The UN agency for Palestinian refugees is facing the worst crisis in its history. Under political pressure, financially weakened and increasingly sidelined in Gaza, UNRWA’s future looks more and more uncertain.
Kyiv cracks down on tax evasion by Ukrainian oligarchs via Swiss banks
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Ukrainian company directors are funneling their dividends to shell companies in Cyprus that move the money to Swiss banks.
ILO: Middle East crisis could cost 14 million jobs
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The crisis in the Middle East could cost 14 million full-time equivalent jobs this year if the price of a barrel of oil exceeds the average for the start of the year by 50%.
No recession in Switzerland despite oil crisis, says study
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Unlike during the 1973 oil crisis, Switzerland is not threatened by a recession despite rising energy prices and the tense situation in the Middle East.
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SWISS posts a strong first quarter, with higher revenues and profits driven by surging demand linked to the Middle East conflict, especially on Asian routes.
Bern sticks with Swiss‑US trade talks despite court ruling on tariffs
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The conclusion of a trade agreement between Switzerland and the United States remains the Federal Council’s top priority, regardless of Thursday’s US court ruling that President Trump’s tariffs are illegal.
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US President Donald Trump has once again publicly criticised Switzerland. Switzerland and the US are currently negotiating a trade agreement.
US expected to impose 100% tariffs on certain drugs: report
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The United States is preparing to impose 100% tariffs on certain drugs of pharma companies that haven’t reached an agreement with the White House, the Financial Times reports.
Switzerland to extend US trade talks beyond March deadline, says Parmelin
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Switzerland will continue negotiating a trade agreement with the US beyond the planned March 31 deadline, Swiss President Guy Parmelin said on Saturday.
Swiss government says new US tariffs will replace old ones
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The new US tariffs do not come on top of the existing measures applicable to each country, the Swiss government said on Wednesday.
‘We’ll have to live with US tariffs,’ warns SECO head
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The Swiss State Secretariat for Economic Affairs (SECO) is calling for patience after the US Supreme Court ruled that some of the US tariffs were illegal.
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Donald Trump’s decision to impose a 15% global tariff is not fundamentally affecting Swiss exporters, say some analysts. Others believe companies are still in limbo.
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As global trade rules fray, countries are scrambling to shore up export markets and diversify partners. For Switzerland, this could come with an added complication: the ballot box.
