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Mercedes Ruehl

@mjruehl.bsky.social
2.5K followers 248 following 48 posts

Switzerland and Austria correspondent for @financialtimes.com based in Zurich, via Singapore and Hong Kong. ft.com/mercedes-ruehl Get in touch: Mercedes.Ruehl@FT.com

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Reposted by Mercedes Ruehl
Henry Foy @henryjfoy.ft.com · 18/06/2026
💥 The EU should use “momentum” around Ukraine peace talks & push ahead with attempts to talk to Putin, Austria’s chancellor told FT Stocker “supports very much” nascent talks & urges other EU leaders to endorse them. “Wars end not with weapons, but with successful diplomacy" w @mjruehl.bsky.social
as.ft.com
Europe should speak to Putin, says Austrian chancellor
Christian Stocker tells FT that there is ‘momentum’ around Ukraine peace talks
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Henry Foy @henryjfoy.ft.com · 08/06/2026
We’re not saying we change from one horse to the other, but [if] one horse is not fast enough . . . let’s try [to] find a second horse” Switzerland weighs Franco-Italian air defence system in response to 5-year delay on US Patriot deliveries @mjruehl.bsky.social as.ft.com/r/ffb7cb56-9...
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Switzerland weighs Franco-Italian alternative to US air defences
SAMP-T emerges as strong option for Bern as Raytheon’s Patriot system deliveries delayed for at least 5 years
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Mercedes Ruehl @mjruehl.bsky.social · 18/05/2026
Tear gas and fist fights overshadow Swatch and Audemars Piguet’s ‘Royal Pop’ launch as.ft.com/r/442c9180-2...
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Tear gas and fist fights overshadow Swatch and Audemars Piguet’s ‘Royal Pop’ launch
Debut of much-anticipated watch collaboration descends into chaos as customers scuffle in cities from Paris to New York
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Mercedes Ruehl @mjruehl.bsky.social · 12/05/2026
The billionaire Hayek family that controls The Swatch Group thwarted a fresh attempt by US activist investor Steven Wood to win a seat on its board, despite strong backing for his candidacy from minority shareholders. as.ft.com/r/a04001b8-a...
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Hayek family defeats activist investor’s latest push to join Swatch board
Watchmaker’s controlling shareholders use dominant voting stake to block Steven Wood’s fresh bid to win seat
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Christopher Miller @christopherjm.ft.com · 03/05/2026
‘I’m fighting two wars. One against the Russians. And one inside myself.’ Ukraine is reshaping warfare through its use of drones. Yet human operators remain at the controls. For @ftweekend.com, I profiled one Ukrainian FPV drone pilot to examine the personal costs. www.ft.com/content/95f5...
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Tony Tassell @tonytassell.bsky.social · 24/04/2026
Swatch and its approach to critics is fascinating. Great @mjruehl.bsky.social column here on some investors are questioning its governance www.ft.com/content/bea6...
ft.com
Swatch’s governance under watch by investors
Fresh push by shareholder activist raises debate over board
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Mercedes Ruehl @mjruehl.bsky.social · 14/04/2026
The entrepreneur behind the Micro scooter craze that took the world by storm is taking on the Swiss government over climate benefits that exclude his latest venture — the Microlino electric “bubble car”. as.ft.com/r/c64dfeee-6...
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Swiss bubble-car maker cries foul over incentives limited to large EVs
Micro scooter founder pushes for court case over emissions regime he says disadvantages his Microlino two-seaters
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Mercedes Ruehl @mjruehl.bsky.social · 13/04/2026
Switzerland’s “marriage penalty”: Why being married can cost you thousands more in taxes as.ft.com/r/bba7a64c-5... The price of marriage in Switzerland
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The price of marriage in Switzerland
Social conservatism in this otherwise egalitarian country extends to tax penalties for couples who both work
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Dan McCrum @mccrum.bsky.social · 10/04/2026
Breaking news: Another very rich and once powerful man discovered that he can't bully the FT
ft.com
Crispin Odey abandons £79mn libel case against the FT over sexual misconduct claims
The FT had said 15 women were willing to testify in court against former hedge fund boss
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Rahel Freiburghaus @rfrbrghs.bsky.social · 09/04/2026
Here is the big read by @mjruehl.bsky.social from @financialtimes.com! Highly recommended! And heartfelt thanks for the very productive collaboration. Deeply impressed by @data.ft.com data visualization team as well www.ft.com/content/d9c3...
ft.com
Switzerland’s referendum habit: an early warning to Europe?
