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Switzerland stays in hearts of Kosovo returnees

This content was published on Oct 29, 2008 But for both men, memories of their time in Switzerland remain fresh, making their arrival back in their home country bittersweet. Pristina’s streets are full – high-powered cars with foreign number plates are parked bumper to bumper along the main streets, making life difficult for pedestrians. Each summer Kosovo is invaded by thousands of expats…

Businesses fear effects of strong franc

This content was published on Oct 29, 2008 The franc soared to SFr1.43 against the euro on Monday, the strongest it has been in eight years. Overnight, Swiss goods have become significantly more expensive for the Euro zone – Switzerland’s biggest market. The sharp downturn in the global economy has already resulted in the first monthly fall in four years of Swiss goods…

US campaign rhetoric reveals strategies

This content was published on Oct 28, 2008 Historian Martin Klimke, who is based at the German Historical Institute in Washington and analysed the results, tells swissinfo that McCain is very concise and clear while Obama is consistent and draws links between issues. Working with linguists Noah Bubenhofer and Joachim Scharloth, Klimke used a supercomputer to crunch nearly two years’ worth of words…

Banker warns of tough times ahead

This content was published on Oct 28, 2008 Geneva is likely to see a drop of one third in tax revenue from the financial business located there in 2009-10, Ivan Pictet, president of the Geneva Financial Center foundation, told journalists. He described the current world financial crisis as “very serious”, but said Switzerland was better placed than many countries since it did not…

Bank jobs to go

This content was published on Oct 28, 2008 A bank spokesperson said those affected worked in the investment bank and its support sections. Almost all the jobs being lost are in the United States and Britain. These new losses come on top of 1,500 already announced job cuts in the investment bank. Credit Suisse reported third quarter losses of SFr1.26 billion ($1.08 billion)…

Quake research unearths promising results

This content was published on Oct 28, 2008 This information could help with risk assessment and quake prediction, according to Jochen Wössner from the Swiss Seismological Service at the Federal Institute of Technology in Zurich. Despite technical progress made in recent years, measuring earthquakes is still not perfect. Whether seismometers record an earthquake depends on the one hand on the density and quality…

Spending is brisk but clouds appear on horizon

This content was published on Oct 28, 2008 The monthly consumption indicator rose slightly in September after declines in July and August. UBS said on Tuesday that the situation on the labour market was still encouraging and was likely to have a positive impact on expected household income. This, it said, gave cause for optimism. But it commented that the continuing high level…

Dr Doom sees gloom for global bourses

This content was published on Oct 28, 2008 He also believes that stock exchanges will stay at low levels for a long time. Faber, otherwise known as Dr Doom for his contrarian views on the economy, has lived in Asia for the past 35 years. He is a jack-of-all-trades: investment adviser, financier, best-selling author and the compiler of a monthly economic publication called…

X-ray specialist wins Latsis Prize

This content was published on Oct 28, 2008 Pfeiffer, who heads a research group at the Paul Scherrer Institute in canton Aargau and is also an assistant professor at the Federal Institute of Technology in Lausanne, won the SFr100,000 ($86,000) prize for demonstrating the practicality of a high-resolution technique known as dark-field x-ray imaging. The technology developed by Pfeiffer, 35, and other Swiss-based…

Euro tumbles against franc

This content was published on Oct 27, 2008 At one point it was trading at only SFr1.4308, although later it rose to SFr1.4500. Since July it has lost more than ten per cent against the Swiss currency. In October 2007 it was at a record high, at SFr1.6828. Experts say that the euro has weakened as investors have sold in order to buy…

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Switzerland stays in hearts of Kosovo returnees

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Businesses fear effects of strong franc

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US campaign rhetoric reveals strategies

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Banker warns of tough times ahead

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Bank jobs to go

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Quake research unearths promising results

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Spending is brisk but clouds appear on horizon

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Dr Doom sees gloom for global bourses

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X-ray specialist wins Latsis Prize

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Euro tumbles against franc

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