Cluster: Archive

Swiss role at sea makes waves in new book

This content was published on Jun 28, 2003 It relates how Basel developed as a flourishing port on the River Rhine to become the inland home port for seagoing Swiss cargo ships. “Home Port Basel” describes how the sea-going Swiss navy was created out of necessity during the 1940s to ensure the delivery of vital food supplies and raw materials. Its “home” port…

Experts warn of rise in gambling addiction

This content was published on Jun 28, 2003 They say many addicts run up debts of least SFr50,000 ($37,000) before seeking help. The first new casino opened in the city of Lucerne last June and was followed by Bern, Baden, Lugano and Montreux. The final two – in Basel and St Gallen – are due to open later this year. Operators of these…

Swiss on hunt for new investors

This content was published on Jun 28, 2003 British bank, Barclays, last week confirmed it had been hired to help Swiss win new lines of credit as it restructures itself over the coming months. André Dosé, the airline’s CEO, last week announced plans to reduce the carrier’s capacity and sack one in three of its 9,000-strong workforce. Dosé said he planned to overhaul…

OECD targets Swiss tax rules

This content was published on Jun 27, 2003 The Swiss have been under pressure to scrap tax rules that make the country attractive to foreign holding companies and so-called “PO box firms”. Daniel Eckmann, a spokesman for the Swiss finance ministry, on Friday confirmed the blacklisting which is contained in a preliminary report by the OECD’s “Forum on Harmful Tax Practices”. Switzerland –…

Swissmetro requests new concession

This content was published on Jun 27, 2003 The Swiss government had turned down a similar demand in 1999 because of the lack of proper financial plan. Swissmetro SA also demonstrated a scale model of its system at a press conference on Friday in Bern, along with a new feasibility study for two pilot tracks. Described as a cross between a train without…

Scientists develop intelligent clothing

This content was published on Jun 27, 2003 Billed as the next stage of the IT revolution, a mini-computer could be built into your shirt, your belt, or just about anything else that you wear. Scientists at the Federal Institute of Technology in Zurich say the idea is to develop a number of electronic parts, which can then be integrated into clothing and…

Crash victim families to receive compensation

This content was published on Jun 27, 2003 No official figures were released on how much each party would contribute to the fund. The mid-air crash on July 1, 2002, of a Russian passenger plane and a DHL cargo jet in Swiss-controlled airspace claimed 71 lives. The Bashkirian Airlines jet was carrying over 40 Russian schoolchildren en route to Spain when it collided…

Swiss industry wracked by insecurity

This content was published on Jun 27, 2003 But it has rejected Fritz Blaser’s recipe for returning the country to a healthy state. swissinfo contacted Pietro Cavadini, spokesman for the federation, and asked him for his reaction to Blaser’s proposals. swissinfo: How accurate is Blaser’s assessment? Pietro Cavadini: Fritz Blaser is very critical and with good reason. Conditions for both employees and businesses…

Deiss calls for action on ageing population

This content was published on Jun 27, 2003 Deiss told Swiss business leaders this week that difficult decisions needed to be taken now because the political process in Switzerland was often long-winded. “If we do not change current regulations, the social insurance contributions of working people will increase considerably,” he warned the annual meeting of the Swiss Employers’ Association in Zurich (see related…

Business leader sounds alarm for Switzerland

This content was published on Jun 27, 2003 He has called for strong action and a “change of course” to stop the country sliding into mediocrity. “Switzerland is today faced with challenges of a dimension not seen since the Second World War,” he told the association’s general meeting in Zurich. “If we do not change some of our policies in the years to…

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Swiss role at sea makes waves in new book

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Experts warn of rise in gambling addiction

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Swiss on hunt for new investors

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OECD targets Swiss tax rules

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Swissmetro requests new concession

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Scientists develop intelligent clothing

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Crash victim families to receive compensation

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Swiss industry wracked by insecurity

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Deiss calls for action on ageing population

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Business leader sounds alarm for Switzerland

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