Today, Swiss voted on whether to accelerate the closure of the nation’s five nuclear reactors. The government’s existing plan to exit nuclear power generation involves shutting down all five reactors at the end of their safe lifesspans, which it estimates to be 50 years. This would mean closing them all between 2019 and 2034. Under […]
Geneva and Vaud vote for early shutdown of Switzerland’s nuclear reactors
Today, Swiss voted on whether to accelerate the closure of the nation’s five nuclear reactors. The government’s existing plan to exit nuclear power generation involves initiating the shutdown of all five reactors between 2019 and 2034. Under the nuclear initiative, voted on today, shutdown would be accelerated, starting in 2017 with the last closure starting […]
Swiss stocks down as the US dollar hits decade high
25 November 2016 – Swiss and global market roundup. Brought to you by Investec Switzerland. Swiss pharmaceutical and luxury goods giants pulled the Swiss Market Index (SMI) down again this week as investors dropped large cap firms. Global stocks however continued to rise, along with energy prices, on the promise of Trump’s reflationary administration. The US dollar […]
Swiss fact: women were the majority in Switzerland’s cabinet from 2010 to 2012
In September 2010, Simonetta Sommaruga was elected to Switzerland’s seven member executive. She joined Micheline Calmy-Rey, Doris Leuthard and Eveline Widmer-Schlumpf along with three male members: Didier Burkhalter, Ueli Maurer and Johann Schneider-Ammann, creating the first female executive majority since the creation of the Federal Council in 1848. All four of these women have served as […]
World’s highest basketball shot videoed at Swiss dam
Guinness World Records recently recorded the world’s highest basketball shot. This video shows the 180.968 m (593.73 ft) shot from the top of the Mauvoisin Dam in Valais, Switzerland. The How Ridiculous gang, Brett Stanford, Derek Herron and Scott Gaunson, from Australia, managed to get the ball through the hoop on their third attempt. Derek Herron, […]
Steep price increases for Swiss Rail passengers despite deflation
Today, Swiss Rail announced big price increases on some tickets and passes. The new prices will apply from 11 December 20161. According to the Swiss government consumer price index, average prices declined by 2.1% between October 2010 and October 20162. Over the same six years, from December 20103 to December 2016, the price of a […]
Swiss government announces more checks on foreign workers
Yesterday, the Swiss government said it would step up checks on foreign workers. The new plans are designed to increase the effectiveness of controls and include more funding and better training for those tasked with the job. The number of checks is expected to rise 30% from 27,000 to 35,000 per year. 7-step guide to […]
Swiss watch exports have biggest monthly drop in seven years
Brought to you by Investec Switzerland. Swiss watch exports plunged 16 percent in October, the biggest monthly drop in seven years, as demand weakened in almost every major market for Rolex and Omega timepieces. Shipments fell to 1.68 billion francs ($1.7 billion), the Federation of the Swiss Watch Industry said in a statement Tuesday. The […]
Switzerland risks power independence as nuclear vote looms
Brought to you by Investec Switzerland. Switzerland risks becoming dependent on electricity imports as its citizens prepare for a plebiscite on whether to hasten its exit from nuclear power. The nation faces losing a third of domestic supplies and becoming a net buyer of power if it opts to start closing its five nuclear plants […]
Solar Impulse arrives back in Switzerland
This afternoon the solar powered plane, Solar Impulse 2, touched down in Dübendorf near Zurich inside a 747, completing its trip back home to Switzerland where it was born. In 2 hours @solarimpulse will be back in the hangar where it was built in #Switzerland pic.twitter.com/5eWDMSynxe — SOLAR IMPULSE (@solarimpulse) 22 novembre 2016 In July, […]
