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Cost of oil, sugar, butter up nearly 20% in Switzerland

Fancy an omelet? Only if you can afford it. The cost of Swiss food staples are skyrocketing in 2023, a new report reveals.

High winds cause Swiss trains to derail

Fifteen people were injured over the weekend when two Swiss trains derailed during a storm.

DOJ: Credit Suisse helped rich Americans hide money

Another day, another complication to the UBS takeover of failing Credit Suisse. This time, the U.

Security Commission:Swiss tanks may go to Germany

In a historical vote, Switzerland will allow decommissioned tanks to be re-sold to Germany who will then send tanks onto Ukraine.

DOJ: Swiss banks may have helped Russians avoid sanctions

The U.S. Department of Justice is investigating whether Swiss banks helped Russian oligarchs evade sanctions.

Zurich will trial a 35-hour workweek

Zurich city employees will be evaluated on how productively they function on a 35-hour workweek.

SNB comes to Credit Suisse’s rescue

Not all heroes wear capes or offer to lend CHF50 billion. SNB will help Credit Suisse get out of its debt-lined hole and hopefully, stabilize global financial uncertainty.

Should Swiss-German be taught in Swiss-French schools?

A Swiss lawyer is calling on the canton of Vaud to have Swiss-German taught in local schoolS.

Berset: Swiss weapons will not go to war

Swiss President Alain Berset this week said the country will stop short of breaking its War Materials Act to support Ukraine.

Credit Suisse unable to reverse outflow, stock prices collapse

How low can the Swiss bank’s stocks go? Credit Suisse releases its annual report amidst historically low stock prices and rampant cash outflows.

Charity: Swiss support of Ukrainian refugees fading

Swiss residents are tired of sharing their homes with Ukrainian refugees – a sign that overall public support may be waning one year into the Russo-Ukrainian conflict.

Is China sanctioning Switzerland?

Rich Chinese clients say they might pull their wealth out of Swiss banks – citing sanctions against Russia as cause for concern.

Swiss fragrance companies raided on suspicions of a ‘perfume cartel’

Investigators raided Swiss fragrance companies this week looking for evidence to support their suspicions that a few companies have colluded and created a price cartel.

Biggest Credit Suisse shareholder exits bank

Credit Suisse’s biggest shareholder this week sold its stake in the Swiss bank.

The problem with the 31-hour Swiss workweek

The industrious Swiss used to ‘smile at’ how the relaxed French worked only 35 hours per week…but new data shows that the average Swiss worker only puts in about 31 hours per week.

Switzerland may release ‘mothballed’ tanks to Germany

Germany may finally get its hands on Swiss-made tanks after months of imploring, but the deal comes with strings attached.

Swiss bankers charged with helping to hide Putin’s money

Prosecutors say a Swiss bank knowingly allowed Putin’s ‘best friend’ to open millions of Swiss francs’ worth of accounts, without conducting due diligence into whether the money belongs to him or the leader of Russia.

Switzerland may send 140M to Ukraine

24 February 2023

Today marks one year since Russia invaded Ukraine and changed the future of Europe.

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