Switzerland
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foreign
German teenager allegedly kills parents, brother in knife attack
A 19-year-old German boy has been accused of killing his parents and brother with a knife and seriously wounding his sister, the police and public prosecutor announced on Wednesday. The incident occurred in the Waldshut District, close to Germany’s border with Switzerland, on Tuesday evening. The parents, who were 58 and 61 years old, respectively, died at the scene, a…
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foreign
Patent applications in Europe rise, but women still under-represented
The number of patent applications at the European Patent Office (EPO) rose by almost 3 percent last year to 199,275 new inventions. Digital communication, electrical machines, and energy technology were the growth areas, the EPO said in Munich on Tuesday. Significantly, more applications were received from South Korea and China in particular. However, the U.S. was in the lead with…
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economy
Switzerland removes customs duties on certain imports to cut prices
Geneva, Jan. 2, 2024 (dpa/NAN) Switzerland said that it has abolished customs duties on imported industrial goods in order to reduce high consumer prices. The State Secretariat for Economic Affairs (SECO) on Tuesday in Bern announced that as a result, the country has foregone around 600 million Swiss francs ($706 million) in annual revenue. The cancellation affects not only consumer…
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Africa
Saudi’s Ministry of Economy and Planning joins forces with UpLink to address food insecurity in arid climates
Davos, Switzerland — Saudi Arabia’s Ministry of Economy and Planning (MEP) in collaboration with UpLink today launched an innovation challenge designed to crowdsource transformative solutions to enhance food security in countries impacted by low rainfall, drought, and desertification. MEP and UpLink, the World Economic Forum’s (WEF) open innovation platform, made the announcement at the Forums’ 2023 Annual Meeting in Davos…
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Africa
Saudi Arabia is creating a global model for economic resilience and collaboration
Davos-Switzerland. — The rapid economic transformation of Saudi Arabia and its global role in bringing near-term stability while driving long-term transformation was the subject of a high-level panel on the third day of the World Economic Forum at Davos. The session, titled “Saudi Arabia’s Transformation in a Changing Global Context”, featured four speakers from the Kingdom who offered their insights on…
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Global energy security depends on geopolitical stability – Saudi Foreign Minister tells WEF23
Davos, Switzerland — Geopolitical stability is “absolutely key” to global energy security, Saudi’s Foreign Minister told the World Economic Forum’s 2023 Annual Meeting in Davos on Tuesday. During a high-level panel titled ‘Keeping the Lights amid Geopolitical Fracture’, His Highness Prince Faisal bin Farhan Al Saud, Saudi Arabia’s Minister of Foreign Affairs, emphasized the need for near-term stability, especially in…
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Africa
Saudi, WEF launch innovation accelerator, explore collaborations in global metaverse village
Davos, Switzerland — A high-level delegation from Saudi Arabia participated in a multilateral meeting with the World Economic Forum’s (WEF) leadership at WEF’s 2023 Annual Meeting. His Highness Prince Faisal Bin Farhan Al Saud, Minister of Foreign Affairs, Her Royal Highness Princess Reema bint Bandar Al Saud, Ambassador to the United States of America, His Excellency Abdullah bin Amer Alswaha,…
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