Category Archive: 3) Swiss Markets and News

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cash-Redaktor Marc Forster zu den Brexit-Wirren

Wie lange ist Theresa May noch britische Premierministerin? Hat der Brexit-Deal noch eine Chance? Und was sind die Auswirkungen auf die Schweiz? cash-Redaktor und UK-Experte Marc Forster ordnet die verworrene Lage ein.

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UBS Generation

Il conto per una generazione esigente. Apri ora il conto e assicurati CHF 60: https://microsites.ubs.com/generation/it

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Young hockey players get put through their paces by SA’s best

SA’s top coaches impart years of experience and skill to elevate young hockey talent. Find out more https://invest.ec/2uDBzhO

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Swiss expat community hits 760,000

The number of Swiss Abroad citizens grew by 1.1% to reach 760,200 at the end of last year. Most live in neighbouring countries and in the United States.The expatriate community accounts for 10.6% of the total number of Swiss nationals, according to official statistics published on Thursday. Nearly three-quarters of the Swiss Abroad have dual nationality.

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Almost 60,000 Swiss dwellings unoccupied last year

A significant increase in vacant homes is predicted by Zurich Cantonal Bank. Suburbs are particularly prone to lower occupancy levels. The problem of empty housing, particularly in the urban periphery, is likely to worsen, with construction activity concentrated in areas with already high vacancy rates. Last year around 59,700 homes did not have any tenants.

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Growth forecast lowered for Swiss economy

Worsening international conditions will have a negative impact on Switzerland’s export-driven economy, prompting the Swiss Economic Institute (KOF) to lower its forecast for this year. KOF on Wednesday announced it had revised its growth forecast down from 1.6% to 1% for Switzerland’s gross domestic product. However, the latest outlook for 2020 remains virtually unchanged with growth of 2.1%.

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Facebook rejects most information requests from Swiss authorities

Over the first three months of 2018 Switzerland’s authorities made 80 requests for Facebook user data, however two thirds of them were rejected, according to the newspaper SonntagsBlick as reported in 20 Minutes. When the requests were urgent the response rate rose to two thirds of requests.

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Public transport enjoys another record year among tourists

Foreign visitors spent 6.4% more on Swiss Travel System tickets in 2018 than in the previous year. Sales rose to over CHF130 million ($131 million). 2018 is thus the sixth record year in a row, the Swiss Federal Railways said on Tuesday. Chinese guests were the top foreign users of public transport, with sales of CHF20.3 million, an increase of 14.9%.

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Swiss Rail shares bumper profits with passengers

In 2018, Swiss Rail made a profit of CHF 568 million, 42.5% more than in 2017. Part of the rise was due to higher than average spending on maintenance in 2017. It is worth noting that Swiss Rail receives a large sum from taxpayers every year. In 2018, the company received CHF 3.5 billion of public funding, CHF 2.7 billion of it booked as income.

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Swiss fear effects of 5G antennas

Fifth-generation (5G) mobile communications antennas are starting to go up in Switzerland. Not everyone is happy about this. — 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 …

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Swiss chocolate consumption slides

In 2018, Switzerland’s population consumed around 87,000 tonnes of chocolate. However, average chocolate consumption dropped from 10.5 kg per person in 2017 to 10.3 kg in 2018, a decline of roughly 2%. This decline reflects last year’s longer hotter summer, according to the industry association Chocosuisse.

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Additional flaw found in Swiss Post e-voting system

A second error in the Swiss Post planned e-voting system has been discovered as the public intrusion test phase comes to an end. The Federal Chancellery announced the need for action and confirmed a review of the e-voting certification and approval process. The same computer experts who discovered a critical error in the source code of Swiss Post’s new e-voting system earlier this month announced they discovered a further security gap.

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1999: Chinese president snubs Swiss government

On March 25, 1999, Chinese President Jiang Zemin was confronted by pro-Tibetan protesters upon his arrival at the seat of parliament in Bern. Furious, he refused to participate in a guard of honour or to greet government members waiting to receive him. In his speech, he sharply criticised the Swiss authorities, accusing them of not …

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UBS Swiss Desks

Connexions parfaites. Fischer Connectors réinvente la connectique depuis 1954 et se fie aux experts UBS sur place pour ses opérations à l’étranger. En savoir plus maintenant.

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Swiss parliament calls for more online purchases to be taxed

Since 1 January 2019, companies abroad making more than CHF 100,000 in revenue must charge Swiss VAT on sales made to anyone in Switzerland. Now the Swiss government has decided to take aim at online platforms such as Aliexpress and Wish, according to the broadcaster RTS.

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Swiss join protests against EU copyright reform

Tens of thousands of people across Europe, including in the Swiss city of Zurich, staged protests on Saturday against the European Union's planned copyright reform bill. More than 1,000 demonstrators marched in the northeastern Switzerland against the copyright reforms which critics fear threaten freedom of speech, according to the Keystone-SDA news agency.

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Switzerland waives post-Brexit visa requirement for British nationals

The Swiss government has dropped the requirement that British nationals obtain a visa to enter Switzerland for a lengthy stay after Britain leaves the European Union. The British government has also extended the same privilege to Swiss nationals wishing to enter Britain after Brexit.

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Wunschdenken von Frau BR Amherd

Das VBS hat seit dem neuen Jahr eine Cheffin. Anlässlich der SOG-DV vom 16. März 2019 hat sie sich an die Offiziere gewandt und dabei einige interessante Äusserungen (Hervorhebungen durch den Autor) gemacht, so etwa zu den “Entwicklungen im internationalen Streitkräftebereich”:

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Parliament rejects reform of health insurance scheme

Patients will not have to pay out extra money for health services before the health insurance covers the costs, after parliament surprisingly threw out the controversial proposal on Friday. In a previous decision earlier this month, parliament had agreed to increase the deductible paid by patients to CHF350 ($350) annually under certain conditions.

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