Taxing big fortunes too much could weaken the Geneva economy

A tax initiative of the far left submitted for vote on March 12 wants to tax all dividends from large shareholders. According to the initiators, the measure, which would affect approximately 1,600 Geneva taxpayers, should bring in an additional 150 million francs per year to public authorities. Geneva economic circles fear an exodus of large … Read more

Failure of the Republicans in the House of Representatives in the 1st round

It hasn’t happened for 100 years: elected members of the US House of Representatives closed their session on Tuesday without being able to elect a president. Strong tensions in the Republican ranks have plunged Congress into uncertainty. Great favorite to replace Nancy Pelosi, the fifty-year-old Kevin McCarthy had failed after three consecutive votes to appease … Read more

A Paléo like no other for Geneva’s Ramin&Reda and Flèche Love

At the Paléo we find international headliners, such as Sting and Angèle. But the festival also welcomes artists from Geneva, such as the DJ duo Ramin&Reda and Flèche Love. For both of them, this concert has a very special flavor. For Amina, alias Flèche Love, singing at Paléo is a bit like playing at home: … Read more

Villette (GE) and Ocybèle (F) STEPs: connection planned for 2023

The State of Geneva, Annemasse Agglo and the Geneva Industrial Services (SIG) provided an update on Thursday on the progress of the Villette STEP site. Started in 2018, large-scale works will be completed in 2023 with the connection of the Ocybèle WWTP, in Gaillard (F), for joint treatment of micropollutants. This cross-border collaboration will eliminate … Read more

Marks and Spencer returns to profit and exits Russia

The British chain Marks and Spencer announced on Wednesday that it had returned to profit during its staggered 2021/2022 annual financial year and completely left Russia, after ceasing its shipments there in the wake of the invasion of Ukraine. The British group specifies that it “recognized a charge of 31 million pounds (37.3 million francs)” … Read more

Elon Musk claims to have the means for a takeover

To get his hands on the tweeting social network, the whimsical billionaire of South African origin says he is ready to prune his personal fortune of more than 20 billion dollars. (archive) Photo: KEYSTONE/AP/Matt Rourke – – Tesla boss Elon Musk said on Thursday that he was considering going directly through Twitter shareholders to buy … Read more

an NGO has hundreds of bullet-proof vests stolen

The New York police had offered hundreds of bulletproof vests to Ukraine (Illustration photo). Photo: KEYSTONE/AP/JOHN MINCHILLO – – A non-governmental organization of Ukrainian Americans has had 300 to 400 bullet-proof vests donated by police officers stolen and intended to be sent to Ukraine, New York police and the association announced on Thursday. A ‘burglary’ … Read more