Tag Archives: Switzerland

The Swiss National Bank’s investment in US nuclear arms fabrication has soared since last year. (Keystone) A wide range of topics occupied Swiss newspapers this weekend, from Swiss investments in US arms companies and requirements for FIFA World Cup host countries, to what to do in the event of a terror attack. A critique of Geneva’s relationship with the Red Cross also made headlines. Swiss arms investments The NZZ am...

Under the US Department of Justice’s 2013 ‘Swiss Bank Program’, 80 Swiss or Swiss-based banks paid $1.36 billion in fines for helping clients evade US taxes (Keystone) The Geneva asset management firm Prime Partners has agreed to pay $5 million (CHF4.8 million) to the United States to settle charges for tax evasion and assisting US taxpayers in opening and maintaining undeclared foreign bank accounts from 2001 to 2010....

Don’t let “traditional biases” stop you from diversifying into gold – Dalio on Linkedin “Risks are now rising and do not appear appropriately priced in” warns founder of world’s largest hedge fund Geo-political risk from North Korea & “risk of hellacious war” Risk that U.S. debt ceiling not raised; technical US default Safe haven gold likely to benefit by more than dollar, treasuries Investors should allocate at...

Bitcoin Fork, Hyped ICOs – Immutable Gold and Silver Latest developments show risks in crypto currencies Confusion as bitcoin may split tomorrow SEC stepped into express concern over ICOs ICOs have so far raised $1.2 billion in 2017 ICOs preying on lack of understanding from investors Physical gold not vulnerable to technological risk Beauty and safety in simplicity of gold and silver Forks and ICOs solves bitcoin v...

The Pilatus PC-7 is used by the Swiss Air Force as a training aircraft and for aerobatic shows (Keystone) Swiss authorities have received requests for information concerning possible Swiss bank accounts of Indian defence deals broker Sanjay Bhandari. He is under investigation for allegedly helping Swiss firm Pilatus secure an order for 75 training aircraft for the Indian Air Force in 2012. The decision on whether or not...

In the NZZ, Simon Gemperli argues that Liechtenstein is doing better than Switzerland. Swiss tabloid Blick criticizes Liechtenstein. Previous, more positive NZZ articles about Liechtenstein: May 2014; March 2016; November 2016; April 2017.

Accounts of the financial crisis leave out the story of the secretive deals between banks that kept the show on the road. How long can the system be propped up for? - Click to enlarge It is a decade since the first tremors of what would become the Great Financial Crisis began to convulse global markets. Across the world from China and South Korea, to Ukraine, Greece, Brexit Britain and Trump’s America it has shaken...

Now that the possibility of a war between the US and North Korea seems just one harshly worded tweet away, and the window of opportunity for a diplomatic solution, as well as for the US stopping Kim Jong-Un from obtaining a nuclear-armed ICBM closing fast, analysts have started to analyze President Trump’s military options, what a war between the US and North Korea would look like, and what the global economic...

Authored by Marcia Christoff-Kurapovna via The Mises Institute, “Switzerland will have the last word,” wrote Victor Hugo in the late 19th century. “It possesses one of the most perfect forms of government in the world.” A contemporary of his, Frederick Kuenzli, a scholar of the Swiss Army, boasted: “No purer type of Republican ideals, no more fixed and devoted adherence to those ideals can be found in all the world...

In the NZZ, Sean Müller und Paolo Dardanelli report about long-term trends in the Swiss federalist structure. Legislation has become more centralized. Implementation less so. Cantons increasingly implement federal legislation. But decentralized authority to collect taxes has remained largely in place. Figure from the NZZ: