Swiss Abroad

Swiss leaders call for data exchange standards

This content was published on Jun 14, 2013 The move confirms a statement made by Finance Minister Eveline Widmer-Schlumpf last December, but stops short of scrapping banking secrecy. At a news conference in the Swiss capital Bern on Friday, Widmer-Schlumpf said such global rules by the Organisation for Economic Co-operation and Development (OECD) would have to be sustainable, guarantee reciprocity and be in…

Swiss Politics

Quicker decisions expected for asylum seekers

This content was published on Jun 14, 2013 Speaking in Bern on Friday, Justice Minister Simonetta Sommaruga said the goal was to increase the capacity of federal processing centres to centralise procedures and deal with 60 per cent of requests in less than five months. Last year, the government had talked about aiming for an average of 120 days for authorities to process…

Swiss Politics

US continues hunt for tax dodgers in Swiss banks

This content was published on Jun 14, 2013 Wegelin, which announced at the beginning of this year it would close its doors, on Friday confirmed reports that it had received notification by Switzerland’s Federal Tax Authorities to comply with the US request, based on a 1996 double taxation agreement. A bank official added that Wegelin would submit the necessary information. The request focuses…

Swiss Politics

Swiss benefit financially from migration

This content was published on Jun 14, 2013 The 2013 International Migration Outlook found that migrants to Switzerland helped increase net state tax revenue by at least CHF6.5 billion ($7 billion). Using more generous calculation methods, this could even rise to CHF11 billion, the report stated. This is the equivalent to 1.9 per cent of gross domestic product. The only OECD country with…

Swiss Politics

Would you quit your job if you had a state income?

This content was published on Jun 13, 2013 The initiative says creating a new society based on a re-evaluation of work leaves people with the choice of whether to get a paid job and allows them to live a life with less pressure. Is it a utopian idea to give everyone a basic income?

Swiss Politics

Old utopian ideal revived on Swiss streets

This content was published on Jun 13, 2013 “Bloody nonsense,” mutters a middle-aged man as he rushes to the entrance of the Basel railway station at the end of May. A young activist with a clipboard has just invited him to sign an initiative launched by a group of people without the support of a major political organisation. The campaigners say it is…

Swiss Politics

Senate approves US tax probes bill

This content was published on Jun 12, 2013 The 46-seat chamber on Wednesday approved the plan, designed to solve the issue without overturning Swiss banking secrecy laws, by 24 votes to 15 with two abstentions. Lawmakers are divided over the plan to allow Swiss banks, suspected of helping wealthy Americans hide their money, to disclose data to US prosecutors to help settle investigations…

Swiss Politics

Turks in Switzerland divided over protests

This content was published on Jun 11, 2013 Political scientist Can Büyükbay, lawyer Sibel Arslan, and Leyla Gül, Co-General Secretary of the centre-left Swiss Social Democratic Party, hope that the protests in their homeland will lead to permanent changes. They are following the events almost nonstop via social media like Facebook and Twitter. But there are close to 70,000 Turkish citizens living in…

Swiss Politics

Snowden and Switzerland, around the Web

This content was published on Jun 11, 2013

Swiss Politics

The long road from Guantanamo to Switzerland

This content was published on Jun 11, 2013 More than three years have passed since two Uighur brothers and an Uzbek left Guantanamo Bay. At the request of the United States, Switzerland offered them refuge – a place to begin a new life. The transfer of former inmates held at the detention camp within the American naval base in Cuba is back in…

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