Category Archive: 3) Swiss Markets and News

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The Swiss village that wants to become a hotel

2018-08-06

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Only 12 inhabitants now live in the village of Corippo in the Verzasca Valley, southern Switzerland. To survive, it is becoming a hotel resort for tourists looking for a different vacation experience. — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a …

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‘Being overweight doesn’t mean you don’t have sex’

2018-08-06

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“True Talk” puts people in front of the camera who are fighting prejudice or discrimination. They answer questions that nobody would normally dare to ask directly. — 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 …

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CEO of Baselworld steps down

2018-08-05

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2018-08-05

The head of the world’s largest watch and jewellery trade show, the Swiss-based Baselworld, has handed in his resignation amid a row over the departure of several exhibitors. The MCH Group announced that CEO Peter Kamm would resign from his position “in view of the fundamental transformation phase in business operations”.

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Swiss court blocks French request for UBS banking data

2018-08-04

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2018-08-04

Switzerland’s Federal Administrative Court has ordered the Federal Tax Administration (FTA) not to provide France with details about 40,000 UBS bank clients with French addresses. In May 2016, the French tax authorities requested administrative assistance from the FTA. They wanted details about UBS clients who lived or had lived in France.

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Börsen-Talk vom 3. August 2018

2018-08-03

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Aktienspezialist Erhard Lee verliert bei Marktschwankungen die Contenance nicht. Im Börsen-Talk sagt er, wieso seine langjährigen Favoriten immer noch gute Investments sind. Er nennt aber auch Einstiegsaktien.

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Börsen-Talk vom 3. August 2018

2018-08-03

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Aktienspezialist Erhard Lee verliert bei Marktschwankungen die Contenance nicht. Im Börsen-Talk sagt er, wieso seine langjährigen Favoriten immer noch gute Investments sind. Er nennt aber auch Einstiegsaktien.

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IT made compulsory for upper secondary pupils

2018-08-03

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2018-08-03

Computer science has become obligatory at Swiss upper secondary schools, as the country seeks to plug its information technology (IT) skills gap. These schools (Gymnasium/lyceé/liceo), whose pupils typically go on to university, have until the school year 2022/3 to introduce the compulsory lessons, under a regulation change that came into force on August 1. Previously, IT had the status of a non-obligatory supplementary subject.

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Switzerland’s young socialists restart the debate on first class train seats

2018-08-02

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2018-08-02

Recently, members of the young socialists raised the debate of the social inequalities associated with two ticket classes again while on trains travelling between Fribourg and Bern. They complain that at periods of peak demand second class carriages are overflowing, while first class ones often have space and spare seats.

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Beaver attack!

2018-08-02

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Wild animals like bears, wolves and beavers are protected by law and cannot, as a rule, be hunted. But now Parliament wants to amend the Hunting Act and loosen the restrictions, especially if the animals concerned cause damage. Swiss public television, SRF saw how animals and people can get in each other’s way. (SRF/swissinfo.ch) — … Continue...

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The Swiss El Dorado for drones

2018-08-02

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Switzerland is reaching for the stars when it comes to drones and is aiming to become a hub for the drone industry. The Swiss drone industry’s focus is not on gadget-lovers who use drones for fun, but on more sophisticated applications, from landscape surveys to a light show in a concert hall. (SRF/swissinfo.ch) — swissinfo.ch …

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Peat retreat: How Swiss biodiversity declined

2018-08-02

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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. The story of Swiss wetlands – or how, in a few strokes, humankind has destroyed what nature built over thousands of years. — swissinfo.ch is the international …

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Central bank back in the black after shaky 2018 start

2018-08-01

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2018-08-01

The Swiss National Bank (SNB) has reported strong profits for the first half of the year, largely thanks to a weakening franc and gains in the foreign currency market. The results, published in an SNB press releaseon Tuesday, show overall profits of CHF5.11 billion ($5.17 billion) for the first six months of 2018, compared with CHF1.22 billion the previous year.

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The longer-term effects of global warming

2018-07-31

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What will the earth look like in 1,000 or even 5,000 years’ time? To find answers, climate researchers from around the world have analysed the data for individual warm periods in the past. (SRF/swissinfo.ch) — swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to …

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Budding directors on their film school of choice

2018-07-31

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Trainee directors explain why they like film school and how they work with the Locarno Festival. (Julie Hunt, swissinfo.ch) — 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 videos visit swissinfo.ch …

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From Serbia to the Swiss Alps: a bear’s adventure

2018-07-31

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Napa the rescued circus bear has taken his first steps outdoors in his Alpine enclosure at the Arosa Bear Sanctuaryexternal link in Graubünden, which opens to the public on August 4. This video records his early moments of feeling the grass beneath his paws. He’s one of five rescue bears that will be housed there. …

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Swatch Group withdraws from Baselworld

2018-07-31

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2018-07-31

With the departure of its largest exhibitor from 2019, it’s yet another setback for the world’s largest watch and jewellery trade show, which has seen participation dwindle in recent years.

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Economiesuisse warns of economic dangers of vote against foreign judges

2018-07-30

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2018-07-30

The business and industry association Economiesuisse says the up-coming vote on 25 November 2018 on self-determination puts the Swiss economy at risk. The Swiss People’s Party led initiative entitled: Federal law instead of foreign judges, aims to cement the primacy of Swiss law over international law by adding a clause to Switzerland’s constitution.

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Geneva set to vote on maintaining public spending in the face of company tax reform

2018-07-29

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2018-07-29

An initiative entitled: zero losses, was filed this week in Geneva. It aims to ring fence current public spending in the face of future company tax reform. The initiative gathered 9,147 signatures, more than the 7,840 required.

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Switzerland’s special tax deals less attractive from 2021

2018-07-28

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2018-07-28

Foreigners who don’t work in Switzerland can benefit from special tax deals known as lump sum taxation, or for fait fiscal in French. Instead of paying tax on their worldwide income and assets their tax is calculated based on their living expenses. When someone becomes Swiss they automatically lose eligibility.

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Majority favours later retirement for women, according to survey

2018-07-27

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2018-07-27

In Switzerland, the official retirement age for women is 64, a year earlier than it is for men. A poll by gfs.bern shows that around two thirds are in favour of raising the retirement age of women to 65. Only 16% are against the idea, with a further 18% somewhat against it. Men (78%) are more in favour of the change than women (54%), according to the newspaper 20 Minutes.

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