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Tag: Switzerland

Credit Suisse Merges With Rival UBS in Takeover Deal 

Tristan Vanheuckelom March 20, 2023

The €3.03 billion sale is intended to stave off a breakdown in confidence—following recent bank collapses in the U.S.—from spilling over.

Credit Suisse Given $54 Billion Lifeline

Robert Semonsen March 17, 2023

Credit Suisse is the first global systemically crucial financial institution since the financial crisis of 2008 to receive a central bank lifeline.

EU Raids Perfume Firms

Thomas O'Reilly March 10, 2023

The evaluation is another test of the EU’s controversial antitrust legislation, which has previously been used for Big Tech regulation. This new probe affects a total of four Swiss-based companies.

Swiss President Alain Berset.

Swiss President Doubles Down on Weapons Ban

Tamás Orbán March 10, 2023

In contrast to Bern’s apparent reluctance to allow arms exports to Ukraine, a recent poll showed that half the country supported more flexible rules regarding neutrality.

Green Activists Criticize World Leaders in Davos

Sven R. Larson January 17, 2023

Protesters are concerned that the summit could turn into a “greenwashing exercise.”

Up to 5,000 Soldiers to be Deployed To Secure Upcoming WEF Meeting in Davos

Robert Semonsen January 11, 2023

Multiple protests against the WEF summit have been planned.

Switzerland Rejects Proposal for a Third Gender Option for Official Records

Robert Semonsen December 24, 2022

Switzerland’s rejection comes several years after neighboring countries like Austria and Germany began recognizing some form of third gender on official documents. 

Swiss Citizens Could Face Jail for ‘Overheating’ Their Homes

Robert Semonsen September 10, 2022

Heating one’s home and water to more than 19°C and 60°C, respectively, may result in daily fines of up to 3,000 Swiss Francs and prison sentences up to three years.

Ukrainian Oligarchs Come Under Increased Scrutiny as Europeans Suffer

Robert Semonsen August 19, 2022

Zelensky’s oligarch-friendly tax structure—along with wealthy Ukrainians receiving social welfare benefits abroad—have come under increased scrutiny across Europe.

Switzerland Renews its Support for Frontex

Hélène de Lauzun May 21, 2022

More than two-thirds of Swiss voters—72%—voted in favour of increasing their contribution to the agency. Their refusal would have had serious repercussions on the overall functioning of the institution.

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Issue 25, Winter 2023

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