Sun, Apr 28th 2024
The Sust investigative body is overloaded and the trade association is showing moderation: this and more can be found in the Sunday newspapers. The headlines in unverified reports:
Increasingly dangerous situations in air traffic have brought the investigative body to its knees. The Swiss Transportation Safety Investigation Board (Sust) recently cleared up 4% of incidents involving aircraft, as “SonntagsBlick” wrote.
In order to reduce the workload of employees and make faster progress, Sust has, according to its own information, been increasingly relying on less detailed investigations for some time. The investigations often take twice as long as planned. The legal deadline is one to one and a half years. Last year, Sust received 1800 incidents and accidents. In 2015, the figure was 1260, according to Sust.
The Swiss arms manufacturer Ruag is said to have terminated its cooperation with an alleged murderer of the Chilean Pinochet regime at the end of March. The human rights organisation Human Rights Watch accused him of sentencing political opponents as a member of secret war tribunals, as “SonntagsBlick” wrote.
Opposition members of the former Chilean dictator Augusto Pinochet accused the henchman of being responsible for the deaths of several people. Ruag carried out a background check in 2022 due to negative media reports. This revealed “no legal disputes or confirmed violations of the law”, Ruag announced. The armaments company apparently did not extend the contract for repetitional reasons, the newspaper wrote.
In a survey, the majority of principals have spoken out against selection on transfer to secondary school. 68% of the principals surveyed also want to do without report marks in elementary school, as the “NZZ am Sonntag” wrote based on the principal monitor. Around a thousand principals took part in the survey. The principals’ association would also like to abolish long-term grammar schools.
The world’s richest hedge fund manager have filed a lawsuit in the USA against the former head of CS and UBS. David Tepper’s accusation is based on false statements made by the two former managers of Credit Suisse (CS), Axel Lehmann and Ulrich Körner, the SonntagsZeitung wrote.
Central to this was UBS’s write-down of CHF 16 billion on AT1 bonds. This meant massive financial losses for Tepper’s fund. The documented misinformation puts Lehmann and Körner under great pressure to justify themselves. Everything that was criticised was publicly documented.
Migros does not want to sell its loss-making German subsidiary Tegut. Since the coronavirus pandemic, the 300 store chain has been in the red, as the NZZ am Sonntag wrote. At the beginning of the week, Migros Zurich presented a loss of almost CHF 40 million for 2023. The Migros Cooperative Zurich manages the German subsidiary directly. The retailer does not expect Tegut’s results to recover until after 2024, according to a Migros spokesperson. However, a sale is not under discussion.
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