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Switzerland One Cat Per Family Proposal Gets Claws Out

Zurich-based group Zürcher Tierschutz launched a campaign earlier this year to set a quota for the country’s cats, deeming them a threat to other wildlife, including small mammals, reptiles and birds. However, since the campaign began, cat lovers have been pawsitively up in arms about it. The group estimates there to be 1.4 million cats […]

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Geopolitics

Survey Shows Young Europeans Losing Sleep Over Crisis Anxiety

DIE WELT (Germany) Worldcrunch A Europe-wide study produced by the GfK research group for Swiss insurance company Zurich Versicherung has found that worry, stress and anxiety about the future affect young Europeans to such an extent that many of them can’t sleep at night. Asleep in school. Photo: Mc Quinn In September, reports Die Welt, […]

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Economy

Swiss Bank UBS Slashes 10,000 Jobs

LE TEMPS (Switzerland), THE FINANCIAL TIMES (UK) Worldcrunch ZURICH – Swiss bank UBS officially announced Tuesday it is cutting 10,000 jobs worldwide after losing $42 billion during the financial crisis. The Zurich based bank, which currently employs 64,500 people, is aiming to reduce its workforce by 2015, Swiss daily Le Temps reports. The bulk of […]

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Economy

Trade And Tax Shelters – Can Panama Become “Latin America’s Hong Kong?”

PANAMA CITY – Panama’s fiscal incentives are luring more and more people to its shores: multinationals, retirees in search of sun and investors seeking new opportunities. Real estate prices are ballooning into a mini Manhattan-on-the-Pacific. The latest notable arrival is PKB Privatbank, the first private Swiss bank to open a “banking center” in Panama City. […]

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