The withdrawal of US troops from Europe is a question of time, Ben Hodges, a former US general, told SonntagsBlick in an interview this week. Switzerland should prepare itself for war, he said. The best way to prevent war is to prepare for it, said Hodges. Not being prepared invites attack, said the retired general […]
Swiss central bank cuts interest rate to 2.5 year low
While many central banks, such as the US Fed and the Bank of England, are holding off on rate cuts, the Swiss National Bank (SNB) is diving in. On 20 March 2025, the SNB cut its interest rate by a further 0.25 percentage points to 0.25%. The rate hasn’t been this low since September 2022, […]
The rapid rise of fare dodging in Switzerland
In 2024, more than 1 million cases of fare evasion were recorded in Switzerland, reported RTS. The number has more than doubled since 2019. Why? Data published by the public transport association Alliance Swisspass offer clues. Switzerland keeps good records. The names of those caught without a ticket on public transport are entered into a […]
Switzerland slides in happiness ranking in 2025
In 2012, Switzerland was ranked the happiest nation on Earth. However, since then it has sadly slid from the top spot to 13th. While Switzerland continues to score well on GDP (3rd), healthy life expectancy, generosity (12th) and low perception of corruption (3rd), it has lost ground on social support (20th) and freedom (20th). The […]
Switzerland approves trade deal with India
On 21 March 2025, Switzerland’s parliament approved an historic trade deal with India. The deal will give Swiss businesses an advantage over EU, US and UK competitors whose governments have yet to reach trade deals with India. The deal was supported by 131 versus 22 parliamentary votes. The main opposition came from Socialist Party members […]
Money remains main concern for Swiss families
The results of a survey on family life published on 20 March 2025 show that money remains the biggest concern among families in Switzerland. The survey sheds light on what families are currently concerned about and addresses the topics of family life, expectations, safety, retirement planning, pressure on parents and children, work-life balance, finances and […]
Swiss parliament rejects universal service initiative
This week, an initiative aimed at convincing Swiss voters to support a proposal to introduce a system of universal service for all Swiss citizens was rejected by parliament, reported SRF. Only one party, the Liberal Green Party, supported the proposal. All other major parties were against the idea. Those supporting the idea claim it would […]
The global brands artificially inflating their prices on Swiss versions of their websites
It is well known that the Swiss are overcharged for nearly everything. However, when products are being sent from a warehouse outside Switzerland one would expect the pre-tax price to be the same. This is rarely the case. The Romande Consumer Federation (FRC) has looked at a number of brands and found unjustifiable price differences […]
One fifth of staff to go at UN migration agency in Geneva
the International Organisation for Migration (IOM), which has been hit hard by US foreign aid cuts, is laying off around 20% of staff at its Geneva headquarters, reported RTS. Around 20% of the organisation’s roughly 1,000 staff based in Geneva are to be cut according to several sources familiar with the situation. One employee told […]
Swiss car insurance premiums going up in 2025
Many Swiss car insurance providers plan to substantially raise premiums this year, according to research by RTS. Some customers are already reporting hikes of around 20%. According to RTS, most insurers, including AXA, Generali, Helvetia, Postfinance, Zurich and Smile Insurance, are planning to increase their premiums. Some insurance companies justify the premium increases as necessary […]
