In 2019, the pharmaceutical sector spent $83 billion on research and development in the US alone. These costs were incurred on a range of activities, including development innovations such as product enhancements, the discovery and testing of novel medicines, and clinical trials for marketing or safety monitoring. After accounting for the effects of inflation, this sum is about ten times the annual expenditure of the sector in the 1980s.
International trade in goods and services, as well as investments abroad, are very beneficial for Switzerland's open economy. It is therefore crucial to build good economic relations with other countries. Find out here what Switzerland's economic landscape looks like and what the success factor is.
Almost the entire planet is presently coping with rising living expenses. However, some countries are handling the issue more effectively than others. This is the case, for example, in Switzerland, which is experiencing one of the least severe inflationary effects among developed nations. According to the Federal Statistical Office (FSO), inflation decreased from 2.2% to 1.7% in May 2023, and it averaged 2.67 percent in Switzerland in 2023. In addition, based on the most recent consumer price index, the Swiss populace will experience modest price increases of 3.3%.
According to the Federal Statistical Office (FSO), inflation fell from 2.2 percent to 1.7 percent in May 2023. The last time inflation was below two percent was in January 2022. But how does Switzerland manage to keep inflation seemingly under control?
The process of empowering women in sport is ongoing, with both successes and difficulties. From dominating on the field to inspiring the next generation, women in sports are breaking barriers and paving the way for a more inclusive and empowered future. These remarkable women, among many others, have paved the way for a more inclusive and empowering future for women in sports.
The drive towards a more sustainable, environmentally conscious world has accelerated rapidly in recent years. Across various sectors, the search for materials that are efficient, durable and environmentally friendly has been relentless. In this article, we take a look at the current state of the copper market and future supply challenges.
As one of the UN's member countries, Japan is also committed to implementing the Sustainable Development Goals. As one of the best performers in the Sustainable Development Report 2022, it is clear that the country still has a lot of catching up to do but has also achieved some good results.
Sports philanthropy is a social engagement strategy that uses the platform of sport to create positive social change. The scope of this social contribution can range from small, grassroots sports development programmes to campaigns associated with sports organisations or personal projects undertaken by professional athletes. Sports philanthropy acts as a conduit for all social good initiatives that use sport as a key tool. Let us dive into the various facets of sports philanthropy.

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