https://feeds.thelocal.com/ Read the latest news and views from Switzerland in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed The figures are damning. From 2005 to 2018, the share of assets held by the richest one per cent of the Swiss population increased from 38 to 44 per cent. Clare O’Dea looks at the problem Switzerland's glaring wealth inequality. https://www.thelocal.ch/20230118/opinion-switzerlands-richest-are-getting-richer-but-is-that-what-the-country-wants Wed, 18 Jan 2023 14:23:37 +0100 opinion-switzerlands-richest-are-getting-richer-but-is-that-what-the-country-wants The new law comes four years after voters in the Italian-speaking canton of Ticino approved the introduction of a minimum wage in a referendum. https://www.thelocal.ch/20191213/ticino-parliament-adopts-a-minimum-wage Fri, 13 Dec 2019 16:32:22 +0100 ticino-parliament-adopts-a-minimum-wage Residents of Switzerland remain on average the richest in the world, a new study has shown. Here's why. https://www.thelocal.ch/20191022/swiss-remain-worlds-richest Tue, 22 Oct 2019 14:51:11 +0200 swiss-remain-worlds-richest People in the US are now the world’s wealthiest citizens, just ahead of the Swiss, a new global report shows. https://www.thelocal.ch/20190919/us-takes-richest-nation-on-earth-crown-from-switzerland Thu, 19 Sep 2019 11:20:34 +0200 us-takes-richest-nation-on-earth-crown-from-switzerland People in industrialized countries benefit most from increasing globalization –and none more so than the Swiss. https://www.thelocal.ch/20180608/switzerland-profits-most-from-globalization-report Fri, 08 Jun 2018 12:24:34 +0200 switzerland-profits-most-from-globalization-report Around 615,000 Swiss people lived in poverty in 2016, new figures released on Tuesday by Switzerland’s Federal Statistical Office (FSO) show. https://www.thelocal.ch/20180410/poverty-in-switzerland-615000-people-below-the-threshold Tue, 10 Apr 2018 16:50:10 +0200 poverty-in-switzerland-615000-people-below-the-threshold The central Swiss canton of Zug is at the top of the country’s purchasing power table with an average disposable net income of €60,000 (70,500 francs) per head a year, according to a new study by market research firm GfK. https://www.thelocal.ch/20180328/top-of-the-heap-switzerlands-richest-places-by-purchasing-power Wed, 28 Mar 2018 18:09:14 +0200 top-of-the-heap-switzerlands-richest-places-by-purchasing-power This has been a good year for Switzerland’s 300 richest individuals who saw their collective wealth rise by 60 billion francs (61 billion dollars). https://www.thelocal.ch/20171124/report-switzerlands-richest-got-even-richer-in-2017 Fri, 24 Nov 2017 09:46:42 +0100 report-switzerlands-richest-got-even-richer-in-2017 The average household in Switzerland is 35 percent richer than it was at the turn of the century, but there has been no reduction in wealth inequality. https://www.thelocal.ch/20171114/report-swiss-are-richer-than-ever-but-wealth-inequality-persists Tue, 14 Nov 2017 12:11:22 +0100 report-swiss-are-richer-than-ever-but-wealth-inequality-persists The US has overtaken Switzerland as the world’s richest country in terms of wealth per household, according to a study by financial services provider Allianz. https://www.thelocal.ch/20170927/report-switzerland-is-no-longer-worlds-richest-country Wed, 27 Sep 2017 13:46:46 +0200 report-switzerland-is-no-longer-worlds-richest-country A drop in millionaires in Switzerland this year has failed to significantly dent the country’s impressive wealth, as a report by Credit Suisse declares it the richest country in the world yet again. https://www.thelocal.ch/20161122/surprise-switzerland-still-worlds-richest-country Tue, 22 Nov 2016 11:29:01 +0100 surprise-switzerland-still-worlds-richest-country Switzerland offers the highest standard of living in Europe, a new study shows. Here's why. https://www.thelocal.ch/20160428/is-this-why-you-should-move-to-switzerland Thu, 28 Apr 2016 14:20:10 +0200 is-this-why-you-should-move-to-switzerland While money may not grow on trees in Switzerland, new figures from German market research company Gfk estimate the average 2016 purchasing power for people in the country will be a very healthy €42,300, or around 46,000 Swiss francs. https://www.thelocal.ch/20160412/revealed-the-richest-regions-in-switzerland-gfk-switzerland Tue, 12 Apr 2016 19:19:05 +0200 revealed-the-richest-regions-in-switzerland-gfk-switzerland Residents of Switzerland are the wealthiest in the world but the country also has one of the highest levels of inequality among developed nations, a report from Credit Suisse says. https://www.thelocal.ch/20151014/swiss-residents-wealthiest-in-world-report Wed, 14 Oct 2015 10:30:19 +0200 swiss-residents-wealthiest-in-world-report Average Swiss households remain the richest in the world, although inequality is rising in Switzerland, according to Allianz’s Global Wealth report for 2015. https://www.thelocal.ch/20150930/swiss-households-remain-richest-in-the-world Wed, 30 Sep 2015 10:25:58 +0200 swiss-households-remain-richest-in-the-world The disparity between Switzerland’s richest residents and the rest of the population is much greater than most people living in the country believe, according to a survey conducted for trade unions. https://www.thelocal.ch/20150511/inequality-of-wealth-greater-than-most-swiss-think Mon, 11 May 2015 22:24:44 +0200 inequality-of-wealth-greater-than-most-swiss-think Switzerland has been elbowed aside again by Norway for the title of most prosperous country in the world, according to a new report. https://www.thelocal.ch/20141103/swiss-rank-second-to-norway-for-prosperity Mon, 03 Nov 2014 14:18:00 +0100 swiss-rank-second-to-norway-for-prosperity Switzerland continues to boast the highest average wealth per adult in the world, at $581,000 in 2013, up 10.5 percent from the previous year, a study from Credit Suisse released on Tuesday says. https://www.thelocal.ch/20141014/swiss-remain-wealthiest-in-world-credit-suisse Tue, 14 Oct 2014 17:19:00 +0200 swiss-remain-wealthiest-in-world-credit-suisse People in Switzerland have grown rapidly far wealthier since the global financial and economic crisis according to a new study which assessed the impact of the crash on European households. https://www.thelocal.ch/20141003/report-swiss-richer-than-before-economic-crash Fri, 03 Oct 2014 14:29:00 +0200 report-swiss-richer-than-before-economic-crash Swiss residents remain the wealthiest people in the world on a per capita basis, according to a report released on Tuesday that also maintains they are the most indebted on the planet. https://www.thelocal.ch/20140923/swiss-residents-top-global-wealth-list Tue, 23 Sep 2014 23:25:00 +0200 swiss-residents-top-global-wealth-list