Swiss Long-term outlook: How are public finances affected by COVID-19 crisis, ageing and climate change

The current report on the long-term sustainability of public finances in Switzerland sets out how the progressive ageing of the population will affect Switzerland’s public finances up to 2050. Aside from demographic change, the report presents, for the first time, a qualitative analysis of the potential impact of climate change on public finances. It also … More Swiss Long-term outlook: How are public finances affected by COVID-19 crisis, ageing and climate change

FibreCoat GmbH closes first financing round

Five investors fund Series A round to increase capacity, increase sales and marketing activities. FibreCoat GmbH, an innovative composite materials spin-off from the Institut für Textiltechnik (ITA) of RWTH Aachen University, announces it closed a $3 million Series A round of financing with Goose Capital, Phoenix Venture Partners, b.value AG, NOVA by Saint-Gobain and the … More FibreCoat GmbH closes first financing round

EU Macroeconomic Imbalance Procedure Scoreboard published

Eurostat has published on November 24, 2021, the indicators of the Macroeconomic Imbalance Procedure (MIP) Scoreboard The MIP Scoreboard consists of fourteen indicators relevant for the early detection of existing or emerging macroeconomic imbalances at EU Member State level. It provides statistical support to the annual Alert Mechanism Report released by the European Commission at … More EU Macroeconomic Imbalance Procedure Scoreboard published

YY Nation launches world’s lowest carbon footprint sneaker

New Zealand-based sustainable shoe brand, YY Nation, is launching in the U.S. with its eco-friendly Legacy Footwear Collection, which includes the world’s lowest carbon footprint sneaker. YY Nation’s Nimbo shoe, constructed from bamboo and algae, has the industry’s lightest carbon footprint of 5.45kg CO2e (ISO 14067 Certified), which is three times less carbon emissions than … More YY Nation launches world’s lowest carbon footprint sneaker

Unifi reaches 30 billion bottle recycling target early

Unifi, based in Greensboro, North Carolina, has turned more than 30 billion post-consumer plastic bottles into Repreve recycled performance fibers, which are used by hundreds of the world’s most recognizable companies. Only two brands used Repreve when it was first introduced by Unifi. More than 1000 manufacturers employ recycled performance fibers around the world, and … More Unifi reaches 30 billion bottle recycling target early

Gross domestic product in the third quarter of 2021: continuing economic recovery

Swiss GDP grew by 1.7 %, following an increase of 1.8 % in the second quarter.* Value added grew markedly in the affected service sectors as a result of the further relaxation of COVID measures. Private consumption rose substantially in line with this. Overall, GDP was more than 1 % higher in the third quarter … More Gross domestic product in the third quarter of 2021: continuing economic recovery