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US tax havens – the new Switzerland?

This content was published on May 9, 2016 In an old discount store hugging a corner in downtown Sioux Falls, South Dakota, the heirs to the William Wrigley chewing gum fortune have an office for their family trust. So do the Carlson family, owners of the Radisson hotel chain, and the family of John Nash, the late hedge fund giant. They are among…

Grassroots democracy: road works ahead

This content was published on May 7, 2016 I know it’s not a fair comparison. This is definitely an apples and oranges kind of thing but bear with me. With an economy in overdrive, a huge workforce at its disposal and flush in cash, the Chinese government is a master at fast tracking infrastructure projects. In contrast, my small town of Spiez located…

Selling their way to a ticket to Switzerland

This content was published on May 6, 2016 The aroma of spicy Indian food and the thumping beats of bhangra music permeate the first floor of a chain hotel near the Zurich airport. The exotic smells and sounds are thanks to a group of Indian tourists who’ve booked a banquet room for dinner and light entertainment. But they’re no ordinary tourist group on…

Ruling may put the brakes on Uber

This content was published on May 6, 2016 “It’s a hard blow for Uber’s business model,” work law expert Thomas Geiser told Swiss public television SRF’s RundschauExternal link programme on Thursday. “This means that every other case involving an Uber driver will be treated the same,” said the St Gallen University professor. “It means that the [Uber business model] cannot work. Uber has…

Leading Swiss law firm opens office in Tehran

This content was published on May 6, 2016 The new office will aim to advise foreign multinationals on how to operate in a country slowly awakening from years of international isolation and numerous economic downturns. In February, Germany’s CMS was the first international law firm to open an office in Tehran since the 1979 Islamic Revolution. Economic sanctions were lifted in January this…

Basic income crowdfunder sees Swiss vote’s potential

This content was published on May 4, 2016 The Swiss will soon vote on whether to give everyone an unconditional basic income. American Scott Santens has already achieved that for himself.

Credit Suisse settles in US rate-rigging lawsuit

This content was published on May 4, 2016 Investors had claimed that the banks – Bank of America, Barclays, Citigroup, Credit Suisse, Deutsche Bank, JPMorgan Chase & Co and Royal Bank of Scotland Group – conspired to rig the “ISDAfix” benchmark from 2009 to 2012. The ISDAfix is used to set the price of swaps and interest rate derivatives. Bloomberg reported that the…

Too much election money ‘hollows out’ democracy

This content was published on May 4, 2016 “Too much money in elections hollows out democracy,” Annan told the audience at the Geneva Graduate Institute attending a public debate entitled, “Are elections giving democracy a bad name?” “We must recognise that the growing and sometimes pernicious influence of money, especially in elections even in well-established and seemingly stable democracies really does distort democracy.”…

EU parliamentarian cautions against ‘too many votes’

This content was published on May 4, 2016 Dohrmann says it is important for the 28-nation bloc to increase citizens’ participation to prevent the gulf between the political elite and ordinary people from widening. In an interview with the NZZ am Sonntag newspaper, Dohrmann agreed that Swiss-style direct democracy could “in principle” serve as a model. “It is important for people to have…

Number of cross-border commuters to Switzerland slows

This content was published on May 3, 2016 During the first three months of the year, some 360,000 people travelled every day to Switzerland for work – a 3.7% increase over the same period last year. But this is only up 0.7% on the last quarter of 2015, according to the Federal Statistical Office’s latest figures published on Tuesday. This represents the lowest…

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US tax havens – the new Switzerland?

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Grassroots democracy: road works ahead

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Selling their way to a ticket to Switzerland

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Ruling may put the brakes on Uber

More

Leading Swiss law firm opens office in Tehran

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Basic income crowdfunder sees Swiss vote’s potential

More

Credit Suisse settles in US rate-rigging lawsuit

More

Too much election money ‘hollows out’ democracy

More

EU parliamentarian cautions against ‘too many votes’

More

Number of cross-border commuters to Switzerland slows

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