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Slowing growth predicted for Swiss economy

This content was published on Oct 5, 2000 In its autumn report, released on Thursday, KOF forecast that Gross Domestic Product would grow by 2.9 per cent in 2000, before slowing to 2.2 per cent in 2001 and 1.5 per cent in 2002. Petta Huth, a researcher at KOF told swissinfo: “We have had very good growth rate up to now but we…

Development agency boss calls for more aid

This content was published on Oct 5, 2000 Fust was speaking on the sidelines of a one-day conference in the capital, Berne. The meeting discussed the World Bank’s World Development Report 2000/1, which is devoted to alleviating poverty. “We should do more especially regarding the financial volume,” he told swissinfo. “We must do more in improving the quality of our work… and to…

Lugano build up points, but also debts

This content was published on Oct 5, 2000 According to reports in Switzerland’s German and Italian language press, SFr3 million of the debt was built up over the course of the 1999/2000 season, with the rest accumulating since the start of the current season. Lugano’s investors are demanding SFr3.5 million of their money back, and the side looks set to have to sell…

Vacallo expelled from basketball championship

This content was published on Oct 5, 2000 The exclusion means basketball’s top division title will be disputed by just nine teams when the season begins on Saturday. Vacallo were already in severe financial trouble last season. But on the court they were luckier, winning the Swiss cup in 1999 and 2000, thanks to stars like Lee Matthews and Pete Lisicky. However, they…

Swiss post rated among the best in Europe

This content was published on Oct 5, 2000 The Unipost External Monitoring study (UNEX), released on Thursday, says that 95,7 per cent of letters sent from Switzerland to other European countries reach their destination within three days. That is an improvement of 2.3 per cent over the last year. The Post’s performance was even better in Switzerland, with over 97 per cent of…

Novartis wins approval for diabetes treatment

This content was published on Oct 5, 2000 The Basel-based life sciences group said the approval was based on clinical data involving more than 4,000 patients, and is the first approval for Starlix in Europe. It is estimated that approximately a quarter of a million people suffer from type two diabetes in Switzerland. Starlix is one of the potential next generation of blockbuster…

Higher fuel costs lift prices at Swisscargo

This content was published on Oct 5, 2000 It said on Thursday that it would add $0.05 (SFr0.09) to each kilogramme of chargeable weight. Swisscargo started its own fuel cost index in May this year, which took May 1996 as the 100 level. The index has been above 150 points since August. Swisscargo said it would end the second fuel surcharge as soon…

Art brings out horror of Rwandan genocide

This content was published on Oct 5, 2000 His three photography-based installations are entitled “The Silence: the Rwanda Project 1994-2000.” They stem from Jaar’s experiences in Rwanda during the genocide of 1994 and on subsequent visits, when he recorded the testimonies of survivors and eyewitnesses. The exhibition was organised by Art for the World, a non-governmental organisation whose aim is to encourage dialogue,…

SIG announces partial sale of weapons division

This content was published on Oct 4, 2000 SIG, based at Neuhausen in canton Schaffhausen, said on Wednesday the deal was being backdated to January 1 of this year. It is selling off its sectors making guns, hunting weapons and parts for artillery weapons. SIG said it was still looking for buyers for the rest of its arms division. The firm, founded in…

Rising fuel costs boost inflation

This content was published on Oct 4, 2000 The September figure is a marked increase on the previous month. In August inflation was running at just 1.3 per cent. The upturn in prices in September was attributed almost entirely to the increase in oil and fuel costs over the past month. The Federal Statistics Office said the September figure would have been up…

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Slowing growth predicted for Swiss economy

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Development agency boss calls for more aid

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Lugano build up points, but also debts

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Vacallo expelled from basketball championship

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Swiss post rated among the best in Europe

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Novartis wins approval for diabetes treatment

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Higher fuel costs lift prices at Swisscargo

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Art brings out horror of Rwandan genocide

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SIG announces partial sale of weapons division

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Rising fuel costs boost inflation

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