As the country considers capping its population, the drawbacks of direct democracy are up for debate
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Mercedes Ruehl @mjruehl.bsky.social · 22/02/2026
as.ft.com/r/37f77fb1-0... Palantir sues magazine that revealed Switzerland rejected its approaches With @rafeuddin.ft.com
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Palantir sues magazine that revealed Switzerland rejected its approaches
[FREE TO READ] Peter Thiel-chaired data intelligence group alleges that Republik did not give it sufficient right to reply
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Henry Foy @henryjfoy.ft.com · 19/02/2026
Christine Lagarde’s long-whispered move from the ECB to run the WEF is no longer a “foregone conclusion”, sources tell @financialtimes.com, as Trump’s Maga-fication of Davos scramble its succession plans. With the magnificent @mjruehl.bsky.social & @olafstorbeck.ft.com as.ft.com/r/780b0964-2...
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Christine Lagarde’s move to run World Economic Forum not a ‘foregone conclusion’
[FREE TO READ] Upheaval at Davos changed calculus on finding permanent chair, according to people familiar with discussions
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Mercedes Ruehl @mjruehl.bsky.social · 11/02/2026
One of the more unusual referendums I’ve reported on so far in Switzerland : citizens in June will vote on on putting a hard cap of 10mn on their population (it’s already at 9.1mn 😳) www.ft.com/content/6755... Switzerland to vote on plan to cap population at 10mn
ft.com
Switzerland to vote on plan to cap population at 10mn
Country has 9.1mn permanent residents and experts fear the move will limit companies’ access to foreign talent
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Mercedes Ruehl @mjruehl.bsky.social · 29/01/2026
From Switzerland, Partners Group built a $185bn business by serving individual investors. Bigger US rivals now have the market in their sights. Can it keep its edge? www.ft.com/content/7b9e...
ft.com
How private equity’s pioneer in tapping retail money lost its edge
From Switzerland, Partners Group built a $185bn business by serving individual investors. Bigger US rivals have the market in their sights
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Mercedes Ruehl @mjruehl.bsky.social · 29/01/2026
In today's paper: How the celestial calendar met high finance for the upcoming SpaceX IPO www.ft.com/content/0ee3...
ft.com
SpaceX weighs June IPO timed to planetary alignment and Elon Musk’s birthday
Celestial calendar meets high finance, as billionaire’s personal impulses shape plans to raise $50bn in record listing
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Ian Smith @iankmsmith.ft.com · 28/01/2026
Tricky times for the SNB as dollar slump and yen vol sends global capital to last "reliable" FX haven. By @mjruehl.bsky.social + me www.ft.com/content/4eb0...
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Mercedes Ruehl @mjruehl.bsky.social · 25/01/2026
How to get our kids to read books “…we risk something even starker than the further decline of a subject: losing generations of young readers and the curiosity, empathy and creativity that reading can inspire” as.ft.com/r/b25fc9b5-3...
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How to get our kids to read books
[FREE TO READ] Young readers are switching off — it’s time to change the subject
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Mercedes Ruehl @mjruehl.bsky.social · 24/01/2026
Nigel Farage attended Davos on a pass sponsored by the family office of Iranian billionaire Sasan Ghandehari, which told the WEF that the Reform UK leader had advised the company since 2018. W @ortenca.bsky.social and Anna Gross as.ft.com/r/9d784a9c-e...
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Nigel Farage attended Davos as adviser to Iranian billionaire
[FREE TO READ] Reform UK leader’s pass and hotel costs for World Economic Forum event were paid for by Sasan Ghandehari
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Financial Times @financialtimes.com · 23/01/2026
Nigel Farage attended Davos on a pass sponsored by the family office of Iranian billionaire Sasan Ghandehari, which told the World Economic Forum that the Reform UK leader had advised the company since 2018. ft.trib.al/V138xDu
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Henry Foy @henryjfoy.ft.com · 21/01/2026
“Nobody is in any mood to stage a grand spectacle around an agreement with Trump right now” said one official, adding that Greenland & the Board of Peace had “eclipsed” Ukraine at Davos w super crew @christopherjm.ft.com @paolatamma.bsky.social @mjruehl.bsky.social as.ft.com/r/4c0e37ac-6...
