Washington has refused to guarantee a fixed price for Switzerland’s 36 F-35 fighter jets, reported RTS. The total bill will therefore exceed the CHF 6 billion approved by voters. After weeks of talks with senior White House officials—including a call between America’s defence secretary, Pete Hegseth, and Switzerland’s defence minister, Martin Pfister—the United States has […]
Swiss government urges voters to back a tax on second homes to axe imputed rent
The Federal Council and Parliament urge voters to back, on 28 September 2025, a constitutional change that would let cantons levy a special property tax on owner-occupied second homes. The measure is a prerequisite for a wider reform of housing taxation that would scrap the “imputed rent” now charged to home owners. At a press […]
Swiss federal deficit far smaller than feared
Switzerland now expects a much smaller federal deficit in 2025, reported RTS. The shortfall should be about CHF 200 million, versus the CHF 800 million pencilled into the budget. Bern says the improvement does not alter its savings programme. The better than expected result driven by a windfall rather than a trend. The upgrade stems […]
Most Swiss against making concessions to the US
Swiss voters expect pain from America’s new border taxes but do not want Bern to blink. In a YouGov Switzerland poll, two-thirds (66%) say the 39% tariff on Swiss exports to the United States—introduced on 7 August 2025—will significantly harm the economy. Only 5% foresee little or no impact. Despite that, just a quarter (25%) […]
Deadly week in the Swiss Alps
Over the last week, 9 people have died in sporting accidents in Switzerland’s Alps, reported RTS. In addition, the body of a climber that went missing on 11 July 2025 was recovered. On Monday, Valais’s cantonal police said that two climbers had found a body on the Lagginhorn on 5 August 2025. The body, which […]
High Swiss multilingualism driven by English
Multilingualism is widespread in Switzerland. Nearly two-thirds use more than one language regularly in daily life, and according to the Federal Statistical Office, 86% of residents believe speaking several national languages is important for national cohesion. Overall, 63% of Swiss residents are multilingual – 37% of the population speak one language, 37% speak two, and […]
Trump tariff u-turn triggered by Swiss gold refiner’s request for guidance
After 23 hours of pandemonium in bullion markets, the White House has hinted it may row back on a decision that sent gold traders scrambling. An executive order, to be issued “in the near future”, will clarify that imports of gold bars are not, in fact, subject to tariffs, according to an official statement, reported […]
Switzerland’s jobless rate holds steady
Switzerland’s unemployment rate held steady at 2.7% in July 2025, unchanged from the previous month, according to data published this week by the State Secretariat for Economic Affairs (SECO). Adjusted for seasonal variation, the figure remained flat at 2.9%. SECO’s Directorate of Labour, noted that current joblessness is broadly in line with the Swiss labour […]
Stolen boat engines – Switzerland’s growing theft problem
Switzerland is facing a sharp rise in stolen boat engines. A surge in thefts across the country points to the emergence of a low-profile but lucrative trade, driven by organised criminal networks—many of them originating in Eastern Europe. Once rare, the scourge of boat engine theft has prompted a growing number of boat owners to […]
The Swiss cantons hit hardest by Trump’s tariffs
Not all Swiss cantons are equally exposed to America’s new tariff regime. Some—particularly those with close industrial or economic ties to the United States—stand to lose far more than others, reported RTS. Nidwalden tops the list of those most affected. Nearly half of its exports cross the Atlantic, largely thanks to Pilatus, the aircraft manufacturer […]
