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.
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Swiss To Vote In Referendum On Government’s Emergency COVID-19 Measures

2021-02-25

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2021-02-25

Via 21stCenturyWire.com,After mounting a national campaign, and the work of determined local organisations, Swiss campaigners have managed to trigger a referendum for ending the government’s destructive COVID regulations.

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The Death Of Logic

2021-02-24

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2021-02-24

Authored by Matthew Piepenburg via GoldSwitzerland.com,Just over four years ago, as Bitcoin was making its first big moves in both price and public perception, John Hussman of Hussman Investment Trust penned a lengthy as well as seminal report entitled, “Three Delusions: Paper Wealth, a Booming Economy, and Bitcoin.

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Swiss tourism boss says ski resort openings have been justified

2021-02-23

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2021-02-23

The head of the Switzerland Tourism organisation reckons the decision to open ski resorts in the country this winter has – so far – proven to be a good one.

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Pandemic pushes Swiss away from cash 

2021-02-23

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2021-02-23

Cash has lost its appeal among the Swiss population as the coronavirus pandemic led more people to pay by bank card, mobile app or online, a recent survey has found. 

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Some Swiss cantons call for earlier restaurant re-openings

2021-02-21

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2021-02-21

Several cantons have called for restaurants to be re-opened a month earlier than the official nationwide plan presented by the government earlier this week.

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Switzerland’s record breaking deficit in 2020

2021-02-21

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2021-02-21

Switzerland’s federal accounts ended 2020 with a record-breaking deficit of CHF 15.8 billion. The deficit was caused by the pandemic.

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Alpine skiing industry faces uphill battle after reopening U-turn

2021-02-20

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2021-02-20

As a fresh covering of snow brought ideal skiing conditions to the Alpine resort of Piani di Bobbio last weekend, facilities manager Massimo Fossati eagerly anticipated the arrival of the first visitors in nearly a year.

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Poverty in Switzerland: fresh data on those struggling to get by

2021-02-20

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2021-02-20

In 2019, the poverty line in Switzerland was CHF 27,348 (US$ 30,500) for a single person and CHF 47,712 (US$ 53,200) for a couple with two young children. The figures are calculated by SKOS based on the cost of living in Switzerland. People with incomes below these levels in Switzerland are considered to by living in poverty.

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The Swiss eID law has flaws, but is another version worth the wait?

2021-02-19

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2021-02-19

The eID is billed as a long-overdue key to the digital world, a single access point for services provided by a range of public and private-sector organisations. But the model proposed by Switzerland – being put to a nationwide referendum in March – is far from watertight.

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Switzerland tops global e-commerce index

2021-02-18

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2021-02-18

Switzerland is the best equipped country for online shopping, according to a United Nations comparison of more than 150 states.

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The United Nations in Geneva – before and during the pandemic

2021-02-18

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2021-02-18

With the exception of a few organisations and institutions that continue to operate in person, such as the UN Human Rights Council, which is currently conducting its Universal Periodic Review process, the Office of the UN High Commissioner for Human Rights, the WHO and some permanent missions to the United Nations, most day-to-day business and multilateral activities are conducted online.

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Swiss competition watchdog to investigate Mastercard

2021-02-17

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2021-02-17

The competition authority suspects the global credit card firm of using its position to prevent the rollout of a new, more uniform, ATM system across Switzerland.

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Residential property prices continue to rise 

2021-02-16

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2021-02-16

Residential property prices in Switzerland rose sharply in the final quarter of 2020, and by an average 2.5% for the year as a whole, according to the Federal Statistics Office. 

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Hear Swiss stories for the world on The Swiss Connection podcast

2021-02-16

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2021-02-16

What’s it like to move back to – or away from – Switzerland during a pandemic? What does gold mined in Peru have to do with Switzerland? Did you know that “nostalgia” is a Swiss invention?

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Unhappy Endings: Deception Has Gone Global

2021-02-16

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2021-02-16

Rescue Acts, 1931-2020
Looking Behind the LabelsRegardless of one’s politics, most would agree that extremely complex issues are typically given extremely misleading titles.Not all those of the extreme left, for example, are all that “woke” and not everyone on the far right, to be fair, is a “domestic terrorist.

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Report shows slump in foreign investment in Swiss real estate

2021-02-15

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2021-02-15

The share of foreign investment in Swiss commercial real estate fell from 15% before 2011 to 5% between 2017 and 2019, according to new research. The issue of foreigners buying cheap Swiss property during the Covid-19 pandemic is being discussed in Bern.

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Swiss spent record amount on food in 2020

2021-02-14

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2021-02-14

Consumers spent 11.3% more on food and beverages in brick-and-mortar shops last year than they did in 2019, helping the food retail trade to pull in a record turnover of nearly CHF30 billion ($33.7 billion).

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European banks need new chiefs

2021-02-13

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2021-02-13

EUROPEAN BANKS’ fourth-quarter earnings, releases of which are clustered around early February, have been surprisingly perky. Those with trading arms, such as UBS or BNP Paribas, rode on buoyant markets. State support helped contain bad loans; few banks needed to top up provisions.

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Covid changes Swiss holiday and transport habits

2021-02-12

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2021-02-12

A third of Swiss people chose not to travel on holiday last year as the coronavirus pandemic gripped the world, according to automobile association Touring Club Switzerland (TCS).

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Middle class shrinks in Switzerland

2021-02-12

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2021-02-12

Statistics published at the end of January 2021 show a fall in the percentage of the population included in the definition of middle class in Switzerland.

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