Sunday, November 17, 2024
Published: Sunday, Nov 17th 2024, 06:50
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Politicians on the left and right want to save the Swiss steel industry, young generations are investing in crypto assets and more pilots are working part-time: this and more can be found in the Sunday papers. The headlines in unverified reports:
"NZZ am Sonntag":
STEEL: A non-partisan alliance between the SVP and SP wants to save the Swiss steel industry. SVP National Councillor Christian Imark and SP National Councillor Roger Nordmann are campaigning for the ailing Gerlafingen steelworks and Swiss Steel in order to safeguard jobs and the strategic importance of steel production in Switzerland. The Commission's proposal, which was submitted to the "NZZ am Sonntag", envisages reducing the high electricity costs through staggered grid usage discounts. This Monday, the Committee for the Environment and Energy (Urek) will debate the rescue plan. The Novelis aluminum plant in Valais is also to be included in the plan. Thanks to the broad political support, the package has a good chance of being adopted on Monday, the newspaper continued. This is despite the fact that state intervention for individual companies and sectors is actually frowned upon.
"SonntagsZeitung":
CRYPTOCURRENCY: In Switzerland, around 11 percent of the population have invested in crypto assets. This was reported by the SonntagsZeitung newspaper, citing a representative survey conducted by the Lucerne University of Applied Sciences and Arts on behalf of Postfinance. It also shows that six percent have already opted out again. It is mainly men and younger generations who invest in crypto. Two out of five Generation Y respondents (born between 1980 and 1995) own crypto, among Generation Z (1996 to 2010) it is 13 percent, while only four percent of baby boomers (1946 - 1964) are involved. According to study author Andreas Dietrich, only around one in seven people trade actively or with larger amounts. According to the survey, popular providers for crypto trading are Revolut, Swissquote and Binance. According to Dietrich, the growth potential is limited as interest among non-investors remains low. Despite prominent advertising by Stan Wawrinka and other international stars, skepticism towards crypto remains high, the survey continued.
"SonntagsZeitung":
FOOD: As part of its new pricing strategy, Migros wants to do away with different prices in individual stores. "It is important to us that our customers in all supermarkets in Zurich and Switzerland enjoy the same attractive prices," a spokesperson told the SonntagsZeitung newspaper. There were particularly high price differences for fresh produce, meat and fish. These products were more expensive in certain stores, particularly in the Zurich regional cooperative. Locations in Küsnacht, Zumikon, Thalwil and Zurich city branches were among those affected. A price comparison by the consumer newspaper "Saldo" revealed that the mark-up amounted to 7.5 percent on average. There were also more expensive stores in the Migros Cooperative in Basel, with a mark-up of around 10 percent according to Saldo.
"Le Matin Dimanche":
HIGHER EDUCATION: A climate of intimidation towards Jewish and Israeli students and employees prevails at the Swiss Federal Institute of Technology Lausanne (EPFL). This is the result of a letter signed by 80 people and quoted by "Le Matin Dimanche". The 30-page letter entitled "Potential extremism and tendentious teaching" was handed over to the EPFL management. It denounces the presence of aggressive students, activist professors who show solidarity with these machinations and lecturers who propagate a one-sided view of the Middle East conflict. "The so-called pro-Palestinian organizations currently operating on the EPFL campus are not pro-Palestinian, but rather anti-Israeli," the letter states. Kathryn Hess Bellwald, Deputy Vice President for Student Affairs at EPFL, was "receptive" to the position of the authors of the letter, "Le Matin Dimanche" continued.
"NZZ am Sonntag":
WORKING HOURS: 45 percent of pilots at Swiss now work part-time. Five years ago, this proportion was still around a third, as reported by the "NZZ am Sonntag". According to the report, many pilots hope to achieve a better work-life balance by working part-time. At Lufthansa, to which Swiss belongs, important Fridays can be planned on a binding basis. At Swiss, however, this is not possible. According to Thomas Steffen from the pilots' association Aeropers, there is therefore a simmering dispute between cockpit staff and management. Despite new agreements in the collective labor agreement (CLA), the duty roster has been provided late or without consideration of requests in several months. The cabin crew also criticize the lack of predictability, although Swiss emphasizes that the compatibility of work and private life is a central concern. However, the creation of duty rosters is a considerable challenge in a highly regulated environment.
"SonntagsBlick":
TRAIN TRANSPORT: The introduction of an assistance system on Südostbahn (SOB) regional trains has been delayed indefinitely. As an SOB spokeswoman told "SonntagsBlick", approval from the Federal Office of Transport (FOT) has not yet been granted because the safety case for commercial operation of the system has not yet been completed. The assistance system was intended to partially automate train operations on the route between Biberbrugg SZ and Arth-Goldau SZ from this fall, with the locomotive crew being able to control and switch off the technology. The aim was to gain experience with energy consumption and punctuality. The FOT emphasized in the newspaper that safety and the role of the locomotive crew must be clarified before approval is granted. The Association of Locomotive Drivers feared that if the system was introduced, train drivers would only be occupied with monitoring the system and ancillary work in the future, it continued.
"NZZ am Sonntag":
STALKING: Tidjane Thiam received numerous threatening emails in 2016. The "NZZ am Sonntag", which received the emails, decided not to print them due to the massive threats and insults. According to the newspaper, the sender of the hate messages was a former employee of the insurance company Prudential, who targeted Thiam on the internet with defamation in the form of fake profiles on dubious websites. Even the Swiss Financial Market Supervisory Authority (Finma) is said to have received a letter from the stalker stating that CS "now has a criminal boss". Finma then initiated various investigations. The man was assessed as having psychological problems. Thiam had the stalker monitored - as part of several security measures that Thiam initiated during his time at Credit Suisse (CS). These were later investigated as part of the so-called shadowing affair. The stalker died before the case came to court, it was reported.
"Le Matin Dimanche
More and more young people are discovering crochet for themselves. This was reported by "Le Matin Dimanche", which mentioned that posts on social media about crocheting and knitting received millions of views. According to Alex Hämmerli, spokesperson for Galaxus, Switzerland's largest online retailer, young people represent a rapidly growing group of buyers for knitting and sewing products. In 2023, 25 to 34-year-olds were the main buyers of these materials, he added. The trend was also confirmed this year, with almost 40% of buyers under the age of 34.
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