County Geneva Financial News

30.06 / 11:15
UPS performer reports Department Interviews Investigations International Behind Davos, claims of a toxic workplace
A few years ago Klaus Schwab, the octogenarian founder of the World Economic Forum, decided the organization needed a youthful makeover. So he singled out a group of employees over 50 years old and instructed his human-resources chief to get rid of them all, according to people familiar with the matter. This, he explained, would lower the average age of the workforce.
20.02 / 01:39
economy President War performer country peace As peace talks stall, Russia and Ukraine share one aim: Keep Trump happy
Subscribe to enjoy similar stories. GENEVA—In talks about ending the war, Ukraine and Russia have converged on one goal: to avoid angering President Trump by appearing to block peace. They continue to send delegations to talks mediated by U.S.
25.01 / 10:27
security pandemic President Experts country Department Mint Explainer | US exits WHO: What it means for global health and America
Subscribe to enjoy similar stories. The US has formally withdrawn from the World Health Organization (WHO), a year after President Donald Trump signed an executive order to begin the process.
02.01 / 10:27
markets Racing security Actor Experts country Updates China and America must get serious about AI risk
AI superpowers can engage in constructive risk management even as they compete vigorously for AI leadership.Moreover, diplomats and experts from our two countries had also met earlier in 2024, in Geneva, for an extended session dedicated to AI risks. It was the first meeting of its kind, and though it didn’t produce any significant results, the very fact that it occurred was an important step, and both sides did manage to identify critical areas of risk that required further work.Now, as the momentum behind AI development and deployment, both civil and military, gathers pace, the US and China need to build on this foundation by pursuing sustained, senior-level diplomacy on AI risks, even as each strives for the lead in the AI race.
25.03 / 11:59
security Pool Sustainability Food country social Ministry of Labour & Employment launches India's social protection data drive
This increase acknowledges existing central social protection schemes that had not been considered earlier. India has made significant strides in enhancing its social protection coverage through a comprehensive data-pooling exercise led by the Ministry in collaboration with ILO. By utilising encrypted Aadhaar as a unique identifier across 34 major central schemes, such as MGNREGA, EPFO, ESIC, APY, and PM-POSHAN, over 200 crore records were processed to identify unique beneficiaries. According to the release, this exercise revealed that 65% of India's population (92 crore people) is covered by at least one social protection benefit (cash and in-kind both), with 48.8% receiving cash benefits.
09.03 / 05:45
markets Fighting security President Experts International How would peacekeeping work in Ukraine? These experts gamed it out.
Ukraine. Last week, that group of experts went public for the first time, publishing a 31-page paper that delves into the technical details of how a ceasefire along a more than 700-mile front line could be monitored and enforced. The paper was shared last month via another confidential channel: a recurring meeting in Geneva between American, Russian and Ukrainian foreign-policy experts who are close to their governments. The paper, one of the most detailed templates for a Ukraine ceasefire to have been published, is a sign of how quickly the topic of planning for a ceasefire has gone from a controversial and theoretical exercise to an urgent and practical issue.
08.03 / 17:45
markets UPS blues reports gatherings Schools Ditch the suit & tie: How casual wear is redefining formal fashion
I have nothing against people wearing suits and ties. I have nothing against people engaged in self-flagellation either. In fact, in both cases, I admire the effort and skill involved in pulling off something that gives the subject self-worth. But being ticked off for not wearing a 'suit-tie,' and then attributed some fiendish attempt to disrespect a gathering of suits is something I find utterly churlish. At the weekend Oscars, host Conan O' Brien (in a navy-blue shawl lapel tux) and Adam Sandler in a blue hoodie and basketball shorts mocked White House Armanipulation. The point isn't that Sandler was wearing a $175 neon blue Aviator Nation hoodie over a Hawaiian shirt in a sea of tuxedos and looking like 'a guy playing video poker at 2 am'. It was that O'Brien — who later revealed that the two of them had prepped for the Sandler-conceived gag — was ribbing the 'other ambush' that happened in the White House a few days before.
