Serafin Asset Management has rebranded to AWEA Fonds which include the Artico Sustainable Emerging Markets and Alpora Innovation Europe strategies A River Rouge factory that converts coal into coke for use in steelmaking is seeking state regulators' permission to expand its processes and its air pollution despite currently being sued by the U.S Environmental Protection Agency for ongoing Clean Air Act violations and being cited by Michigan regulators for breaking air pollution rules as recently as November "I think it’s a horrible idea," said state Sen operates 85 ovens at its Zug Island facility coal is heated in an oxygen-free atmosphere until all its volatile components evaporate The coke is then used in steelmaking to heat iron ore and remove its oxygen content The process leads to the release of potentially health-harming sulfur dioxide and EES Coke Battery is one of the largest emitters of sulfur dioxide pollution in Michigan — about 3,600 tons of the pollutant into the atmosphere in 2021 EES Coke Battery is seeking to install a secondary screener and associated equipment in its factory to process coke there rather than at another site on Zug Island The project requires a "permit to install" from the Michigan Department of Environment Great Lakes and Energy's Air Quality Division the project would increase emissions of particulate matter — dust — into the atmosphere by 1.6 tons per year Finer dust particles less than 10 microns in diameter or smaller would increase by 0.82 tons per year and 0.23 tons per year Those are considered a significant health risk because their tiny size can bypass humans' protective respiratory hairs and mucous layers and lodge deeply into lungs in their review of EES Coke Battery's permit request found that the increased particulate emissions would not violate state air pollution rules or the federal National Ambient Air Quality Standards a nonprofit group that seeks to reduce industrial emissions that found pollution from EES Coke alone already causes more than 15,000 asthma attacks and up to 57 deaths per year Those numbers were arrived at through modeling using data from EPA's CO-Benefits Risk Assessment (COBRA) tool and 2020 EPA NationalEmissions Inventory data According to a 2021 study by the Michigan Department of Health and Human Services the rate of hospitalizations for asthma was at least four times greater for Detroit residents than for Michigan residents as a whole from 2016 to 2019 who’ve already endured thousands of tons of illegal toxic emissions are being asked to accept even more pollution — while EES Coke continues trying to dodge accountability," Smigielski said More: Bad air days easier to identify and quantify with new EGLE air monitoring dashboard More: Feds, state commit $1.26 billion to Michigan Potash, but some remain concerned about mine responded to the Free Press with an emailed statement:"For more than a century DTE has been committed to protecting the environment and the health and safety of the communities where we live and serve The pending permit is to install a secondary screener that will be operated within an enclosed building and use foam suppressant to prevent particulate from becoming airborne The permit is unrelated to the pending litigation EES Coke’s operation is governed by regulations aimed at protecting public health and the plant is dedicated to responsibly operating under those regulations while it continues to serve crucial industrial and civic functions through the production of coke to fuel the steel industry and the provision of over 170 jobs." air pollution jumpedAccording to the EPA's lawsuit the Sierra Club and others have joined as plaintiffs the owner of the coke oven battery in the late 1980s sought a rebuild assuring state officials that it would not increase air pollution and thus would not require a "New Source Review" permit tougher pollution standards and require newer more advanced and expensive pollution control equipment State regulators issued a permit in 1990 that included certain limits to ensure that New Source Review was not triggered EES Coke Battery then in 2014 sought to remove limits on "underfire combustion" — the use of gases released in the coking process as on-site fuel company officials predicted the factory's future pollution levels and told regulators that there would not be a significant emissions increase of sulfur dioxide or PM2.5 EES Coke Battery's sulfur dioxide and PM2.5 emissions have exceeded their predicted levels to state regulators by hundreds of tons a year The increased pollution means the changes should have been considered a major modification and fallen under stricter permitting standards EGLE's air permitting process "broken," advocate contendsEES Coke Battery's permit request to allow additional air pollution isn’t just a failure by the company and DTE "It highlights a broken air permitting process at EGLE which seems poised to rubber-stamp a new permit without meaningfully considering cumulative pollutant impacts and the disproportionately high health risks facing these communities," he said "The neighborhoods surrounding EES Coke have some of the highest rates of asthma cancer and heart disease in the state — factors that make these residents particularly vulnerable to any added pollution — and yet EGLE doesn’t consider any of this when deciding to approve or deny new permits a Democrat whose district includes River Rouge said his office "is monitoring these developments." "Manufacturing remains a pillar of Michigan’s economy providing well-paying union jobs and driving local prosperity economic benefits cannot come at the expense of the health and safety of working families," he said "It is critical that existing regulations are strong enough to protect the people of metro Detroit and that corporations are held accountable for complying with these critical safeguards The well-being of our communities must always come first." EGLE is accepting public comment on EES Coke Battery's permit request until Feb and Geiss said her office plans to issue a comment in opposition to the plan "Just because you can doesn’t mean you should," she said "There is already enough industrial pollution in that area which already suffers from increased respiratory illnesses and other comorbidities I don’t think it makes sense to be trying to expand when there are already violations against them." Documents pertaining to the EES Coke