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Swiss stock market plunges 4.15 percent

The Swiss stock market plunged 4.15 percent in Thursday afternoon trade in a broad global sell-off driven by fears the global economic risked falling into recession.

Big brother is watching Switzerland

Big brother is watching Switzerland

Swiss cities and national train operator (SBB) are planning a massive extension of public surveillance systems by installing more closed-circuit television (CCTV) cameras in public areas.

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Switzerland recalls ambassador to Syria

Switzerland has decided to recall its ambassador to Damascus for consultations in protest at Syria's crackdown on protestors, the foreign ministry said on Thursday.

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Cement giant Holcim sees profits drop on strong franc

Swiss cement giant Holcim said on Thursday its 2011 first half net profit fell by 4.2 percent to 586 million francs ($735.3 million), due to the franc's strength.

Swiss to spend 2 billion to counter strong franc

Swiss to spend 2 billion to counter strong franc

The Swiss government said on Wednesday it would spend two billion francs ($2.5 billion) to counter the impact of the strong franc on the domestic economy.