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Swiss voters have overwhelmingly rejected a proposal to introduce an unconditional basic income. The plan was to give every citizen in the country around $2500 a month, guaranteed, but final results showed the proposal winning just 23% of the vote. We hear from Rudolf Minsch, a member of the executive board of Economiesuisse, one of the country's federations for entrepreneurs and businesses.

The first exit polls following Peru's presidential election suggest that the result is too close to call. Keiko Fujimori had led all the way up until now. She is the daughter of the controversial but popular former Peruvian President Alberto Fujimori, who is currently serving a 25-year jail sentence for human rights violations. Mark Keller, Peruvian specialist at the Economist Intelligence Unit gives his view on the race.

Territorial rows could overshadow the eight US-China diplomatic talks, being held in Beijing later today. China claims nearly all of the South China Sea despite competing declarations by several South-East Asian neighbours. We hear from Patrick Chovanec, chief strategist with Silvercrest Asset management and an adjunct professor at Columbia University in New York.

Indian Prime Minister Narendra Modi will be in the United States later this week on an official state visit, his fourth since entering office. Independent economist Michael Hughes tells us why Prime Minister Modi was going there so frequently.

Child Labor Free is a new group founded in New Zealand, which aims to certify companies stating that their products were produced without child labour. Chief Executive Nick Webb-Shephard and founder Nikki Prendergast tell us how the group works.

A new movie - Warcraft - opens in the United States today. It is based on the massively multiplayer online game World of Warcraft and is part of a trend that is going to see several video games leap from our computers and consoles onto the silver screen this year and next. Chris Dring of online gaming magazine MCV and contributor to the Observer tells us how the film is being received in territories where it has already been released.

(Photo: A man throws a Swiss flag. Credit: Harold Cunningham/Getty Images)