Swiss Info
Mon, 22 Mar 2021 17:14:00 GMTBerlin hires Swiss Finma chief to head Germany's finance watchdog
Mark Branson, the head of the Swiss Financial Market Supervisory Authority (Finma), is due to become president of the German finance regulator BaFin. On Monday Finma issued a statement confirming earlier news reports that Branson, 52, who has led Fi...
Mon, 22 Mar 2021 16:07:00 GMTJohnson & Johnson Covid vaccine approved for use in Switzerland
Health regulator Swissmedic has given the green light for the use of the vaccine produced by Johnson & Johnson (J&J). This is the third vaccine to be approved in Switzerland. However, Switzerland has not yet ordered any doses of J&J's one-shot vaccin...
Mon, 22 Mar 2021 14:20:00 GMTChina lashes out at Swiss foreign policy strategy
China’s ambassador to Switzerland has strongly rejected Swiss criticism of the human rights situation in the Asian country. Wang Shihting said the Swiss government’s first ever China foreign policy strategy, which was unveiled last week, was sen...
Mon, 22 Mar 2021 10:56:00 GMTSNB forex interventions rise to CHF110bn in 2020
The Swiss National Bank (SNB) spent CHF110 billion ($118 billion) on the foreign currency markets last year as it battled to apply the brakes on the franc’s rising value during the pandemic. The level of interventions was up from CHF13.2 billion i...
Mon, 22 Mar 2021 10:19:00 GMTBurglaries hit record low in 2020 but violent crime rose
The total number of reported criminal offences in Switzerland in 2020 was down slightly compared with the previous year, national statistics show. But the police were kept busy ensuring the population respected government Covid-19 restrictions. Burg...
Sun, 21 Mar 2021 16:46:06 GMTSwiss commission warns of growing anti-Semitism
The Federal Commission against Racism (FCR) has issued an appeal against hate speech, which it says is on the rise during the Covid-19 pandemic, including in Switzerland. In a statement on Sunday marking International Day for the Elimination of Raci...
Sun, 21 Mar 2021 14:40:35 GMTSwiss to get tougher on China human rights, says minister
Swiss foreign minister Ignazio Cassis has criticised China over Hong Kong and minority rights but says the country must be treated with respect. Commenting on Switzerland’s new China strategy unveiled on Friday, Cassis told the NZZ am Sonntag news...
Sun, 21 Mar 2021 12:08:14 GMTGovernment anti-Covid strategy under pressure
Swiss health minister Alain Berset has said he wants weekly Covid-19 testing for 40% of the population as soon as possible, but cantons and businesses are dragging their feet, according to the Sonntagszeitung newspaper. Cantons such as Vaud, Valais,...
Sat, 20 Mar 2021 17:17:08 GMTCartoonist lightshow brightens up Geneva nights
People in Geneva can now enjoy free night-time projections of 54 works by French cartoonist Sempé around the city’s Parc des Bastions. This is the first time that the French cartoonist’s drawings have been shown in such a monumental way, accord...
Sat, 20 Mar 2021 15:09:37 GMTThousands demonstrate against Covid-19 restrictions
Thousands of people have protested in the north-western Swiss town of Liestal against restrictions introduced to curb the Covid-19 pandemic. Nearly 8,000 took part in the silent protest, according to journalists’ estimates. They had received polic...
Sat, 20 Mar 2021 13:12:09 GMTSwiss do well in world ‘happiness’ chart
A UN-sponsored report has named Switzerland the third happiest country in the world for the second year running. This year’s report also looked at the effects of Covid-19 on people’s wellbeing. Switzerland comes in behind Finland and Denmark, ac...
Sat, 20 Mar 2021 11:01:12 GMTHopes of easing Covid-19 rules were raised too soon, says press
Government caution on easing Covid-19 restrictions is coherent with the current situation, Swiss newspapers said on Saturday. But they also point to errors in government communication. This comes after the federal government said on Friday it was po...
Fri, 19 Mar 2021 13:41:00 GMTSwitzerland unveils its first China strategy
The Swiss government says its first ever China foreign policy strategy is intended to create “greater coherence" in its relations with Beijing, even if there are “clear differences in values between the two countries”. The move comes at a time...
Fri, 19 Mar 2021 13:38:00 GMTClimate activists protest across Switzerland
Police cleared climate activists demonstrating in Bern and Zurich on Friday. Demonstrators gathered in 15 cities across the Alpine country calling for a more ambitious national climate strategy. Groups of protestors carried out a sit-in on Waisenhau...
Fri, 19 Mar 2021 11:07:00 GMTSwiss ‘too big to fail’ banks pose little risk to the economy
Three of Switzerland’s “too big to fail” banks no longer threaten to cause a seismic shift in the economy should they collapse, says the financial regulator. Zurich Cantonal Bank, PostFinance and the Raiffeisen banking group are now deemed to ...
