Cecilia Lei

Migration has contributed the most to Switzerland's population growth, which has far outstripped its neighbors in recent years.

So this new policy would require some big changes.

If the population reaches 9.5 million before 2050, the government would have to deny entry to newcomers, including asylum seekers, families of foreign residents, and those arriving to fill skills gaps.

And if that doesn't stop the population from reaching 10 million before 2050, the government would be forced to withdraw from certain international treaties.

If the population isn't curbed further, two years later, Switzerland would terminate the free movement deal with the European Union, which allows people to settle in Switzerland with ease.

Ben Redright explained to us that while Switzerland is a small country, it has a dynamic economic model that relies on foreign workers.

All but one political party is against the idea, but a recent poll suggested that nearly half the population is ready to support it.

The anti-immigration Swiss People's Party topped the polls at the last election, and Benred Wright told us that they are presenting this proposal as a way of preserving what they see as the Swiss lifestyle and addressing problems like rising rents.

But Switzerland's business community isn't excited by this.

Big companies like the pharmaceutical giant Roche, as well as Nestle and UBS, have come out against the proposal.

The Swiss will vote on the proposal in June.

And finally, a few other stories we're following.

The shipping company FedEx is suing the Trump administration for refunds on any tariffs it paid the government under the International Emergency Economics Power Act.

Last Friday, the Supreme Court ruled that Trump had exceeded his presidential authority when he used the act to impose sweeping tariffs on almost all U.S.

trading partners.

In the lawsuit, FedEx said it imported goods from countries subjected to the duties while tariffs were in effect.

Back in September, the company said the tariffs could result in a dent of a billion dollars in earnings during fiscal year 2026.

FedEx's lawsuit is the first refund case brought by a major corporation since the Supreme Court's Friday ruling.

Similar suits have been filed over the last few months, including by Costco, the cosmetics company Revlon, and canned food seller Bumblebee.

The president and director of the Louvre in Paris stepped down yesterday, four months after an eight-minute brazen heist stripped the museum of over $100 million in French crown jewels.