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.
Heat to stay for now
The heatwave alert has been extended until Thursday, with temperatures set to climb as high as 37 degrees in some areas.
Growing anger over World Cup red card
The Swiss team's manager, Murat Yakin has called Breel Embolo's red card 'unacceptable', as anger builds over the refereeing of Switzerland's World Cup quarter-final loss to Argentina.
Fire damages trees in the Jardin Anglais
A fire tore through part of Geneva's Jardin Anglais on Saturday morning, gutting several trees and damaging a lakeside building used by the Mouettes ferry service.
Cows sweltering in the heat
The heat is now hitting the country's dairy herds, with cows producing less milk as they burn extra energy to stay cool.
Lake Geneva nudists fight for their lake section
A hidden stretch of Lake Geneva shoreline has become the focus of a long-running battle over public nudity.
Holiday makers seek more than the sun
Nearly half of Swiss holidaymakers are choosing to learn a new skill on their summer break rather than simply lie on a beach.
