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EU Backs Young Journalists' European Newsletter; FINMA Manages Late Watch King's Fortune; Lausanne Detention Suicide Attempts Spark Outrage

EU invests in young journalists' European news initiative. FINMA takes control of late billionaire's fortune. High suicide attempts in Lausanne detention facility demand action.

In the picture there is a newspaper front page. There are many advertisements and headlines are...
In the picture there is a newspaper front page. There are many advertisements and headlines are mentioned in the newspaper.

EU Backs Young Journalists' European Newsletter; FINMA Manages Late Watch King's Fortune; Lausanne Detention Suicide Attempts Spark Outrage

Three young Swiss journalists, Carla Allenbach, Julius E. O. Fintelmann, and Philippe Kramer, have launched The European Correspondent, a newsletter focused on European news. The project received a significant boost with €2 million in EU funding. Meanwhile, the Swiss Federal Supervisory Authority (FINMA) has stepped in to manage the fortune of the late 'watch king' of Lucerne, Jörg Bucherer, and address concerns over his inheritance. In Lausanne, a high number of suicide attempts in a police detention facility has sparked outrage and calls for improved conditions.

The European Correspondent, founded by the trio aged 23 to 25, aims to help readers understand European issues and their connection to national ones. The newsletter has received over €2 million in EU funding, demonstrating the bloc's support for such initiatives.

SWISS, the Swiss international airline, plans to introduce new short- and medium-haul aircraft next year. This move requires major operational adjustments, including changes to fleet management and crew training. The airline's operating profit fell by 19% in the first nine months of this year, despite stable sales and passenger numbers, due to bottlenecks and slowing demand on transatlantic routes.

The dispute over the inheritance of Jörg Bucherer, valued at over CHF4 billion ($4.31 billion), has led to FINMA's intervention. Two trustees have been appointed to ensure independent management and address concerns about conflicts of interest and power concentration.

In Lausanne, 82 suicide attempts were reportedly made in the police detention facility in 2023. Detainees often stay longer than the intended 48 hours, with one case lasting 49 days. The facility's cells lack daylight and regular access to a courtyard, raising questions about detention conditions.

The launch of The European Correspondent, backed by substantial EU funding, signals a new era in European news coverage. Meanwhile, SWISS' plans for new aircraft and the management of Bucherer's fortune by FINMA indicate significant changes in the Swiss aviation and financial sectors. The high number of suicide attempts in Lausanne's police detention facility underscores the urgent need for improved conditions and better mental health support.

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