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When Credit Switzerland hired your mortgages without saying it ….

When Credit Switzerland hired your mortgages without saying it ….
When Credit Switzerland hired your mortgages without saying it ….

New revelations on the WEF and its ex-director Klaus Schwab, but also on the practices of Credit Suisse before his bankruptcy, as well as the strong criticisms on the procedure for consulting the package of agreements with the EU set up by the DFAE make titles of the Sunday press.

Here are the headlines in the Sunday press.

Despite the financial losses, Credit Suisse continued to distribute dividends and bonus and continued its share buybacks. (archives).

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Credit Suisse has pledged mortgages without warning its customers

Credit Suisse had secretly pledged part of his mortgage activities to investors to obtain emergency liquidity, reveals the Sonntagszeitung, citing documents from procedure at the Zurich Commercial Court.

Mortgage activity has been transferred to a special company as a guarantee, without the customers being informed. The bank had already suffered from such financial difficulties since 2015, that even capital increases had not resolved. And despite the financial losses, Credit Suisse continued to distribute dividends and bonus and continued its share buybacks.

When the bank was threatened to see its obligations relegated to rotten bonds, management attempted to prevent the publication of information, which would have forced it to inform customers of the transfer of their mortgage.

Millions for Davos? The Greens attack wef subsidies

The president of the Green-Es, Lisa Mazzone, demands in the Sonntagsblick the judgment of federal subsidies at the World Economic Forum (WEF).

The Confederation contributes 2.55 million francs to security costs. The WEF is “an anti-democratic meeting of super-rich, which should not be subsidized by taxpayers’ money,” says Ms. Mazzone.

It offers to use the amount to organize a conference on multilateralism in Bürgenstock (NW). The President of the Green-Es announces the deposit in the Federal Parliament of a motion going in this direction. “The whole world would take advantage of it and not just Davos’ economic elite.”

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04.05.2025

Internal investigation at the WEF: Schwab ready to cooperate … under conditions

Despite the bibes with the Foundation Council of the World Economic Forum (WEF), which opened an investigation against it for financial irregularities and abuse of power, the former president of the Wef Klaus Schwab wants to become honorary president of the organization, reports the Sonntagszeitung.

He says he is ready to accept and publish the results of the investigation carried out by the cabinet Homburger, in return for a limitation thereof to the new accusations and to close it within one year. Until then, Mr. Schwab wishes to continue to play an advisor’s role.

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Peter Brabeck would keep the presidency AD Interim and Mr. Schwab would no longer exercise operational influence. In the event of refusal, Mr. Schwab, founder of the WEF, threatens to claim the reimbursement of financial claims that he still has. The WEF indicates, however, in the NZZ Am Sonntag which it refuses to pay any a posteriori compensation.

TV fee: Serafe applies its new recovery strategy

The number of proceedings for non-payment of the radio-television fee doubled between 2023 and 2024, reports the Sonntagsblick.

Last year, 112,448 proceedings were initiated. The increase is due to a new recovery procedure. After initial problems related to errors in addresses, the Federal Communication Office (OFCOM) had ordered the operator Serafe not to initiate prosecution at first.

But as the problem has been reduced in the past two years, the company can take the costs itself for the introduction of a collection procedure (5 francs per recall, 20 francs per case of prosecution). Serafe’s benefit went last year from 3.1 to 5.9 million francs, according to the newspaper.

Procedure under tension: the parties unite against the DFAE

The national councilor Alfred Heer (UDC/ZH) intends to ask the National Council Management Commission (CDG) to look at the legality of the consultation procedure of the Package of Agreements made with the European Union (EU), writes the Sonntagsblick.

The Federal Department of Foreign Affairs (DFAE) has decided to authorize a limited number of parliamentarians to have access to agreements, under very strict conditions. “The Federal Council cannot simply train small groups, which is not provided for in the law on parliament”, thunders Mr. Heer in the newspaper.

Such a procedure for consulting the agreements is also not judicious, affirms the Zurich UDC, because the quantity of documents is too large to be examined seriously in a single session. The procedure implemented by the DFAE is criticized by all parties.

Osteoporosis: prevent rather than cure, a public health issue

Experts advocate a systematic screening for osteoporosis in Switzerland, a call relayed by the morning on Sunday.

This disease, very frequent in particular in women after menopause, costs three billion francs a year. “In people’s heads, it’s normal for bones to break because you fall or because you get older. But this development is not inevitable, ”says Olivier Lamy, head doctor at the interdisciplinary center of bone diseases from the Vaud University Hospital Center (CHUV).

“Prevention would be quite simple if a systematic screening of osteoporosis as a measure of bone mineral density (DMO) from menopause in women and from 60 years in humans was reimbursed” by health insurance. According to him, with an examination of 100 francs and the treatments available, it is possible to halve the risk of bone fractures.

One in six Swiss has already come close to drowning

17% of adults in Switzerland almost drowned or was afraid of drowning, says the NZZ AM Sonntag, taking over a survey by the GFS research institute.

In most cases, it was a fear of drowning, but, in 1% of cases, the person had to be resuscitated and, in 3% of the cases, he lost consciousness for a short period. “These figures show how important it is that the population knows not only to swim, but also to assess the dangers realistically,” the spokesperson for the Swiss Rescue Society (SSS), Christoph Merki said in the newspaper.

The SSS warns against a decline in skills in matters of swimming. In 2024, 8% of Swiss declared that they could not swim, compared to 6% in 2016.

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