Tag Archives: total

Switzerland- Theft hit a record low in 2020 but violent crime is on the rise | Instant News


(MENAFN – Swissinfo) The total number of criminal offenses reported in Switzerland in 2020 fell slightly compared to the previous year, national statistics show. But the police remain busy ensuring residents respect the government’s Covid-19 restrictions.

Content published March 22, 2021 – 11:19 March 22, 2021 – 11:19 swissinfo.ch/ug View in other languages: 1

Theft fell by nearly 10% compared to 2019 to around 33,000 cases. This is in line with the ongoing downward trend. However, the number of violent crimes reported to the police, including murder, rape and serious physical assault increased by nearly 9% to 1,668 over the same period.

The figures are compiled annually are published by the Federal Statistical Office and the regional police External link service.

Nearly 24,400 online violations were also reported last year, according to police crime statistics.

More than 16,000 cases involved cyber fraud, particularly related to online shopping, real estate advertising and romance scams, the office said in an External link statement on Monday.

The commander-in-chief of Swiss police, Mark Burkhard, welcomed the drop in overall crime reported.

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However, he noted that enforcing anti-Covid restrictions remains a challenge for the police.

He warned not to underestimate the police’s efforts in this area, even though it is not shown in the annual statistics.

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Are you traveling to Tamil Nadu? Here are the new travel guidelines for all passengers | Instant News



In light of the increase in COVID-19 cases, Tamil Nadu’s Department of Health and Family Welfare has issued new travel guidelines for domestic and international passengers. Business travelers who come to Tamil Nadu for a short trip of 72 hours or less than three days are now exempt from home quarantine. The e-pass is mandatory for all international passengers and domestic travelers, except those from the neighboring states of Pondicherry, Karnataka and Andhra Pradesh. According to the latest guidelines, all passengers from the UK, South Africa and Brazil, with Tamil Nadu as their final destination, should give their samples for testing before leaving Tamil Nadu airports, even if they have tested negative for the coronavirus at other Indian airports upon arrival in the country. All passengers from Europe and the Middle East (other than UK, Brazil and South Africa) must submit the Self-Report Form (SDF) for COVID-19 on the Air Suvidha portal before planned trip to India and must declare their travel history (14 days prior to arrival). They must do an RT-PCR test and carry the negative COVID-19 test report before departure. The test should have been carried out within 72 hours before departure for India and uploaded to the portal www.newdelhiairport.in.In its government decree of February 24, the government of Tamil Nadu updated the travel guidelines for domestic and international passengers who choose to travel to the state. In accordance with guidelines released last month, people traveling to Tamil Nadu from other states and Union Territories (except Kerala and Maharashtra) should monitor their health for 14 days from the date of ‘arrival. People coming to Tamil Nadu from Kerala and Maharashtra are required to undergo a seven-day home quarantine and monitor their health based on symptoms. Symptomatic passengers will be subjected to a COVID-19 test. In August last year, Tamil Nadu issued an order exempting all business passengers entering the state for a 72-hour short stay from quarantine standards to help boost business in the state after months of total lockdown. As of Saturday, Tamil Nadu recorded 526 new cases of COVD-19, including 243 patients who tested positive in Chennai. The state witnessed the discharge of 560 patients. However, four patients succumbed to COVID-19. The Tamil Nadu government tested 54,864 people on Saturday. .



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Petro Rio buys shares of the Brazilian oil block from Total | Instant News


French oil and gas company Total logo seen on Rueil-Malmaison, near Paris, France, March 2, 2021. REUTERS / Benoit Tessier

RIO DE JANEIRO (Reuters) – Brazilian oil company Petro Rio said on Thursday that it had bought a 28.6% stake in the Wahoo oil field off Brazil’s coast from France’s Total SA, increasing its stake in the area.

That increased Petro Rio’s total ownership in the block to 64.3%, after buying shares from BP last year.

Petro Rio said that in the securities filing, Wahoo had the potential to produce more than 140 million barrels.

The company expects $ 800 million in capex related to the development of the Wahoo field.

Reporting by Marta Nogueira; Written by Jake Spring

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Switzerland- How fly farming gives new value to food waste | Instant News


(MENAFN – Swissinfo) Black soldier fly larvae are able to digest large amounts of organic waste, while simultaneously producing animal feed, biofuels and fertilizers without consuming raw materials.

