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World Swiss Voters Set to Reject Immigration Curb, Split on Jet Buying

15:25  27 september  2020
15:25  27 september  2020 Source:   bloomberg.com

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Broadcaster says projection based on partial results shows motion was defeated 63%-37%.

Swiss voters cast ballots on Sunday to vote on an initiative to limit the free movement of people and immigration from the European Union, a move which could heavily strain relations with the bloc. The referendum was initiated by the populist Swiss People' s Party (SVP), which says that the current

(Bloomberg) -- The Swiss are set to vote against a “worse than Brexit” immigration curb but are split over spending as much as 6 billion francs ($6.5 billion) on new fighter jets.

The immigration measure, which would have put Switzerland on a collision course with Brussels by limiting the number of newcomers from European Union countries, failed, with 63% voting against it, according to a projection published by public broadcaster SRF.

The vote on the fighter-jet purchase was too close to call, according to the projections. Polls in the lead-up had predicted the jets would get the go-ahead. The Swiss are also set to approve granting new fathers 14 days of paid leave.

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Swiss voters on Sunday decide a CHF6 billion funding packet to buy new fighter jets for the air force. This amounts to buying “luxury jets ” rather than cheaper but effective models: “It would be better to have a Fiat than a Maserati,” said Social Democrat parliamentarian Priska Seiler Graf.

Swiss voters cast their ballots on right-wing proposal to end free movement of workers between Switzerland and the EU. That vote threw Swiss -EU relations into disarray, with Brussels warning that any curbs on immigration by EU citizens would put a whole range of bilateral agreements at risk.

chart, bar chart: Close call © Bloomberg Close call

Swiss to Vote on Spending $6.5 Billion on New Fighter Jets

The government and business groups campaigned against the proposed immigration curbs, saying they’d have forced Switzerland to renege on an economically vital agreement with the EU that touched on issues ranging from immigration to transport and public procurement.

Justice Minister Karin Keller-Sutter told newspaper SonntagsZeitung in August that a cancellation would be “worse than Brexit.”

Yet the anti-immigration Swiss People’s Party has for years tried to crack down on the influx of newcomers, saying they depress locals’ wages and cause a housing shortage. Roughly a quarter of the country’s 8.5 million inhabitants aren’t citizens.

Fighter Jets

The government is keen to modernize the air force, with its current fleet reaching the end of service in 2030. It argues, it’s necessary to keep the country safe, including for when heads of state attend the World Economic Forum in Davos.

Critics argued fighter jets aren’t necessary for a small country in the heart of Europe, and that they won’t do much good in the face of threats like cyber-attacks or natural catastrophes.

For more articles like this, please visit us at bloomberg.com

©2020 Bloomberg L.P.

Triple Crown produces 3 different winners, likely no closure .
BALTIMORE (AP) More than two months after Tiz the Law blew away the field in the Belmont, Authentic fended off his charge and won the Kentucky Derby. Four weeks later, filly Swiss Skydiver challenged and beat Authentic in the Preakness. The Triple Crown races run out of order and later in the year produced three different winners and quite the competition for 3-year-old horse of the year. But it might be a long time - if ever - until that Tiz the Law, Authentic and Swiss Skydiver all run against each other in the same race.

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This is interesting!