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Category Archive: 3.) Swissinfo Business and Economy

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Switzerland scraps electric car tax exemption

2023-11-08

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2023-11-08

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

2023-11-08

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2023-11-08

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

2023-11-04

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2023-11-04

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?

2023-11-04

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2023-11-04

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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Credit Suisse wins London lawsuit over RMBS-linked notes

2023-11-03

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2023-11-03

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

2023-11-03

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2023-11-03

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

2023-10-31

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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

2023-10-24

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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

2023-10-11

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2023-10-11

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

2023-09-29

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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

2023-09-26

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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.  --- 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

2023-09-14

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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

2023-09-12

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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

2023-09-01

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"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 --- 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

2023-08-17

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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

2023-07-05

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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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What is the Swiss Vatican Guard?

2023-06-21

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Welcome to the world's smallest army... the Swiss Pontifical Guard, in Vatican City #swiss #vatican #guard #vaticancity --- 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: http://www.swissinfo.ch...

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Brienz rockslide in Switzerland: threat and life in exile

2023-06-12

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Residents of rockslide-threatened Brienz/Brinzauls in Switzerland have been fetching items from their homes to make their lives in exile more bearable. They were temporarily allowed home a few days ago for the first time since being evacuated last month amid concerns that the nearby crumbling mountain could destroy their village in Graubünden. Some 84 people live there and only two people per household could return home, with the numbers limited...

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VR headsets: How to prevent VR motion sickness (cybersickness)

2023-06-08

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People often get nauseous (cybersickness) when using virtual reality (VR) headsets and devices. To succeed with the metaverse, tech companies like Apple and Meta to need to solve this problem. In this video, researchers in Switzerland explain possible solutions to VR motion sickness. Developing VR headsets that are so light that users forget they are wearing them and don’t have to worry about getting nauseous while playing a game or walking around...

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Tina Turner fans go over the top in Küsnacht

2023-06-02

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The Zurich home of the recently deceased rock icon Tina Turner has become a place of pilgrimage for fans, with some of them even trying to climb over the fence to get a closer look at her villa, according to news reports. Since Turner died on May 24, fans have been gathering daily in front of her home in Küsnacht, to mourn her death. A relative of the star's husband, Erwin Bach, told the 20 Minuten newspaper that police had been called in three...

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