Switzerland

Switzerland: Inflation at a three-decade high at 3.5%

Switzerland: Inflation at a three-decade high at 3.5%

Inflation also accelerated in Switzerland in August, under the burden of rising energy costs worldwide caused by Russia's invasion of…

Switzerland: Group of politicians starts collecting signatures to keep nuclear power

A group of Swiss politicians has formed 'Stop Blackouts' which will begin collecting signatures for a petition to review the…

Although very rich, Switzerland fears power shortages this winter

Although very rich, Switzerland fears power shortages this winter if French nuclear reactors remain out of service and if Berlin,…

Switzerland introduces voluntary 15% gas savings target

Switzerland has set a voluntary 15% gas savings target for the winter as Europe faces potential gas shortages as a…

Switzerland: Water levels in four large lakes are at their lowest levels for the month of August

Water levels in four of Switzerland's major lakes are at their lowest for the month of August, after a year…

Russia: Switzerland is no longer neutral, it cannot act as an intermediary with Ukraine

Russia said today it rejected a Swiss offer to represent Ukraine's interests in Russia and Moscow's interests in Ukraine because…

Switzerland: At a two-year low indicator-barometer for the economy

Switzerland's KOF economic barometer's index of future conditions fell to its lowest level in two years in July, data showed,…

Russian gold imports from Switzerland decreased in May

Switzerland imported 284 kilograms of gold from Russia in June, according to customs data, down from more than three tonnes…

Switzerland plans to raise interest rates by at least 0.5% in September

Switzerland's central bank plans to raise interest rates by 50 or even 75 basis points at its next monetary policy…

Switzerland: Billionaire and philanthropist Lili Safra has died

Billionaire Lily Safra, widow of banker Edmond Safra, died Saturday at the age of 87, the Edmond J. Foundation announced.…