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Politics

UBS Chairman Colm Kelleher Talks Capital Requirements

Chairman Colm Kelleher voices strong concerns over proposed additional capital requirements for big banks, emphasising the strength of UBS's business model and capitalisation.

Swiss Voters Lean Towards Approval of Health and Energy Initiatives, Poll Shows

Early polling indicates Swiss voters are likely to approve initiatives on healthcare cost control and energy tax waivers, with significant support varying across demographic lines.

Former Federal Councillor Joseph Deiss: 1992 EEA Rejection Was a ‘Historic Mistake’

Former Federal Councillor Joseph Deiss argues for Switzerland's EU membership, criticising current measures.

Russian Assets Frozen In Switzerland Worth Less Now

Switzerland reports a significant decrease in the value of Russian assets frozen under sanctions, as valuations drop.

Michele Foletti’s Silent Re-election Today

Michele Foletti secures his position as the mayor of Lugano in a silent re-election, facing no opposition in the recent city administration polls.

Swiss National Bank Record Profits in Q1 2024: UBS Analysts Predict

Analysts predict a historic profit for the Swiss National Bank in the first quarter of 2024, surpassing past records due to favourable exchange rates and asset valuations.

Swiss National Bank: Reserve Ratios Needed Increases to 4%

Starting July 1, 2024, the Swiss National Bank will enforce stricter minimum reserve requirements, aiming to bolster monetary policy effectiveness.

Theologian Faces Inciting Homophobia Charges: Bellinzona Court Hears Case

A prominent theologian faces charges of discrimination and incitement to homophobia in Bellinzona.

Sunday, April 21st: The Weekly Roundup

A letter from President Viola Amherd to Moscow, top salaries for chief physicians in Swiss hospitals and the purity of mineral water in pet bottles: This and more can be found in the Sunday newspapers.

Uri Cantonal Government Race Heats Up: CVP Majority

In today’s second round of Uri cantonal elections, the Centrist CVP is on the brink of a major win, potentially gaining a majority by unseating either the FDP or SP members.

Alpine Snowfall Surges in Swiss Alps

Fresh snowfall transforms the northern slopes of the Alps. KEYSTONE/Jean-Christophe Bott Twenty to forty centimetres of fresh snow have fallen on the northern slopes of the Alps above around 1000 meters in the past twelve hours.

France Want Swiss Funds For A Power Plant: Rösti Hesitant

France suggests countries importing its nuclear power help fund new plants, but Switzerland prefers investing at home, says Energy Minister Albert Rösti.

Federal Council Receives Approval at IMF Meeting on Credit Suisse Crisis

The Federal Council's strategic approach to managing the Credit Suisse crisis earns recognition at the IMF's spring meeting.

Switzerland Deemed “Hostile” by Russian Foreign Minister Lavrov

Sergei Lavrov, Russia's Foreign Minister, has labeled Switzerland as "openly hostile," disqualifying it as a neutral ground for Ukraine conflict negotiations.

Swiss Franc Gains Value In The Face Of Global Uncertainty

Following reports of an Israeli attack on Iran, the Swiss Franc asserts its strength, climbing as investors seek stability amidst heightened geopolitical uncertainty.

Swiss Stock Market Shutters: Tension in the Middle East Rises

As tensions flare in the Middle East, the Swiss stock market closes the week with notable losses.

Switzerland Delays UN Vote on Palestine’s Full Membership

Switzerland aligns with the UK, abstaining from a crucial UN vote on Palestine's full membership, citing timing and peace process concerns.

Criminal Investigation in Ticino Continues: Norman Gobbi Cleared

The Ticino public prosecutor's office broadens its investigation following a serious traffic incident involving cantonal councillor Norman Gobbi.

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