permit request can be found at Michigan.gov/EGLEAirPublicNotice and comments may be made: Contact Keith Matheny: kmatheny@freepress.com health and environmental advocates are rallying against a DTE subsidiary's proposal to add equipment at EES Coke Battery its Zug Island factory that turns coal into metallurgical coke Opponents of the plan say it could increase emissions in communities that already face the health and environmental impacts of pollution "The community surrounding EES Coke is disproportionately vulnerable to the emissions that will be coming not only from this facility but (those from) the added screener," said Bryan Smigielski Michigan campaign organizer for the Sierra Club DTE applied to the Michigan Department of Environment, Great Lakes and Energy for a permit to install a secondary screener at EES Coke, a River Rouge factory built in 1992 that shares a site with U.S. Steel. It is owned by DTE Vantage, a subsidiary of DTE Energy, and the target of an ongoing federal Clean Air Act lawsuit The screener will sort pieces of coke into different sizes It would allow EES Coke to process the material on its own instead of trucking it to a contractor — Dynamic Resources Company EES Coke's plan would increase the amount of particulate matter released at EES Coke Particulate matter is the term for air pollutants like dust smoke and soot that can be various sizes and cause health problems such as asthma flare-ups and heart attacks The company said it will limit pollution by building the new screener indoors and applying foam to the material to stop it from drifting into the air the process is done outdoors by Dynamic Resources EES Coke "intends to stop using the contractor for the sorting of coke," EGLE spokesperson Hugh McDiarmid said in an email and would not be allowed to process additional material "We cannot legally stop the contractor from processing other materials currently allowed under their permit and cannot say definitively that (overall) emissions would decrease or increase" as a result of a permit approval Smigielski also voiced concern that the overall amount of pollution from steelmaking or other industries could increase as a result of the permit approval "There's nothing stopping it from being used If EES Coke was able to increase their coke production (someday) maybe that other screener becomes useful again," he said DTE's press office did not answer questions from The News apparently directing the query to EES Coke said in the statement that screening coke in-house also will reduce the emissions caused by trucking the material to Dynamic Resources "EES Coke has complied with all regulations governing the site at the state and federal level that protect public health," he wrote "We remain committed to responsibly operating under those regulations while our plant serves a critical function producing coke to fuel the steel industry and supporting more than 170 jobs in the community." State records show EGLE last wrote EES Coke a violation notice on Nov stating the facility had repeatedly violated its permit and environmental laws in 2023 and 2024 Inspectors said the facility allowed visible emissions to release from its bypass and bleeder flares roughly 200 times in those years EES Coke said it uses bleeder flares when there is a potential for a dangerous buildup of gas and pressure at the facility The events are not routine and needed to protect worker safety according to a letter environmental engineer Laura Harris wrote to EGLE staff on Dec "EES Coke has taken measures to reduce the frequency and duration of bleeder events through system improvements and increased maintenance but bleeding over pressurized gas will always be a crucial and necessary step to the safe operation of the facility," Harris wrote State regulators are poised to approve the permit, they said in a factsheet released in January which states the project would not violate state or federal pollution laws and would be subject to requirements about monitoring Smigielski criticized EGLE for not accounting for the health issues and pollution burden faced by Zug Island neighbors in the department's permitting decisions The area surrounding Zug Island ranks among the state's most burdened communities in EGLE's environmental justice screening tool which accounts for things like respiratory illness which Smigielski said shows the current regulatory system is flawed Activists and some lawmakers from southeast Michigan have called on regulators to consider the "cumulative impacts" of pollution from different sources when determining whether to approve air quality permits More: Michigan activists seek policies to curb pollution in industrial neighborhoods "We have this highly overburdened community and none of those burdens make it into the decisionmaking process for the permit," Smigielski said "We see this as being part of the reason why EES Coke has a legacy of causing harm to these communities." EGLE said the additional pollution released at EES Coke won't be enough to kick the surrounding area above federal standards for the amount of particulate matter allowed in the air, according to a summary of the proposed project The portion of Wayne County around Zug Island does not meet federal air quality standards for sulfur dioxide a pollutant that results from burning fossil fuels such as coal petroleum and diesel and can cause health issues such as shortness of breath and asthma attacks Steel facility is considered a "major source" of sulfur dioxide DTE's proposed addition of a secondary screener at EES Coke would not increase sulfur dioxide emissions sulfur dioxide remains a problem for the facility according to a 2022 lawsuit filed by the U.S Environmental Protection Agency against DTE and the EES Coke Battery plant The agency alleges EES Coke violated the Clean Air Act by increasing the facility's sulfur dioxide emissions beyond allowable limits which endangered the health of people living in River Rouge More: Feds add DTE as defendants in Clean Air Act lawsuit against EES Coke The Michigan chapter of the Asthma & Allergy Foundation of America criticized EES Coke in a Feb alleging the plant pollutes the surrounding air and exacerbates respiratory illnesses for neighbors Detroit has long had higher rates of asthma than the rest of Michigan The EES Coke facility's emissions compound the problem the Asthma & Allergy Foundation's Michigan chapter said It called