Category Archive: 3) Swiss Markets and News
UBS warns of a looming shortage of workers in Switzerland
The Swiss bank UBS estimates there could be a shortfall of 500,000 workers in Switzerland in the coming 10 years as the baby boomer generation retires. However, the bank predicts the shortfall will not be even across all industries. Some sectors are expected to stagnate. Workers in these industries might find it harder to find work.
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Survey: one in ten Swiss jobs is ‘low paid’
Around 320,000 jobs in Switzerland are considered low paid, earning a gross monthly salary of under CHF4,335 ($4,400), according to the most recent nationwide statistics. In 2016, 12% of Swiss workers earned such a low monthly salary, the Federal Statistical Office (OFS) reported on Monday.
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Swiss fuel-related CO2 emissions remained stable in 2019
Despite an increase in the use of biofuels and electric vehicles, fuel-related carbon dioxide emissions remained unchanged in 2018 in the country. The stagnation was due to the increase in road traffic. Owing to a rise in the average number of kilometres Swiss residents travelled last year, as well as growth in higher-emissions passenger vehicles – mainly four-wheel drives – fuel-related CO2 emissions in 2017 were still 3.3% above their 1990 level,...
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Old Swiss trains get chance at new life online
The Swiss Federal Railways (SBB) is selling its old locomotives on the Internet. Control cars, rails, switches and a firefighting train with a CHF1 million ($1 million) price tag are among the vintage vehicles on sale. You will be hard pressed to find anything for less than CHF25,000 on SBBresale.ch, according to the Sunday editions of the German-language Blick newspaper and French-language Le Matin.
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Competition watchdog fines car leasing companies for collusion
The Swiss competition commission (COMCO) has fined eight car leasing firms a total of CHF30 million ($30.4 million) for having swapped information on rates. The fines were announced on Thursday and come after some years of regular and systematic information exchanges between the companies on interest rates, COMCO announced.
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Number below poverty line rises in Switzerland
In Switzerland, the revenue poverty line is income of CHF 27,108 (US$ 27,490) a year for someone living alone and CHF 47,880 (US$ 48,550) for a family of four. In 2017, the percentage of Switzerland’s population living below the poverty line was 8.2% or 675,000 people. In 2016, the percentage was 7.6%.
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Half a million Swiss jobs vacancies predicted in 10 years
Retiring baby-boomers and a shifting job market could mean a shortfall of up to 500,000 workers in Switzerland over the next decade, UBS forecasts. The bank proposes plugging the hole not only by immigration, but also by boosting more old and female workers. Basing its projections on long-term employment statistics, the bank says that the number of jobs to be filled could be anywhere between 300,000 and 500,000 over the next decade.
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Börsen-Talk vom 12. Juli 2019
Bankanalyst Andreas Venditti erwartet bei den Schweizer Grossbanken bessere Zahlen, wie er im Börsen-Talk sagt. Vor allem eine der zwei Banken stehe aber weiter stark unter Druck.
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Börsen-Talk vom 12. Juli 2019
Bankanalyst Andreas Venditti erwartet bei den Schweizer Grossbanken bessere Zahlen, wie er im Börsen-Talk sagt. Vor allem eine der zwei Banken stehe aber weiter stark unter Druck.
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Swiss exports to the US significantly exceed those to Germany for the first time
According to an analysis by the Swiss broadcaster RTS, Switzerland’s EU exports have declined in recent years. Over the first quarter of 2019, for the first time, exports to the US exceeded those to Germany by more than CHF 1 billion reaching CHF 15.7 billion. Exports to the US have risen from 8.3% to 16.3% of total Swiss exports over the last 30 years.
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Some 60 percent of all Swiss banknotes are hoarded, study finds
The amount of Swiss CHF1,000 notes that are hoarded rather than being used in the economy for payments could be as high as 87%, a study by the Swiss National Bank (SNB) has shown. The report, “Demand for Swiss banknotes: some new evidence”, estimates the volume of Swiss banknotes being stashed – rather than spent or invested – over the period 1950-2017.
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Voices from abroad
What do young Swiss abroad think about Switzerland and its politics? Nouvo brings you short videos about Switzerland, Swiss current affairs and the wider world. Keep up to date and watch the videos wherever you are, whenever you like. — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to …
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Rhino rehabilitation and release | A story of survival
Hoedspruit Endangered Species Centre (HESC) has for the first time, successfully released two rhino orphaned from poaching. As the gates opened, and the tentative pair crossed the threshold into the reserve, the magnitude of the moment became apparent. Tears and laughter were shared as Gertjie and Matimba were given a second chance at life, and …
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The rich get poorer for the first time since 2011
After seven years of growth, both the number of high-net-worth individuals (HNWIs) around the world and their total wealth declined in 2018, according to the latest World Wealth Report by consultants Capgemini. This trend was also seen in Switzerland.
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How much of my wealth should be offshore?
In a globalised world where money is moving freely, it is estimated that up to 50% of your wealth should be offshore. Annelise Peers, Chief Investment Officer, Investec Wealth & Investment, Switzerland discusses how Swiss and Japanese investors generally invest 50% of their wealth onshore and then go offshore for more volatile, riskier assets that …
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Are You Smarter Than A Lwando? Maps gets behind the wheel of vehicle finance
Welcome to a uniquely mzansi game show Are You Smarter Than A Lwando?, which is adorably hosted by little Lwando, with our very own Investec Private Banking brand ambassador, Maps Maponyane in the “hot seat”. In this episode, Maps learns about all things “VrrPha!”. From saving for a deposit on a vehicle to the hidden …
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Investing: Don’t sell your winners
Why time in the market is a better approach to investing than timing the market, according to John Haynes, Head of Research and Chairman of the Global Investment Strategy Group at Investec Wealth & Investment. Read more: https://invest.ec/2JiQi9M
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Investing: Time in the market vs timing the market?
Research shows that those who stay invested over the long run in a well-diversified portfolio will generally do better than those who try to profit from turning points in the market. The Global Investment Strategy Group from Investec Wealth & Investment share their views. Read more: https://invest.ec/2L9rnYm
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Is diversification a good investment strategy?
Why having an undiversified investment strategy a risky proposition, says the Global Investment Strategy Group from Investec Wealth & Investment. Read more: https://invest.ec/2L8Ku58
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Starmus, a rare constellation of intelligence and talent
The six-day festival in Zurich, Starmus, was the stuff of dreams for space enthusiasts – but why was the attendance so low? — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For more articles, interviews and …
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