Switzerland

Zermatt rail link will ne interrupted for weeks due to severe damage caused by the flooding of the Vispa river; trains operated by Matterhorn Gotthard Bahn will not be running to the Swiss mountain resort until at least mid-August

Former Brazilian football star Ronaldinho has opened his first restaurant near Geneva in western Switzerland; the restaurant is named "R10" after the famous footballer's shirt number

Credit Suisse, established in Zurich on 5 July 1856, no longer exists as legal entity in Switzerland after 168 years of operations; the bank has merged into UBS with all its rights and obligations now being transferred to UBS Switzerland

A decline in property price is widespread in many areas and buying would be more convenient than renting by early 2025, a UBS study predicts, because of falling mortgage rates, rising rents and key interest rate cuts expected from the Swiss National Bank

Eighty countries have called for the "territorial integrity" of Ukraine to be the foundation of any peace agreement to end Russia's war in a communique issued on the second and final day of their gathering at a Swiss resort on 16 June

The Swiss people will vote today on four issues at a federal level: two initiatives on health insurance premiums, compulsory vaccinations and the referendum against the comprehensive Energy Law

The federal government intends to invest CHF16.4 billion ($18.1 billion) in railway infrastructure between 2025 and 2028, 2 billion more than for the current period

Switzerland will not be participating in the European Copernicus programme to monitor climate change from 2021 to 2027 although Parliament had voted in favor; the reason given by the government is the strained state of federal finances

Government announced plans to spend a maximum of CHF29,2 billion ($32 billion) over the next four years for Switzerland to “remain an international leader in education, research and innovation”, a higher sum than for 2021-2024 but smaller than expected

Swiss multinational Nestlé has been accused of making children addicted to sugar in low-income countries in examination of some 150 products by NGO Public Eye

Siding with a group of elderly Swiss women against their government in ruling that could have implications across the continent, European Court of Human Rights ruled that countries must better protect their citizens from the consequences of climate change

Over 600.000 people inside Switzerland relocated in 2023, according to Swiss Post: 90% of those who moved requested a change of address notification, 82% remained in the same canton or town, half are aged between 18 and 49, family or more space the reason

The Swiss air force handed over the first of 22 Tiger fighter jets to the US Navy that will use them Tigers for training purposes