Swiss to Vote on $25 Minimum Wage

The Alps, chocolate, and the world’s highest minimum wage? Don’t mind if we do. Switzerland will vote Sunday on a proposed minimum-wage increase that would bring the rate to 22 Swiss francs, or $24.70. Opponents say the union-proposed hike would push out small businesses and hurt the country’s large manufacturing sector. Meanwhile, the German parliament plans to introduce a bill to create the country’s first national minimum wage.