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Would a higher tax on the world’s top earners make a difference? Would a higher tax on the world’s top earners make a difference? Would a higher tax on the world’s top earners make a difference?
According to a new report from the Geneva-based International Labour Organization, a worker in the top 10 percent earns 7,445 U.S. dollars per month, while a worker in the bottom 10 percent earns just 22 dollars. But as billionaires like George Soros and Abigail Disney call for a wealth tax on the superrich, the ILO’s Steven Kapsos argues that the wage gap is the real issue.
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Martina Fuchs
Would a higher tax on the world’s top earners make a difference?
According to a new report from the Geneva-based International Labour Organization, a worker in the top 10 percent earns 7,445 U.S. dollars per month, while a worker in the bottom 10 percent earns just 22 dollars. But as billionaires like George Soros and Abigail Disney call for a wealth tax on the superrich, the ILO’s Steven Kapsos argues that the wage gap is the real issue.
Martina Fuchs
Dreifuss on Switzerland’s war on drugs: “We are at risk”
According to the research company Global Drug Survey, cocaine can be delivered faster than pizza in Switzerland. And yet former Swiss president and chair of the Global Commission on Drug Policy Ruth Dreifuss says the country hasn’t failed in its war on drugs. She does, however, see the need to ramp up the fight against money laundering and criminal organizations.
Martina Fuchs
“The WTO has lost a lot of standing,” says HSG professor Evenett
G-20 leaders are discussing ways to revive the Geneva-based World Trade Organization and ease trade tensions at this week’s summit in Japan. A new report by the Global Trade Alert at the University of St. Gallen says governments overall have lost over a trillion U.S. dollars in trade. One of the report’s authors, HSG professor Simon Evenett, addresses the WTO’s future and the role Switzerland can play to help improve global trade relations.
Martina Fuchs
A new ILO treaty looks to solve global workplace abuse
On its 100th anniversary, the International Labour Organization says its work is as urgent and relevant as when it was created back in 1919. Greg Vines, deputy director general for management and reform, hopes a treaty to be signed at its annual conference in Geneva this week will tackle the most urgent workplace issues around the world.
Martina Fuchs
MeteoSwiss: Money can’t buy climate change halt
Money can’t stop climate change and extreme weather events from happening in Switzerland, Peter Binder of national weather provider MeteoSwiss warns at the 2019 World Meteorological Congress in Geneva. “We will experience more hot nights” and “more frequent droughts.”
Martina Fuchs
Space technologies to become more affordable, says pioneer Ansari
Anousheh Ansari, the first female private space explorer, believes that in the next 50 years, humans “will have a settlement on the moon.” At the AI for Good Global Summit in Geneva, Ansari, also CEO of the XPRIZE Foundation backed by Elon Musk, says that she thinks space business will flourish.
Martina Fuchs
Swiss banks absent from new UN sustainability initiative
The United Nations Environment Programme (UNEP) Finance Initiative looks to better embed sustainability in bank operations to help tackle global warming. There are already more than 2,000 global signatories representing more than USD 80 trillion in assets. But out of the 80 banks that have given their support so far, none of them are Swiss. Eric Usher, who heads the initiative, says he has “high expectations” that they will join the mix before its launch in September.
Martina Fuchs
Why eco-friendly Switzerland needs to clean up its plastic trash
The European Union’s law to ban single-use plastic items will come into effect in 2021. But the Swiss government is reluctant to take similar steps to fight plastic waste. Bruno Pozzi, the new director at the UN Environment’s Europe Office, says the choice is ours.
Martina Fuchs
Using blockchain to rebuild consumer trust in the food industry
Food giants like Nestlé and Unilever use IBM’s Food Trust blockchain, a digital system for tracking and tracing foods, to find contamination in their supply chains. But Kazuaki Miyagishima, director at the Department of Food Safety at the World Health Organization, is concerned that small food companies don’t have access to such technologies.
Martina Fuchs
UNCTAD wants to turn women from e-shoppers into digital changemakers
The new eTrade for Women Network launched by United Nations Conference on Trade and Development in Geneva aims at closing the digital gender gap. “This can become a global powerhouse,” says the network’s coordinator Candace Nkoth Bisseck.
Martina Fuchs
“There is no planet B,” says student group at the UN in Geneva
Young students from around the world participated in the Geneva International Model United Nations (GIMUN) 2019. They simulated the negotiation processes of the actual UN. But the students say that it’s more than just a game. Find out how these youth delegates plan to take climate change action to another level back home.
Martina Fuchs
NGO hopes to set Swiss business practices abroad straight
For the past 50 years, Public Eye has monitored the business practices of Swiss companies abroad. The Responsible Business Initiative in 2020 could be a game changer, and the NGO’s Andreas Missbach says the fight will be between big campaign money and grassroots activists.
Martina Fuchs
Can this UN body force Swiss companies to change how they do business?
The Global Compact Network Switzerland, a UN body, says Swiss companies need to be responsible when doing business globally. But until the Swiss government passes legislation, can real change happen? Executive Director Antonio Hautle hopes corporate conscience is enough for now.
Martina Fuchs
Why the World Wide Web “needs fixing”
The WWW was born in Geneva in 1989 and celebrates its 30th anniversary this year. But with issues such as data privacy and censorship “it needs fixing,” says Bruno Giussani, president of the Geneva International Film Festival and Forum on Human Rights (FIFDH), which is tackling this topic in its 2019 edition.
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