05.03 / 14:43
UPS Trade President War country rowing US Tariffs News LIVE: Donald Trump-Justin Trudeau set to speak amid row over trade war
AFP quoted Ana Cristina Villalpando Fonseca, head of the National Chamber of the Tequila Industry (CNIT) as saying.According to Mexico’s Tequila Regulatory Council, two-thirds of the country's tequila produced last year was exported to the US, accounting for about 335 million liters. That made up 83.6 percent of tequila exports, representing about $4.5 billion worth of liquor.Following the new tariffs, Villalpando said prices for tequila will likely go up in the US.“The possible increase in tequila prices in the United States could encourage substitution with other alcoholic drinks," she said.US Tariffs News LIVE: According to truthsocial.com, US President Donald Trump's speech on new tariffs has been approved by 76 percent people.US Tariffs News LIVE: Speaking to reporters, as quoted by CNBC, Mexican President Claudia Sheinbaum said on Wednesday that she expects to speak with Trump on Thursday.Till now, Mexico has not yet declared retaliatory tariffs on the US, though Sheinbaum said on Tuesday that those would be announced this weekend.US Tariffs News LIVE: At the World Trade Organization on Wednesday, Canada has requested consultations with the United States on 'unjustified tariffs', Reuters quoted Canada's Ambassador to the WTO in Geneva as saying."The U.S.
04.03 / 13:13
markets UPS Digital Experts RAI reports WHO says won't 'give up' as US aid funding cuts take toll
global health programmes but vowed to find a way to keep delivering to those in need. The United Nations health agency said it was still too early to determine the full impact of the freeze on foreign aid spending by the United States — traditionally the world's largest aid donor. But WHO spokeswoman Margaret Harris admitted that some programmes had clearly been affected, including the global measles surveillance network, which had been 100-percent funded by the United States.
28.02 / 14:51
markets Extreme President poverty country reports Schools US aid cuts having dire impact on Haiti's children, says UNICEF
More than 1 million Haitians, nearly 10% of the population, have been uprooted by years of conflict in which armed gangs have cemented control over much of the capital and surrounding areas. Services that benefited from U.S. funding, such as malnutrition screening for babies, will be cut, UNICEF said.
22.01 / 18:39
markets Strategy pandemic Experts PAM country The United States of America exits WHO again, orders Donald Trump. Ahead of the decision, health experts warn of danger
World Health Organisation. The White House issued a statement on Monday announcing this decision.
27.12 / 00:53
COST Adventure wellness Celebrity exclusive travelers Destinations From igloos to private islands: How India’s wealthiest explored the world in 2024
Subscribe to enjoy similar stories. New Delhi: India’s wealthiest always travel a bit differently, seeking out locations and experiences that are less explored. This year was no different, with travel agencies working hard at sending their clients away to explore new destinations from snow-capped mountains to private islands.
22.12 / 09:37
markets Aviat Airlines Software Sustainability Traffic International India has potential to be key sustainable aviation fuel producer, says IATA official
sustainable aviation fuel by utilising its ethanol supplies and availability of lipids feedstocks like non-edible industrial oils, according to a senior official at the global airlines' grouping IATA. With decarbonisation in focus, efforts are being made to reduce emissions and over the years, Indian carriers have operated some flights with a blend of Sustainable Aviation Fuel (SAF) and traditional Aviation Turbine Fuel (ATF). Hemant Mistry, Director of Net Zero Transition at the International Air Transport Association (IATA), said the ecosystem for SAF has developed but there is more work to be done.
15.12 / 09:03
markets Provident Digital Waters Software Fishing country India seeks strong WTO subsidy rules for high seas fishing
India also suggested that historical subsidisers should seek permission of the Committee on Fisheries Subsidies for grant of subsidies in future. The country has made these remarks in the meetings of the Negotiating Group on Rules (Fisheries subsidies), which are going on in Geneva.