for stricter enforcement of the facility more robust air quality monitoring and DTE's investment in cleaner technology "Folks have a right to breathe clean air," said Kathleen Slonager "DTE's EES Coke facility is jeopardizing the health of our community contributing to some of the worse asthma rates in the state and creating a cumulative burden on residents already facing environmental injustices We cannot stand by while our families suffer." EGLE is accepting comments about EES Coke's proposal to add a secondary screening facility through Feb email EGLE-AQD-PTIPublicComments@Michigan.gov call 517-284-0900 or mail to Permit Section Manager Zug-based asset manager QCAM is launching a fund targeting investors in the U.S dollar money market. With seed capital exceeding USD 1 billion the vehicle has the potential to disrupt the broader market QCAM Currency Asset Management is expanding its offering with the launch of the new QCAM Short Term Fixed Income USD Fund which starts with more than USD 1 billion in assets.  the Swiss firm is capitalizing on opportunities arising from active management as well as premiums available in bonds and private placements from public-sector issuers UBS acts as custodian and fund administrator our 13-year track record gives us privileged access to key public-sector borrowers The sizeable assets we manage in this segment also allow us to seize attractive market opportunities which partly explains our outperformance,» says QCAM CEO Thomas Suter eliminating currency risk for dollar-based investors UBS serves as the custodian and fund administrator «Could revitalize the Swiss money market»  The fund’s launch has sparked notable interest in the market. «This specific structure and combination is truly novel and highly promising. It could provide a strong boost to the Swiss money market,» says Stefan Pomberger, co-founder and head of Cosmofunding the money market is regaining appeal following the surge in inflation and the subsequent rate hikes—which have yet to be significantly reversed in many other jurisdictions yields have once again moved above prevailing inflation levels since the global rate-hiking cycle began This opens up the possibility of capital appreciation with minimal risk and maximum flexibility.  QCAM has carved out a strong position in the market and healthy current account balance support Switzerland’s standing as a safe haven The new QCAM fund stands out with its competitive total expense ratio and daily liquidity giving it cash-like characteristics for investors finews.com publishes on its own Web-TV-Channel interviews with well-known figures of Swiss finance. + More on this topic + More on this topic + More on this topic Zug-based Deep Field Capital has launched several funds as part of a new tie-up with Quantamental Capital The new investment vehicles provide access to Quantamental’s flagship Equity Alpha strategy a systematic and market-neutral US cash equities strategy Quantamental focuses on developing and managing its trading strategies while letting the firms it affiliates handle everything else © Copyright 2006-2025 Law Business Research Posted by | Apr 15, 2025 | , , | Formula Swiss AG has initiated legal proceedings against the Office for Consumer Protection of the Canton of Zug (AVS) at the Swiss Federal Supreme Court The company is seeking a legal ruling on whether cannabidiol (CBD) products can be classified and sold as cosmetics in Switzerland and is claiming CHF 5 million in damages related to the authorities’ actions Formula Swiss had registered its CBD products as cosmetics under the guidance of the Zug consumer protection office following requirements including third-party lab testing The AVS later accused the company of non-compliance and ordered the halt of product sales Formula Swiss argues that other companies in the region have continued selling similar CBD cosmetics without facing regulatory action The company’s CBD products remain legally classified as cosmetics in the UK and EU The case highlights ongoing regulatory uncertainty surrounding CBD cosmetics in Switzerland particularly in relation to how local enforcement compares with broader European standards The outcome could clarify the legal treatment of CBD in Swiss personal care products and influence how such products are regulated in the future Contact UsSubscribePrivacy PolicyCookie PolicyTerms & Conditions Copyright © 2025 Global Cosmetics Media Limited the financial landscape is being reshuffled - including in Australia Zug-based wealth manager Tramondo also sees opportunities in this market Australia – a dream destination for many holidaymakers but also a lucrative market for asset managers Down Under is one of the regions in the Asia-Pacific region with the highest proportion of millionaires It is estimated that €1.87 trillion will change hands over the next two decades.  Competition in the Australian asset management industry is fierce Morgan Stanley and HSBC are increasingly vying for the attention of Australia's wealthiest families the number of Australian family offices is growing Swiss financial institutions have also tried their luck in Australia UBS made two attempts before finally withdrawing in 2015 serving as the undisputed market leader among Swiss banks in the Australian market the business was transferred to its former competitor UBS aims to perform better and has expanded its services to include family offices and wealthy women Another Swiss player, Tramondo The Zug-based wealth advisor seized the opportunity and secured the services of Christian Wolperth in December 2023 As a Senior Relationship Manager in Wealth Management at Credit Suisse he looked after the Australian market for 16 years he found a new platform for looking after Australian clients which also includes the Mulit-Family office Dr Tramondo pursues a strategy of tailor-made solutions this is a decisive advantage: «Many institutions overlook this,» he says Tramondo does not engage in active acquisition «Our customers come to us through recommendations This organic growth has created a strong dynamic that further strengthens our success,» he says a key advantage of this network is the presence of Dr which relies heavily on personal relationships as Swiss financial service providers enjoy a strong reputation in Australia Many of Wolperth's clients have maintained accounts with Credit Suisse for 40 to 50 years «A trustworthy and flexible partner