In 2014, Australian forester Scott Poynton used a cartoon to convince the head of the world’s largest palm oil company to stop destroying tropical forest to produce its product. This month he’s putting on his lime-green hiking boots and hitting the trail to keep men alive. Starting from Lake Geneva, Scott will climb the Jura peak, La Dole, […]
Swiss tennis star Stan Wawrinka presents the Swiss weather
Swiss tennis star presents the weather with French comedian Yann Barthès, who made fun of Switzerland’s president earlier in the year. As well as Switzerland’s temperatures, Stan gives some personal insights into Switzerland. Barthè’s show, TMC Quotidien airs on TFI in France. Note: unfortunately this video will not play in Safari. However, it works in […]
Geneva hits cyclists with fines
Tribune de Genève. Running a red light on a bicycle in Geneva will cost you CHF 60. Riding on the footpath brings a fine of CHF 40. Last week teams of police took to the city’s streets to issue fines. “We publicised our plan. We don’t want to surprise people”, officer Yann Oppeliguer, told the teams before they took […]
SMI down as investors eye the US election
4 November 2016 – Swiss and global market roundup. Brought to you by Investec Switzerland. The SMI is set to finish the week notably lower as investors continue to dump equities amid worries about the implications of next week’s US election, the trajectory of interest rates and mixed corporate earnings. Until a week ago the market […]
Cross-border worker numbers surge despite declining immigration
At the end of September 2016, 314,000 foreign residents were crossing the border to work in Switzerland. This represents around 6% of Switzerland’s workforce1. Swiss statistics office numbers show a rise of 3.5%, or 10,500 people since 30 September 2015. The largest numbers and growth were seen in the number of French residents working in Switzerland. […]
Brexit is making it too expensive to go skiing in Alps
Brought to you by Investec Switzerland. The promise of snow across the Alps this weekend won’t be enough to lift the gloom at some of Europe’s top ski resorts as the pound’s post-Brexit slide dents British bookings. Jon Fricker, a property developer in Beaconsfield, west of London, said some of his friends would probably back […]
Merkel says Brexit talks mustn’t impact Swiss-EU negotiations
Brought to you by Investec Switzerland. Swiss talks with the European Union about immigration restrictions mustn’t be impacted by the U.K.’s decision to leave the bloc, German Chancellor Angela Merkel said. “In the EU, we should carry on negotiations with Switzerland in the same way as we would have if there were no question on […]
Swiss franc rises to strongest level since June
Brought to you by Investec Switzerland. The Swiss franc climbed on Wednesday as global stocks fell and demand for haven assets increased on growing concerns that the U.S. presidential race had tightened. The franc reached its strongest level versus the euro since June and advanced against the dollar. Demand for havens is being stoked after […]
UBS says Swiss property market remains at risk of bubble: chart
Brought to you by Investec Switzerland. Risks to the Swiss property market remained elevated in the three months through September, according to UBS Group AG’s quarterly index. “While the buy-to-rent price ratio reached an all-time high, moderate mortgage growth and the slightly-improved economy prevented imbalances in the owner-occupied housing market from widening,” it said in […]
Number of people banned entry to Switzerland for security reasons more than triples
20 Minutes. By the end of September this year, Switzerland’s Federal office of police (Fedpol), had banned 97 people from entering Switzerland, compared to 28 across the whole of 2015. A spokesperson for Fedpol told the news service ATS that the rise was largely related to war and conflict in the middle east. Many of the […]
