The World Economic Forum in Davos is rarely about announcements. Its significance lies in the informal exchanges where political leaders, central bankers, regulators and corporate executives test assumptions against one another. In 2026, those conversations exposed a growing tension between ambition and institutional capacity. Across technology, finance and public policy, expectations of what systems are meant to deliver increasingly outpaced what organisations are able to govern, integrate and explain.
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 operating results of retail banks in eleven European countries grew by an average of 18 percent last year, while revenues grew by approximately eight percent, according to a banking sector strategy analysis from Strategy& - a division of the consulting firm PwC. Last year's increase in interest rates resulted in increased profits for European banks. However, cost reductions have also contributed to their improved performance.
In the area of FinTech, Switzerland is leading the way in many respects, following trends and establishing itself as a global catalyst for financial innovation. The digitalization of financial markets has led to interesting and rapid changes.
Since its first flight 75 years ago, Zurich Airport has developed into a major hub for international traffic in Switzerland. This anniversary will be celebrated with a three-day airport festival for the population and all airport fans from September 1–3, 2023. Due to this special event, let's look back at 75 years of Zurich Airport and the history of Swiss aviation.
Even though Switzerland is not a member of the EU, the country maintains close relations with the Union. More than 20 basic and 100 other agreements determine this bilateral relationship. In recent years, however, these relations have progressed only very slowly. What is the reason for this and what is the relationship between the two parties?
Even though the last functioning gold mine in Switzerland was closed in the 1950s and the country no longer has any significant mineral resources, Switzerland was able to become a real authority in the field of gold trading.
With the decision that Switzerland wants to become climate neutral by the year 2050, a new climate protection law was also passed with the help of a popular referendum. Around 60% of the population voted in favour of such a law. You can find out exactly what this law deals with here.
The Swiss have decided to become climate neutral by 2050, which means that the so-called "net zero" is to be achieved. A new law is to serve this purpose. But what is behind this climate neutrality and is it even feasible by 2050?
Now it's official. At the end of the year Alain Berset will step down as Switzerland's Interior Minister and President in the rotating function. The unexpected move comes after more than a decade in various government posts. The presidency is a rotating post in Switzerland, with members of the local government, the seven-member Federal Council, in which Berset has served since 2012, rotating in and out of office every year.
Switzerland is not only a hub for companies, but also a country where a particularly large number of fintech startups are being founded. In 2022 alone, there were 437 fintech companies in Switzerland. But what is the reason for this? What makes Switzerland so attractive for fintech?
As part of its mission to deliver Simplicity for Complex Wealth to its clients, Altoo takes another step in its efforts to shape the digitalization of wealth management and joins the bLink community. Greater efficiency, security and customer experience By joining the bLink community, Altoo will deliver an even better customer experience and more efficient and […]
Altoo is delighted to be shortlisted among the Top 5 ‘Growth Start-ups of the Year’ by the Swiss Fintech Awards 2023
Need to manage your own wealth or those of your family simply and clearly? With the digital platform Altoo, this has been possible since 2017. Ian Keates, Altoo CEO, explains how the FinTech's Wealth Platform can present and manage even complex wealth structures in a holistic way.
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In the face of increasingly frequent crises, there are growing calls around the world for a reorientation of philanthropy. What are the implications for foundations and other philanthropic organisations, and what trends and challenges are they facing?
Especially in 2021 and 2022, we heard a lot about the so-called microchips. They are needed in industry, in the automotive sector or in technology. But what are they actually needed for, and are they essential for the functioning of electrical devices and machines? Here are the answers to these questions and more information about microchips.
Estate planning is an ongoing process that requires regular review and adjustment to reflect changes in personal circumstances, tax laws and financial goals. In this article, we delve into the realm of estate planning for high-net-worth individuals with minor children, exploring key strategies to preserve wealth, minimise tax burdens and ensure the future of their offspring.
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Should I look for original packaging? The more original items you can get, the better. This includes the original box and the watch’s papers. However, these items are not essential to authenticate the watch if you are buying it from a certified dealer. But they are certainly nice to have. For some watches original packaging […]
