 and 2014, he allegedly helped wealthy US clients hide their assets from the US authorities in accounts at Zurich-based Ihag Privatbank.
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Inside Geneva: UN Correspondents assess 2023
In this episode Imogen Foulkes is joined by New York Times contributor Nick Cumming-Bruce, Emma Farge of Reuters, and Dorian Burkhalter of Swissinfo, to look back at 2023 and the stories that made the news.
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Swiss budget agreed with humanitarian spending cut
Switzerland’s parliament has finalised the 2024 budget after agreeing to a CHF10 million cut on humanitarian funding.
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Inside Geneva talks to Navi Pillay: from the apartheid regime to the UN
On Inside Geneva: part four of our series marking the 75th anniversary of the Universal Declaration of Human Rights. Imogen Foulkes talks to Navi Pillay, who served as UN Human Rights Commissioner from 2008 to 2014.
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Politicians want 75% of Swiss CO2 emissions to be cut at home
Switzerland must reduce at least three-quarters of its carbon emissions in the Alpine country, the House of Representatives agreed on Wednesday.
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Palliative care without the hospital vibe
Many people who are terminally ill would prefer to spend their last days at home. However, this is often not possible. "La Maison de Tara" in Geneva offers a cosy alternative to hospital. Round-the-clock care by volunteers, home cooked food and medical assistance on tap are all part of its charm. The volunteers say "it's not a house of death but a house of love". swissinfo.ch visited the home to find out why.
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