This content is published on 16 January 2021 – 10:30 16 January 2021 – 10:30 Armando Mombelli

A journalist originally from Ticino and the Grisons, I am primarily concerned with federal politics, business, energy and innovation.

More on the author | Italian Department

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Startup TicInsect, based in the southern Swiss region of Ticino, plans to set up Switzerland’s first bio-waste treatment plant, where several hundred million of these voracious insects will work.

Most of us may wonder what flies are for, especially when they are constantly buzzing in front of our noses and don’t stop bothering us. Believe it or not, these insects can perform very useful tasks for us such as making a significant contribution to reducing resource waste, deforestation and climate change. They can be valuable allies in creating a circular and sustainable economy.

Accelerated biological conversion

The pesky flies can recycle, cleanly and efficiently, a large amount of food waste generated by industry, households and agriculture.

Nearly three million tonnes of organic waste are generated in Switzerland every year. In the absence of a suitable separate collection system, most end up in incinerators. Getting rid of material with high nutritional and energy value is not only a waste but an economic mistake, ‘said Elisa Filippi, founder and CEO of TicInsect.

Filippi, who has a degree in animal production science, opened a laboratory in the Italian-speaking city of Tesserete last year with the aim of showing how organic waste can be managed and processed in new ways. The workers at this pilot plant are tens of thousands of black army fly larvae, a variety that is highly resistant to disease, cold and other environmental factors, and easy to handle and accustomed to living in crowded conditions wherever they find them. organic matter. The larvae are very greedy and can eat pizza in a matter of a few hours.

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Cushman & Wakefield: The Impact of COVID-19 on Swiss Real Estate | Instant News


The COVID-19 case count was out of control so the Federal Government decided to take further action. The number of customers per square meter in shops has been reduced, there is a two-household rule for private meetings and restaurant visits, and now there are various restrictions for ski resorts. In addition, the Federal Government continues to advocate working from home.

Housing

Net yields for Swiss residential properties have remained stable during the COVID-19 pandemic. Vacancy rates in major cities such as Zurich and Geneva remain very low with stable average rental prices of CHF / sq m 330 in Zurich and CHF / sq m 370 in Geneva. Interest rates are expected to remain low until at least the end of 2021, which makes residential properties in sought after locations still a profitable investment for pension funds, other institutional investors, and wealthy private investors.

Office

The office markets in Zurich, Geneva and Basel remained stable during 2020. Prices fell slightly in the middle of 2020 but jumped again towards the end of the year. The vacancy rate in Geneva remained the same (5%), office space in Basel increased slightly from 1.8% to 2.2% and in Zurich the vacancy rate fell from 1.4% to 1.1%. The median rent per square meter is CHF 360 in Zurich, CHF 240 in Basel and CHF 470 in Geneva. In suburban locations and locations with weaker infrastructure, the impact of COVID-19 is visible. Economic prospects as well as the increasing demand for a modern work environment make this location less desirable. Potential tenants at peripheral locations are very price sensitive, which causes prices to drop.

Retail

The rental price for retail space on the Zurich highways increased to CHF / m2 440 from CHF / m2 400 at the start of the year. Retail properties in the cities of Basel, Lausanne, Berne and Geneva also saw a slight increase in rental prices. Non-food retail spaces that are located within walking distance of the highway and on the outskirts are experiencing a decrease in demand resulting in lower prices.

In short, the demand for real estate with stable cash flow in a good location remains high among Swiss investors. Net yields for residential, CBD offices and highway retail properties were almost unchanged. The results for offices and retail in secondary locations have increased markedly.

October 29

The number of new COVID-19 cases has increased almost exponentially over the past few weeks, and to date, the federal government in Switzerland has decided on some additional measures that will have a drastic impact on everyday life.

Meetings in public spaces and private events are now limited to 15 and 10 people, respectively, and masks have to be worn almost everywhere.

Sports and cultural activities are limited to some extent which makes them largely impossible. Nightclubs must be closed and there is a curfew from 23.00 to 6.00, universities should switch to distance learning, and working from home is strongly recommended.

The appetite for real estate investing remainshigher, also driven by Swiss pension funds and insurance companies whose cash surpluses increased during the first lockdown.

We’ve seen a lot of traction on transactions related to property types including:

  • residence;

  • mixed use; and

  • commercial / industrial including development.

