Swiss Confiscation proceedings in connection with 2014 Ukraine revolution

At its meeting on May 25, 2022, the Federal Council decided to launch administrative confiscation proceedings for assets frozen in Switzerland following the Ukrainian revolution of February 2014. Switzerland is thus providing support to Ukraine, which is facing certain difficulties in its efforts to confiscate these assets. These difficulties have been compounded since the start … More Swiss Confiscation proceedings in connection with 2014 Ukraine revolution

OECD: Prices push value of G20 merchandise trade to new high in Q1 2022, while services growth slows

G20 reached a new high in Q1 2022. Exports and imports increased by 3.6% and 5.8%, as compared to Q4 2021 and measured in current US dollars. The increase is largely explained by rising commodity prices, as the war in Ukraine and COVID-19 containment measures in East Asia placed further pressure on the prices of … More OECD: Prices push value of G20 merchandise trade to new high in Q1 2022, while services growth slows

Technical textiles: the mark of quality and sustainability

Swiss Textile Machinery members set standards in demanding fabric sectors. Technical textiles, machines and components developed in Switzerland drive the highest quality standards. Satisfaction is guaranteed for woven and nonwovens manufacturers and their end-users. And Swiss solutions are committed to technology that is both innovative and sustainable, leaving the smallest possible environmental footprint. Techtextil, the … More Technical textiles: the mark of quality and sustainability

Labour taxation rebounding as global economy recovers from COVID-19 pandemic

  Effective tax rates on labour rebounded in 2021 as the global economy recovered and many countries began withdrawing or scaling back measures implemented in response to the COVID-19 pandemic, according to a new OECD report. Taxing Wages 2022 shows that rising household incomes in 2021 coupled with the reversal of many tax and benefit … More Labour taxation rebounding as global economy recovers from COVID-19 pandemic

BASF: BTC Europe and NXTLEVVEL Biochem sign agreement to distribute biobased and biodegradable solvents throughout Europe

  BASF’s European distribution organization and the leading manufacturer of biomass-derived chemicals join forces to expand offerings of levulinate solvents across Europe. BTC Europe GmbH and NXTLEVVEL Biochem have recently signed an agreement on the distribution of biobased and biodegradable solvents derived from levulinic acid for the European market. Levulinic acid can serve as a … More BASF: BTC Europe and NXTLEVVEL Biochem sign agreement to distribute biobased and biodegradable solvents throughout Europe

Tracking Down the Tomato Brown Rugose Fruit Virus

The tomato brown rugose fruit virus poses a new threat to Swiss agriculture – especially to tomatoes and peppers. Agroscope is playing a key role in controlling this quarantine organism in Switzerland. A newly created research group diagnoses submitted plant samples in the quarantine laboratory via a PCR test. A positive test result requires tough … More Tracking Down the Tomato Brown Rugose Fruit Virus