Category Archive: 3) Swiss Markets and News
Swiss government wants to lower licence fee to CHF300
The government wants to reduce the annual radio and television licence fee from the current CHF335 ($372) to CHF300 by 2029. The turnover threshold for companies to qualify for exemption has been raised from CHF500,000 to CHF1.2 million.
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Switzerland scraps electric car tax exemption
Anyone who owns an electric car in Switzerland will have to pay automobile tax from January 1.
The Federal Council decided on Wednesday to repeal this tax exemption for electric cars, which has been in effect since 1997.
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No real wage growth expected in 2024: UBS survey
Purchasing power in Switzerland is likely to remain under pressure next year. Companies surveyed by UBS want to pay their employees more wages for 2024, but higher salaries cannot compensate for the inflation.
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Swiss potato harvest expected to drop by a third
This year's potato harvest has been disappointing with growers expecting a drop of around a third compared with recent years. Yields are still difficult to estimate at the moment. The final figures will not be known until early December, Ruedi Fischer, President of the Swiss Potato Growers' Association (USPPT), told press agency Keystone-SDA.
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Will a project to reintroduce European bison into Swiss forests work?
The European bison, a species that differs slightly from its north American cousin, died out in Europe. Now it is to be reintroduced in Switzerland. Can a densely populated country tolerate such a large wild animal?
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Price cuts on 350 medicines in Switzerland
With the ever rising cost of of Swiss healthcare, the government has been hunting for savings. This week it announced that it has ordered price cuts on 350 medicines from 1 December 2023, reported RTS.
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Swiss finance minister wins 2023 obfuscation award
Every year, investigativ.ch, an association of investigative journalists, bestows an award on the public figure it deems to have exercised the lowest levels of transparency during the year.
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Swiss inflation returns in October
Consumer prices increased by 0.1% in October 2023, reported Switzerland’s Federal Statistical Office (FSO) this week.
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Credit Suisse wins London lawsuit over RMBS-linked notes
Credit Suisse on Friday won a lawsuit at London’s High Court over the sale of $100 million (CHF90.47 million) of notes linked to residential mortgage-backed securities.
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Swiss authorities reportedly mull new rules to prevent bank runs
Swiss authorities and lenders, including UBS, are discussing new measures to prevent bank runs after Credit Suisse’s last-ditch rescue earlier this year, four sources familiar with the matter told Reuters.
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What CERN’s next-generation particle collider could look like
Scientists at the European Organization for Nuclear Research (CERN) near Geneva are taking the next steps towards creating a huge particle collider. With the Future Circular Collider (FCC), they want to search for new physics and answer fundamental questions about our universe. We visited the CERN sites to learn more about particle physics and their plans.
Particle colliders have been used since the 1950s to help physicists explore the laws of the...
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Stablecoins explained
The rapid proliferation of cryptocurrencies has been matched by massive swings in their value relative to traditional currencies. This means that cryptocurrency holders can never be certain of their purchasing power. Enter stablecoins, a form of cryptocurrency that is backed by traditional currencies (such as the Swiss franc or US dollar), or other assets such as gold or oil.
Cryptocurrencies are run on Distributed Ledger Technology systems like...
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UBS clash at Supreme Court tests whistleblower suit rules
The US Supreme Court considered reinstating a $900,000 (CHF810,000) jury verdict won by a fired UBS Group research strategist in a case that could make it easier for whistleblowers to win suits claiming retaliation under a federal investor-protection law.
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The dark secrets of Swiss gold | Part 2 #switzerland #gold
Swiss media obtained a confidential letter in which the Swiss authorities warned the Swiss refiner Valcambi of its risky practices with a refinery in Dubai.
But why didn't they sanction Valcambi? Mainly because the Swiss law does not always permit it. Even if a company is found to have failed in its duty of due diligence.
?Click here to find out more:...
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The hazards of driving on Swiss roads in the 1960s
Switzerland is among the most densely populated countries in Europe, so its roads are often clogged with vehicles. However, it has a good safety record. Watching this report from Swiss Public Television SRF on traffic in the 1960s, it becomes clear that things have changed for the better.
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swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss...
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The betrayal – Dangerous Millions Episode 5
On December 22, 2008, Swiss prosecutor Laurence Boillat interviewed an HSBC bank employee at Geneva police station. The employee was a computer scientist called Hervé Falciani, who had been born in France and had lived in Switzerland for ten years. Over several months, the Swiss police had been received tips accusing him of attempting to sell banking data. But that evening, the magistrate let him go home without managing to extract any information...
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Should the Swiss Abroad keep Swiss health insurance? #insurance #switzerland #healthcare
Do you think Swiss expats should be able to retain their health insurance in Switzerland?
In the past few years the number of Swiss pensioners who live abroad has increased, and because of their age and sometimes critical health conditions they can find only expensive health insurance or none at all.
What are your thoughts on this? Let us know in the comments 👇
And click here to find out more:...
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Physical punishment on children: Switzerland lags behind // On the Record
"Children should not be physically punished. We are fed up with Switzerland being one of the last countries to approve laws that make sense."
Watch our exclusive interview with Philip Jaffé, vice-chair of the UN Committee on the Rights of the Child, today.
Click here to subscribe to our YouTube channel and watch the full interview: _uA?feature=shared
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swissinfo.ch is the international branch of the Swiss Broadcasting Corporation...
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Banned video, Zurich Street Parade and Gotthard tunnel: 3 news stories from Switzerland this week
Want to know more about these stories? Follow the links below!
?YouTube removes Swiss right-wing party video after plagiarism claim https://www.swissinfo.ch/eng/youtube-removes-swiss-right-wing-party-video-after-plagiarism-claim/48738900
?Swiss president joins ravers at Zurich Street Parade https://www.swissinfo.ch/eng/swiss-president-joins-ravers-at-zurich-s-street-parade/48730934
?Gotthard Base Tunnel to remain partially closed for months...
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Orthopaedics gathering at the AO Davos Courses 2022
The Swiss town of Davos is famous for mountain slopes, winter sports and the annual meeting of the World Economic Forum. But did you know that it also attracts scientists and doctors from all over the world? In this six-part video series, SWI swissinfo.ch journalists Sara Ibrahim and Michele Andina take you on a journey to discover five of Davos’s research institutes.
In this first episode, they take you to the AO Davos Courses, a two-week...
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