All flights grounded at Munich airport after snowstorm in Germany

All flights grounded at Munich airport after snowstorm in Germany

BERLIN (AP) — All flights were grounded at Munich’s airport Saturday after a winter storm dumped snow across southern Germany and parts of Austria, Switzerland and the Czech Republic, affecting travel across the region. After initially announcing a halt in air traffic until noon on Saturday, the airport later announced flights would be canceled until … Read more

France thrash Gibraltar in record-breaking European Championship qualifier

France thrash Gibraltar in record-breaking European Championship qualifier

Kylian Mbappe scored a hat-trick in France’s record-breaking 14-0 thrashing of 10-man Gibraltar as the Netherlands, Switzerland and Romania booked their places at Euro 2024 on Saturday. Issued on: 18/11/2023 – 22:50Modified: 19/11/2023 – 09:56 2 min Les Bleus set a new record margin of victory in European qualifying and a national record in Nice. … Read more

When do ski resorts open? Everything we know about the 2023/24 season

When do ski resorts open? Everything we know about the 2023/24 season

Bansko (Bulgaria): December 2 Borovets (Bulgaria): December 2 Baqueira Beret (Spain): November 25 Jasna (Slovakia): November 25 Pas de la Casa (Andorra): December 1 Sierra Nevada (Spain): November 25 Soldeu (Andorra): December 1 How’s the snow looking? There have been promising early snowfalls across the Iberian peninsula, including on the slopes of Europe’s most southerly … Read more

Swiss National Bank launches wCBDC pilot; US digital dollar still years away, analysts say

Swiss National Bank launches wCBDC pilot; US digital dollar still years away, analysts say

Get all the essential market news and expert opinions in one place with our daily newsletter. Receive a comprehensive recap of the day’s top stories directly to your inbox. Sign up here! (Kitco News) – The Swiss National Bank (SNB) has announced a new partnership with six commercial banks and the SIX Digital Exchange (SDX) … Read more

Sweden or Switzerland? Swedish tourist board launches campaign to explain the difference

Sweden or Switzerland? Swedish tourist board launches campaign to explain the difference

Every year, 120,000 people ask Google whether they are the same country. ADVERTISEMENT Sweden’s tourist board has decided it is time to make it clear that the nation is not, in fact, the same country as Switzerland. According to Visit Sweden, the two countries are constantly being mixed up. To dispel confusion, the tourist board … Read more

NCA carries out cybersecurity drill at ITU headquarters in Switzerland

NCA carries out cybersecurity drill at ITU headquarters in Switzerland

GENEVA — The Saudi National Cybersecurity Authority (NCA) held a Cyberdrill to raise the level of cyber readiness, and enable the exchange of information and knowledge in the field of cybersecurity. The drill, which took place at the ITU headquarters in Geneva, Switzerland, as part of the ITU Learning Labs initiative for staff experiential training, … Read more

Stablecoins: Transforming cryptocurrency investment | Euronews

Stablecoins: Transforming cryptocurrency investment | Euronews

In the world of cryptocurrency, where volatility reigns supreme, stablecoins are emerging as a game-changer for risk-conscious investors. These digital assets offer a unique approach to crypto investment. ADVERTISEMENT In Switzerland, for instance, a stablecoin tied to the Swiss franc provides investors with a reassuring sense of stability, as its value closely mirrors that of … Read more

‘Dramatic’ acceleration: Switzerland has lost 10% of its glaciers in the last two years

‘Dramatic’ acceleration: Switzerland has lost 10% of its glaciers in the last two years

Glaciers across the entire country were affected, with those in southern and eastern Switzerland melting almost as much this year as in the record year of 2022. ADVERTISEMENT Two years of extreme weather have wiped out 10 per cent of Swiss glaciers, new research reveals. The biggest decline since measurements began was seen in 2022, … Read more

SNB surprises markets by holding rates at 1.75%

SNB surprises markets by holding rates at 1.75%

The Swiss National Bank (SNB) surprised markets by keeping rates unchanged after its monetary policy meeting today (September 21). As a result, the policy rate remains at 1.75%. This puts an end to a series of five consecutive rate increases the SNB started in June 2022, when the policy rate stood at -0.75%. “The significant … Read more