is important to our clients – someone who offers continuity and independence unaffected by the strategic uncertainties of individual banks,» says Wolperth «Switzerland's security features and political stability are repeatedly cited as key factors.» He adds that the strength of the Swiss franc further enhances this advantage especially as political uncertainties in Australia and increasing geopolitical tensions with China are prompting investors to seek even more diversification and bigger deals: crypto valley Zug expanded its influence in 2024 At the World Economic Forum (WEF) in Davos, the 10th edition of the CV VC Top 50 Report was unveiled The report highlights Crypto Valley Zug's global impact on the blockchain industry ranking the top 50 blockchain companies by token market capitalization and private valuations The combined valuation of the top 50 companies in Crypto Valley surged by 55% to $593 billion Sixteen of the 25 leading blockchain platforms are headquartered in Zug accounting for 97% of the total valuation at $584.33 billion Zug is home to 14 of the top 25 blockchain companies which represent 56% of the total valuation The number of unicorns (companies valued at over $1 billion) began to rise in 2023 Crypto Valley is home to 17 unicorns—14 based on token market capitalization and 3 on private valuations Crypto Valley secured $586 million across 56 deals marking an 8% increase compared to the previous year global blockchain financing grew by only 3% Crypto Valley’s share of global blockchain financing climbed by 5.2% with the average deal size rising 70% year-on-year to $5.6 million—well above the global median of $4 million The region accounted for 29.1% of European blockchain financing in 2024 Zug remains Switzerland’s crypto powerhouse hosting 42% of all blockchain financing in the country ($245.89 million) Zurich follows with 34.7% ($203.33 million) while Liechtenstein accounts for 17.1% of transactions with a top-50 valuation of $593 billion and a financing median above the global average He emphasizes the need for Switzerland to maintain its edge by fostering a collaborative environment that attracts talent This focus is crucial as regulatory advancements in other regions and the «America First» policies in the U.S president of the Swiss Blockchain Federation and finance director of Zug underscores Crypto Valley’s robust foundation and proven growth describing it as a launchpad for Switzerland’s next wave of innovation he stresses the importance of joint efforts by regulators and investors to achieve this vision Key areas requiring progress include cross-border custody regulations and stablecoin frameworks which are priorities for the Swiss Blockchain Federation Crypto Valley Zug remains a beacon for blockchain innovation but ensuring sustained growth will require navigating a complex landscape of opportunities and challenges – The Washington Capitals have loaned defenseman Leon Muggli to EV Zug of the Swiss National League (NL) for the 2024-25 season senior vice president and general manager Chris Patrick announced today Muggli will return to North America for Capitals Rookie Camp in September with the 52nd overall pick in the 2024 NHL Draft 173-pound defenseman recorded 12 points (3g 9a) in 42 games with EV Zug during the 2023-24 season led all under-18 skaters in the NL in scoring and his 12 points were the most ever by a defenseman age 17 or younger in league history Switzerland native also appeared in four games with Zug’s under-20 team Muggli represented Switzerland at the 2024 World Junior Championship the 2023 Hlinka Gretzky Cup and captained the Swiss at the 2024 Under-18 World Championships Muggli split the 2023-23 season between Zug’s under-20 team serving as captain and collecting 11 points (5g Muggli captained Switzerland to a gold medal at the 2023 European Youth Olympics and was named the tournament’s best defenseman after recording four points (1g Muggli was ranked fifth among International defensemen and 11th among all International skaters by NHL Central Scouting Switzerland has made headlines for many years Donald Trump will move into the White House for the second term the Crypto Valley will be closely monitoring the US President’s policies Trump's plans could cause a major upheaval in Switzerland In addition to introducing massive tariffs and tightening immigration policies Trump has also announced his intention to overhaul the previously restrictive policy on Bitcoin and other cryptocurrencies aiming to implement crypto-friendly regulations US Plans to Hold a National Bitcoin Reserve Trump wants to attract mining companies: «Bitcoin made in the USA» This will involve massively expanding the energy-producing economy to ensure that enough cheap energy is available at all times Trump aims to promote stablecoins and bitcoins and establish a strategic national Bitcoin reserve Trump’s promises have sparked a surge in cryptocurrency prices in recent months Bitcoin’s price briefly surpassed the magical threshold of $100,000 «If the US President delivers on his promises This would not go unnoticed in Crypto Valley» says a senior manager at a crypto company based in Zug Cryptocurrencies and Switzerland have long been a success story Switzerland set up attractive conditions for the industry The region came to be known as Crypto Valley But the honeymoon is over. A sense of unease is spreading within the industry. Bitcoin pioneer Niklas Nikolajsen a Danish national who moved to Switzerland in 2011 and now lives in Zug recently told the Neue Zürcher Zeitung (NZZ) that Switzerland is no longer an attractive location for crypto businesses even a Federal Councilor visited the offices of crypto companies the Financial Market Supervisory Authority (FINMA) even granted two crypto companies a banking license One point of contention is the treatment of stablecoins which are crypto-assets pegged to a currency like the dollar FINMA now requires that all parties involved in stablecoin transactions be identified and has set concrete requirements for stablecoin issuers and the banks that provide backup guarantees This has caused an outcry within crypto companies If conditions for the crypto industry are relaxed under Trump while tightening in Switzerland many companies are likely to leave the country but if Switzerland doesn't take action soon One such move could be for the Swiss National Bank to be mandated to invest in Bitcoin «If Switzerland only offers what everyone else does The Swiss market simply doesn’t offer enough» the city of Zug celebrated its 150th anniversary as a municipality with the entire population Siegfried & Roi delivered an activating awareness campaign for this The agency was tasked with anchoring this "historic but perhaps somewhat dry event" in the minds of the population with a campaign and thematically appropriate activities Siegfried & Roi found inspiration in the cantonal constitution that came into force in 1874: paragraphs were translated in a contemporary way and linked in a targeted manner with events digital highlights and offers from the Zug City Archive A total of twelve motifs drew the attention of thousands of people to the anniversary campaigns every month via various analog and digital channels the modern and provocative interpretation of Section 11 which allows the public to inspect the state accounts attracted particular media attention: "We have money and are happy to show it." 20 minutes and other media companies "rewarded" the courage with earned media in the form of articles and free airtime on TV Responsible at the City of Zug and Zug City Archives: Dieter Müller (Head of Communications) Responsible at Siegfried & Roi: Milan Pavic (Creative Direction) 16/01/2025 By The canton of Zug recently tightened its citizenship laws the rules for applying to become Swiss in the canton are more strict In the months before these changes came into force The requirements for becoming Swiss have federal This means that citizenship is easier to obtain in some parts of Switzerland than in others The canton of Zug has raised the citizenship bar in three areas applicants had to have not received welfare payments for a full 3 years before applying which is the level most high school children achieve in second languages upon school graduation at around 18 The minimum level of written German has also been increased minors can only apply as part of a family application until they reach 16 It is too soon to know how much impact the new rules will have it is clear that many wannabe Swiss in the canton were not keen to take any chances a figure that will rise further when the number for December is added – it has not yet been released The rule tightening was implemented quickly The canton’s parliament voted on it during the summer of 2024 based on a motion put forward earlier by the Swiss People’s Party (UDC/SVP) By 1 January 2025 the changes were in force More on this:SRF article (in German) For more stories like this on Switzerland follow us on Facebook and Twitter Filed Under: Human interest, Immigration By subscribing you are agreeing to our Privacy Policy Previous Newsletters Copyright © Le News Sàrl 2014-2022 / Company number: CH-550.1.129.786-5 / VAT number: CHE-193.843.357 TVA By subscribing you agree to our Privacy Policy The twelfth Wings for Life World Run took place in Zug on Sunday Numerous Swiss sports stars also took part You can now watch the race again in the stream all participants worldwide start at the same time amateur or beginner runner - it's not speed that counts here the "Catcher Car" takes up the chase and gradually catches up with everyone - runners and wheelchair users alike All entry fees and donations go 100 percent to spinal cord research Japan's Jo Fukuda ran the longest in Fukuoka The women's race was won by Esther Pfeiffer from Germany with 59.03 km Her husband Hendrik Pfeiffer won the race in Munich with 66.74 km The Slovenian Domen Hafner won the men's race with 60.47 km Franzsika Huwyler-Inauen from Switzerland won the women's race with 50.24 km numerous Swiss sports stars also took part in Zug The Geneva-based private bank is strengthening its foothold in Zug By opening a new office in the heart of the city Lombard Odier is clearly signaling its broader strategic ambitions the bank announced it would be moving into new the new team recently began operations in Zug and the new office at Bundesplatz 1 has now been officially inaugurated.  Lombard Odier has continued to invest in the German-speaking Swiss market in recent years which is a strategic growth area for the group,» said Serge Fehr Head of Swiss Domestic Private Banking at Lombard Odier Zug plays a pivotal role in this forward-looking strategy Zug has evolved into one of Switzerland’s most successful business locations outpacing even the economic powerhouse of Zurich including the growing cryptocurrency sector.   The Entrepreneurs & Executives (E&E) sector is particularly attractive where specialists provide tailored services to managers and business owners at the intersection of corporate banking and private banking.  it is crucial to receive local advisory services,» said Marco Arnold and authorities to deliver integrated solutions #spch.spch.s2tb-h .spchc {\n background: #fff;\n box-sizing: border-box;\n box-shadow: 0 2px 6px rgb(0 0 0 / 20%);\n height: auto;\n margin: 0;\n min-width: 100%;\n overflow: hidden;\n padding: 24px 115px;\n }\n#spch.spch.s2tb .spchc .inner-container #spch.spch.s2tb-h .spchc .inner-container {\n opacity: 1;\n transition: opacity 0.318s ease-in;\n }\n#spch.spch.s2tb .spchc .inner-container .text-container With the deciding game tied 2-2 late in the third period Toronto Sceptres draft pick Noemi Neubauerova took a pass from Swiss national team captain Lara Stalder to score the winner in the 3-2 decision in front of 1,441 fans Celina Haider and Nara Elia had Memmingen's goals while Annika Fazokas and Lena-Marie Lutz had the other EV Zug goals Zug plays in Switzerland's PostFinance Women's League Zug advanced to the final shutting out MAC Budapest 8-0 Playing for third place Alexandra Huszák scored a third period tying goal and an overtime winning goal to list MAC Budapest to a 2-1 win EV Zug's Annika Fazokas and Lara Stalder were named to the EWHL Euro Cup All-Star team They were joined by Memmingen's Selma Luggin View the original article to see embedded media Knowles is the highest-paid assistant in the country after leaving the Buckeyes following their national title The Celtics' shooting woes reached record-setting numbers Monday and following Notre Dame’s march to the national championship game Bowman Baseball is the first place to find cards of today’s baseball prospects Aaron Gordon hit a game-winning 3-pointer in the final seconds after the Thunder opted to quickly foul repeatedly with a lead down the stretch Tyler