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swiss news highlights economic shifts political nominations and charity efforts

Switzerland faces significant developments as SGS plans to relocate its headquarters from Geneva to Zug, citing high construction costs and better transport links. Meanwhile, UBS reports a surprising profit of $5.1 billion for 2024, following its acquisition of Credit Suisse, while Swiss Solidarity raised 34.4 million francs for various humanitarian efforts. In politics, the Center's all-male ticket for the Federal Council election has sparked criticism for its lack of gender diversity.

SVP shifts stance on widow's pension reform amid grassroots backlash

Marcel Dettling, president of the SVP, has reversed the party's stance on widow's pension reform, now seeking a deal after grassroots backlash. He proposes raising the AHV ceiling for married couples in exchange for adjustments to widows' pensions, emphasizing the need to protect marriage. This shift reflects a broader reconsideration of the SVP's social policies amid changing voter sentiments.

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.
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