
— The indicator has once again reached the level of July, i.e. the level prior to the US tariff increase on Swiss imports. "Overall, expectations have never been so positive since the beginning of the year. The Swiss economy is regaining momentum," said KOF. The recovery is particularly evident in the industrial sector.
— United States President Donald Trump has met with high-ranking representatives of Switzerland to discuss trade issues. Trump announced the talks on his Truth Social platform. It was initially unclear where and in what setting the meeting took place and who took part. The Swiss authorities did not initially provide any information on this either. At the beginning of August, Trump announced punitive tariffs of 39% on numerous Swiss products – one of the highest rates worldwide that the US has imposed on its trading partners.
— In Jamaica, the hurricane killed at least 32 people and caused an estimated $6 billion in damage The U.S. State Department has committed $24 million in disaster relief funding for the Caribbean islands.
— While the global temperature has risen by 1.3°C, the warming compared with the pre-industrial era has already reached 2.9°C in Switzerland. According to the researchers’ calculations, in a world with a temperature rise of 1.5°C, Switzerland would experience a rise of 2.9°C. The rise in temperature will even reach 4.9°C if the planet warms up by 3°C. These figures represent an increase of 10-15% compared with previous climate scenarios for 2018. According to the report, this warming will mean more heatwaves, more droughts, heavier rainfall and less snow.