A groundbreaking feat of engineering has arrived in Switzerland’s Bernese Alps with the opening of the world’s steepest cable car. Connecting the picturesque village of Stechelberg on the valley floor to the alpine village of Murren, this marvel boasts a staggering gradient of 159.4%. The cable car covers an impressive vertical climb of 775 meters … Read more
Last Updated:December 14, 2024, 12:37 IST The Swiss government has suspended the most favoured nation (MFN) status clause in the Double Taxation Avoidance Agreement between India and Switzerland, potentially impacting Swiss investments in India and leading to higher taxes on Indian companies operating in the European nation. The suspension of the MFN clause is a … Read more
Japanese companies have joined forces to bring Japan’s ekiben – bento box meals sold at railway stations – to the world, with Switzerland their first stop. A consortium formed by bento box specialists Hanazen, Maneki Foods and Matsuura Shoten will launch six different packaged meals at Zurich Central Station for three weeks in February 2025. … Read more
A view of the headquarters of the Swiss National Bank (SNB), before a press conference in Zurich, Switzerland, March 21, 2024. Denis Balibouse | Reuters The Swiss National Bank on Thursday cut its key interest rate by 50 basis points, exceeding expectations of a smaller trim amid an ongoing tussle with depressed inflation and a … Read more
A panel of speakers on Monday, reflecting on Nigeria’s development, called for the mobilisation of Nigerians beyond identity lines. The panelists, who looked at the country’s development through the lens of gender, conflict and democracy, noted that unity of identity would herald the country in the right direction. They spoke at a symposium organised to … Read more
A pedestrian walks by the entrance to Lombard Odier in Geneva, Switzerland. Bloomberg | Bloomberg | Getty Images Lombard Odier — one of Switzerland’s oldest private banks — was indicted by Swiss prosecutors for “aggravated money laundering.” In a release on Friday, the Office of the Attorney General of Switzerland (OAG) said it filed an … Read more
“If you succeed and escape, you arrive in neighboring countries. But then you have to make the tough passage to Europe through mountains and smuggling routes — that’s very dangerous and very difficult. Women are more vulnerable, so they rarely travel on foot. The majority of Afghans who come to the EU are men,” he … Read more
In October, ETH Zurich, Switzerland’s top technical university, tightened its admissions criteria for masters and PhD programs in certain science and technology fields. It justified the move as complying with Swiss laws to counter international espionage. Though the ETH is financed by the Swiss state, the university is free to determine how it complies with … Read more
Moving abroad always seems enticing, I mean who doesn’t want a change of scenery and a shot at an adventure? But the sheer thought of packing your life away and spending all of that money is enough to put most of us off. Unless – you were paid to move? Well, there are many countries … Read more
In the telephone call on Friday, Scholz exhorted Putin to “end” his war on Ukraine and to “withdraw troops.” The conversation lasted for about an hour and was the first direct exchange between the two leaders in nearly two years, German media reported. “The Federal Chancellor urged Russia to be prepared to negotiate with Ukraine with the aim … Read more
