The Bank of England Thursday held interest rates steady at 5.25% while the Swiss National Bank cut rates by a quarter-point to 1.25%. Both nations have seen inflation drop, down to 2% in Britain and 1.4% in Switzerland. File photo by Andy Rain/EPA-EFE June 20 (UPI) — Switzerland cut its interest rates for the second...
Category: World
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Swiss financial regulations not yet tough enough post-Credit Suisse: SNB
Switzerland’s financial regulations need further strengthening following the takeover of Credit Suisse by UBS, the Swiss National Bank said. Photo: Reuters 3 min read Last Updated : Jun 20 2024 | 2:22 PM IST Switzerland’s financial regulations need further strengthening following the takeover of Credit Suisse by UBS, the Swiss National Bank said on...
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112th International Labour Conference at Geneva, Switzerland
The 112th International Labour Organization (ILC) was held in Geneva from 3-14 June 2024. It was attended by more than 4,900 delegates – representing Governments, and Employers’ and Workers’ organizations. The 113rd ILC will be held in June 2025. 112th annual International Labour Conference The International Labour Organization will hold its 112th annual International Labour...
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UBS CEO says Swiss regulation among world’s strictest
(June 19): UBS Group AG chief executive officer Sergio Ermotti has said that he is largely in favour of a plan for Switzerland to reform its financial system as the country continues to work through the consequences of last year’s crisis at Credit Suisse. “We support most of the reform measures that have been proposed...
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UK’s richest family on trial in Switzerland for human trafficking
3 days ago By Imogen Foulkes, BBC Geneva Correspondent EPA Ajay Hinduja (L) and his wife Namrata arrive with their lawyer Robert Assael at a court house in Geneva Four members of the UK’s richest family are on trial in Switzerland amid allegations they spent more money caring for their dog than their servants. The Hinduja family,...
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World leaders meet in Switzerland for Russia, Ukraine peace talks – Trending News
World leaders and high-ranking officials from over 90 governments convened for a two-day summit in a Swiss mountaintop resort over the weekend, more than two years after Russia attacked Ukraine, with the aim of ending the biggest European crisis since World War II. According to a final communiqué issued by most of the nations...
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DHL: The domestic markets in Germany and Switzerland are important pillars in our European and global network | Post & Parcel
On July 1, Markus Panhauser will become the new CEO of DHL Global Forwarding in Germany and Switzerland. In his new role, he will assume responsibility for both country organisations. Panhauser succeeds Tobias Schmidt, who has successfully led the two country organizations since November 2021 in addition to his role as CEO of DHL Global Forwarding Europe. With...
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Ukraine peace summit fails to persuade major non-aligned countries to sign final statement
In short: More than 90 countries have gathered for peace talks in Switzerland at the request of Ukraine. The summit fell short of convincing a number of countries in the global south to sign the summit communique. What’s next? No country has come forward to host another peace summit. Western countries attending a peace summit...
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80 Countries at Swiss Conference Agree Ukraine’s Territorial Integrity Must Be Basis of Any Peace- Republic World
Zelenskyy hugs Trudeau during the closing press conference of the Ukraine peace summit in Obbürgen, Switzerland, June 16, 2024. | Image:(AP Photo/Laurent Cipriani) Obbürgen: Eighty countries called Sunday for the “territorial integrity” of Ukraine to be the basis for any peace agreement to end Russia’s two-year war, though some key developing nations at a Swiss...
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Swiss summit: Ukraine’s territorial integrity a precondition for peace
Seventy-eight countries attending a two-day international summit on peace in Ukraine in Switzerland, signed a document saying that Ukraine’s “territorial integrity” should be the basis for a peace agreement with Russia and that Kyiv should enter dialogue with Moscow on ending the war. White House national security adviser Jake Sullivan was at the meeting and...
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Russia-Ukraine War: India refuses to endorse Ukraine meet statement
Ministry of External Affairs (MEA) Secretary (West) Pavan Kapoor attends the plenary session of the Summit on peace in Ukraine, in Stansstad near Lucerne, Switzerland, on June 15, 2024. | Photo Credit: Reuters Only proposals acceptable to both Russia and Ukraine can lead to peace, said India as New Delhi decided to disassociate itself from...
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:quality(70)/cloudfront-eu-central-1.images.arcpublishing.com/irishtimes/FQS3HMN4WQ6R6VME6KDEXWD5SA.jpg "Taoiseach hails Ukraine peace summit as ‘an important start’ as talks conclude in Switzerland")
Taoiseach hails Ukraine peace summit as ‘an important start’ as talks conclude in Switzerland
Taoiseach Simon Harris has hailed as a “huge success” a Swiss gathering linking Ukraine’s path to peace to international law and the UN Charter. Ukrainian president Volodymyr Zelenskiy welcomed broad international solidarity for his country after two days of talks involving heads of state and government and 100 delegations in total. “We are at war...