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Milk protests spread across Switzerland

This content was published on Sep 22, 2009 Since the beginning of the year, the price of milk in Switzerland has fallen by an average of 30 per cent. Swiss farmers currently earn SFr0.55 ($0.58) for each litre of milk produced – half the amount of ten years ago. On Monday around 200 milk producers and 100 tractors blocked the entrance of the…

Economy improving but slow recovery forecast

This content was published on Sep 22, 2009 There will be a weaker decline of the gross domestic product (GDP) than was predicted, down 1.7 per cent compared with a 2.7 per cent contraction forecast in June, according to the quarterly economic tendencies report published by the State Secretariat of Economic Affairs (Seco) on Tuesday. The GDP decline will be the strongest annual…

Lausanne votes on north-south urban revamp

This content was published on Sep 22, 2009 Métamorphose is one of a number of recent high-profile development projects in Lausanne – a city with a population of 250,000 that is expected to welcome another 100,000 inhabitants by 2020. So as not to lose out to other regions, the city on Lake Geneva is being forced to reinvent itself; the authorities have agreed…

US tax authorities extend deadline

This content was published on Sep 21, 2009 A number of those affected will be wealthy Americans, who had placed their money in Swiss UBS bank to avoid paying taxes. Originally a deadline of September 23 was set for the amnesty, under which anyone who had undeclared assets in a foreign bank would receive reduced penalties if they informed the authorities about what…

Foreign firms rank stability higher than tax

This content was published on Sep 21, 2009 The latest survey of 700 global firms by Ernst & Young places Switzerland second as the most desirable country in the world for direct investment, behind Germany. In the midst of the current economic turbulence, political and legal stability, quality of living and good social climate came out top of the list of desirable attributes.…

Research head steps down over fake data

This content was published on Sep 21, 2009 A panel of experts concluded that scientific data in two publications and a doctoral thesis from the Federal Institute of Technology in Zurich were falsified in 1999 and 2000. However, it is not known for certain who is responsible. Peter Chen acknowledged his responsibility as head of research and has stepped down, a statement from…

Rest stop

This content was published on Sep 21, 2009 A musician takes a break before the traditional procession of the 47th Russin grape harvest festival near Geneva on September 20. The festival’s float procession, wine tasting and folk music typically attract more than 40,000 visitors to the village, which has a population of 400. (KEYSTONE/Martial Trezzini)

Watch out for the barbed wire and the butterfly

This content was published on Sep 19, 2009 But these are just two examples of how watchmakers have turned their passion for their craft into trying to help find a solution for Duchenne muscular dystrophy, a genetic illness that affects one in 3,500 boys. The watches are part of a series of 34, mostly Swiss brands that will be auctioned on September 24…

Human rights on agenda of Russian leader’s visit

This content was published on Sep 18, 2009 Talks during the two days will focus on bilateral relations, the post financial-crisis situation, G20 reform, Georgia and human rights. It will be the first time that a Russian head of state has visited Switzerland in the almost 200 years since the Swiss opened their first consulate in St Petersburg. An official ceremony at Zurich…

Stock exchange probing UBS

This content was published on Sep 18, 2009 The SIX Exchange Regulation said on Friday that it had started an investigation into breaches of the ad hoc publicity directive, from the end of 2007 to the end of 2008. It is also looking into possible violations of the corporate governance directive in connection with the UBS 2008 annual report. The bank did not…

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Milk protests spread across Switzerland

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Economy improving but slow recovery forecast

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Lausanne votes on north-south urban revamp

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US tax authorities extend deadline

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Foreign firms rank stability higher than tax

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Research head steps down over fake data

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Rest stop

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Watch out for the barbed wire and the butterfly

More

Human rights on agenda of Russian leader’s visit

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Stock exchange probing UBS

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