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Swiss on standby to help after Japan quake

This content was published on Mar 11, 2011 The spokeswoman of the UN Office for the Coordination of Humanitarian Affairs (OCHA) told Swiss television on Friday evening that although Japan had received offers from 68 search and rescue teams, initially it had accepted only those from the US, New Zealand, Australia and South Korea. Earlier on Friday the Swiss government had spoken of…

Senegalese farmers in David and Goliath fight

This content was published on Mar 11, 2011 Helping them in their struggle is Swiss Interchurch Aid, a Protestant organisation that funds a Senegalese association trying to find a way forward for local farmers. In the area around Lake Tanma, the wind stirs up so much dust that it’s hard to breathe. The lake forms during the rainy season. All around the effects…

Credit Suisse to pay $70m to settle suit

This content was published on Mar 11, 2011 In an agreement filed in Manhattan, the Swiss bank said it would settle with investors who purchased United States depositary shares of the company’s stock on the New York Exchange between February 15, 2007 and April 14, 2008. US residents who purchased Credit Suisse stock on the Swiss stock exchange during the period are also…

US tax probe tightens noose on Swiss banks

This content was published on Mar 9, 2011 The renewed offensive by the US tax authorities has alarmed the Swiss banking community, sparking fears of a second assault on banking secrecy and rumours regarding which banks may be next to face the music. One bank that has suffered from adverse conditions in the US is the Neue Zürcher Bank (NZB), that closed down…

Double-jobbing molecule tracked by scientists

This content was published on Mar 9, 2011 The molecule – cytokine tumour necrosis factor-alpha (TNFα) – has until now mainly been known for its role in killing disease-causing agents in the immune system during inflammatory and immune reactions, when it is produced in large amounts. The team of neurobiologists, led by Andrea Volterra, discovered that this immune molecule also plays a critical…

Beside the points

This content was published on Mar 9, 2011 Public railways have existed since 1825 and operational models of them for roughly just as long. Train sets can be found in attics, air raid shelters, former swimming pools or purpose-built clubs. The recent digitalisation of tracks has rejuvenated the model train scene. Photographer Roger Wehrli visited three clubs in Aargau and Solothurn.

KOF predicts growth in 2011

This content was published on Mar 9, 2011 Based on input solicited from economists, the institute predicts GDP growth at a rate of two per cent for 2011. The overall expected growth is 1.9 per cent – slightly higher than the figure estimated in December. Meanwhile, construction and equipment investments are expected to increase by 3.6 per cent. The KOF Consensus Forecast says…

Swatch could be heading for hour of reckoning

This content was published on Mar 9, 2011 Grégory Pons, a French Geneva-based journalist specialising in the watch industry, tells swissinfo.ch that despite the Swatch Group’s success – record key figures for 2010 have already been released – challenges lie ahead. Pons is editor of an international newsletter for watchmaking professionals and jury member of the Grand Prix d’Horlogerie, a competition for high-end…

Tax evasion case puts Credit Suisse in spotlight

This content was published on Mar 9, 2011 The defendant, from Ohio, was originally charged with hiding assets in accounts at Swiss bank UBS, but he has now also admitted that he hid assets at Switzerland’s other big bank. US officials have said they are investigating other banks after UBS in 2009 paid $780 million (SFr731 million) to settle tax evasion charges. A…

Rising house prices “heading towards a wall”

This content was published on Mar 8, 2011 The average price of apartments has increased 56 per cent in the past decade and that of single family homes by 37 per cent, with the trend showing no signs of abating. In some areas, real estate inflation has substantially outstripped rises in household income. “We’re heading towards a wall,” Credit Suisse real estate analyst…

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Swiss on standby to help after Japan quake

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Senegalese farmers in David and Goliath fight

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Credit Suisse to pay $70m to settle suit

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US tax probe tightens noose on Swiss banks

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Double-jobbing molecule tracked by scientists

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Beside the points

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KOF predicts growth in 2011

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Swatch could be heading for hour of reckoning

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Tax evasion case puts Credit Suisse in spotlight

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Rising house prices “heading towards a wall”

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