07.12 / 16:17
Election WhatsApp reports UN special envoy for Syria calls for urgent talks in Geneva for 'orderly political transition'
Geir Pedersen, has called for urgent talks in Geneva to ensure an "orderly political transition" in Syria. Speaking to reporters at the annual Doha Forum in Qatar, he said the talks in Switzerland would discuss the implementation of a UN resolution that called for a Syrian-led political process.
29.11 / 20:07
economy wellness Trade President Fishing country reports Okonjo-Iweala given 2nd term as WTO chief as Trump's return looms over trade body's future
The World Trade Organization chief says she’s “eager” to work with U.S. President-elect Donald Trump and his trade team, while taking a wait-and-see stance about Trump’s plans to impose new tariffs on goods from other countries including China, Mexico ...
29.11 / 14:29
UPS Merit President Courts Investigations Relationships Swiss wealth manager Lombard Odier indicted for money laundering
Lombard Odier — one of Switzerland's oldest private banks — was indicted by Swiss prosecutors for «aggravated money laundering.»
24.11 / 16:41
markets Reuters Digital President cover reports Iran to hold big nuclear talks. What does this mean for USA?
Iran will hold talks about its disputed nuclear programme with three European powers on November 29, the Iranian foreign ministry said on Sunday, days after the U.N. atomic watchdog passed a resolution against Tehran, as per a report. Iran reacted to the resolution — proposed by Britain, France, Germany and the United States — with what government officials called various measures such as activating numerous new and advanced centrifuges, machines that enrich uranium, Reuters reported. Japan's Kyodo news agency, which first reported that the meeting would take place on Friday in Geneva, said Iranian President Masoud Pezeshkian's government was seeking a solution to the nuclear impasse ahead of the inauguration in January of U.S. President-elect Donald Trump.
22.11 / 22:59
UPS Manufacturing Diversity country Investigations Switzerland bars exports to Polish firm after Swiss-made ammunition ends up in Ukraine
The Swiss government says it is barring exports to a Polish military hardware supplier after concluding that some 645,000 rounds of Swiss-made small-caliber ammunition ended up in Ukraine in violation of Swiss law
18.11 / 00:59
markets UPS Analysis Election Research Trade War Emerging market bonds set to take some losses
local-currency bonds is souring as investors dump bets on interest-rate cuts, fears of a tariff trade war grow, and the dollar surges. A Bloomberg index of developing-nation local debt has tumbled 3.5% since the start of October, trimming the year's gain to less than 2%. The slide has accelerated since the election victory of Donald Trump, whose «America First» policies are seen as harmful for emerging markets, and whose economic agenda has pushed up the dollar and Treasury yields.
17.11 / 06:23
Election President War Battlefield Interviews peace Ukraine war likely to end more quickly under Trump, Zelenskyy says
Volodymyr Zelenskyy has said Ukraine must do all it can to ensure the war with Russia ends next year through diplomacy, commenting at a decisive moment after Donald Trump’s U.S. presidential election win and Russia’s grinding battlefield gains.However, Zelenskyy said Russian President Vladimir Putin was not interested in agreeing to a peace deal, and argued it was convenient for Moscow to sit down to talk while continuing to fight.“From our side, we must do everything so that this war ends next year, ends through diplomatic means,” Zelenskyy said in a Ukrainian radio interview aired on Saturday.Moscow’s ambassador to the U.N.
29.10 / 15:49
markets UPS Digital Manufacturing Strategy awards information India, Taiwan get time till Apr’25 to resolve ICT dispute at WTO
dispute settlement body (DSB) has accepted a request from India and Taiwan to further defer the adoption of the ruling against New Delhi’s import duties on certain information and technology products till April 25 next year. This is the fifth time the adoption of the ruling has been deferred. The two were earlier given time until September 19, 2023 then December 18, then April 26, 2024 and then October 31 to resolve the dispute regarding New Delhi’s import duties on certain information and technology products.

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