The Swiss National Bank has cut interest rates once again. It’s down by another quarter of a percent at 1.25%.
Switzerland is the first major country to start on a rate cutting programme. The decision shows the bank is confident inflationary pressures are easing.
Analysts were largely expecting a hold decision from the bank this time.
For the past year, inflation has been between the zero and 2% band - which the bank considers to be acceptable.
Geneva will pay France a record amount from tax income
Geneva will pay a record amount to neighbouring France as part of its tax sharing deal.
The future of cash will be safe
The Federal Council is proposing a counter initiative aimed at making sure cash will always remain a medium of exchange in the country.
Help for homeless pets
An association is helping an overlooked section of our society – the animal companions of the homeless.
Fribourg village taken over by canton
A commune in canton Fribourg has been taken over by the canton as a battle between the legislature and the executive means it has been unable to agree a budget for two years.
Lifespan labelling proposed
The government says it would like to see electrical products labelled in such a way that consumers will be able to judge lifespan and ease of repair.
Storms cause flooding and road closures
A series of violent storms hit western Switzerland last night and caused local flooding and even leading to the closure of the Geneva controlled airspace last night.
