Index Investing News
Saturday, May 23, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Swiss turn to right at election as immigration fears weigh By Reuters

by Index Investing News
October 22, 2023
in Stocks
Reading Time: 2 mins read
A A
0
Home Stocks
Share on FacebookShare on Twitter


© Reuters. FILE PHOTO: General view of the snow-covered mountains of the Bernese Alps, Eiger, Moench and Jungfrau, as seen from Bern, Switzerland October 28, 2020. REUTERS/Arnd Wiegmann

ZURICH (Reuters) -Switzerland looked set to shift to the right in national elections on Sunday, as concerns about immigration trumped fears about climate change and melting glaciers, though the vote is unlikely to change the make-up of the Swiss government.

The right-wing Swiss People’s Party (SVP), Switzerland’s biggest political party, increased its share of the vote to 29%, 3.4 percentage points higher than the last election in 2019, according to the final projection by Swiss broadcaster SRF.

The party campaigned on a platform of preventing the country’s population – currently at 8.7 million people – exceeding 10 million.

“We have problems with immigration, illegal immigrants, and problems with the security of energy supply,” said SVP leader Marco Chiesa. “We already have asylum chaos … A population of 10 million people in Switzerland is a topic we really have to solve.”

The projected result means the SVP will increase its number of seats by eight to 61 in the 200-member lower house of parliament, increasing its presence in the chamber where no party has an overall majority.

Rising health costs also looked set to benefit the left-wing Social Democrats (SP). Switzerland’s second-biggest party was poised to increase its share by 0.7 percentage points of the vote to 17.4%, increasing its representation by one to 40 seats.

In contrast, the Greens were expected to see their share of the votes fall by 4 percentage points to 9%, and lose six seats.

“The result means it will be more difficult for progressive issues or issues like the environment and sustainability,” said Cloe Jans from pollsters GFS Bern. “Politicians will feel less pressure from outside to push this agenda in the next four years after this result.”

The outcome is unlikely to change the make-up of Switzerland’s government, the Federal Council, where seven cabinet positions are divided among the top four parties, according to their share of the vote.

“The progressive zeitgeist of the four years ago has disappeared. After four years of crises, with coronavirus and Ukraine, people are more conservative than they were in 2019,” said Michael Hermann, a political analyst at pollsters Sotomo.

Still, he did not think the election would have a major impact on Swiss politics, with big issues like pensions still settled via referendums.



Source link

Tags: ElectionFearsimmigrationReutersSwissturnWeigh
ShareTweetShareShare
Previous Post

Bitcoin Daily Chart Signals Impending Sell-Off, Analyst Says

Next Post

Coinbase CLO Confident US SEC Will Approve Bitcoin ETF

Related Posts

Friday File: Portfolio Construction in a Time of Greed and Fear

Friday File: Portfolio Construction in a Time of Greed and Fear

by Index Investing News
May 19, 2026
0

Irregulars Quick Take Paid members get a quick summary of the stocks teased and our thoughts here. Join as a...

Berkshire shares trade lower even after Abel scores good marks at meeting, earnings jump

Berkshire shares trade lower even after Abel scores good marks at meeting, earnings jump

by Index Investing News
May 11, 2026
0

Greg Abel, CEO of Berkshire Hathaway, speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, May 2, 2026.CNBCBerkshire...

The S&P 500 Dividend Yield Just Hit An All-Time Low – Meb Faber Research

The S&P 500 Dividend Yield Just Hit An All-Time Low – Meb Faber Research

by Index Investing News
May 7, 2026
0

The S&P 500 dividend yield just hit an all-time low of 1.08%, the lowest since the 1800s. The prior low...

AbbVie tops quarterly expectations as newer immunology drugs offset Humira decline By Reuters

AbbVie tops quarterly expectations as newer immunology drugs offset Humira decline By Reuters

by Index Investing News
April 29, 2026
0

By Kamal Choudhury and Christy Santhosh April 29 (Reuters) - on Wednesday reported better-than-expected quarterly revenue and profit, fueled by...

What Would Your Retirement Look Like If You Started Investing at 18 vs. 28?

What Would Your Retirement Look Like If You Started Investing at 18 vs. 28?

by Index Investing News
May 3, 2026
0

10 years doesn’t sound like much. It’s the gap between graduating high school and turning 28. It’s the decade most...

Next Post
Coinbase CLO Confident US SEC Will Approve Bitcoin ETF

Coinbase CLO Confident US SEC Will Approve Bitcoin ETF

IND vs NZ ICC World Cup Head-to-Head: India vs New Zealand in ICC 50-over World Cup matches so far

IND vs NZ ICC World Cup Head-to-Head: India vs New Zealand in ICC 50-over World Cup matches so far

RECOMMENDED

Come Join Us in Huntington Beach!

Come Join Us in Huntington Beach!

September 10, 2022
Doomed Titan sub CEO’s spouse’s chilling query after sound of implosion is caught on video from assist ship

Doomed Titan sub CEO’s spouse’s chilling query after sound of implosion is caught on video from assist ship

May 23, 2025
DLTR, AMZN, FDX and more

DLTR, AMZN, FDX and more

June 21, 2023
Caterpillar Inc. 2024 This fall – Outcomes – Earnings Name Presentation (NYSE:CAT)

Caterpillar Inc. 2024 This fall – Outcomes – Earnings Name Presentation (NYSE:CAT)

January 30, 2025
Celtic’s Hyun-Jun Yang and Kilmarnock’s Lewis Mayo banned after red card appeals rejected by Scottish FA | Football News

Celtic’s Hyun-Jun Yang and Kilmarnock’s Lewis Mayo banned after red card appeals rejected by Scottish FA | Football News

March 5, 2024
Adapting Retail Actual Property to New Client Calls for

Adapting Retail Actual Property to New Client Calls for

December 4, 2024
Increase Your Rental Returns with These Excessive-ROI Renovations

Increase Your Rental Returns with These Excessive-ROI Renovations

September 21, 2024
to restart vehicle plants in Japan from Monday By Reuters

to restart vehicle plants in Japan from Monday By Reuters

January 7, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In