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Trump row over Greenland derails Ukraine postwar deal
[FREE TO READ] Signature of ‘prosperity plan’ expected at Davos has been postponed amid transatlantic rift
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Michela Tindera @mtindera.ft.com · 14/01/2026
On this week's ep of Behind the Money, the @financialtimes.com's @mjruehl.bsky.social joins me to talk #WEF2026 and Davos. Over the last year the WEF has faced a number of challenges & we talk through it all in this show. Listen here! 🎧: podfollow.com/behind-the-m...
podfollow.com
Behind the Money with the Financial Times: Davos’ fight for relevance
Every January a collection of the world’s top business and political leaders head to the Swiss town of Davos for the annual meeting of the World Economic Forum. The event is a week of panels and ...
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Mercedes Ruehl @mjruehl.bsky.social · 22/12/2025
Today’s FT big read: Can Switzerland adapt to a harder global order ? There is a perception that the country’s bearings are shifting. Yet Switzerland enters this turbulent period with formidable economic strengths. as.ft.com/r/17d3bbe3-5... Is Switzerland losing its place in the world?
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Is Switzerland losing its place in the world?
[FREE TO READ] After a year of tumult, some are warning that a system built on neutrality, consensus and direct democracy is not moving fast enough
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Mercedes Ruehl @mjruehl.bsky.social · 12/12/2025
UBS shares have climbed to their highest level in more than 17 years, buoyed by growing investor optimism that Swiss lawmakers will reach a compromise on proposals to impose tougher capital rules on the bank. as.ft.com/r/4bcf8118-6...
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UBS shares hit 17-year high on hopes of watered down capital reforms
[FREE TO READ] Investor optimism has been fuelled by a compromise proposed by Swiss political parties
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Mercedes Ruehl @mjruehl.bsky.social · 01/12/2025
Swiss prosecutors have filed charges against Credit Suisse and its owner UBS over alleged organisational “deficiencies” linked to a roughly $7mn payment at the centre of the Mozambique $2bn “tuna bonds” scandal. on.ft.com/4osWdcP
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Swiss prosecutors file charges against Credit Suisse and UBS
[FREE TO READ] Prosecutors alleged organisational ‘deficiencies’ relating to Mozambique ‘tuna bonds’ scandal
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Mercedes Ruehl @mjruehl.bsky.social · 29/10/2025
UBS will appeal a Swiss court decision that found a writedown of nearly SFr16.5bn in Credit Suisse bonds lacked a sufficient legal basis. on.ft.com/4qDcYV6
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UBS to appeal court decision on Credit Suisse bond wipeout
[FREE TO READ] Swiss bank says it has progressed in integrating Credit Suisse and achieved $10bn in cumulative cost savings
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Mercedes Ruehl @mjruehl.bsky.social · 09/10/2025
Does the world still need Davos? www.ft.com/content/8f7d...
ft.com
The Davos set in decline: can the World Economic Forum save itself?
Battered by scandal, the Swiss organisation behind the annual summit faces a moment of crisis. Insiders say its future may depend on the success of next year’s meeting
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Mercedes Ruehl @mjruehl.bsky.social · 03/09/2025
on.ft.com/4g7GjSv Denials and defiance: Nestlé chief’s exit over relationship prompts investor unrest
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Denials and defiance: Nestlé chief’s exit over relationship prompts investor unrest
[FREE TO READ] Shareholders turn on board over handling of CEO dismissal after chair Bulcke failed to heed earlier advice to fire Freixe
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Mercedes Ruehl @mjruehl.bsky.social · 07/08/2025
Celebrating democracy in Switzerland with wurst and a show of hands on.ft.com/3JkWlfn Switzerland celebrates hands-on democracy (with sausages)
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Switzerland celebrates hands-on democracy (with sausages)
It has survived centuries but even this voting tradition is not immune to populist forces
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Mercedes Ruehl @mjruehl.bsky.social · 01/08/2025
on.ft.com/45ftksS Switzerland in ‘shock’ at 39% US tariff blow
on.ft.com
Switzerland in ‘shock’ at 39% US tariff blow
[FREE TO READ] New duty level on Swiss goods one of highest in the world and exceeds 31% rate outlined by Donald Trump in April
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Matt Levine @matt-levine.bsky.social · 29/07/2025
I will develop a plan to bring disciplined newsletter governance, proper capital allocation, strategic foresight and operational excellence to Money Stuff. www.bloomberg.com/opinion/news...
bloomberg.com
UBS FX Trades Were Too Good
Also Sinovac, Daily Journal and an insurance correlation trade.
