(Bloomberg) — Laws prescribing that only products made in Switzerland can be marketed using Swiss images bring some 1.4 billion francs ($1.6 billion) per year to the country’s companies, a government-sponsored study found. The so-called “Swissness Act” was introduced in 2017 and stipulates certain thresholds to allow the use of the iconic Swiss cross or...
Tag: world
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New twist in case of first person to use suicide pod dubbed ‘Tesla of euthanasia
A ‘suicide pod’ known as ‘The Sarco’ is seen in Rotterdam, The Netherlands (Picture: AP) The first person to use a suicide pod in Switzerland was found with strangulation marks on her neck, it has been reported. A 64-year-old American woman died inside the capsule on September 23 after pushing a button with inject nitrogen...
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Switzerland Won’t Implement the EU’s Russia Sanctions on Subsidiaries
(Bloomberg) — Switzerland has decided not to fully implement the latest package of European Union sanctions against Russia, saying Swiss law already allows measures to prosecute subsidiaries of companies based in the country. “With the 14th sanctions package, the EU has introduced a general obligation for businesses to ensure that their subsidiaries in third countries...
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UK Resumes Trade Talks With Switzerland in ‘Global Britain’ Push
(Bloomberg) — British and Swiss trade negotiators will resume trade talks on Monday as they seek to broker deeper access to each other’s financial services markets as well as agreements on data sharing and worker visas. The meeting in London — the fifth round of talks between the two nations aimed at enhancing their existing...
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Private Equity Billionaires Seek to Torpedo Swiss-EU Talks
(Bloomberg) — Switzerland’s efforts to forge a new deal to govern relations with the European Union have run into substantial new opposition, in the form of the three billionaire founders of Partners Group Holding AG. Alfred Gantner, Marcel Erni and Urs Wietlisbach, Goldman Sachs Group Inc. alumni who’ve built one of Europe’s most valuable private...
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Several children injured after man launches attack in nursery
A man has attacked and injured three children in Zurich (Picture: Google) Three children have been injured after an alleged attack by a man at a daycare centre in Switzerland. The violent attack occurred shortly after midday in the Zurich’s northern Oerlikon district, according to a police statement. Local news website Zueritoday reported that the...
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Switzerland, Italy to redraw borders because of glacier melt – UPI.com
View from valley station Testa Grigia towards Klein Matterhorn onto the new gondola before the official opening of the new Matterhorn Glacier Ride II on June 30, 2023. Glacier melt in the same area has forced Switzerland and Italy to redraw their border. File Photo by Dominic Steinmann/EPA-EFE Sept. 30 (UPI) — Switzerland and Italy...
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Melting Alps Glacier Means Switzerland and Italy’s Border Has to Move
(Bloomberg) — Switzerland and Italy tweaked their mountain border under the Matterhorn peak as climate change in the Alps is melting the glaciers that have historically marked the frontier between the two countries. “Significant sections of the border are defined by the watershed or the ridge lines of glaciers, firn or perpetual snow,” the Swiss...
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Woman dies in ‘suicide pod’ in Switzerland, several people arrested – National | Globalnews.ca
Police in northern Switzerland said Tuesday that several people have been arrested and a criminal case has been opened in connection with the suspected death of a person in a so-called “suicide pod.” The “Sarco” pod has been in the works for years, but up until now has never been used. The Sarco pods —...
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Swiss Government Sees Sharp Drop in Inflation Rate Next Year
(Bloomberg) — Switzerland’s government slashed its inflation forecasts, a move in line with expectations that the central bank will cut interest rates again when officials meet next week. Consumer prices will grow at an annual 1.2% in 2024 and 0.7% in the following year, the State Secretariat for Economic Affairs said on Thursday. That’s down...
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The 10 best countries in the world, ranked
For the third year in a row, Switzerland was ranked the best country in the world. The 2024 rankings, released Tuesday, were determined by U.S. News & World Report, which partnered with the Wharton School at the University of Pennsylvania. Switzerland took the top spot from 2017 to 2020, but in recent years was superceded...
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New Report Ranks The Best Countries For Quality Of Life, Business And More
A view of Bern in Switzerland, which was named the world’s best. country in a new report. getty What makes a country truly great? Is it a booming economy, a high standard of living or the ability to inspire adventure and creativity? According to the 2024 Best Countries ranking from U.S. News & World Report,...