Switzerland News
-
AFGHANISTAN, 2017/09/09
Destinations worldwide welcomed 598 million international tourists in the initial six months of 2017, some 36 million additional than in the same period of 2016. At 6%, increase was well above the trend of recent years, making the current January-June period the strongest half-year since 2010.
Visitor numbers reported by destinations around the world reflect strong request for international travel in the initial half of 2017, according to the new UNWTO World Tourism Barometer. Worldwide, international tourist arrivals (overnight visitors) increased by 6% compared to the same six-month period last year, well above the sustained and consistent trend of 4% or higher increase since 2010. This represents the strongest half-year in seven years.
-
ALBANIA, 2017/08/27
The European gas market is becoming additional and additional competitive and US exports of liquefied natural gas (LNG) are part of this landscape, Francis Perrin, energy expert, chairman of Energy Strategies and Policies (France) told Trend.
“Energy is always a strategic business. Economic aspects are very significant of course, particularly the price of LNG, but nations as well take into account strategic issues. For some Central and Eastern European nations one of the key priorities of their energy policies is the diversification of their supplies, in particular gas imports, in order to reduce their dependence on Russia,” said the expert.
-
SWITZERLAND, 2017/08/22
Switzerland's money supply increase remained stable in July, the Swiss National Bank said Monday.
The broad monetary accumulation M3 grew 4 % year-on-year in July, the same rate as seen in June.
-
SWITZERLAND, 2017/07/15
The Swiss stock market ended Friday's session with a modest gain. Next a brief dip into negative territory in the morning, the market remained stuck in a range throughout the day.
The index heavyweights provided support to the in general market Friday. However, financial stocks were under pressure next a trio of major U.S. banks reported results.
-
ARMENIA, 2017/07/08
Despite trade sanctions, Crimea is maintaining connections to international markets. Crimean traders are performing some logistical gymnastics to skirt sanctions, in particular transiting goods through the Russian port of Novorossiysk.
On paper, of course, Crimea is experiencing a severe trade crisis. Official statistics indicate that Crimea’s import volume in 2016 shrank by a full third compared to the 2015 level, a drop of $33.6 million. Exports fell by $31.8 million, a 40-% decline from 2015. The city of Sevastopol, which is not formally part of the Republic of Crimea, reported a 12.6 % fall in its imports and 66.8 % fall in its exports in the same period, with volumes shrinking to $33.4 million and $5.9 million, respectively.
-
SWITZERLAND, 2017/07/08
Switzerland is strengthening the police presence on its southern border, anticipating a summer increase in migrants who want to reach Germany and northern Europe. In addition, the government has not ruled out making further payments to the European Union.
Summer is the holiday season. But for tens of thousands of people who leave their country because of conflicts or poverty, summer is the best time to travel to Europe. In the completed few days, additional than 12,000 people have arrived in Italy.
-
SWITZERLAND, 2017/03/08
he 5th edition of the AFRICA CEO FORUM will take place from 20 – 21 March in Geneva and will focus on how to succeed in this new economic cycle on the continent.
Having cemented its status as the foremost conference dedicated to the development of the African private sector, the AFRICA CEO FORUM 2017 will bring together additional than 1000 personalities, key decision makers in industry, finance and politics from the African continent and around the globe.
-
AFGHANISTAN, 2016/12/11
A university education may expand your mind. It will as well fatten your wallet. Data from the OECD, a club of rich nations, show that graduates can expect far better lifetime earnings than those without a degree.
The size of this premium varies. It is greatest in Ireland, which has a high GDP per chief and rising inequality. Since 2000 the unemployment rate for under-35s has swelled to 8% for those with degrees – but to additional than 20% for those without, and nearly 40% for secondary school drop-outs. The country’s wealth presently goes disproportionately to workers with letters next their names.
-
IRAN, 2016/09/23
Switzerland’s MECI Group International signed an agreement with Iran’s government to build a 750 million-euro ($839 million) wind farm, Bloomberg reported.
The project, located in the mountainous region in northern Iran, will have 270 megawatts installed capacity, according to a statement from the Swiss holding company. Turbine testing is by presently happening onsite, according to MECI Chairman Jeremiah Josey.
“Iran is at a very interesting point in history,” Josey said in a phone interview. “There is so much increase to be had. They can get through at least 20 years of technological catch-up in five years.”
-
SWITZERLAND, 2016/07/24
The Swiss stock market ended Friday's session with a slight increase. The market got off to a weak start Friday, but climbed into positive territory late in the morning and remainder there throughout the afternoon. The market has been moving sideways for the completed few sessions amidst a flurry of corporate financial reports.
Traders were in a cautious mood at the end of the trading week, ahead of the Bank of Japan and Federal Reserve policy meetings next week. Investors will as well be keeping an eye on the conference of the G20 in China over the weekend, where finance ministers will discuss the world economic situation.
