
Aerial footage shows the aftermath of the Blatten glacier collapse in Switzerland
Aerial footage showed flooded homes and debris scattered around a Swiss village after a huge mass of rock and ice from a glacier crashed down a mountainside in the southern Lötschental valley. The landslide on Wednesday sent plumes of dust skyward and coated with mud nearly all of an Alpine village that authorities had evacuated earlier this month as a precaution.

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Crypto kidnapping victim's dizzying view during alleged weeks-long torture ordeal
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Swiss Watch Exports Surged in April, as the Threat of Higher U.S. Tariffs Loom
Ahead of President Trump's looming tariffs on Switzerland, watchmakers and retailers alike are clamoring to get their hands on timepieces. 1.3 million Swiss watches left the European country in April, totaling $3 billion (2.5 billion Swiss francs). That's an 18 percent increase from the same time last year, according to the Federation of Swiss Watch Industry's latest data, Bloomberg reported. More from Robb Report Meet the Texas Distilleries Working to Show the Effects of Climate on Whiskey Flavor Sara Gilbert Puts Her Modern L.A. Farmhouse Back on the Market for $10 Million H. Moser & Cie. Teams Up With Alpine Motorsports on New Race-Inspired Streamliner Watches The U.S. was the main driver of the surge, making up 33 percent of the market. Exports stateside skyrocketed 149 percent year-over-year to hit a total of $851.9 million—a figure that's equivalent to around a fifth of 2024's total exports to the United States. In particular, timepieces made from precious metals, steel, and bimetallic materials, saw the biggest increases. The drastic jump seen in April is the 'result of early shipments prompted by the announcement of U.S. tariffs,' Jean-Philippe Bertschy, an analyst at investment firm Vontobel, told Bloomberg. The hike is likely a direct response to the tariffs and not indicative of an increase demand, he said. As we mentioned, Trump announced a 10 percent tariff on Swiss imports back in April. Since then, he has discussed adding an additional 31 percent levy if a trade deal isn't struck by July 9; that deadline, however, could be pushed back to a later time, according to Bloomberg. As for the rest of the world, it didn't see a similar surge. Removing the U.S. from the equation, Swiss exports fell 6.4 percent across the globe in April. The Asian market struggled: China had one of the larger drops, with a 30 percent decrease, while Singapore and Hong Kong saw exports drop 9 percent and 23 percent, respectively. The U.K., Japan, and France, meanwhile, saw only single-digit growth, according to WWD. The U.S. tariffs could affect more than just Swiss watches. The levies would impact luxury automakers, too, though they will not apply to cars over 25 years old. The American wine industry, meanwhile, could suffer in the face of any sort of trade war—which could lead to a massive boom on the secondary market. With the Swiss watch industry, though, we'll just have to wait and see how things shake out. Best of Robb Report The 25 Greatest Independent Watchmakers in the World The 10 Most Expensive Watches Sold at Auction in the 21st Century (So Far) 11 Stunning Jewelry Moments From the 2020 Oscars Click here to read the full article.

a day ago
A river dammed by a huge Swiss landslide is flowing again. That's a relief to authorities
GENEVA -- A small Alpine river dammed by a landslide that largely buried the Swiss village of Blatten is now flowing through the debris, and the level of a newly created lake that raised worries about potential new destruction has fallen, authorities said Saturday. A huge mass of rock, ice and mud from the Birch glacier thundered into the Lötschental valley in southern Switzerland on Wednesday, destroying much of the village. Buildings that weren't buried were submerged in a lake created by the small Lonza River, whose course was dammed by the mass of material. Authorities worried that water pooling above the mass of rock and ice could lead to risks of its own. Still, the regional government in Valais canton (state) said that the Lonza has been flowing through the full length of the debris since Friday. Geologist and regional official Raphaël Mayoraz said Saturday that the level of the lake has since gone down about 1 meter (3.3 feet). 'The speed at which this lake is emptying comes from the river eroding the deposit,' he said at a news conference. 'This erosion is relatively slow, but that's a good thing. If it is too fast, then there is instability in this channel, and that could lead to small slides of debris.' 'The Lonza appears to have found its way, but it too early to be able to give an all-clear,' said Matthias Bellwald, Blatten's mayor. The outlet of a dam downstream at Ferden, which is normally used to generate electricity, was opened partially on Friday evening to allow water to flow further down the valley and regulate the volume of water behind the dam. Authorities are still leaving open the possibility of evacuations further downstream if required, though the risk to other villages appears very low. Days before most of the glacier collapsed, authorities had ordered the evacuation of about 300 people, as well as livestock, from Blatten. Switzerland's president said on Friday that the government was looking for ways to help the evacuees.