Category Archive: 3) Swiss Markets and News

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Luftfahrtindustrie: Rückblick auf 2023 und Prognose für 2024

Die Luftfahrtindustrie ist ein integraler Bestandteil des globalen Transportsystems und verbindet Menschen und Güter über große Entfernungen hinweg. Im Jahr 2023 zeigte die Branche trotz beispielloser Herausforderungen aufgrund der COVID-19-Pandemie Widerstandsfähigkeit und Anpassungsfähigkeit. Während wir uns auf das Jahr 2024 vorbereiten, wollen wir uns die Zahlen aus dem Jahr 2023 genauer ansehen und die Prognose für den Luftfahrtsektor im...

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Switzerland braced for wave of bank staff layoffs

Redundancies at Switzerland's largest bank will test the capacity of the financial sector to absorb jobs. A year ago Credit Suisse staff were stunned by the sudden demise of their bank. Many are now fighting for their careers with 3,000 Swiss posts set to be axed by their new employer UBS, starting this year.

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UBS must build up more equity, says Swiss government

UBS already has to build up additional equity capital because it has become much larger as a result of the Credit Suisse takeover, Finance Minister Karin Keller-Sutter said.

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Switzerland’s Growing Online Gambling Ecosystem and the Rise of iGaming White Label Solutions

Switzerland is gaining recognition for something beyond its stunning landscapes and precision timepieces – its rapidly expanding online gambling industry. The remarkable growth in gaming platforms' popularity has been partly fueled by the adoption of igaming white label casino online solutions. These pre-built, fully licensed operational setups allow new ventures to launch their online casinos or sports betting sites swiftly.

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Former CERN director Herwig Schopper talks about the impact of physics on peace

In this video the German experimental physicist Herwig Franz Schopper looks back at some of his highlights and encounters during his career and shares some personal thoughts on research. Herwig Schopper was the director general of CERN from 1981 to 1988. This February he turned 100 years old. - Contents of this video - 00:09 - Margaret Thatcher visits CERN 00:55 - Pope John Paul II visits CERN 02:12 - The invention of the World Wide Web Find...

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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 vote: ‘yes’ to higher pensions, ‘no’ to retiring later | #switzerland #pension #vote

Yesterday, Swiss voters agreed to increase state pensions and maintain the retirement age at 65. ?️ Here are three key points to bear in mind about the votes: ?Voter turnout was far above average, at 58%. ?It was the first time a people’s initiative launched by trade unions won over Swiss voters. ?Not a single canton voted in favour of raising the retirement age to 66. Tap here to read our analysis piece about five key takeaways from the vote:...

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This Day in History – Switzerland recognises Kosovo’s independence | #switzerland #kosovo

Exactly 16 years ago, the Swiss government joined the United States, the United Kingdom, Germany and others in recognising Kosovo’s independence from Serbia. February 27 became a joyous day for Kosovars in Switzerland but less so for Swiss-based Serbs. Around 250,000 people of Kosovo origin live in Switzerland. The bond between Kosovo and Switzerland remains strong, encompassing political and economic ties, as well as deep-rooted historical and...

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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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Can South Africa accuse Israel of genocide? | Listen to our Inside Geneva #podcast

The International Court of Justice (the United Nations’ top court) is considering charges of genocide against Israel. The case was brought by South Africa. Can that really work? Or will this high-profile case simply distract from other human rights violations? Find out all about it in our Inside Geneva podcast ? ?Apple podcasts:...

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South Africa’s genocide case against Israel | Part 1

There has been a lot of talk about Israel being accused of genocide by South Africa. ??????⁠ ⁠ But what exactly is this case all about? And what is the legal definition of "genocide"? ⁠ In this video, we explain what the International Court of Justice (ICJ) is and does, and what the possible future developments of the case could be.⁠ ⁠ Tap here to listen to our Inside Geneva podcast where host Imogen Foulkes explains it all in detail....

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