Callihan broke multiple bones in his left forearm and is now set to have surgery 1 seed in the East and the second-best record in franchise history with the same core that won 48 games the previous season plenty of other athletes showed out in tailored garb in honor of the event's theme 'Superfine: Tailoring Black Style.' The draft will be held at the National Mall when it heads to Washington On this episode of Good Word with Goodwill Vince and Kofie Yeboah react to the Golden State Warriors defeating the Houston Rockets in game 7 and preview the matchup with the Minnesota timberwolves James Harden's postseason struggles and Kofie's eulogy for a successful Detroit Piston's season Christian Polanco and Alexis Guerreros react to the LA Galaxy’s latest loss which still leaves them winless this MLS season What is going on with the Galaxy and who is to blame for their abysmal form Christian and Alexis then bring on Professional Referee Organization referees Natalie Simon and Alyssa Nichols to chat why they became refs and how VAR helps or hurts their jobs Christian and Alexis then react to the latest news around soccer in another edition of Rápido Reactions including Harry Kane’s first trophy Trent Alexander-Arnold’s awkward goodbye & EA FC’s newest cover athlete Who wins Thunder-Nuggets and Wolves-Warriors Patriots fans know how much Julian Edelman meant to the team during its dynasty Trent Alexander-Arnold said he'll always be a Liverpool fan in a video announcing his decision The Mets have lost their 34th game of the season for 16 consecutive years now The Warriors successfully avoided blowing another 3-1 series lead on Sunday night Tramondo Investment Partners strengthens its relationship team reinforcing its commitment to a «client-focused growth strategy.» The Zug-based wealth manager Tramondo Investment Partners has expanded its team with two seasoned Senior Relationship Managers who will oversee advisory services for both domestic and international clients these two hires bring decades of expertise in wealth and portfolio management aligning with Tramondo’s client-centered growth strategy which also aims to create an attractive environment for entrepreneurial-minded relationship managers Thalmann previously held a similar role with a prominent Swiss wealth manager serving as a Senior Portfolio Manager and as a member of the executive board Thalmann was a Portfolio Manager at WMPartners Vermögensverwaltungs AG (formerly Infidar Vermögensberatung) served for a year as Senior Portfolio Manager at the same Swiss wealth manager as Thalmann where he last held the position of Senior Portfolio Manager and was an executive board member Geissbühler began his career in 1978 with a banking apprenticeship at UBS in Bern and subsequently held various positions at the major bank in Geneva commented on the new appointments: «With Michael Thalmann and Roger Geissbühler we’re enhancing our team with two outstanding experts who share our commitment to independent At a time when many financial institutions are retreating from specialized services our approach offers distinct advantages for our clients.» Founded in 2007, Tramondo Investment Partners comprises a team of 18 and collaborates closely with partner firm Dr. J. Bollag & Cie The Swede already worked for the National League organization between 2019 and 2022 before leaving for Germany and then his home country dieBildmanufaktur.ch EV Zug has gotten themselves a new assistant coach for their National League team It is a name already familiar to the organization he worked as head coach of the Academy and as Director of Player Development for the main squad "Roger brings an enormous amount of experience as a coach - both at the highest level and in developing young players" The time between Hansson's two tenures in Switzerland was filled with head coaching duties with the Düsseldorfer EG as well as assistant and head coaching duties with Rögle BK The Local Europe ABVästmannagatan 43113 25 StockholmSweden As many residents of the other 25 Swiss cantons struggle to keep up with the steadily rising health insurance rates — 6 percent on average in 2025 after substantial hikes in previous years as well — Zug’s population will see their premiums… drop by a staggering 18 percent The wealthy canton can afford to be generous: its coffers overflow with money the canton will use its surpluses to cover 99 percent of hospital costs for its approximately 130,000 residents This is a really generous gesture because in other cantons this coverage amounts to 55 percent of costs As Zug’s health insurance companies won't have to cover hospital costs they will have fewer out-of-pocket expenses which means premiums will fall by 18 percent — about 700 francs per person in 2026 and 2027 Zug residents will not only benefit from lower health insurance costs but are already taking advantage of the lowest tax rate in the country “a married couple with two children and a gross annual income of 125,000  francs will pay 15,447 francs per year  in taxes in Neuchâtel READ ALSO: Why does the canton of Zug have Switzerland's lowest taxes?  taxes...is there no downside to  living in Zug Only one: scarcity of affordable housing Zug is a victim of its own success: because of its low taxes it has become an in-demand place to live for individuals and an attractive location for company headquarters as well As the potential for building new apartments in and around the canton’s 11 municipalities is being exhausted it has become increasingly more difficult to find reasonably- priced rental housing Please log in here to leave a comment The estimated 130,000 residents of Zug are among the luckiest people in Switzerland Not only are their tax rates lowest in the country but their health insurance will also cost — at least temporarily — less than elsewhere That is because their government has decided to use surpluses in their public coffers to significantly reduce health insurance premiums paid by the local population “In recent years, Zug's public finances have developed very favourably,” the canton announced on July 11th. “Part of the surplus generated will flow directly back to the population." The aim is for the canton to cover “almost all of the costs” — 99 percent— of inpatient hospital treatment for Zug patients in 2026 and 2027 “This will mean that the 2026/2027 premiums for compulsory health insurance in the canton will be around 18 percent lower on average."  