Calmy-Rey’s retirement gets mixed reaction

Calmy-Rey’s retirement gets mixed reaction

Swiss president Micheline Calmy-Rey’s impending retirement has elicited mixed reaction from the Swiss press, with some eulogizing an “edgy leader”, while others branded her a destructive “pain in the neck”.

Zurich seeks loan for drive-in sex stalls

Zurich seeks loan for drive-in sex stalls

A Zurich city council committee has agreed to seek a 2.4-million franc loan ($2.8m) to build a new red light district where punters can meet prostitutes at purpose-built stalls away from the city centre.

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‘Unique situation’ led to Swiss franc move: US

Switzerland has been "disproportionately" affected by volatility on the foreign-exchange market due to the eurozone's financial crisis, a US official said Wednesday.