Switzerland

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Union Bancaire Privée's semi-annual profit soars to 183 million, up 40%

The Swiss bank Union Bancaire Privée (UBP) has closed the first half of 2026 with a net profit of 169.4 million Swiss francs (183 million euros), representing an increase of 40.4% compared to the same period of the previous year, as communicated by the entity itself.The assets under management of...

5 minutos
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Switzerland and United Kingdom close a new free trade agreement focused on services

The President of the Swiss Confederation, Guy Parmelin, and the United Kingdom's Secretary of State for Business and Trade, Peter Kyle, announced this Monday that they have finalized negotiations for an updated Free Trade Agreement (FTA) between the two largest European economies located outside the EU, with the aim of...

5 minutos
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The IMF backs Switzerland's plan to tighten the capital required of its banks

The International Monetary Fund (IMF) has expressed its support for the reform of capital rules that the Government of Switzerland wants to apply to the country's financial institutions and has incorporated additional suggestions to strengthen the regulatory framework.In its report on Switzerland's economic outlook, the organization stated that "The proposal...

5 minutos
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Switzerland plans to raise VAT to cover the increase in military spending

The Swiss Federal Council has presented an initiative to apply a temporary half-percentage point increase in the general VAT rate, which would thus rise to 8.6%, with the aim of allocating all additional revenue to strengthening the defense budget."The additional revenue will be entirely allocated to defense spending," the Swiss...

5 minutos
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Expansion | Meeting in Switzerland between US and Iran delegations postponed

The meeting scheduled for this Friday in Switzerland between the US and Iranian teams for the implementation of the memorandum of understanding has been "postponed," as confirmed by the Swiss Foreign Ministry, after Pakistan, which is mediating the process, announced the cancellation of the meeting."The initial negotiations on the implementation...

5 minutos
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Tens of thousands take to the streets in Geneva against the G7 summit

Some 25,000 people have gathered this Sunday in Geneva, the main city in Switzerland, to protest against the G7 summit, the group of the seven most industrialized countries, which is taking place this week in Évian, on French territory. The mobilization, which for the most part has proceeded peacefully, has...

5 minutos
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Switzerland votes on limiting its population to 10 million inhabitants by 2050

The Swiss vote this Sunday on whether to limit the country's population to a maximum of 10 million inhabitants by the year 2050. The consultation has been promoted by the Swiss People's Party, a right-wing party, which presents the proposal as a "sustainability initiative" to alleviate demographic pressure on the country. Its detractors, on the other hand, consider...

5 minutos

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