The Health Insurance Act stipulates that the cantons cover at least 55 percent of residents’ hospital bills  Almost all the cantons base their calculations on this minimum amount the canton's share will be increased to 99 percent for two years The remaining 1 percent will be paid for by health insurers READ ALSO: Why do Swiss healthcare premiums vary so much per canton?  “If the canton covers 99 percent of the costs for inpatient health services for two years health insurers will have to take this into account when calculating premiums for 2026 and 2027," according to the press release “The average premium will then be around 18 percent lower or around 700 francs per person per year.” with the actual reduction based on the insurance model The details of this measure must be worked out by spring 2025 so that the premiums can be reduced accordingly for 2026/2027 when the cantonal financing of hospital care will be made uniform across Switzerland The cantonal parliament will decide whether or not to continue this policy based on the outcome It is the only one so far to lower health insurance rates bucking the trend seen in many states around the world all Swiss cantons reported more or less significant budget surpluses in 2022 recorded a budget surplus of nearly 1.4 million francs and will put this money to a good use from August 2024 and also offer free  rides on its public transport network to young people up to the age of 24 READ ALSO: Geneva to cut taxes and make public transport free for young people  Cover The V-Zug Time and Matter installation at Pinacoteca di Brera The V-Zug Time and Matter installation at Pinacoteca di Brera Swiss luxury kitchen appliances brand V-Zug turns 111 this year and has been celebrating the occasion with various initiatives, activities and launches, including the inauguration of its first Italian flagship showroom during Milan Design Week a beautiful space designed in collaboration with architect Elisa Ossino and designer Henrytimi and a gala dinner in Milan’s most illustrious public library Beyond the spectacles, the milestone also presents the chance to reaffirm the brand’s commitment to sustainability which is manifested in all aspects of its business We ask V-Zug CEO Peter Spirig to tell us more Don’t miss: How 2nd Edition designs beautiful open-plan kitchens with V-Zug for The Continuum show gallery Above V-Zug appliances were paired with monolithic furniture that straddles art and design V-Zug appliances were paired with monolithic furniture that straddles art and design What does V-Zug’s 111th anniversary signify?This year, as we celebrate V-Zug’s 111th anniversary, we proudly reaffirm our commitment to V-Zug and our investment in its future. This milestone is more than a celebration of our past; it’s a testament to our enduring dedication to innovation and quality Can you share some of V-Zug’s technologies and initiatives to address customers’ increasing concerns for sustainability?Sustainability is intrinsic to our ethos, guiding the development of our products, services and manufacturing practices, all contributing to a future-ready society. Since 2020, our production sites in Switzerland have been carbon neutral Direct emissions are being continuously reduced The remaining emissions are offset annually through our V-Forest reforestation project We are currently focusing on electrifying our service vehicles and lorry fleet Our appliances are engineered for lasting performance and designed to seamlessly adapt to evolving environments and personal preferences V-Zug washing machines and dryers feature the EcoManagement function empowering users to monitor energy consumption effortlessly Our dishwashers incorporate features such as the Energy saving programme reducing wash temperatures by 5°C and slightly shortening cycle times achieving approximately 10 per cent energy savings without compromising on cleaning performance V-Zug offers a 10-year warranty on all of its appliances thus demonstrating our commitment to durability as well as sustainable manufacturing practices Above The cuisine at the gala dinner was prepared by the V-Zug Gourmet Academy using regional ingredients The cuisine at the gala dinner was prepared by the V-Zug Gourmet Academy using regional ingredients How have your customers’ preferences changed since the pandemic?Since the onset of the pandemic, we have witnessed a discernible evolution in consumer preferences, primarily influenced by increased homebound activities. A significant transformation has been the heightened enthusiasm for home cooking with many individuals rediscovering the joy of preparing meals at home there has been a notable increase in the preference for appliances that facilitate healthy and efficient culinary practices Products such as steam ovens have gained popularity as customers seek convenient solutions for preparing nutritious meals There is also a heightened emphasis on hygiene and food preservation The ClimateControl function in our refrigerators ensures minimal temperature fluctuations through active air circulation, helping keep groceries fresh for longer. Overall, the pandemic has underscored the value of a well-equipped kitchen that complements diverse lifestyles and culinary aspirations Read more: The future of adaptive reuse and sustainable architecture: In conversation at V-Zug Singapore Above A performance at the V-Zug gala dinner at the Biblioteca Nazionale Braidense A performance at the V-Zug gala dinner at the Biblioteca Nazionale Braidense ensuring that every product is a testament to timeless elegance and future-forward innovation true luxury is a promise of excellence that extends beyond the product itself—it’s about empowering our customers with solutions that anticipate their needs and enhance their daily routines effortlessly What can your customers in Singapore look forward to from the brand?We are committed to enhancing user education through complimentary product training sessions as well as cooking classes hosted by our V-Zug Gourmet Academy chefs along with masterclasses led by renowned chef ambassadors These initiatives empower our Singaporean customers with the knowledge and skills to fully maximise the benefits of their V-Zug appliances reaffirming our commitment to excellence and precision In case you missed it: Jamie Chua redefined: The social media star and entrepreneur welcomes us home with V-Zug Above V-Zug CEO