Fri, 19 Mar 2021 10:56:00 GMTCovid-19: vaccine rollout starts to bear fruit among Swiss seniors
Switzerland’s coronavirus vaccination campaign is starting to show its first effects, data shows. Although overall new infections have started to rise, among seniors - who are being vaccinated first - cases and hospitalisations are falling. The Sw...
Fri, 19 Mar 2021 08:47:00 GMTUS charges Swiss hacker for data theft and leaks
The United States Justice Department has charged a Swiss hacker with computer intrusion and identity theft, a week after a house raid by the Swiss police. Till Kottmann, 21, has taken credit for helping to break into a US security-camera company’s...
Thu, 18 Mar 2021 13:04:00 GMTSnow cover in the Alps declining, new study shows
Up to a month’s worth of snow has been lost at low and medium altitudes for the last 50 years, according to the first global analysis of snow trends across the mountain range. Between 1971 and 2019, the winter snow season shrunk by an average of 2...
Thu, 18 Mar 2021 12:54:00 GMTParliament approves multi-billion Swiss Covid aid package
Companies and individuals affected by the Covid-19 pandemic will be able to benefit from additional financial support of about CHF12 billion ($13 billion). On Thursday, both the House of Representatives and the Senate signed off on funds for emergen...
Thu, 18 Mar 2021 09:24:00 GMTData on AstraZeneca vaccine insufficient for Swiss approval
The medicines regulator Swissmedic says it has not yet received enough robust data from clinical trials to give the green light to the Covid-19 vaccine developed by the Swedish-British company. While the supervisory authority saw conclusive results ...
Wed, 17 Mar 2021 14:20:00 GMTSwiss government under attack for Covid policy
Parliament has criticised the Swiss government’s Covid-19 policy, notably the restrictions for businesses and citizens. The main political groups in the House of Representatives aired their grievances during a special debate on Wednesday. The rig...
Wed, 17 Mar 2021 11:17:42 GMTSwiss refiner comes up with method to verify gold’s origin
Metalor, one of the world’s biggest gold refiners, has developed a way to quickly confirm where gold had been mined, potentially stopping illegal gold from entering supply chains. The Swiss-based company announced that it has devised the method w...
Wed, 17 Mar 2021 11:02:00 GMTBitcoin Suisse bank license bid hits regulatory roadblock
Cryptocurrency firm Bitcoin Suisse has withdrawn its application for a banking license, in part because it failed to meet the anti-money laundering requirements of the Swiss financial regulator. “The application process has shown the need for furt...
Tue, 16 Mar 2021 16:39:00 GMTClimate report sounds water alarm in Switzerland
At certain times and in certain regions, water will become so scarce or so warm in Switzerland that humans will have to curb their activities and nature will suffer, according to a government study. On the other hand, more rain will lead to more loca...
Tue, 16 Mar 2021 16:08:00 GMTAge no barrier to ant career advancement
The division of labour in ant colonies has little to do with age but is apparently determined by random factors, scientists believe. Female ants either take care of the queen and larvae inside the nest or venture out in search of food. Researchers a...
Tue, 16 Mar 2021 11:15:52 GMTSwiss saved much less money in second lockdown
Swiss households saved an average of CHF880 ($950) in the second lockdown, compared with around CHF3,000 in the first lockdown in spring 2020. “The forced pause in consumption with closed restaurants and shops led the average household to put asid...
Tue, 16 Mar 2021 10:23:00 GMTArt collectors move online as pandemic shuts down fairs
Global sales of art and antiques fell by more than a fifth during 2020 to $50.1 billion (CHF46.5 billion). With the cancellation of many art shows, online sales doubled to $12.4 billion, making up a quarter of all sales, according to a report from Sw...
Tue, 16 Mar 2021 08:01:00 GMTGlencore completes changing of the guard
Glencore’s top coal trader is to depart, completing a change of the old guard at the top of world’s most powerful commodity trader. Tor Peterson will leave the Swiss-based company later this year along with two of the candidates who lost out in ...
Mon, 15 Mar 2021 17:35:05 GMTNew Lonza site can now make Covid-19 vaccine ingredient
Swissmedic, the Swiss Agency for Therapeutic Products, has approved pharmaceutical company Lonza’s new site for making Moderna’s Covid-19 active substance. It issued the licence following a successful inspection of the production plant in Visp i...
Mon, 15 Mar 2021 16:43:09 GMTSwiss focus on equal pay and gender equality in New York
At this year’s session of the UN Commission on the Status of Women (CSW), Switzerland is focusing on equal pay, women’s economic independence, sexual and reproductive health rights, and the fight against discrimination and violence. The main foc...