Swiss Abroad

Longtime leader of World Jewish Congress has died

This content was published on Dec 22, 2013 According to his charity, The Edgar Bronfman Foundation, the Montreal-born son of Eastern European Jewish immigrants died at his New York home on Saturday surrounded by family. Under Bronfman’s leadership, the World Jewish Congress filed a class action lawsuit in 1995 alleging that Holocaust survivors and their heirs were being denied access to dormant Swiss…

Swiss Politics

Humanitarian crisis reaches Europe’s doorstep

This content was published on Dec 20, 2013 When you pass through the gate of the former military compound of Harmanli, situated near the border with Turkey and now transformed into a huge refugee camp, two things strike you. One is the smell of burning wood that fills your nostrils and sticks to your clothing, and the other is a crowd of humanity…

Swiss Politics

Swisscom considers legal action over stolen data

This content was published on Dec 20, 2013 Three months earlier the NZZ had alerted Swisscom to the fact that it had received access to the information, which apparently had been stored on four stolen data files. Swisscom had filed criminal charges against persons unknown with the Bern public prosecutor’s office. On Friday, the NZZ published further information about the data contained on the…

Swiss Politics

Corporate tax reforms to go out to consultation

This content was published on Dec 19, 2013 Reforming the Swiss corporate tax system was the objective of a series of meetings chaired by Widmer-Schlumpf and attended by representatives of the finance ministry and the Conference of Cantonal Finance Directors. The committee members, who were appointed in September 2012, examined a number of proposals for reforms which would hopefully strengthen Switzerland’s ability to innovate…

Swiss Politics

Swiss hold on to Egyptian and Tunisian funds

This content was published on Dec 18, 2013 In a statement made on Wednesday, the cabinet said that the Swiss government was “taking account of the political transition in the two countries”. The decision applies to the CHF700 million held by former Egyptian President Hosni Mubarak and his aides, as well as CH60 million that were linked to Tunisia’s former autocrat, Zine el-Abidine…

Swiss Politics

Swiss agree to EU savings tax talks

This content was published on Dec 18, 2013 As Finance Minister Evelyn Widmer-Schlumpf told the media on Wednesday, this would require changes to the bilateral accord on how interest is taxed. She added that a prerequisite for Swiss cooperation would be guaranteed market access for Swiss banks in the EU. In May 2013, the Council of EU finance ministers (ECOFIN) told the European…

Swiss Politics

UBS funding casts doubt on university independence

This content was published on Dec 18, 2013 Ursula Jauch is categorical. “It’s a Faustian pact. UBS has had a major reputational problem for years and is employing sophisticated marketing to clear its name,” the University of Zurich (UZH) philosophy professor declared. In April 2012 UZH and the Swiss bank surprised many by announcing a CHF100 million ($112 million) sponsorship deal to fund…

Swiss Politics

Government is ready to renegotiate with EU

This content was published on Dec 18, 2013 The government is now waiting for the EU to give the go-ahead for renegotiations to start. The EU is Switzerland’s most important trading partner; 120 bilateral agreements currently exist between the two. Presenting the decision from parliament, Burkhalter stressed that it is in the interest of Switzerland to renew the institutional deals. Another key issue…

Swiss Politics

Iraq ‘is our responsibility; we are all Iraqis’

This content was published on Dec 18, 2013 Around 6,000 Iraqis have been killed since the year began, including 950 in November alone, according to the Agence France Presse news agency, which bases its figures on security, military and medical sources. Conditions in Iraq are dire, says Faeq al-Abboudi, an Iraqi painter who has been living in Lausanne for 10 years. “We see…

Swiss Politics

Cantonal banks opt in to US tax deal

This content was published on Dec 16, 2013 The larger financial institutions – Aargau, St. Gallen, Zug, Graubünden, Lucerne, Vaud, Geneva and Nidwalden – acting upon the advice of Swiss Financial Market Supervisory Authority (FINMA), have opted to place themselves in category two on the grounds that they cannot rule out the possibility that they may have clients who evaded taxes in the…

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Swiss Abroad

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Swiss Abroad

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Longtime leader of World Jewish Congress has died

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Humanitarian crisis reaches Europe’s doorstep

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Swisscom considers legal action over stolen data

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Corporate tax reforms to go out to consultation

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Swiss hold on to Egyptian and Tunisian funds

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Swiss agree to EU savings tax talks

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UBS funding casts doubt on university independence

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Government is ready to renegotiate with EU

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Iraq ‘is our responsibility; we are all Iraqis’

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Cantonal banks opt in to US tax deal

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