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Swiss to vote on funding of abortion

This content was published on Dec 22, 2013 The strength of the people’s response in June 2002 seemed to have put an end to decades of bitter debates on abortion in Switzerland. With over 72% of votes cast, the electorate had approved what was known as the first-trimester solution, which meant the decriminalisation of abortion in the first 12 weeks of pregnancy. At…

Swiss railways could benefit from fresh cash boost

This content was published on Dec 20, 2013 Less congestion on the streets, more seats on trains, half-hourly connections on main routes, expansion in all regions, better regulation of freight traffic – all this and much more is promised by a new bill. Every canton is to get a slice of the action, worth CHF6.4 billion ($7.2 billion). “This is not a transport…

Switzerland reiterates its positive economic forecast

This content was published on Dec 19, 2013 The expert group of the State Secretariat for Economic Affairs (SECO) reiterated that it expects the Swiss GDP to grow 2.3% in 2014, up from 1.9% in 2013. For 2015 it forecasts growth of 2.7%, SECO said in a statement on Thursday. “Further and consequently, broader-based economic expansion is expected, since the domestic economy, which…

Swiss planet hunter among top scientists

This content was published on Dec 19, 2013 In 1995, Mayor and Didier Queloz made the first discovery of a giant planet orbiting a sun-like star, spawning a revolution in astronomy. Today, about 1,050 of these exoplanets are known, hundreds of them found by Mayor and his team over the past two decades. According to Nature, 2013 brought the 71-year-old planet hunter a…

Wealth magnet Singapore challenges private banks

This content was published on Dec 19, 2013 Cushioned from the stifling heat and noise of the bustling banking district, the lobby of Swiss private bank Bordier’s new Singapore branch offers an oasis of tranquility. On entering the building clients are greeted by the sight of a large, slightly battered ledger book dating back more than 100 years – with hand-written entries of…

Banking on changing attitudes of Asian wealth

This content was published on Dec 19, 2013 The Singapore private banking scene is rapidly developing, with assets being deposited in such institutions rising ten-fold from S$50 billion ($40 billion) in 2000 to S$550 billion last year. But that is only a fraction of $1.63 trillion of wealth parked in Singapore in 2012. The 169-year old Swiss private bank, with around CHF10 billion ($11…

New Jersey sues Credit Suisse

This content was published on Dec 18, 2013 In a lawsuit filed on Wednesday, the state said Credit Suisse did not disclose to investors that underwriting guidelines had been abandoned in the sales. The suit says that in addition, investors were not told that many of the loan originators had poor track records and that some had even been suspended from doing business…

Raising the bar for people’s initiatives

This content was published on Dec 17, 2013 It’s Saturday afternoon on the Bärenplatz in Bern. Activists seeking signatures for people’s initiatives of all sorts make a point of setting up their tables on this crowded square in the Swiss capital, just a stone’s throw from the federal parliament. Andy Tschümperlin knows the scene well. He has often been one of the signature…

Ex-banker granted $10.5 million bail

This content was published on Dec 16, 2013 Weil, a 54-year-old Swiss citizen, was arrested in Italy in October. The Florida court indictment accuses him of playing a prominent role in helping UBS’s US clients hide around $20 billion in undeclared assets between 2002 and 2007. Weil appeared in shackles in federal court on Monday, three days after he was extradited from Italy.…

Swiss fight over impact of EU immigration

This content was published on Dec 16, 2013 It’s the Swiss People’s Party that forced the vote. Its president, Toni Brunner, told swissinfo.ch that rejecting the initiative would be as good as giving in to excessive immigration. Since the progressive introduction of the accord between Switzerland and the EU granting free access to each other’s labour markets, up to 80,000 foreign workers have…

Internal: Archive

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Internal: Archive

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Swiss to vote on funding of abortion

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Swiss railways could benefit from fresh cash boost

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Switzerland reiterates its positive economic forecast

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Swiss planet hunter among top scientists

More

Wealth magnet Singapore challenges private banks

More

Banking on changing attitudes of Asian wealth

More

New Jersey sues Credit Suisse

More

Raising the bar for people’s initiatives

More

Ex-banker granted $10.5 million bail

More

Swiss fight over impact of EU immigration

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