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Articles for tag: dead, fire, identify, new year swiss fire, Police, resort, ski, Swiss, swiss fire, Swiss police identify 24 of 40 dead in ski resort fire

January 4, 2026

News Desk

Swiss police identify 24 of 40 dead in ski resort fire

Switzerland declared January 9 a day of mourning, with church bells tolling nationwide at 2:00 p.m. Swiss police. Photo: AFP (file) Authorities investigating a New Year’s Eve fire at a bar in the Swiss resort of Crans-Montana have identified 24 of the 40 dead, including 11 minors and six foreign nationals, police said Sunday, as its owners were investigated for manslaughter. A heavy sadness hung over the city as hundreds of people walked in silence to a chapel near the scene after a memorial service for victims of an inferno that also left 119 injured — many with severe burns

December 8, 2025

News Desk

Yo-de-lay-UNESCO? Swiss hope for yodel heritage listing

Lucerne, SWITZERLAND: Unesco’s Intergovernmental Committee, the United Nations’ cultural body, is meeting from Monday (today) to Saturday to consider nominations for the “Intangible Cultural Heritage List”, including Switzerland’s bid to add yodeling. The committee is responsible for the 2003 Convention for the Safeguarding of the Intangible Cultural Heritage. The primary purpose is to assess and inscribe new cultural traditions and expressions from around the world on the World Heritage Lists. Switzerland is hoping to get yodeling recognized by the UN to protect the alpine nation’s ancestral song tradition of herders and shepherds. The country currently has around 12,000 enthusiastic yodellers,

June 19, 2025

News Desk

Swiss National Bank reduces the interest rate to 0%as inflation becomes negative

Listen to the article The Swiss National Bank (SNB) reduced its main interest rate to 0% on Thursday, reporting inflation, pressure from a stronger Swiss franc and uncertainty fueled by US trade policies. This has marked the sixth consecutive reduction in interest rates from March 2024, reducing the reference point from 0.25%. The move comes after inflation in Switzerland that became negative in May for the first time in four years, falling outside the 0-2% target range of SNB. Do you know?Switzerland simply reduced its interest rate to 0%. With inflation negative and the strengthening of the franc, the SNB

August 24, 2024

News Desk

The Swiss minister called the US-EU debt a “ticking time bomb”.

ZURICH: Debt levels in the United States and Europe pose a risk to international financial stability and to Switzerland, Swiss Finance Minister Karin Keller-Satter said in an interview published on Saturday. In an interview with Swiss newspaper Blick, Keller-Sutter praised Switzerland’s “disciplined” finances, which she said have enabled the country to deal with the economic challenges posed by the COVID-19 pandemic and other geopolitical disruptions. In contrast, other countries are “so indebted that they can hardly act anymore,” he said, citing France as an example. “Or take a look at America. This is a ticking time bomb. The mini-crash in

Britain’s richest family jailed for exploiting staff at Swiss villa

GENEVA: A Swiss court jailed four members of Britain’s richest family, the Hindujas, on Friday, calling them “selfish” for exploiting Indian staff at their Geneva mansion. Lawyers for the Swiss-Indian family members, who were not present in court, said they would appeal the verdict. The defendants were acquitted of human trafficking but convicted of other charges. The family’s fortune is estimated at 37 billion pounds ($47 billion) by the Sunday Times. Prakash Hinduja, 78, and his wife Kamal, 75, received four years and six months each. Their son Ajay, 56, and his wife Namrata, 50, were given a four-year term,

UK’s richest family faces human trafficking charges in Swiss court

Four members of the Hinduja family, the UK’s richest with a fortune of $47 billion, are on trial in Switzerland for alleged human trafficking and exploitation. The accusers claim they spent more money on their dog than on their household staff. Prakash and Kamal Hinduja, their son Ajay and his wife Namrata are accused of bringing domestic staff from India into their Geneva villa in the posh Cologne area. Complaints include confiscation of passports, pay of just $8 for 18-hour workdays and severe restrictions on staff freedom. Although an exploitation settlement was reached last week, the human trafficking trial continues,

December 31, 2023

News Desk

The Swiss guard is looking for bonus clawback powers

ZURICH: Switzerland’s financial regulator wants to discuss the possibility of clawing back bonuses from bankers as part of stronger powers following the collapse of Credit Suisse and the sale to UBS. “The question is on the table and must be discussed now,” FINMA president Marlene Amstad told the Schweiz am Wochenende newspaper when asked about the right to ask for bonuses to be returned. “The Credit Suisse case shows that for decades the bank has suffered losses and at the same time paid high bonuses,” he said in the interview on Saturday. “So we need a better legal basis so

November 8, 2023

News Desk

Czechs see off Swiss champions in BJK Cup finals opener

SEVILLE: The Czech Republic claimed an impressive 3-0 victory over defending champions Switzerland in their first Billie Jean King Cup final on Tuesday. Mari Buzkova and Linda Noskova triumphed in singles matches to give the Czechs an unassailable lead ahead of the doubles in Group A, dubbed “the group of death”, including the United States with a record 18 times. Noskova defeated Celine Naef 7-6 (7/2), 4-6, 6-4 in an hour-long battle of two 18-year-old debutants, before Buzkova held off seeded Viktorija Golubic 6-4, 6-4. . Czech doubles pair Barbora Krejckova and Katerina Siniakova then beat Golubic and Jil Teichmann

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