Investors still look at the core office, but currently there are only smaller properties on the market. We expect most of the ongoing deals to close before the end of the year – now that being used to the pandemic situation most investors have experience on how to deal with it.

The demand for office space from occupants fluctuates, with some companies still securing large spaces for the foreseeable future, while others are now focusing on more flexibility.

August 19

The pandemic COVID-19 outbreak caused the most serious decline in economic activity in Switzerland in more than four decades. Although there are signs of easing in the business situation, there is still a measurable drop in demand.

Swiss economic development will continue to depend on the pandemic. In the updated scenario, the leading Swiss Institute of Economics predicts that output will shrink by 4.9% this year, based on the assumption that the possible increase in new infections in the winter months can be contained.

However, the Swiss economy weathered the crisis relatively well compared to other European countries, with the GDP growth rate for 2021 estimated at 4.1%. Residential real estate and certain core products are crystallizing as safe havens for investors, and the importance of new asset classes such as Data Center be elevated.

August 5

Switzerland has had very few new COVID-19 cases since mid-May, so by June most of the restrictions had been lifted. As the number of cases increased slightly in July, it is mandatory to wear masks on public transport and self-quarantine for ten days after entering Switzerland from high-risk areas. Business continues as usual.

The corporate invaders are bringing people back to their offices (with and without social distancing) and there is debate as to whether they will try to reduce their existing footprint. While we have several examples of companies placing excess space in the market, this appears to be related to the difficult economic situation and decreased business turnover compared to implementing alternative workplace strategies.

Office and retail activities are on the rise again as tenants with expired leases are looking for attractive opportunities. Even with slightly less than usual demand, due to low supply, the main German-speaking Swiss centers show a paradoxical increase in market rents in certain sub-markets (eg Zurich CBD). However, the disparity in office vacancy rates and market rental rates is expected to widen between city and suburban locations.

The funding situation of Swiss institutional investors has not changed, and they are still looking to invest in both core and core + real estate with a home bias. The big deal that started before COVID is now continuing, with the sale of the 53,000 square meter Glatt Center in Zurich and other significant deals having been announced recently.

23 April

Last Thursday, the Federal Council announced plans for a ‘way back’ to a ‘new normal’:

  • April 27: some shops can be reopened, such as: hairdresser, DIY / garden center, flower shop

  • May 11: all retail stores can be reopened, schools too

  • June 8: the university will reopen, as well as a museum and zoo

The borders are still more or less closed, people are still told to stay at home and work from home. There is no set date for reopening the restaurant, bar, coffee shop and sports facilities. This says about 75% of Swiss companies are still working normally.

The commercial real estate market began to react to the economic slowdown. Landlords with restaurants and shops in their portfolios face a lot of pressure to reduce rents or even waive rents. We see that the retail real estate sector and the hospitality and leisure industry are temporarily near ‘dead’. In the office market, we see transactions go further as if nothing has changed and others are delayed or even stopped. In the investment market we see that the transaction process has not started, some are postponed, some transactions are still closed.

April 16th

Since last week, lock entry Switzerland has extended to 26 April. Schools, universities, shops (grocery store, gas station still open) and restaurants remain closed.

April 9th

In Switzerland, the lockdown was announced on March 13. Schools, universities, shops (grocery store, gas station remain open) and restaurants are closed at least until April 19. People were told to stay at home. Offices, construction sites and factories are still functioning – although everyone is asked to work from home whenever possible.


The authorities have developed several packages to try to help those affected by the actions being taken by the Federal Council (Bundesrat). As:

  • Loan

  • short working time for all sectors

The commercial real estate market began to react to the economic slowdown. Landlords with restaurants and shops in their portfolios face pressure to reduce rents or even waive rents – at least until the end of the closure.

Although some landlords are already facing difficulties obtaining leases for commercial space, the real estate industry has not reacted so far.

There is no clear vision for the future, but the retail sector appears to be ‘dead’ for now, especially as all shops are closed now.

There is also uncertainty in the office market. Some transactions are running as normal while others have been postponed or even stopped completely.

In the investment market we see transaction processing not starting, some being delayed, some being closed. The pricing still looks quite high and unchanged.

Denial

Cushman & Wakefield plc publish this content on January 14, 2021 and take full responsibility for the information contained therein. Distributed by the Public, unedited and unaltered, at 14 January 2021 20:37:02 UTC

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