Switzerland may be one of the world’s richest nations but as many as one resident in 13 lives in poverty, official data showed on Tuesday.
The Swiss government sees the Philippines as a strategic and important artner in its diversification strategy, which will see the European country further boosting its trade and investments in the country, being identified as one of the leading emerging markets in Asia.
A high-level government delegation from Switzerland, along with a number of Swiss companies, is set to arrive in the country on July 14, to explore potential economic cooperation projects that could boost trade and investment ties between the two countries.
A bizarre scandal is swirling around one of Switzerland’s leading wine producers after he was arrested last week along with a computer hacker, a detective and a spy.
A Swiss court has ordered a Russian billionaire to pay more than $4.5 billion to his ex-wife in what could become the biggest divorce settlement in history.
