The federal government expects US commerce tariffs to decelerate Switzerland’s economic system; the SBB plans to purchase new trains for worldwide routes; and extra information in our roundup on Thursday.
Authorities examines penalties of US tariffs on Swiss economic system
Full results of upper customs duties that Donald Trump will impose on Switzerland after the ‘grace interval’ of 90 days is over in July, can’t but be assessed, the Federal Council mentioned in a press launch on Wednesday.
“Nonetheless, oblique penalties have to be anticipated, as a consequence of a slowdown within the world economic system and volatility in monetary markets,” the federal government identified.
On account of these developments, Switzerland’s economic system “is anticipated to develop much less favourably” than anticipated.
“As issues stand, a slowdown in progress is to be anticipated in Switzerland, however an financial collapse just isn’t on the agenda.”
Nonetheless, as a option to offset the influence of upper tariffs, some export-oriented companies might have to scale back the working hours of their workers, the federal government famous.
The SBB plans to buy 40 high-speed trains for worldwide connections
To stay aggressive on the worldwide market, the nationwide rail firm, SBB, desires to introduce new, high-performance trains to attach Swiss cities with Rome, Barcelona, and London, amongst different well-liked international locations.
To attain this bold purpose, the SBB is planning to purchase as much as 40 super-fast trains, spending an estimated 1 billion francs for this venture
The contract is scheduled to be put out to tender in 2026.
Commercial
How the Submit Workplace may ship your mail sooner or later
The federal government desires the postal service to ship 90 p.c of letters, parcels and newspapers on time sooner or later, as introduced by the Federal Council on Wednesday.
The present goal is a 97-percent ‘on time’ supply for letters, and 95 p.c for parcels and newspapers.
This leeway will give the Submit extra supply flexibility at peak instances, equivalent to earlier than Christmas.
Sooner or later, the Submit Workplace may also settle for and ship letters digitally.
These amendments are presently underneath session till August sixth earlier than the lastly choice on their implementation can be made.
Commercial
Public works to disrupt Geneva tram operations
As roadworks will disrupt tram strains 15 and 17 from tomorrow, April 18th ,till June 1st, various routes are deliberate.
As a result of building to create a passage underneath the Grand-Lancy street, line 15 will finish on the Lancy Pont-Rouge cease, as a substitute of going all the way in which to Ziplo. And tram 17 will solely run from Annemasse (France) to Plainpalais.
To compensate for these cancelled stops, Geneva’s public transport firm, TPG, will deploy shuttles between Lancy-Pont-Rouge and Les Palettes.
Line 18 may also be prolonged to Ziplo, and the frequency of its service can be elevated.
Lastly, passengers may also be capable of take line 82 to attach from Ziplo to the Lancy-Bachet station.
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