Swiss food giant Nestlé will invest $1 billion (CHF905 million) in Mexico over the next three years to boost production, the Mexican president and
Trump's second presidency dominated proceedings at the World Economic Forum amid ominous warnings over the looming threat of trade tariffs and his decision to pull the United States out of the Paris climate agreement.
Switzerland remains calm amid global panic over Trump’s executive orders. Swiss industries, including gold refining, brace for potential U.S. trade policies, while Trump’s economic agenda stirs global markets.
Speaking in Davos, Ukrainian President Volodymyr Zelenskyy questioned whether Trump was committed to NATO and European security.
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Trump Just Took His Tariffs Threat to a Catastrophic Level
On Tuesday, Trump threatened a 10 percent tariff against China “based on the fact that they’re sending fentanyl to Mexico and Canada,” and said he was considering tariffs against the European Union over a $350 billion trade deficit. But at Davos, these threats did not go over well.
Switzerland's government said on Wednesday it planned to ban international adoptions due to concerns about abuses in the practice. Based on the findings of an independent group of experts, the government said that "even well-crafted adoption laws cannot prevent abuse and that a ban is the best way to adequately protect all those affected,
The Swiss government said on Wednesday that it would from May 1 remove the European Union from a list of jurisdictions affected by protective measures for the Swiss stock exchange, ending a block on the trading of Swiss shares on other bourses.
Home ownership in Switzerland became slightly more expensive in 2024. Central Switzerland has the priciest single-family homes at CHF1.78 million.
On the campaign trail last year, President Donald Trump talked tough about imposing tariffs as high as 60% on Chinese goods and threatened to renew the trade war with China that he launched during his first term.
MEXICO CITY (Reuters) - Packaged food company Nestle will invest $1 billion in Mexico over the next three years to boost production of various products, Mexican President Claudia Sheinbaum said on Tuesday. Sheinbaum made the announcement in a video on social media alongside Nestle executives.
Learn more about the presidencies of stakes created in Cedar City and Highland, Utah; Kasapa, Democratic Republic of the Congo; and San Pedro, Cote d'Ivoire, as well as 52 reorganized stake presidencies around the world.
The world is changing, and Europe must adapt if it wants to remain relevant. Donald Trump is just the clearest expression of this. What the continent can learn from this year's World Economic Forum meeting in Davos.