One euro for one franc – this is how our currency will continue
The Ukraine war has accelerated the appreciation of the franc. The Swiss franc is now almost as valuable as the…
Bankers' Association kicks out Gazprombank and Sberbank
The board of directors of Swiss bankers votes to exclude the only Russian banks in the association. You may no…
That's why Russian oligarchs prefer to store their money in Switzerland
For years, parts of the local financial center courted wealthy Russian individuals. The case of a friend of Putin with…
No more A Mail every day? – This is how Swiss Post defends itself against the downsizing plans
There should be no clearcutting of the Post Public Service. The Post wants to stick to it despite the threat…
The world and Switzerland are tapping into their crude oil reserves because of price increases
With Russia, an important source for the western market has dried up. For the time being, nothing is likely to…
A franc is now worth almost the same as a euro
The war in Ukraine is badly affecting the euro. Safe currencies such as the Swiss franc and the US dollar…
The war in Ukraine is endangering global nutrition
Ukraine and Russia provide a quarter of global wheat exports. The war jeopardizes the global food supply and could lead…
The city of Lugano is making cryptocurrencies a means of payment
In the largest city in Ticino, it should be possible in the future to pay for everything with cryptocurrencies, from…
Garages cheat on new cars and sell old cars as new
According to «Saldo», car garages often advertise vehicles as new, even though they were produced more than twelve months ago.…
Ikea stops business in Russia and Belarus – 15,000 employees affected
Ikea is temporarily ceasing its operations in Belarus and Russia. 15,000 employees are affected. VW is also reacting. In response…