Peter Spirig V-Zug CEO Peter Spirig At home with Chef Emmanuel Stroobant as he whips up family feasts with V-Zug How V-Zug’s Gourmet Academy nurtures local and up-and-coming culinary talents How to design a more sustainable home with V-Zug If you would like to visit the city of Zug you don't necessarily have to do it in person Zug is now the first Swiss city to be publicly accessible in the Metaverse and therefore digitally accessible The project is part of Zug's digitalization strategy and will open up new opportunities for art we are creating an innovative approach to the city of Zug - open barrier-free and future-oriented," explains City Clerk Martin Würmli the public as well as clubs and organizations can borrow VR glasses from the Zug library and meet in a variety of virtual spaces for creative exchange a meeting room for discussions or a rooftop bar - the city in the public metaverse makes these places accessible to everyone The Zug Metaverse is available via the Spatial.io platform Interested parties can also rent the digital premises of the city of Zug on request This article first appeared in Netzwoche. In addition to the Czech, the Bulls will still have to make do without four of the five players who had to leave the game against HC Ambrì-Piotta early Monika Majer / RvS.Media For tonight's road game against the SCL Tigers, EV Zug has listed Jan Kovář as injured At the moment it is not clear what the nature of Kovář's injury is The captain of the Bulls thus joins Elia Riva in the infirmary Also sidelined but due to an unspecified illness are four of the five players who could not finish Zug's last game Only Nando Eggenberger has returned to the lineup and Sven Leuenberger have not recovered yet The EVZ has appointed Michael Liniger as its new head coach. The 45-year-old will take over as head coach from the 2025/26 season and has signed a contract until 2027. Ein Beitrag geteilt von EVZ (@official_evz) Liniger will continue to work as assistant coach to Dan Tangnes until the end of the 2024/25 season and will focus on bringing the current season to a successful conclusion the 45-year-old has also been a member of the Swiss national team’s coaching staff on several occasions and celebrated winning the World Championship silver medal as an assistant coach in May Liniger will no longer be involved with the national team the National League team is looking to acquire different ones Robert Hradil / RvS.Media A Slovakian forward is also in the mix - Tomas Tatar currently a member of the New Jersey Devils "I will not go into individual names in detail Kläy states in regards to the teammate of Nico Hischier Kläy notes that it is not clear what changes there will be "It has been clear for some time that we want to start the new season with five forwards and two defenders on the import positions We need an additional winger." All of Zug's current imports have ongoing contracts For more of Kläy's answers to questions about the season the subscription-gated article is linked below as well as forwards Sarah Mettler and Lia Egger Continuing their roster work for the coming season, EV Zug has announced the signings of Lia Egger "We will also be bringing in an import forward" the 19-year-old was playing for HC Innerschwyz's U20 as well as second- and third-division men's hockey with EHC Urdorf and EHC Seewen Single family office GVO Asset Management has rebranded as GVO Advisory Management the Zug-based firm also hired Marina Nitsa Viergutz as a managing director for investments in June Viergutz was most recently a partner at family office Arieli Capital According to Expressen, the 57-year-old Swede is the first choice for one of EV Zug's assistant coach positions Michael Liniger, EV Zug's current assistant coach will take on the head coaching duties next season the position is Roger Hansson's if he chooses to take the Bulls up on their offer He served as the head coach of the EVZ Academy and Zug's Head of Development Färjestad BK and other teams are supposedly also interested "We love you Canada but you need to come up with your own scenery" BY Megan LaPierrePublished May 24 I've honestly been loving Jack White's becoming-too-online character arc. Now he's really given us a look inside the four lobes of his brain: music, politics, Snoop Dogg's cereal, and, finally, the Canada–United States border.  In his latest Instagram post, the musician has opened up about a concern that seems to be keeping him up at night, and that's the impending completion of the Gordie Howe bridge across the Detroit River. After beginning construction in 2018, the new cable-stayed bridge connecting Windsor, ON, and Detroit, MI, is expected to be completed next year. This worries Jack White. For, you see, the view from the bridge for Canadians crossing the bridge to visit Detroit will be a stunning panorama of Zug Island — the private industrial site (and major environmental hazard) within the city of River Rouge. "They will become jealous of our Zug Island and then attempt to build their OWN copy of it on the Canadian side of the river so as not to be outdone by us," White wrote, even going so far as to map out where Canada's imitation Zug Island would go. He continued hypothesizing, "This 'fake' Zug Island will displace hundreds of businesses and homes and also upset local birdlife and all for what? Some petty beauty contest? We have to figure out a way for this not to happen y'all. We love you Canada but you need to come up with your own scenery."  Unfortunately for White, he's simply managed to make the inevitable happen sooner. Thanks to him, now we don't have to wait until the bridge (maybe) gets finished in 2025; we can start getting jealous of Zug Island and developing a plot to make a better, nicer version of it immediately! Find the White Stripes legend's post in full below. View this post on Instagram A post shared by Jack White (@officialjackwhite) Be the first to get our biggest stories delivered to your inbox. Please enable JS and disable any ad blocker EV Zug will play their next championship game tonight against SC Bern They still have several of their players in the infirmary Lukas Bengtsson was dealing with pneumonia and has not fully recovered yet Elia Riva might be able to hit the ice for individual practice at the end of the week Leonardo Genoni (lower-body injury) is also not yet ready the goaltender might be able to make his comeback sometime in November.