Economists are downgrading their predictions for growth for this year and 2026.
The State Secretariat for Economic Affairs says a ‘general climate of uncertainty’ is limiting investment decisions. But it doesn’t believe there will be an escalation in the trade war.
It’s now predicting a growth rate of 1.4% this year – down point 1 percent and a similar fall for 2026 at 1.6%.
It also says it expects a significant slowdown in the United States, but a timid recovery in the EU.
Temperatures to rise again
We need to brace ourselves - the heat wave will continue.
Storms flood Geneva tunnels
Geneva's autoroute tunnels south of the city were flooded last night after a violent storm struck just after 6pm.
Switzerland seeks trade assurances from US
Switzerland has yet to sign a binding economic agreement with the United States, despite ongoing efforts to lock in the lower 15% tariff floor agreed in November.
Move to make drug checking easier
The Federal Council wants to make it easier to test recreational drugs for impurities and overdose risks.
CERN bids for Tour de France
CERN is bidding to host a stage of the Tour de France in July 2029, with the candidacy due to be signed today at its Science Gateway in Meyrin.
Queues predicted for southern routes this summer
It'll be busy on the roads this summer
