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Category: Switzerland

Category:
  • Climate
  • Switzerland

Study: Heat wave led to unprecedented melt of Swiss glaciers

 Switzerland’s glaciers are melting like never before, an academic study released Wednesday found, with their ice volume declining by 6% this year amid rising concerns about global warming and a Continue Reading

Posted On : 29 Sep 2022 Published By : Tom Whipple
Category:
  • Finland
  • Switzerland

Europe tries to shore up power firms with billions more

Finland and Switzerland provided billions in financial support to power companies on Tuesday, as Europe scrambles to secure energy supplies in a deepening crisis sparked by Russia’s move to shut Continue Reading

Posted On : 6 Sep 2022 Published By : Tom Whipple
Category:
  • Switzerland

Switzerland to launch talks on use of reserve power stations

Switzerland is to launch negotiations on the use of reserve power plants, the government said on Wednesday, as part of plans to bolster energy security for the coming winter. The Continue Reading

Posted On : 17 Aug 2022 Published By : Tom Whipple
Category:
  • Switzerland

No guarantees Swiss will always have enough gas, minister says

 Swiss businesses would be first to have energy rationed in the event of supply shortages, Energy Minister Simonetta Sommaruga told the SonntagsZeitung, warning that the government cannot guarantee there will Continue Reading

Posted On : 4 Jul 2022 Published By : Tom Whipple
Category:
  • Switzerland

Swiss Inflation Hits 29-Year High on Ukraine War, Supply Chains

Swiss inflation hit 3.4% in June. Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast . Inflation in Switzerland accelerated to the fastest Continue Reading

Posted On : 4 Jul 2022 Published By : Tom Whipple
Category:
  • Switzerland

Swiss preparing for possible ‘severe’ electricity and gas shortages

The Swiss government is setting up a gas sector crisis intervention group and a monitoring system for early detection of an impending electricity shortage, it said on Wednesday, as it Continue Reading

Posted On : 5 May 2022 Published By : Tom Whipple
Category:
  • Russia
  • Switzerland

Swiss Pledge No New Business For Russians Sanctioned by EU

Switzerland said it won’t allow the European Union ’s sanctions against Russia to be circumvented locally by prohibiting targeted Russian individuals or companies from opening new accounts with Swiss banks. Continue Reading

Posted On : 26 Feb 2022 Published By : Tom Whipple
Category:
  • Climate
  • Switzerland

Swiss narrowly reject tax hike to fight climate change

Exit polls on Sunday indicated that Swiss voters appear to have narrowly rejected a proposed “carbon dioxide law” that would have hiked fees and taxes on fuels that produce greenhouse Continue Reading

Posted On : 14 Jun 2021 Published By : Tom Whipple
Category:
  • Switzerland

UBS tightens lending criteria to coal, Arctic drilling, oil sands

Swiss lender UBS (UBSG.S) said it has tightened its financing criteria for those involved in coal-fired power generation and mining, Arctic oil and tar sands, and would lay out a Continue Reading

Posted On : 23 Apr 2021 Published By : Tom Whipple
Category:
  • Switzerland

Oil Trading Is Bigger Contributor To Switzerland’s GDP Than Tourism

Oil and other commodity trading have a much larger share in the gross domestic product (GDP) of Switzerland than its tourism sector, according to data from the Swiss State Secretariat Continue Reading

Posted On : 9 Mar 2021 Published By : Tom Whipple

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