Category Archive: 3) Swiss Markets and News

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Investec is a distinctive Specialist Bank and Asset Manager. We provide a diverse range of financial products and services to a niche client base in three principal markets, the United Kingdom, South Africa and Australia, as well as certain other geographies. Investec’s strategic goals are motivated by the desire to develop an efficient and integrated business on an international scale through the active pursuit of clearly established core competencies in the group’s principal business areas.

Switzerland and the pandemic: does the economy matter more?

For a nation that prides itself on being on the global forefront of new technologies and science, particularly health care, Switzerland has an astoundingly poor record for dealing with Covid-19. The Lake Geneva region, which borders locked-down France, ranks as one of the worst coronavirus hotspots in Europe.

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Swiss home prices rose over the third quarter of 2020

Over the third quarter of 2020, home prices in Switzerland rose by an average of 0.2%. However, the prices of some homes rose while others fell.

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Bill Browder threatens legal action over Swiss bank accounts linked to Magnitsky scandal

High-profile Kremlin critic and investor Bill Browder has threatened Credit Suisse and UBS with legal action for breaching US sanctions if they unfreeze accounts belonging to three Russian clients accused of a huge tax fraud against his investment company.

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Life as an expat in Swiss cities: the good news and the less good news

From tip-top transport in Basel to housing headaches in Geneva, foreign residents share what they love and loathe about the four Swiss cities featured in the Expat City Ranking 2020. This content was published on November 26, 2020 - 09:00 November 26, 2020 - 09:00 Thomas Stephens Born in London, Thomas was a journalist at The Independent before moving to Bern in 2005. He speaks all three official Swiss languages and enjoys...

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Covid, November 27: French-speaking Switzerland to reopen retail and restaurants

The SARS-CoV-2 virus has hit French-speaking Switzerland harder than the rest of Switzerland both before and since summer.

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Swiss pledge CHF104 million in development aid for Afghanistan

At an international conference in Geneva to source funding for Afghanistan, Switzerland has renewed its annual CHF26 million ($28.48 million) pledge for another four years.

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Government hopes for ‘first successful pension reforms’ of the century

In summer 2019 the social partners agreed on a reform of the Swiss occupational pension scheme. The government on Wednesday adopted this compromise unchanged; the ball is now in parliament’s court.

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Clariant plans to slash more jobs

Swiss speciality chemicals firm Clariant has announced further job cuts amid a series of divestments.

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Making prosthetic limbs from recycled bottles

Recycling plastic to make new bottles is one thing, but using the material to create prosthetic limbs? That's another. Two Swiss designers are using their skills to improve the lives of amputees.

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What the Covid Vaccine Hype Fails to Mention

Pfizer recently announced that its covid vaccine was more than 90 percent “effective” at preventing covid-19. Shortly after this announcement, Moderna announced that its covid vaccine was 94.5 percent “effective” at preventing covid-19. Unlike the flu vaccine, which is one shot, both covid vaccines require two shots given three to four weeks apart. Hidden toward the end of both announcements, were the definitions of “effective.”

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Covid, November 24: Switzerland’s infection rate continued to slow over the weekend

Over the weekend, Switzerland averaged 3,250 new daily recorded cases (9,751 over 72 hours). This represents a significant drop from the daily peak of 10,128 cases reported on 5 November 2020.

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Revelation Of The Method

There is one question very few are asking. Even on the most obscure blogs or conspiracy forums, we don’t find serious discussion of it.

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Covid: only the vaccinated get to travel abroad, suggests Swiss infectious disease expert

Resistance to vaccinations is significant in Switzerland. A survey done in November 2020 suggests only 16% of the population would get vaccinated immediately if there was an approved Covid-19 vaccine, reported 20 Minutes.

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Swiss government promises one billion francs for Covid hit businesses

This week, Switzerland’s federal government decided to increase aid money to Covid hit businesses to CHF 1 billion.

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Coronavirus biggest concern among Swiss, according to survey

The coronavirus pandemic and its consequences rank at the top of the list of Swiss concerns in 2020, according to a recent survey.

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Nuclear plant worker’s cancer judged not to be a work-related illness

The Federal Court has dismissed the appeal of a former employee of two Swiss nuclear power plants who was diagnosed with bladder and prostate cancer. The man took legal action after the national accident insurance fund refused benefits for an occupational illness.

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What is a Swiss multinational company and what’s their role in the economy?

Switzerland is home to big players in the raw materials, food and chemicals industries. The alpine country boasts one of the world’s highest concentrations of multinational headquarters. You might wonder: where does its attractiveness come from? Switzerland offers many advantages to large businesses: economic stability, a strong financial sector, qualified workers, a geographic location at the heart of transport networks – and an advantageous tax...

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Covid, November 19: Swiss ICU numbers reach new peak as infection rate moderates

Over the last 48 hours, Switzerland’s Federal Office of Public Health (FOPH) reported a further 227 deaths among laboratory-confirmed Covid-19 cases, bringing the death toll to 1,654 since summer and 3,385 since the beginning of the year.

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Why big companies fear the Responsible Business Initiative

Big multinationals in Switzerland have been nearly unanimous in their rejection of an initiative to make companies more accountable for their actions abroad. What are they afraid of?

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Swiss start-up generates electricity from wind power

Switzerland produces less wind power than other European countries but has ambitious future targets. A Lugano start-up is developing drones to generate electricity from high-altitude winds. Winds, especially at high altitude, offer huge potential as an alternative renewable energy source to help solve the climate crisis.  In Switzerland, the main source of energy is hydropower. Building large wind turbines, especially in Swiss valleys, is...

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