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Switzerland and the US have agreed to reduce tariffs from 39% to 15%, aligning US duties with the EU. The non-binding framework aims to ease trade tensions, boost Swiss exports, and encourage US manufacturing investments, with implementation expected soon. The deal follows months of negotiations and high-level lobbying.
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Early on January 1, 2026, a fire broke out at Le Constellation bar in Crans-Montana, Switzerland, during New Year's celebrations. An explosion preceded the blaze, leaving several dozen dead and around 100 injured. Authorities have ruled out terrorism and are investigating the cause. Hospitals are overwhelmed, and the area remains closed with a no-fly zone imposed.
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A fire at Le Constellation bar in Crans-Montana, Switzerland, on New Year’s Eve has resulted in at least 40 deaths and 115 injuries. The blaze started around 1:30 a.m., likely caused by a lit candle or pyrotechnics, with victims suffering burns and smoke inhalation. Authorities rule out terrorism, citing an accident. The fire caused a rapid spread, including a flashover, and many victims were caught in a stampede while trying to escape. The resort, known for skiing and golf, is hosting World Cup events soon. The incident is being investigated, and the region is overwhelmed with medical emergencies. The tragedy marks one of Switzerland’s worst fire disasters in recent history.