Economists are downgrading their predictions for growth for this year and 2026.
The State Secretariat for Economic Affairs says a ‘general climate of uncertainty’ is limiting investment decisions. But it doesn’t believe there will be an escalation in the trade war.
It’s now predicting a growth rate of 1.4% this year – down point 1 percent and a similar fall for 2026 at 1.6%.
It also says it expects a significant slowdown in the United States, but a timid recovery in the EU.
Thousands of Swiss nationals stuck in middle east
Bern says it’s not able to repatriate thousands of Swiss citizens who are either resident in the middle east - or stranded as their flights have been cancelled.
Anti-war demonstrators in Geneva
Around a hundred people gathered in Geneva yesterday evening to protest the war in Iran.
Parmelin signs EU deal
Swiss President Guy Parmelin met European Commission President Ursula von der Leyen in Brussels yesterday to advance a new package of bilateral agreements between Switzerland and the EU.
Parliament moves closer to end murder loophole
Switzerland is moving closer to abolishing the 30 year statute of limitations for murder.
Water worker buried alive
A worker has died after being buried alive in canton Fribourg.
Petition for quiet cars on trains
A woman from Biel in canton Bern has launched an online petition calling for quiet carriages in second class on Swiss trains.
