Every second year, from 10 September to 2 October, the picturesque lake-side Swiss town of Vevey, becomes an outdoor museum of photography. On display this year are 75 projects based around the theme of immersion, displayed on the facades of buildings, on the lake, in parks, and in often unusual indoor venues. The photography is […]
Archives for September 2016
World markets rally as cheap money policy continues
23 September 2016 – Swiss and global market roundup. Brought to you by Investec Switzerland. The Swiss Market Index is set to finish the week notably higher, although under-performing global stocks amid optimism that central banks will continue to support equities by keeping interest rates at historic lows and providing markets with additional liquidity. Global equities […]
Film: War Dogs – how two young fellows got rich arms trading and almost lived happily ever after
23 September 2016. WAR DOGS *** War is not only about power, destruction and killing, but also about money, arms and ammunition. Lots of ammunition and incredible amounts of money to be made in procuring it. And this is one (true) story of two young fellows who almost got away with wheeling and dealing between arms […]
Tough new Swiss rules on residency permits make it through parliament
Switzerland’s National Council, or parliament, voted in favour of strict new rules on Swiss residency permits last week. The project, which was started at the beginning 2014, looked like it might come to nothing after it was sent back for review after the successful 9 February 2014 vote to restrict mass immigration. Only a few […]
European mobile roaming charges to be axed. Pity the Swiss.
Yesterday the European Commission announced that EU residents should soon be able to make calls and use data without any additional charges while travelling in another EU country. Countries outside the EU, but within the European Economic Area (EEA), including Norway, Iceland, and Switzerland’s neighbour Liechtenstein, will be included in the deal. Günther H. Oettinger, […]
Swiss to vote on whether to give government snooping powers
On 25 September 2016, the Swiss electorate will vote on the Intelligence Service Act. If successful, the referendum will allow Switzerland’s Federal Intelligence Service (FIS) to monitor private communications, such as those by post, internet and telephone. The government says it needs these powers to protect the country from terrorism, cyber attacks and spying. Terrorist and cyber […]
Summer sun to continue beyond the start of autumn
Today might be the astrological start of autumn, but summer looks set to shine again over the weekend. According to Meteo News, temperatures could reach as high as 24 degrees in some places on Sunday. Basel and Sion should hit 24, while Geneva, Lausanne, Locarno and Zurich should all bask in 23 degrees. Saturday is expected to be […]
Geneva waterfront closed to traffic on 25 September 2016
This coming Sunday, 25 September 2016, has been designated a car free day or “Journée sans ma voiture”. This means the main waterfront roads will be closed to traffic from 6am until 5pm. Closed streets include: L’avenue de France. Le quai Wilson. Le quai du Mont-Blanc. Le quai des Bergues. Le quai Besançon-Hugues. Le pont du Mont-Blanc. […]
Julius Baer CEO says Asia revenue may excede Europe’s in 5 years
Brought to you by Investec Switzerland. Julius Baer Group Ltd. said Asia may overtake Europe as its biggest revenue-generating region, as the Swiss wealth manager steps up hiring in Hong Kong and Singapore. “In the next five years, Asia could be the biggest region for us if we grow at double-digit” rates, Chief Executive Officer […]
Swiss still the world’s wealthiest, says report
Largely due to a flood of central bank liquidity, global private financial assets have grown by 61% over the seven years since the financial crisis, almost twice the growth rate of economic output, says a report from the German Insurance giant Allianz. This has boosted the wealth of those who own shares. Those relying on interest, […]