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Swiss Prepare Army for Euro Zone Fallout ~ CNBC
With anti-austerity protests across Europe resulting in civil unrest on the streets of Athens and Madrid, the European country famed for its neutrality is taking unusual precautions. Switzerland...
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Swiss move towards barring Eurozone refugees ~ Telegraph
by Nick Meo [...] So many young Portuguese, Greeks, Italians and Spaniards have streamed in to try their luck – 75,000 foreigners arrived last year – that calls are growing to re-introduce immigration...
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Switzerland May Have Just Voted In Some Of The Toughest Executive Pay Rules...
by Adam Taylor According to recent exit polls, Switzerland may have just voted in some of the toughest executive pay rules in the entire world. The new rules voted on today would allow shareholders at...
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Swiss to vote on central bank gold reserves ~ Swiss Info
A rightwing group has submitted more than 106,000 signatures to the federal authorities, seeking a vote on stopping the sale of gold reserves held by the Swiss National Bank (SNB). It also wants gold...
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Private Banks Leave Switzerland as End of Secrecy Hurts ~ Business Week
by Aaron Kirchfeld and Elena Logutenkova Business Week For European lenders with private-banking aspirations, a presence in Switzerland used to be a must. Now, with bank secrecy eroding and rising...
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Nuclear waste discovered under lake in Switzerland ~ Press TV
Press TV Scientists have found that a nuclear plant in Switzerland is responsible for the radioactive material found in a lake used to supply potable drinking water, a report says. Geologists from...
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Swiss war game envisages invasion by bankrupt French
From The Telegraph: [...] Famous for its bank secrecy laws, Switzerland often comes under criticism for allowing foreign account holders to hide their wealth from tax officials at home. But these...
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Swiss vote for sweet minimum monthly wage: $2,800
From RT: Some 120,000 Swiss signatories have put their names to a petition demanding a monthly minimum wage of $2,800 (2,500 Swiss francs) for every single member of the working adult population....
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Switzerland backs quotas on migrants as referendum ‘receives approval by...
From The Independent: Relations between Switzerland and the rest of Europe have been plunged into confusion after the Swiss appeared to have voted in favour of a ceiling on foreign migrants – including...
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New Law Requires Swiss Banks to Report Customers Evading Tax: Interview with...
Filed under: Big Banks, Corporations, European Union, Financial Crisis, Interviews, Switzerland, Tax Havens, USA
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Switzerland May Soon Have World’s Highest Minimum Wage
Christopher Zara reports for The International Business Times: On May 18, Swiss voters will decide a referendum that would create a national minimum wage of 22 Swiss francs ($24.99) per hour, or 4,000...
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Swiss voters reject plan to establish world’s highest minimum wage
Julia Kollewe reports for The Guardian: ‘Swiss voters have rejected a proposal to create what would have been the world’s highest minimum wage after siding with the government and business leaders in a...
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Credit Suisse Bank Pleads Guilty to Decades of Tax Evasion, But Execs Avoid...
‘European banking giant Credit Suisse has pleaded guilty to helping American clients avoid paying taxes by concealing assets in illegal, undeclared bank accounts — becoming the largest bank to plead...
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5 Things You Need to Know About Credit Suisse’s Criminal Charge: Interview...
‘Swiss bank Credit Suisse becomes the first bank to be criminally charged after the 2008 financial crash, but tax expert James Henry explains how this is not a real victory for citizens looking to...
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Switzerland ‘could grant Edward Snowden asylum if he testifies against NSA’
Natasha Culzac reports for The Independent: ‘Switzerland would grant Edward Snowden asylum if he revealed the extent of espionage activities by the US government, recommendations by the Swiss Attorney...
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FIFA to face same scrutiny as ‘worst dictators on this planet’
Keir Radnedge reports for World Soccer: ‘Legislative changes are on their way so Swiss law enforcement agencies can keep a closer eye on senior figures in the international sports federations which...
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Markets Nervous Ahead of Swiss Gold Vote
Chiara Albanese and Ese Erheriene report for The Wall Street Journal: ‘Gold and currencies markets are starting to show their first nerves ahead of a referendum in Switzerland that could potentially...
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HSBC files show bank helped clients dodge millions in tax
HSBC files show how Swiss bank helped clients dodge taxes and hide millions HSBC bank ‘helped clients dodge millions in tax’ HSBC Swiss bank operated like cash machine for rich clients The Bank of Tax...
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Banking Giant HSBC Sheltered Murky Cash Linked to Dictators and Arms Dealers
The International Consortium of Investigative Journalists reports: ‘Secret documents reveal that global banking giant HSBC profited from doing business with arms dealers who channeled mortar bombs to...
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