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Current account surplus of 20 billion in the second quarter
This content was published on
Sep 20, 2024
The Swiss economy posted a high current account surplus in the second quarter of 2024....
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Tag Archive: International Geneva
Unemployment in Geneva higher than neighbouring France
In December last year, the Observatoire statistique transfrontalier published unemployment figures for the French region surrounding Geneva. French unemployment calculations follow the method used by the International Labour Organisation (ILO), which include all job seekers, according to Tribune de Genève.
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Using lake water to help reduce Switzerland’s carbon footprint
Swiss lakes offer huge potential as renewable energy sources that can be used to cool and heat buildings. Geneva is expanding a pioneering thermal exchange project to help meet its climate goals, while other regions are taking the plunge. After transport, the second and third biggest sources of national greenhouse gas emissions are Swiss industry (20% of total in 2017) and households (18%).
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New 100 Swiss Franc Note Coming Soon
The note’s design is inspired by Switzerland’s tradition of humanitarianism, represented on the note by water. The note remains blue but is much smaller than the existing one, making it easier to fit into wallets.
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Geneva set to vote on maintaining public spending in the face of company tax reform
An initiative entitled: zero losses, was filed this week in Geneva. It aims to ring fence current public spending in the face of future company tax reform. The initiative gathered 9,147 signatures, more than the 7,840 required.
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Internships – Switzerland’s Young Socialists caught preaching one thing and practicing another
In collaboration with the Swiss union Unia, Switzerland’s Young Socialists have launched a protest against the exploitation of interns. To get on the career ladder, many young people feel compelled to take internships offering little or no pay. The Young Socialists are demanding interns be better paid. Recent data from the Federal Statistical Office shows that 23% of young workers (15-24) are on short-term contracts, 41% of them interns.
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Some UN consultants thought their income was tax free. They were wrong.
Some United Nations consultants haven’t paid taxes on their income, thinking it was exempt. When the tax authorities catch up with them they’ll risk paying back taxes and fines. As a general rule, foreign UN functionaries are not required to pay local taxes on their income. On the other hand UN consultants must.
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