Archive – Banking & Fintech

More youngsters sink into poverty trap

This content was published on Jun 26, 2007 The latest official figures added fuel to campaigns from pressure groups highlighting the worsening situation for under 18-year-olds who now make up almost a third of people on welfare assistance. The Swiss Conference of Social Institutions believes the problem can no longer be ignored. “We were talking about this issue months ago, but somehow it…

What is Social Bookmarking?

This content was published on Jun 26, 2007 Have you read an article recently on swissinfo that you want to share with the world? Now you can with our new Social Bookmarking feature.swissinfo readers can click on one of the buttons on the bottom of any article to link the story to a variety of bookmarking sites. Social Bookmarking is a relatively new…

Say it with a letter

This content was published on Jun 24, 2007 The volume of letters posted in Switzerland continues to slowly dwindle compared with the millions of emails sent every day, but despite this the future of the letter seems secure. According to a recent survey by Swiss Post, three-quarters of those questioned said that letters were more personal and pleasant than emails. And most agreed…

Solar power needs a boost

This content was published on Jun 22, 2007 The demand from the country’s industry comes as the gap between Switzerland’s pioneering research in the field and actual use of solar power continues to widen. Just last month, Swiss know-how was on show in New York with the arrival of Sun21, the first solar-powered boat to cross the Atlantic. The result was no surprise…

Jakob wires up the world in modern designs

This content was published on Jun 22, 2007 But rope-making from hemp at the Jakob company has developed over the past 100 years into the production of wire rope, not only for ski lifts and the construction industry, but also with increasing success for modern architecture. Whether it’s in the two-year-old Paul Klee art centre in Bern, the MFO-Park in Oerlikon, Zurich, which…

Thomy in advertising campaigns

This content was published on Jun 22, 2007

National Bank hailed as source of prosperity

This content was published on Jun 22, 2007 The National Bank (SNB) was celebrating its 100th anniversary on Friday with festivities in Zurich attended by dignitaries, including the head of the European Central Bank, Jean-Claude Trichet. Calmy-Rey described the role of National Bank as the “Rütli meadow of monetary policy”, in a reference to the site where Swiss swore an allegiance to unite…

Vulnerability of computer networks highlighted

This content was published on Jun 22, 2007 A first meeting of the non-governmental Geneva Security Forum discussed cyber and information security this week. Switzerland says it is aware of the risks but its means are limited. The onslaught on Estonia’s public and private computer infrastructure last month – allegedly carried out by Russia over the removal of a Soviet war monument –…

Lufthansa to complete Swiss buyout early

This content was published on Jun 21, 2007 Lufthansa decided to acquire the remaining 51 per cent of shares needed for total ownership of Switzerland’s former national carrier following good financial results and the approval of all air traffic rights. Within two weeks the Swiss airline that was set up partly with taxpayers’ money will be fully in German hands. In March Swiss…

Canada’s Swiss – to vote or not to vote

This content was published on Jun 20, 2007 One imports fresh cream-filled chocolate truffles from Switzerland, another is a politically active fundraiser and the third is carrying on the Swiss dairy farming tradition. They all live in the greater Toronto area, the capital of Ontario which is Canada’s most populous province and the country’s economic powerhouse. Of the SFr2.4 billion (CAD 2.1 billion)…

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