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Opponents clash on fairness of tax system

This content was published on Aug 11, 2009 The centre-left Social Democratic Party in May 2008 submitted an initiative that, if passed, would force all cantons to adopt the same tax system. The Swiss Business Federation (economiesuisse) believes this would damage the economy. The Federation recruited a noted academic to produce a dossier outlining the benefits of the current system. The findings of…

Country’s biggest wind farm keeps growing

This content was published on Aug 11, 2009 Eight wind turbines will be added to the site in the Jura region by autumn 2010, the operator Juvent said on Tuesday. The SFr52 million ($48 million) project aims to respond to a rise in demand for green energy. Once complete, the farm will provide 32 million kilowatt hours (KwH) of green power annually, enough…

Salary caps for bankers rejected in parliament

This content was published on Aug 11, 2009 A majority in the Senate on Tuesday voted against plans by the House of Representatives to split up banks’ business activities at home and abroad. It also rejected setting caps for bonuses and bankers’ and board members’ pay, and plans for a government seat in companies benefitting from state funds, notably the struggling UBS bank.…

Adecco revenue falls under economic downturn

This content was published on Aug 11, 2009 The Swiss-based company announced a second-quarter net loss of €147 million (SFr225 million) on Tuesday as revenues continued to fall during the global economic downturn. Analysts had been forecasting a profit of €29 million. The tumble was a sharp contrast to the same period last year when the group recorded a net profit of €212…

Swiss Post sees opportunities abroad

This content was published on Aug 11, 2009 Béglé believes that it is a time of change for the company, which has to straddle both innovation and tradition. Most Swiss attach great importance to the services provided by Swiss Post and do not want the complete deregulation of the letter delivery market as proposed by the government in May, according to a survey…

Swiss want traditional postal service preserved

This content was published on Aug 10, 2009 Some 57 per cent of Swiss believe that the complete deregulation of the letter delivery market as proposed by the cabinet in May makes very little or no sense at all. The survey, carried out by the research institute gfs.berne on behalf of the Swiss Post found that two-thirds of those questioned agree with the…

Merz says IRS-UBS row needs no emergency laws

This content was published on Aug 9, 2009 Merz, who also holds the rotating Swiss presidency this year, told public television on Sunday that talks were nearing an end and that the federal cabinet would meet to discuss the case, perhaps as early as Monday. A government spokesman would not confirm or deny the meeting. The dispute between UBS and the United States’…

UBS tax evasion deal bogged down in details

This content was published on Aug 7, 2009 Lawyers asked a Miami judge to postpone the threatened trial for yet another week as attempts to find an out-of-court settlement foundered on details of a broad agreement between the two countries. The US tax authorities had demanded details of thousands of UBS clients in February after the bank admitted that some of its employees…

Animal rights poll

This content was published on Aug 7, 2009

Foreign animal “militants” active in Switzerland

This content was published on Aug 7, 2009 Martin Bühler, the spokesman for the Directorate for Analysis and Prevention, told Swiss radio on Friday that incidents involving animal rights radicals make up around ten per cent of its caseload. On Thursday, an organisation called Militant Forces against Huntingdon Life Science (MFAH) claimed responsibility for Monday’s attack on the Austrian holiday home of Daniel…

Internal: Archive

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Internal: Archive

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Opponents clash on fairness of tax system

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Country’s biggest wind farm keeps growing

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Salary caps for bankers rejected in parliament

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Adecco revenue falls under economic downturn

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Swiss Post sees opportunities abroad

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Swiss want traditional postal service preserved

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Merz says IRS-UBS row needs no emergency laws

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UBS tax evasion deal bogged down in details

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Animal rights poll

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Foreign animal “militants” active in Switzerland

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