Category Archive: 3.) Swissinfo Business and Economy

How Neutrality Shapes the Swiss Franc | Your Questions Answered

What impact does Swiss neutrality have on the strength of its currency? And where does this unique policy come from? We break it all down in this video. Got a question about Swiss neutrality? Drop it in the comments! --- 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...

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US says Switzerland can order fewer fighter jets amid cost hike

According to the American authorities, a possible reduction in the number of F-35 fighter jets ordered by Switzerland is possible. They have informed Switzerland that this could be an option for cushioning the massive cost increase. +Get the most important news from Switzerland in your inbox Kaj-Gunnar Sievert, a spokesperson for the Federal Armaments Office …

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Switzerland wins 11 medals at Euro Skills competition

Switzerland won 11 medals at the European Skills Championships in Herning, Denmark. The Swiss Skills Foundation announced on Saturday evening that it had won the competition once again. +Get the most important news from Switzerland in your inbox The young professionals won gold medals in six areas, while Switzerland also took three silver and two …

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Credit Suisse shareholders fighting UBS face limited document access

Credit Suisse shareholders who are demanding more for their shares from UBS are currently only allowed to make limited public statements. This has been ordered by the Zurich Commercial Court. How much was Credit Suisse worth when it was taken over by UBS on March 19, 2023? Two and a half years after the collapse …

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Swiss climate policy favours incentives over taxes from 2030

Swiss climate policy from 2030 will focus on incentives to reduce CO2 emissions and an additional emissions trading system rather than higher or new taxes. +Get the most important news from Switzerland in your inbox On Friday, the government discussed the revision of the CO2 Act for the years after 2030 in order to implement …

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US Secretary of Commerce confident of Swiss tariff deal

United States Secretary of Commerce Howard Lutnick is confident about striking a customs deal with Switzerland, which is facing 39% tariffs for good exported to the US. +Get the most important news from Switzerland in your inbox "We will probably get a deal with Switzerland," he said in an interview with the US broadcaster CNBC …

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Swiss watchmaking industry grapples with spike in US trade tariffs

The 39% tariffs on Swiss exports to the United States, introduced in August, are a heavy blow for Swiss watchmakers. Industry journalist Alexey Tarkhanov went to the Geneva Watch Days trade fair to get a feel for the mood. The announcement had already cast a shadow over Swiss National Day, August 1. One month later, …

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Swiss banks reject one in three applications for credit

In 2024, 35.5% of consumer credit applications were rejected by lending institutions due to solvency problems. This is a record high and is significantly higher than the previous year's rejection rate of 30.8%, says the comparison portal Kreditvergleich.ch. The analysis is based on data from the Swiss central registry for credit information. +Get the most …

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Juliette finds out where her Grandma really came from!

Juliette's grandmother grew up a foster child in Australia... and didn't know she had Swiss ancestry. Her granddaughter Juliette started digging into birth indexes and other public records to find out who her relatives are. She ended up visiting a tiny village in southern Switzerland, where her great-great-grandfather emigrated from, in 1859. Read their full family history here:...

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Swiss SME sentiment remains stable despite steep US tariffs

Despite the high US tariffs, the mood among Swiss SMEs has hardly deteriorated. However, two-thirds of export-oriented companies have now adjusted their export strategy, with one in ten even questioning it as a whole. The mood among small and medium-sized enterprises (SMEs) in Switzerland is stable despite the high US tariffs, according to the study …

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With US in retreat, can Switzerland maintain fight against kleptocracy? 

The tough task of stopping illicit financial flows and returning stolen assets is being complicated by slow progress and waning US leadership. When public officials steal millions from state coffers, it’s ordinary people who suffer. In Nigeria, for example, patients seeking treatment at understaffed hospitals fail to receive proper care, said David Ugolor, executive director …

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Trump effect dampens Swiss wanderlust to US

The Swiss are travelling less to the United States in the wake of the impact caused by President Donald Trump, says the Swiss Travel Federation (FSV). +Get the most important news from Switzerland in your inbox In the first six months of 2025, travel in the US fell by 6% compared to the same period … Continue reading »

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Swiss Senate votes to extend short-time working to counter tariffs

The Swiss Senate has approved the extension of short-time working compensation from 18 to 24 months in the face of United States tariffs. +Get the most important news from Switzerland in your inbox Businesses have demanded the measure since since tariffs were raised. It has now cleared the first parliamentary hurdle. According to the parliamentary …

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Swiss central bank invests in controversial companies

The Swiss National Bank (SNB) is investing money in nine companies that are facing sharp international criticism for their military cooperation with Israel. At the same time, the SNB emphasises ethical principles. How does this fit together? +Get the most important news from Switzerland in your inbox Caterpillar is one of the nine companies. The …

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Swiss await US Supreme Court ruling on tariffs

The United States Supreme Court is set to rule on the legality of President Donald Trump's tariff policy, which also impact Swiss imports duties. +Get the most important news from Switzerland in your inbox A hearing will take place in November, according to a Supreme Court document. Last week, Trump's government applied to the Supreme …

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What Happens If Switzerland Is Attacked? | Swiss Neutrality Explained

Swiss neutrality isn’t always easy to understand. You sent us your questions, and we’ve answered a selection of them. Stay tuned for part two. --- 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 or subscribe to our YouTube channel: Website:...

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Zurich authorities want ‘no taxpayer money for terrorists’

Zurich cantonal parliament has voted against recognising the state of Palestine. However, it has provisionally supported a motion calling for “no taxpayers' money for terrorists”, with 77 votes in favour. +Get the most important news from Switzerland in your inbox The individual initiative "No tax money for terrorists" was not explicitly directed against an organisation, …

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Explainer: How the new US tariffs are already impacting the Swiss economy

On August 1, US President Donald Trump announced a tariff of 39% for Switzerland. The effects are slowly becoming visible. Only five countries have higher tariffs for their exports to the US than Switzerland. Of all the industrialised nations and European countries, Switzerland has the highest US tariffs. At the same time, the US has …

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Swiss vote on e-ID: will digital identity finally go public? | Swissinfo explains

Is Switzerland ready to go digital with its identity cards? 📱 On September 28, Swiss citizens will vote on the introduction of a state-run digital identity (e-ID). This is important for the diaspora, as it would give them easier access to government services. Swissinfo explains what is at stake in the vote. We break down what’s at stake in this crucial referendum. Why was the first version rejected in 2021? What’s changed? And why are some...

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Global banks rush to fill Credit Suisse void for Swiss SMEs

Global banks including JPMorgan, Bank of America and Deutsche Bank are stepping up an effort to serve Switzerland’s small and mid-sized companies, as they look to fill the void left by the collapse of Credit Suisse. +Get the most important news from Switzerland in your inbox Credit Suisse — which was one of the country’s …

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