SWITZERLAND POPULATION CAP
Swiss reject population cap in referendum, avoiding EU clash and cheering business
Swiss voters have rejected a proposal to limit the nation's population to 10 million. The decision prioritizes economic stability and continued free movement with the European Union. This outcome signals Switzerland's commitment to openness and reliability. Concerns about immigration and public services remain, prompting further analysis of potential solutions.
Swiss head to polls in divisive anti-immigration vote
Swiss citizens vote Sunday on two key referendums. One proposal aims to cap the nation's population at 10 million, potentially impacting immigration. The other seeks to restrict access to civilian service as an alternative to military duty. Both votes are expected to be close, with results anticipated by Sunday afternoon. The outcomes could significantly shape Switzerland's future.
Suspense surrounds Swiss anti-immigration vote
Switzerland is set to vote on a controversial anti-immigration proposal aimed at capping its population below 10 million. The hard-right Swiss People's Party initiative faces strong opposition, with critics warning of economic chaos and strained EU relations. A close result is expected, with potential implications for free movement agreements.
Swiss healthcare united against immigration cap plan
At a Swiss nursing home, Marcelle Mivelaz celebrated her 80th birthday surrounded by friends, as a team of mostly foreign nurses and caregivers ensured the day ran smoothly. "If there aren't enough caregivers, our healthcare system is headed for disaster," Carine Savioz, a Swiss nurse at the Cheseaux-sur-Lausanne home, told AFP. "This worries me," acknowledged 81-year-old Marie-Therese Barraz, standing next to Mivelaz.
Switzerland to hold June vote on plan to impose 10 million population cap
Swiss voters will decide on June 14 whether to cap the nation's population at 10 million, a proposal by the right-wing People's Party aiming to curb immigration. Despite government and parliamentary opposition, the "sustainability initiative" has significant public support, fueled by concerns over infrastructure strain and rising living costs.
Japanese are heading to India with bagfuls of cash
Japanese mega banks are significantly increasing their investments in India's financial sector, seeking growth beyond their saturated home market. MUFG's substantial stake in Shriram Finance exemplifies this trend, joining recent deals by Mizuho and Sumitomo Mitsui. India's robust economic growth and rising credit demand offer Japanese institutions a compelling alternative to Japan's demographic challenges.
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Britain tries to fix its frayed relations with world’s rich
Britain's finance minister is attempting to halt a wealth and brain drain by curbing the most punitive effects of scrapping the non-dom tax regime. New policies include a limit on inheritance tax for former non-doms and exploring a "tax offer" for high-talent individuals, signaling a potential climbdown from previous "soak-the-rich" measures.
Why is the world betting big on Indian banks?
India's banking sector is experiencing a significant influx of international capital, with nearly $15 billion in deals this year. Global investors are drawn to India's rapid economic growth, underbanked market, and robust digital infrastructure. This foreign investment signals confidence in the sector's resilience and long-term potential.
The 1920s immigration mistake America may repeat
The Trump administration is reportedly considering a major overhaul of the US refugee system that could favor White immigrants, restricting entry to English speakers, Europeans, and White South Africans, according to The New York Times. Experts warn this echoes discredited policies from the 1920s, when the US imposed quotas limiting immigration from Eastern and Southern Europe while favoring “Nordic” groups.
Davos beyond WEF: Skiing to Sherlock to Sanatorium
Davos hosts the elite World Economic Forum Annual Meeting, addressing global issues like misinformation, conflicts, and climate change. Despite heavy snowfall, 3,000 leaders, including 60 heads of state, converge in the Swiss resort for dialogue and partnerships. Davos, known for its history in health tourism and winter sports, welcomes this high-profile event every January.
No cap on number of tourists visiting Bhutan: CMO Bhutan Tourism Carissa Nimah
Bhutan's sustainable development fee has not deterred tourists, with no cap on visitor numbers. The country charges USD 100 per night for foreign visitors, except Indians who pay Rs 1,200. Bhutan promotes a 'High value, Low volume' tourism policy, focusing on environment conservation and sustainability. The revenue supports free healthcare, education, and infrastructure projects.
