The Swiss government says it may have to renegotiate a carefully wrought deal with the United States that aimed to end proceedings against Swiss bank UBS. Switzerland agreed last August to hand over thousands of files on suspected tax cheats in return fo
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But the government’s preferred solution has so far been to negotiate a way out, hoping the United States would drop the issue if more than 10,000 UBS clients had turned themselves in voluntarily. “I assume today that parliament has to get involved,”... Full Article at Reuters Blogs
But the government's preferred solution has so far been to negotiate a way out, hoping that the U.S. would drop the issue if more than 10,000 UBS clients had turned themselves in voluntarily. "I assume today that parliament has to get involved,"... Full Article at ABC News
The Swiss government has given final approval for two Chinese Guantanamo inmates to be resettled in northwestern Switzerland. Beijing has said in the past that it wants the two ethnic minority Uighurs sent back to China, Full Article at KansasCity.com
Beyond depriving Haiti's relief efforts of additional money, the ruling also strikes a blow at Switzerland's long-standing efforts to shed its image as an investment haven for the world's dictators. “We assume that this money doesn't belong to the... Full Article at Globe and Mail
It said this was because the statute of limitations on any crimes committed by the Duvalier clan would have expired in 2001. Eveline Widmer-Schlumpf, the Swiss justice minister, said: "We assume this money doesn't belong to the Duvalier family. We've... Full Article at The Scotsman
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