The Federal Council has approved negotiating mandate for an international treaty between Switzerland and Ukraine to create a legal basis to enable the Swiss private sector to participate in the reconstruction of Ukraine.

Gold exports from Switzerland rose year on year in December as supplies to the United States soared to the highest since March 2022 and offset lower deliveries to top consumer China, Swiss customs data showed on Thursday.

For those with a vested interest in Ukraine, U.S. President Donald Trump's first week in office was a bit of a rollercoaster. During his first presidential term, Trump famously praised Russian President Vladimir Putin.

President Donald Trump is emphasizing that targeting Russia’s oil revenue is the best way to get Moscow to end its nearly three-year war against Ukraine.

Putin has threatened to use nuclear weapons in his war against Ukraine. Putin has been modernizing his nuclear forces and rejected talks with Washington on replacing New START, the last U.S.-Russia arms limitation pact, when it expires on Feb. 5, 2026.

NATO Secretary-General Mark Rutte has warned that a Russian victory over Ukraine would undermine the dissuasive force of the world’s biggest military alliance and could cost trillions of dollars to restore the organization's credibility.

Switzerland has joined the United States in reevaluating its foreign aid investments, announcing an end to development programs in three nations. ・The Swiss government will reduce funding for foreign aid,

Before the Davos crowd, President Trump signaled a shift in tone, calling for an end to the war in Ukraine and placing the onus on Russia to come to the table.

Switzerland, like other rich nations, is grappling with a shrinking foreign aid budget as the war in Ukraine forces a reset in its priorities.

Bern, 23.01.2025 - On 23 January, at the World Economic Forum Annual Meeting in Davos, Switzerland and Ukraine sign

This decision comes after the parliament allocated less funding for foreign aid in December than the government had requested.

DAVOS, Switzerland (Reuters) (Reuters) - Ukraine praised U.S. President Donald Trump on Thursday for threatening to impose tariffs and sanctions on Russia if it refuses to make a deal to end the war in Ukraine and said the comment sent a "strong signal".