Swiss politics
Swiss voters will decide in February 2027 whether to allow new nuclear power stations, alongside proposals on foie gras imports and naturalisation. The Federal Council’s nuclear proposal would lift the ban on building new plants approved in 2017.
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Swiss foreign policy
Foreign Minister Ignazio Cassis is due to visit Pyongyang as Switzerland’s diplomatic office in North Korea resumes operations after closing during the Covid-19 pandemic. The mission is intended to support direct contacts and political dialogue with North Korean authorities.
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Swiss defence
Switzerland is evaluating Israel’s Barak MX and France’s SAMP/T NG as possible additions to its US-made Patriot air-defence system. The government says a second long-range system could expand protection and reduce reliance on a single supplier.
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Switzerland
Forty years after the fall of Haitian dictator Jean-Claude Duvalier, Switzerland is still holding CHF13.2 million linked to him without deciding how the money should be used. Swiss aid organisations offered to help find a use for the funds in 2019.
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EuroAirport
Basel City and Basel Country have approved a €157 million plan to extend and modernise EuroAirport’s terminal. The project still needs approval from the relevant Swiss and French authorities, with construction planned to begin in 2027.
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Swiss politics
A proposal to let collective labour agreements take precedence over cantonal minimum-wage laws is heading to a nationwide vote. Only a handful of Swiss cantons have introduced minimum wages through popular votes.
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UBS
UBS reported a third-quarter net profit of $2.7 billion and said it remains on track to complete the Credit Suisse integration this year. The bank also said strong client activity helped lift operating income by 5% and put it on course to meet its annual targets.
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Swiss business
Corporate bankruptcies in Switzerland could reach a record 15,000 cases in 2026, according to a forecast by Allianz Trade. The insurer expects a sixth consecutive annual increase and says the insolvency law introduced in 2025 is also contributing to the rise.
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social assistance
Just under 270,000 people in Switzerland received social assistance in 2025, a 4.5% increase on the previous year, according to the Federal Statistical Office. The social assistance rate remained at 2.9%, with children and young people recording the highest rate among age groups.
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Swiss tourism
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