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Tag: Swiss
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Bankers who helped Putin’s friend move millions via Swiss bank accounts lose appeal
By John Revill ZURICH (Reuters) -Four bankers who helped a friend of Russian President Vladimir Putin move millions of francs through Swiss bank accounts have lost their attempt to overturn convictions for failing to perform due diligence in financial transactions. Zurich High Court on Tuesday upheld an earlier judgement against the men who assisted Sergey […]
Swiss Foreign-Worker Reliance Highlighted Amid Immigration Fight
(Bloomberg) — Swiss businesses have benefited from being able to easily tap foreign workers, according to a government report published amid political fighting over immigration and free movement of people from the European Union. Most Read from Bloomberg A record number of people — a net 142,300 — immigrated to Switzerland last year, the State […]
Body found as Swiss rescuers scour debris after landslide
Rescuers in Switzerland have found the body of one of three people who went missing after massive thunderstorms and heavy rain sparked a landslide. The landslide hit a group of three houses in the municipality of Lostallo in the Alpine valley of Misox in Graubunden on Friday. The two other people remain missing, but search […]
Three missing after landslide in Swiss Alps as heavy rains cause flash floods
Three people were missing on Saturday after massive thunderstorms and rainfall in southeastern Switzerland caused a landslide, authorities have said. One woman was pulled out alive after being buried by the landslide in the Alpine valley of Misox in Graubunden. A rescue operation for the three others is ongoing. An excavator removes stones from the […]
UK’s richest family get jail terms for exploiting staff at Swiss villa
A Swiss court handed jail sentences to four members of Britain’s richest family on Friday, branding them “selfish” for exploiting Indian staff at their Geneva mansion. The Hindujas were acquitted of human trafficking, but convicted on other charges in a stunning verdict for the family, whose fortune is estimated at 37 billion pounds ($47 billion) […]
SNB’s Jordan Says Swiss Situation Is Balanced, Not Expansionary
(Bloomberg) — Switzerland’s monetary-policy stance is balanced and doesn’t stimulate the economy, according to Swiss National Bank President Thomas Jordan. Most Read from Bloomberg “We have a relatively balanced situation,” he told Bloomberg Television on Thursday. “The inflation forecast is going slightly down over time, but not dramatically. We have also a situation where growth […]
80 countries at Swiss conference agree Ukraine’s territorial integrity must be basis of any peace
OBBÜRGEN, Switzerland (AP) — Eighty countries called Sunday for the “territorial integrity” of Ukraine to be the basis for any peace agreement to end Russia’s two-year war, though some key developing nations at a Swiss conference did not join in — and the way forward for diplomacy remains unclear. The joint communique capped a two-day […]
Swiss summit communique demands ‘territorial integrity’ of Ukraine
Eighty countries jointly called on Sunday for the “territorial integrity” of Ukraine to be the basis for any peace agreement to end Russia’s war, though some key developing nations did not join in. The joint communique capped a two-day conference at the Burgenstock resort in Switzerland marked by the absence of Russia, which was not […]