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Businessman gets prison in UBS tax probe

This content was published on Oct 30, 2009 The man’s attorneys had asked for only probation because his extensive cooperation led to charges against others involved with the Swiss bank. But US District Judge James I. Cohn said on Friday that the nature of the crime warranted some jail time. Prosecutors had asked for a nine-month sentence. The 70-year-old toy magnate is among…

Weapons export ban vote to test emotions

This content was published on Oct 30, 2009 Swiss industry has mobilised a campaign against the ban, arguing that it would cost jobs while the “yes” camp says lives come before profits. The government has recommended that voters reject a ban. On November 29, Switzerland will vote on the controversial and emotional subject for the third time since 1972. Two previous attempts to…

H1N1 vaccine campaign to begin mid-November

This content was published on Oct 30, 2009 “We have at our disposal products that are tested and safe,” Thomas Zeltner, the office’s outgoing director, told media in Bern on Friday. Switzerland has ordered 13 million doses of vaccine from Novartis and GlaxoSmithKline. Zeltner said a second phase, in which anyone wanting a jab could get one, would take place around two weeks…

“Swissy” plays his cards right

This content was published on Oct 30, 2009 The 23-year-old from Lugano, canton Ticino, spoke to swissinfo.ch during a recent tournament in Venice about starting out as a croupier, the “Italian Pirate” and Roger Federer. Rinaldi, whose $1,314,861 (SFr1,350,000) career winnings put him second on Switzerland’s all-time money list just behind Chris Bigler, had his biggest payday in Cannes last year when he…

Expert slams plans to curb assisted suicide

This content was published on Oct 29, 2009 Frank Petermann, an expert in medical law in St Gallen, tells swissinfo.ch that the planned regulations go against human rights and will fail to prevent people from travelling to Switzerland to die. Right-to-die organisations have also been quick to dismiss the government plans as outdated and patronising. Justice Minister Eveline Widmer-Schlumpf presented two draft bills…

Call for action after Italian bank raids

This content was published on Oct 29, 2009 Filippo Lombardi of the Christian Democrats said the talks should be halted until the situation was clarified. However a spokesman for the Swiss Federal Tax Administration noted that the agreements were a necessary part of Switzerland’s commitments to conform to international tax cooperation standards. Italian Foreign Minister Franco Frattini also waded into the issue on…

Lead author of key Swiss wartime report dies

This content was published on Oct 29, 2009 Jean-François Bergier died on Thursday morning at the age of 77 at a hospital in Blonay, near Lake Geneva, after a short battle with cancer, his family said. The independent commission of experts (ICE) was set up in 1996 in response to a scandal involving dormant Swiss bank accounts belonging to victims of the Holocaust.…

Arms exports rise again

This content was published on Oct 29, 2009 According to the Federal Customs Office, the biggest destinations were Germany and Saudi Arabia, but Pakistan has reduced its orders. The nine-month result was up by SFr9 million, or 1.8 per cent, on the same period last year. It continues a trend, as last year arms exports from Switzerland rose by 55 per cent as…

Swiss airline keeps flying into profit

This content was published on Oct 29, 2009 The airline, now a daughter company of the German Lufthansa, announced on Thursday that the operating profit for July to September was SFr47 million ($46 million). As a whole, over the first nine months of 2009, Swiss achieved an operating profit of SFr113 million, a drop of 70 per cent on last year. The company…

ABB shows third quarter profit

This content was published on Oct 29, 2009 In a statement released on Thursday, ABB said that it had made a net profit of $1.034 billion, up by 12 per cent from the same period last year. The result was boosted by previously announced provision adjustment of $380 million. Turnover dropped by 10 per cent to $7.9 billion and orders fell by 15…

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Businessman gets prison in UBS tax probe

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Weapons export ban vote to test emotions

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H1N1 vaccine campaign to begin mid-November

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“Swissy” plays his cards right

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Expert slams plans to curb assisted suicide

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Call for action after Italian bank raids

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Lead author of key Swiss wartime report dies

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Arms exports rise again

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Swiss airline keeps flying into profit

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ABB shows third quarter profit

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