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Unlike most European countries, Switzerland doesn’t have a national minimum wage. But several cantons have gone against this trend with Fribourg the latest to move towards it.

Wages

Switzerland

Switzerland Economy

The Local - Ch

Where in Switzerland has the highest minimum wage?

By  Reggie Cole – This article explores the concept of Africa’s hidden power and how the continent’s natural resources, if withheld, could destabilize the global economy. Drawing on two articles by Reggie Cole, we delve into how Sierra Leone and other African nations have been systematically exploited, with wealth siphoned off to countries like Switzerland while their populations remain impoverished.  We examine the potential impact of a six-mon…

Corruption

Economy

cocorioko.net

Swiss National Bank

Inflation

Singapore

Singapore Economy

Channel News Asia

Financial Chickens

Big central banks are firmly in rate-cut mode

The circular economy is intended to secure the raw materials for the energy transition. But world trade is not prepared for this.

Schweizer Radio und Fernsehen (SRF)

How important the recycling of raw materials would be for world trade

The specter of inflation that is too low is back. This is what concerns the European Central Bank – and the Swiss National Bank.

Interest Rates

Luzerner Zeitung

Interest rates: Will they soon be negative? This is what the Swiss National Bank says

ABB’s new CEO says electrification and data center growth are ‘really driving’ the business  
The new CEO of Swiss engineering group ABB said on Thursday that fast-growing data centers and the electrification of everything are “really driving” the business.  His comments come in groups reported A mixed set of quarterly results. ABB reported an operating underlying profit of $1.55 billion in the third quarter, a 19% increase in operating EBITA (e…

Stock Markets

European Central Bank

hantsjournal.ca

Stocks, news and ECB rate decision

Under pressure from outside, the Federal Council had wages analyzed. Logistics workers and laboratory technicians, for example, are doing well at the federal level, while management staff are less so. Now "savings" are being made, but the staff associations are threatening resistance.

Federal Council

Zürich, Switzerland

Zürich

Neue Zürcher Zeitung

Wage comparison: Do federal employees earn too much?

In the stock market blog "Money," expert François Bloch profiles a dazzling or a faltering stock every day. Today: Packaging Corporation of America.

Money

Money Blog: Packaging Corporation of America with Power

Le Temps

watson.ch/

rts.ch

A striking UN Development Program report published Thursday revealed that more than one billion people worldwide are living in acute poverty. It also found that children account for more than half of those affected, and that poverty rates are three times higher in countries at war.  

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UN report says 1.1 billion people live in acute poverty worldwide

Goldman Sachs topped estimates for third-quarter profit and revenue on strong results from its stock trading and investment banking operations.

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David Solomon

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Goldman Sachs beats on profit and revenue as stock trading and investment banking boost results

Nestle’s new CEO lowered sales growth expectations for 2024 and announced a leadership reshuffle on Thursday in what one analyst described as a “painful reset” for the global food giant. Chief executive Laurent Freixe took over from Mark Schneider on September 1 in a surprise change at the top of the Swiss group, whose brands

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