SNB & CHF

An investigation by Swiss media RTS and Neue Zürcher Zeitung (NZZ) revealed that a Swiss precious metal refiner imported gold from a Dubai-based refinery accused of money laundering and trading gold from conflict areas. The authorities had already warned the Swiss refiner, so why didn't they sanction it? Stay tuned for part two to find out! 🔗Or click here to read the full story: https://www.swissinfo.ch/eng/the-dark-secrets-of-switzerland-s-largest-gold-refinery/48802284

Swiss universities regularly rank high in international surveys and attract a large number of foreign students. 📚 In this explainer we look at which universities there are, how can students access them and where do foreign students fit in. Click here to find out more: https://www.swissinfo.ch/eng/explainer--understanding-the-swiss-higher-education-system/48739682 --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland...

Swiss universities regularly rank high in international surveys and attract a large number of foreign students. In this explainer we look at which universities there are, how can students access them and where do foreign students fit in. In the Times Higher Education (THE) World University rankings in 2020, Switzerland had more top-200 universities per capita than any other country. Each year around 258,000 students enrol at a Swiss higher education institution. Currently, 44% of...

When former Malaysian Prime Minister Najib Razak came to power in 2009, he announced the creation of a public investment fund called 1MDB, intended to finance development projects for the country's infrastructure. But five years later, when investigative journalist Clare Brown looked into this forgotten subject, she discovered that almost $2 billion borrowed from international banks had never been invested in roads or hospitals around the country – instead it had been spent on luxury...

Here are three news stories from Switzerland you shouldn't have missed this week. Want to know more about these stories? Follow the links below! ⛪️Sweeping study finds 1,000 cases of sexual abuse in Swiss Catholic Church since 1950: https://www.swissinfo.ch/eng/priests-committed-over-1-000-sex-crimes-in-switzerland-since-1950/48804720 🏎️Swiss students break world record with self-built electric car:...

On December 22, 2008, Swiss prosecutor Laurence Boillat interviewed an HSBC bank employee at Geneva police station. The employee was a computer scientist called Hervé Falciani, who had been born in France and had lived in Switzerland for ten years. Over several months, the Swiss police had been received tips accusing him of attempting to sell banking data. But that evening, the magistrate let him go home without managing to extract any information from him. Is Falciani a...

On May 7, 2000, the Grand Kremlin Palace in Moscow hosted the inauguration ceremony of Vladimir Putin, the new president of Russia. The building had been renovated shortly before, at Boris Yeltsin's request. But the Russian government did not choose a national company to do this work: it called on Mabetex, a Swiss-based construction company. A year earlier, the company had been investigated for suspicious financial transactions involving entities at the centre of Russian power. It was the...

Do you think Swiss expats should be able to retain their health insurance in Switzerland? In the past few years the number of Swiss pensioners who live abroad has increased, and because of their age and sometimes critical health conditions they can find only expensive health insurance or none at all. What are your thoughts on this? Let us know in the comments 👇 And click here to find out more:...

Overview: The dollar was bought after yesterday's pullback spurred by Japanese and Chinese comments and the tighter capital controls from Beijing requiring permission to buy more than $50 mln. The economic and monetary policy divergence continues to underpin the greenback. It is firmer against all the G10 currencies and is mostly inside yesterday's ranges. Most emerging market currencies are lower, led by central European currencies. The Chinese yuan is steady....

In the 1990s, Mexico became the scene of a gigantic cocaine market. Before the bundles of cash amassed by the drug cartels could be reinjected into the legal economy, this dirty money needed laundering - with the approval of the country's political representatives. At the time, Mexico was governed by the Institutional Revolutionary Party. Corruption was everywhere, and two names stood out - those of the brothers Carlos and Raul Salinas, “the Kennedys of Mexico”. Carlos Salinas...