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Mercedes Ruehl @mjruehl.bsky.social · 29/07/2025
Be interesting to see if any heads will roll at UBS over this on.ft.com/4mhC9t4 UBS orders bankers to scale back sale of complex currency products
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UBS orders bankers to scale back sale of complex currency products
[FREE TO READ] Swiss bank tells advisers to stop pitching foreign exchange derivatives to many clients after losses
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Mercedes Ruehl @mjruehl.bsky.social · 22/07/2025
Scoop: After the US pullback, China is making a concerted effort to expand its influence throughout the UN. Story here with @henryjfoy.ft.com @lauramdubois.ft.com and Joe Leahy here: www.ft.com/content/e289...
ft.com
Trump left a power vacuum at the UN. China saw an opportunity
Beijing makes concerted effort to place officials and push its agenda in Geneva, say western diplomats
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Tony Tassell @tonytassell.bsky.social · 10/07/2025
The Swiss solution looming into sight for UBS - smart column here from @mjruehl.bsky.social Switzerland’s pragmatic, slow-moving political system might benefit the bank in seeking compromise in debate over capital rules www.ft.com/content/702f...
ft.com
The Swiss solution looming into sight for UBS
Switzerland’s pragmatic, slow-moving political system might benefit the bank in seeking compromise in debate over capital rules
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Financial Times @financialtimes.com · 13/07/2025
BCG earned more than $1mn for Gaza aid barge project on.ft.com/45097Zd
on.ft.com
BCG earned more than $1mn for Gaza aid barge project
Work with private US group Fogbow overlapped with start of separate effort to help Gaza Humanitarian Foundation
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PubAffairs EU Debates, News & Opinions 🇪🇺 @pubaffairsbruxelles.eu · 01/07/2025
#Trade: #Switzerland stirs #Brexit ghosts in push for #EU access, by @mjruehl.bsky.social and @andybounds.bsky.social | Financial Times
ft.com
Switzerland stirs Brexit ghosts in push for EU access
Referendum looms on single market deal that includes concessions on money, migration and judicial power
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Anton Spisak @antonspisak.bsky.social · 01/07/2025
From a very good piece by @andybounds.bsky.social and @mjruehl.bsky.social in today's FT on the EU-Swiss deal and the difficult road ahead: www.ft.com/content/3200...
ft.com
Switzerland stirs Brexit ghosts in push for EU access
Referendum looms on single market deal that includes concessions on money, migration and judicial power
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Mercedes Ruehl @mjruehl.bsky.social · 21/06/2025
Bankers and lawyers warn of a UK-style exodus ahead of an extreme proposed inheritance tax in Switzerland: this weekend’s FT front page
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Mercedes Ruehl @mjruehl.bsky.social · 19/06/2025
As a teenage apprentice in Switzerland, Stefan Bollinger was told that with no university degree, his banking career was over. Now the former Goldman and JPMorgan banker has landed one of the top jobs in Swiss finance at Julius Baer. Can he turn it around? www.ft.com/content/c4bc...
ft.com
Can an ex-Goldman banker finally fix Julius Baer?
The Swiss wealth manager’s new chief executive Stefan Bollinger takes on a troubled legacy — and Zurich’s establishment
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Ian Smith @iankmsmith.ft.com · 19/06/2025
Switzerland's benchmark interest rate is a big fat zero via @mjruehl.bsky.social in Zurich + me www.ft.com/content/4282...
