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Seco sticks to forecast of slow upswing

This content was published on Jun 8, 2010 In its Summer 2010 forecast, Seco’s group of experts said that growth for 2010 was slightly better than anticipated, but that it saw increased risks for 2011. “While the growth prospects for 2010 are even slightly better than anticipated until now (1.8 per cent instead of 1.4 per cent), the Gross Domestic Product (GDP) forecast…

Support for petition to show Fifa yellow card

This content was published on Jun 7, 2010 The online petition by Swiss Labour Assistance wants to “Show the yellow card” to football’s Zurich-based governing body, Fifa. Among the petition’s demands are for fair wages and conditions for construction workers and staff at the World Cup, a ban on demolition of impoverished areas and shantytowns and unrestricted freedom of the press during the…

Jumbo-sized problem for Zurich police

This content was published on Jun 7, 2010 Sabu managed to break free on Sunday night when her keeper wasn’t watching, headed off to Lake Zurich and took a dip in the water, before stunning onlookers as she strolled down the Bahnhofstrasse, the city’s priciest shopping street. Trailed by her keepers and police with blue lights and sirens, she continued towards the railway…

Swiss economy spills over the borders

This content was published on Jun 7, 2010 The border regions of Germany, France and Italy are more important to the Swiss economy than China, the United States and India, Jean-Daniel Gerber, head of the State Secretariat for Economic Affairs (Seco), told a French newspaper recently. In other words, the notion of a border has changed. The Swiss economy overflows into the surrounding…

Swiss buy smaller, less thirsty cars

This content was published on Jun 7, 2010 For the first time in recorded history, the fuel consumption of new cars went down to under seven litres per 100 kilometres in 2009. The exact figure was 6.86 litres per 100 kilometres, the Federal Energy Office announced on Monday. That brings the average CO2 emissions down to an average of 167 grams per kilometre…

Swiss winemakers find heavenly spot near Cape

This content was published on Jun 7, 2010 The last stretch of the drive to the vineyards of Jean-Claude Martin and Christoph Kaser is a reddish-brown dirt road. A gate with the South African flag – and a smaller Swiss one – indicates the entrance to the Creation Wines estate, a few kilometres inland from the quaint coastal town of Hermanus. It is…

High number of home residents have dementia

This content was published on Jun 7, 2010 The Federal Statistics Office found that 67 per cent had great difficulty in performing daily tasks such as eating and getting dressed. The results are part of a survey on the state of health and living conditions of old people living in institutions which was published on Monday. It found that 77 per cent had…

Transocean drops Swiss anchor with listing

This content was published on Jun 7, 2010 The company, which has been embroiled in the recent Gulf of Mexico oil spill, will be fast-tracked to the leading blue chip Swiss Market Index (SMI) and the Swiss Leader Index (SLI) on June 21. The Swiss stock exchange (SIX) has ignored the controversy surrounding the firm and has decided to go ahead with the…

UBS tells government it’s ready to talk

This content was published on Jun 6, 2010 In a letter addressed to Swiss President Doris Leuthard and members of a parliamentary control committee, UBS chairman Kaspar Villiger and CEO Oswald Grübel said they were willing to talk. “This is a good sign,” said Hans Hess, a senator from the centre-right Radical Party and vice chairman of the committee that recently criticised the…

Ministers address report that criticises them

This content was published on Jun 6, 2010 In a newspaper interview published on Sunday in the Neue Zürcher Zeitung, the minister said she had twice faced hard but fair questions by investigators. She said the 300-page report was so thorough that a separate investigation into UBS over its tax woes in the United States would likely not bring anything new to light.…

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Seco sticks to forecast of slow upswing

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Support for petition to show Fifa yellow card

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Jumbo-sized problem for Zurich police

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Swiss economy spills over the borders

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Swiss buy smaller, less thirsty cars

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Swiss winemakers find heavenly spot near Cape

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High number of home residents have dementia

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Transocean drops Swiss anchor with listing

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UBS tells government it’s ready to talk

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Ministers address report that criticises them

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