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Wealth industry looks out of the box

This content was published on Sep 4, 2010 Such radical new strategies are needed to give the seemingly staid world of private banking a much needed facelift and win back disillusioned clients, an industry summit in Zurich heard this week. Sebastian Dovey, managing partner at consultancy Scorpio Partnership, said the technology used to drive online romantic matchmaking services could be adapted to the…

Cardinal brewery protest in Fribourg

This content was published on Sep 4, 2010 Christian Levrat, leader of the centre-left Social Democrat party, and member of the House of Representatives, who is himself from Fribourg, told the crowd that the brewery was part of the town’s identity and tradition. The decision to close it was a demonstration of the “arrogance” of those responsible, he said. Dominique de Buman, of…

Leuenberger is positive about Cancun

This content was published on Sep 3, 2010 He said consensus had been reached on a so-called “Green Fund” for long-term financing that includes public and private funds. But observers say nothing was really decided in Geneva and Cancun remains the real litmus test. Ministers and top officials from 46 countries took part in the talks, jointly hosted by Switzerland and Mexico, aimed…

Kazakhstan joins Swiss IMF constituency

This content was published on Sep 3, 2010 The agreement was reached on Friday when Swiss Finance Minister Hans-Rudolf Merz and his Kazakh counterpart, Bolat Zhamishev, initialled a Memorandum of Understanding. Merz and Zhamishev also signed a revised double taxation agreement (DTA) during their meeting on Friday in the Kazakh capital Astana. The Memorandum of Understanding governs the cooperation between the two countries…

German-Swiss tax deal nears

This content was published on Sep 3, 2010 Schäuble said Switzerland and Germany would probably agree to a deal that would see the introduction of a withholding tax, as well as administrative assistance in tax evasion cases. Germany, along with Italy, the United States and France, has been one of the most fervent critics of Switzerland’s banking secrecy laws. “We want to conclude…

Potent new experimental malaria drug emerges

This content was published on Sep 3, 2010 The discovery of the drug by a Swiss-led international team is particularly timely, as experts have reported in Asia the first signs of resistance to artemisinin, the essential ingredient of malaria treatments for millions of patients annually. In laboratory tests the new experimental anti-malarial drug, NITD609, which belongs to a new class of compounds called…

Brewers face beer group pressure

This content was published on Sep 3, 2010 “You can’t be a real country unless you have a beer and an airline,” reckoned musician Frank Zappa. “It helps if you have some kind of a football team or some nuclear weapons, but at the very least you need a beer.” By Zappa’s definition, Switzerland is barely a microstate, having seen Swissair grounded in…

Rave brew world

This content was published on Sep 2, 2010 Jérôme Rebetez has been making different beers in his small brewery in the Jura hills for 13 years. One of his creations, l’Abbaye de Saint Bon-Chien, now has fans in the United States. In 2009 one New York Times journalist rated it one of the best beers in the world! (Photos: Thomas Kern, swissinfo.ch)

GDP grows 0.9 per cent in second quarter

This content was published on Sep 2, 2010 GDP growth was primarily the product of domestic demand – higher rates of investment activity – but demand from exports softened over the year, the State Secretariat for Economic Affairs (Seco) said in a statement on Thursday. Compared with the same quarter in the previous year, which marked the lowest level of GDP during the…

Switzerland has too few skilled workers

This content was published on Sep 1, 2010 That’s according to a 50-page government report released on Wednesday. It looks into the current situation plus the causes and possible consequences of the shortage. Between 2004 and 2009, the employers reacted to the problem by raising salaries and recruiting more specialist workers from abroad. Within Switzerland, the number of recent graduates in these fields…

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Wealth industry looks out of the box

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Cardinal brewery protest in Fribourg

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Leuenberger is positive about Cancun

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Kazakhstan joins Swiss IMF constituency

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German-Swiss tax deal nears

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Potent new experimental malaria drug emerges

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Brewers face beer group pressure

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Rave brew world

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GDP grows 0.9 per cent in second quarter

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Switzerland has too few skilled workers

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