ft.com
Swiss central bank cuts rates to zero
Surge in value of Swiss franc amid US-driven trade war and lagging inflation has complicated policymaking
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Ian Fraser @ianfraser.bsky.social · 18/06/2025
Investigative reporter Lukas Hässig did Switzerland a service in exposing corruption at the country’s second-largest banking group. Now the Swiss state is seeking to criminalise his journalism using Article 47 of the Swiss Banking Act, also known as the banking secrecy law. @mjruehl.bsky.social
ft.com
Finance blog raided over suspected Swiss banking secrecy law breaches
[FREE TO READ] Investigation of Inside Paradeplatz raises concerns about ‘draconian’ rules
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Mercedes Ruehl @mjruehl.bsky.social · 18/06/2025
The raid on a finance blog is a worrying sign for press freedom in Switzerland. The journalist in question doggedly uncovered a huge banking scandal and now may be punished under draconian Swiss secrecy laws. on.ft.com/443SKZR Finance blog raided over suspected Swiss banking secrecy law breaches
on.ft.com
Finance blog raided over suspected Swiss banking secrecy law breaches
Investigation of Inside Paradeplatz raises concerns about ‘draconian’ rules
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Carlo Apostoli @carloapostoli.ft.com · 13/06/2025
@ftweekend.com Magazine @financialtimes.com
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John Thornhill @johnthornhill.bsky.social · 07/06/2025
Always worth listening to @katie0martin.ft.com on.ft.com/4kXL7eE Why we should worry about the rise of stablecoins
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Henry Foy @henryjfoy.ft.com · 28/05/2025
💥 Christine Lagarde has discussed cutting short her term as European Central Bank president to become chair of the World Economic Forum, ousted WEF founder Klaus Schwab told @financialtimes.com A bonafide marmalade-dropper from @mjruehl.bsky.social & @olafstorbeck.ft.com on.ft.com/45sZ4fO
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Christine Lagarde discussed leaving ECB early to head WEF, Klaus Schwab says
[FREE TO READ] Ousted Davos founder says central bank chief has been in talks to leave before her term ends in 2027
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Todd Tucker @toddntucker.com · 27/05/2025
Austria's center right proposal to keep out the far right, via coalitional letting thousands flower bloom. ”For the centre left, there are rent controls and a levy on bank profits; for the liberals, there are public sector reforms, and for Stocker’s party, a tougher line on security and migration."
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Mercedes Ruehl @mjruehl.bsky.social · 25/05/2025
FT INTERVIEW: EU asylum laws no longer correspond to their original intention says Austria’s chancellor. on.ft.com/44O8YbK Austrian chancellor says EU asylum rules are no longer fit for purpose
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Austrian chancellor says EU asylum rules are no longer fit for purpose
Christian Stocker adopts hardline policy in bid to bring ‘contentment’ to Austrian voters riled up by far right
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Mercedes Ruehl @mjruehl.bsky.social · 19/05/2025
“In German we say beratungsresistent: resistant to advice. That is the essence of the problem . . . it is a sad story” on.ft.com/44PfZJv Activist takes on Swatch maverick as Omega empire falters
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Activist takes on Swatch maverick as Omega empire falters
Nick Hayek has overseen a decade of decline at the watchmaker. Can he see off the threat to his grip on the group?
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Mercedes Ruehl @mjruehl.bsky.social · 14/05/2025
He “couldn’t let go — if these scandals hadn’t happened he would still be here”: the battle by World Economic Forum founder Klaus Schwab to save his legacy. With @stephenfoleyft.bsky.social www.ft.com/content/011d...
ft.com
Downfall in Davos: Klaus Schwab fights for legacy after WEF whistleblower claims
Ousted head of World Economic Forum battles impropriety allegations and second probe into his conduct in a year
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Olaf Storbeck @olafstorbeck.ft.com · 12/05/2025
Two of Europe’s most powerful trade unions have accused European Central Bank president Christine Lagarde of undermining workers’ rights at the Frankfurt institution, escalating a long-running and bitter feud over labour relations. www.ft.com/content/423a...
ft.com
Christine Lagarde under fire from unions over ECB workers’ rights
Central bank wants elected staff representatives to spend more time in their day jobs
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Mercedes Ruehl @mjruehl.bsky.social · 03/05/2025
With global trade in disarray, autocracy on the march and aid organisations reeling from US funding cuts, Geneva fears for the future as a hub for diplomacy. on.ft.com/44hhEan Geneva fights to remain ‘kitchen’ of world diplomacy as Trump cuts bite
on.ft.com
Geneva fights to remain ‘kitchen’ of world diplomacy as Trump cuts bite
US and European withdrawals force soul-searching in the city that is home to 450 international bodies
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