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documentary explores the rise and fall of credit suisse in zurich premiere
The documentary "Game Over - The Fall of Credit Suisse" premiered in Zurich, showcasing the bank's dramatic collapse. Directed by Simon Helbling and based on investigative work by Arthur Rutishauser, it features exclusive interviews and insider accounts, revealing the depths of a major financial scandal. The film will hit Swiss cinemas on March 27, 2025, accompanied by a book and a round-table discussion featuring notable figures from the banking sector on April 2, 2025.
tenants association pushes for rent controls amid ongoing homeowner opposition
The Swiss electorate has rejected two rental proposals aimed at tightening subletting rules and making lease terminations easier for personal use, marking a narrow victory for tenants. In response, the tenants' association plans to launch a popular initiative for rent controls and regular monitoring, while homeowners prepare further parliamentary initiatives. The ongoing dispute over rental regulations is set to continue, with both sides gearing up for future battles.
Debate intensifies over rental law reforms and tenant protections in Switzerland
On November 24, voters will decide on two contentious rental proposals aimed at tightening subletting rules and easing tenant terminations for personal use. SP Vice-President Jacqueline Badran criticized the bills as attempts to facilitate evictions, while proponents argue they address rising abuses in the rental market. Notably absent from the debate was Economics Minister Guy Parmelin, who distanced himself from the proposals, labeling them as unnecessary parliamentary initiatives.
debate intensifies over proposed changes to commercial subletting laws
Parliament's proposed rental law revisions are causing concern among commercial tenants, who warn of negative impacts from stricter subletting rules, including a two-year limit. While the Swiss Trade Association supports the changes to curb abuses, critics argue it undermines existing legal certainty and could lead to landlord exploitation.
socialist party advocates nationalization of sandoz and removal of debt brake
The Socialist Party has proposed the nationalization of Sandoz, advocating for its purchase by the Confederation to ensure a stable supply of essential medicines amid a growing shortage. Additionally, the party aims to abolish the debt brake, arguing it exacerbates societal divisions, and has called for increased support for victims of gender-based violence. Co-president Cédric Wermuth emphasized solidarity with all victims of the Middle East conflict, advocating for peace and coexistence.
UBS housing project sparks tenant protests and concerns over gentrification
In Zurich's Wiedikon district, UBS plans to demolish the Heuried-Küngenmatt housing estate, displacing long-term residents like Liliane Forster and Daniel Naef, who face unaffordable new rents. Critics, including politicians and tenant advocates, argue that this reflects a troubling trend in the Swiss real estate market, prioritizing profit over affordable housing. They call for a shift in focus towards social sustainability and tenant rights amidst growing concerns over gentrification.
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