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The business week ahead

This content was published on Aug 6, 2000 The major domestic news on the economic front comes on Tuesday with the release of unemployment figures for July. In June the unemployment rate stood at 1.8 per cent, and analysts are now forecasting a further drop as the Swiss economy continues its economic recovery. Last week Swiss consumer price inflation came in at two…

Fireworks and film: this week in Switzerland

This content was published on Aug 5, 2000 For about 200,000 people, August 1 began with an increasingly popular brunch at the farm and was rounded off with a barbecue and the lighting of huge bonfires on almost every hill-top and a firework display. A more solemn element was provided by politicians up and down the country, chief among them the President, Adolf…

The business week in review

This content was published on Aug 5, 2000 The Swiss National Bank said there was no cause for alarm even though the inflation rate is now pushing at the limits of what the bank regards as price stability. It said that the increase was a temporary surge due to the high cost of fuel and that the inflation rate would stabilise along with…

Swiss banks approve $1.25 billion Holocaust settlement

This content was published on Aug 4, 2000 A joint statement issued by the banks said they had notified the responsible United States court of their acceptance of a series of amendments to an accord first signed in 1998. The amendments involve looted art, the further search for bank accounts, financing legal costs and the inclusion of insurance companies. The banks had been…

Swiss seek to prevent extinction of storks

This content was published on Aug 4, 2000 Unless the mystery is solved soon, Swiss storks will die out completely, officials for the project “SOS Stork” say. The storks’ 52-gramme backpacks are solar-powered transmitters, the initial part of a telemetry system. Their signals will be received by three satellites and relayed to biologist Adrian Aebischer in Fribourg, giving him the location of each…

Swiss react positively to Adtranz sale

This content was published on Aug 4, 2000 Adtranz, which is owned by DaimlerChrysler and has its headquarters in Germany, announced last year that it was closing two plants in Switzerland, with the loss of 710 jobs. The sale has still to be approved by the relevant competition authorities. DaimlerChrysler boss, Jurgen Schrempp, said the sell-off would enable the company to focus on…

Lavin: a tiny village that moved a mountain

This content was published on Aug 4, 2000 Speeches were made in Switzerland’s fourth national language, Romansch. Alphorns blew. Dignitaries came from Berne. Television cameras rolled. The small community of Lavin was enjoying its moment in the sun. The event was to mark the official handing over of the plateau and its lakes to the Swiss National Park. It was quite an occasion…

Adtranz falls into Canadian hands

This content was published on Aug 4, 2000 Adtranz, which is owned by DaimlerChrysler, last year announced it was closing two plants in Switzerland, with the loss of 710 jobs. The deal was announced on Friday by DaimlerChrysler, and has still to be approved by the competition authorities. DaimlerChrysler boss, Jurgen Schrempp, said the sell-off would enable the company to focus on automobile…

In search of the dragon of the lakes

This content was published on Aug 4, 2000 The lakes sit on a high plateau above the town of Zernez on one side and the village of Lavin on the other. I followed the steep route up from Zernez. Macun is the Romansch word for ibex, and there are plenty of these animals in the area as well as deer, chamois and marmots.…

Swiss banks to give final go-ahead to Holocaust settlement

This content was published on Aug 4, 2000 Their approval clears the final hurdle on the Swiss side to the settlement and paves the way for distribution of money to tens of thousands of elderly Holocaust survivors and their heirs, although payments are still not expected before the end of the year. The United States District Court Judge, Edward Korman, who approved the…

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The business week ahead

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Fireworks and film: this week in Switzerland

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Swiss banks approve $1.25 billion Holocaust settlement

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Swiss seek to prevent extinction of storks

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Adtranz falls into Canadian hands

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In search of the dragon of the lakes

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Swiss banks to give final go-ahead to Holocaust settlement

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