Is the NRI dream fading? Find out how it is becoming more difficult for Indians seeking higher education, jobs abroad
This story is playing out across the most sought-after destinations, such as the US, Canada, UK, Europe and Australia, among others. If you are dreaming of a cosy life abroad for your ward or looking to shift overseas yourself, exercise caution. The grass may no longer be greener on the other side.
India could ease China investment curbs if border stays calm
Border tensions, the biggest irritant to relations between the nuclear-armed Asian giants, have eased, which could lead to improved investment ties, top industrial policy bureaucrat Rajesh Kumar Singh told Reuters on Wednesday at the annual World Economic Forum meeting in Davos, Switzerland.
Davos: Climate, conflicts, and economic crises—all big problems converge in this small town
Davos is hosting the annual gathering of global elites, where leaders from around the world come together to address various issues. The World Economic Forum Annual Meeting, which has been taking place for over five decades, attracts thousands of attendees and has a rich history of its own. Despite the heavy snowfall and sub-zero temperatures, both skiing enthusiasts and participants in the talkfest are undeterred.
Govt guidelines on monkeypox stress on surveillance, rapid identification, isolation
The guidelines proposed a surveillance strategy to rapidly identify cases and clusters of infections and the sources of infections as soon as possible in order to isolate cases to prevent further transmission, provide optimal clinical care, identify and manage contacts and protect frontline health workers and effective control and preventive measures based on the identified routes of transmission.
Credit Suisse chairman quits over COVID-19 breaches in latest setback
Credit Suisse Chairman Antonio Horta-Osorio has resigned after flouting COVID-19 quarantine rules, the bank said on Monday, raising questions over the embattled lender's new strategy as it tries to recover from a string of scandals.
How likely are you to get a job in Ireland?
Ireland has a highly skilled, educated, and multicultural population - one of the youngest in Europe. It also has one of the best education systems in the world, one that more than meets the needs of the economy. With its well-connected geographical location and reputation for highly skilled graduates, an impressive number of multinational companies have European headquarters or manufacturing facilities in the country, providing a wealth of opportunities.
View: Five winners of the post-pandemic global economy, and a dark horse
The pandemic is accelerating a broad turn inward that began after the global financial crisis of 2008. Globalisation had already given way to de-globalisation, with cross border flows of goods and money in decline before the pandemic hit.
With borders and businesses closing, world hunkers down
With borders slamming shut, schools and businesses closing and increasingly drastic restrictions on movement, tens of millions of people were hunkered down Tuesday, heeding government calls to isolate themselves and slow the spread of the new coronavirus.
London, Doha & Sparkasse: Running a marathon can fire up your enthusiasm to travel
The beautiful backdrop makes the joy of completing a marathon taste sweeter.
India toast of town at Davos, from billboards to platters
The choices to sit and munch over are plenty -- there is the Indian government's official India Lounge, while Andhra Pradesh and Maharashtra governments too have set up their own lounges.
What the size of a country's stock market says about quality of life
That's a question frontier markets strategist Andrew Howell aimed to answer in Citi's massive new report on global public assets.
WEF 2015: Army personnel begin withdrawing from Davos as meet ends
The Armed Forces' operation here included protecting facilities and individuals, safeguarding air sovereignty, securing Swiss airspace, and with logistics, primarily through its Coordinated Medical Services (CMS).
Varun Gandhi on how India can introduce universal healthcare coverage
Patient interest can be kept as a primary focus by reforming such bodies as the National Rural Health Mission and Rashtriya Swasthya Bima Yojana (RSBY).
Euro debt crisis and global slump sees EME banks gain market cap
The global economic crisis and the Euro debt crisis saw Asia-Pacific banks' capturing almost 36% of global market cap.
Ghosts return to haunt Indo-US nuke deal
Given the gravity of the Fukushima crisis, India must review its nuclear-power policy to ensure that long-term risks of nuke accidents are contained.
India Inc to spend New Year at home
India Inc chieftains will ring in the New Year in the country this time, with beach holidays and jungle safaris on their year-end plans.
ET Special: Industrial training in India
The new partnership with corporate India is giving industrial training institutes a new lease of life.
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