Latest Switzerland News
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Pit bull mix attacks injures 90-year-old woman in Geneva
Seminole County Fire Rescue officials said the woman suffered a severe bite to her neck. She was taken to Orlando Regional Medical Center in serious ...
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Swiss free-trade deal a key global sign Li Keqiang
Switzerland as a touchstone for Beijing's growing ties with foreign nations, he told a Swiss newspaper today ahead of a landmark visit to Europe. Li was scheduled to arrive in Switzerland late today for trade-focused talks in what is the first stop on his debut visit to Europe since taking over in a once-in-a-decade power transfer in Beijing. In an opinion piece published in the Zurich ...
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Swiss Bank Sees U.S. Fine as Part of Deferred Prosecution Deal
Zuercher Kantonalbank, the biggest Swiss cantonal bank, expects to pay a fine to U.S. authorities as part of a deferred prosecution agreement for its alleged role in helping Americans evade taxes. "The bank will have to negotiate a DPA separately with the American authorities, which will also contain a fine," Urs Ackerman, a spokesman for Zurich-based ZKB, said today in an ...
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Syrian opposition mulls stance in Geneva conference in Istanbul
Syria's main opposition group held talks Thursday in Turkey's Istanbul to discuss its stance in the upcoming Geneva international conference.The fresh round of talks are set to run for three days, during which Syria's exiled National Coalition is set to elect a new president to replace the resigned chief, Moaz al-Khatib.Some senior members of the coalition earlier said the ...
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China Switzerland get more to cooperate on
/enpproperty--> ZURICH, Switzerland - Chinese Premier Li Keqiang's upcoming visit to Switzerland is not only expected to be a great push for bilateral economic exchanges, but also a demonstration of China's resolution in further opening up and participating in multilateral affairs. Switzerland is the third leg of Li's first overseas trip as premier. He's currently on an ...
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Swiss Franc Surges Most Since 2011 on Haven Demand Zurich Mover
The Swiss franc rose the most against the euro since the day before the central bank imposed its cap on the currency in 2011 as the prospect of a reduction in U.S. monetary stimulus boosted demand for haven assets. The franc strengthened against all but one of its 16 major peers as stocks slid around the world after a report showed Chinese manufacturing unexpectedly ...
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Kufuor Back Home From Zurich Cape Town
John Agyekum Kufuor Former President John Agyekum Kufuor arrived home Tuesday after speaking engagements in Cape Town, South African and Zurich, Switzerland respectively during which he trumped up growing opportunities for investment in Africa that has seen it been courted by all major powers in the world, Frank Agyekum, a Special Aide and Spokesperson has said. Former President Kufuor told his ...
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Amnesty flags Swiss asylum law
Cabinet has presented a draft bill setting the rules for the freezing and restoring assets obtained illegally by foreign dictators and deposited in Switzerland. If approved by parliament, it will be the first law of its kind in the ...
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Swiss Stocks Slide the Most in Five Weeks as UBS Retreats
rallied 20 percent so far in 2013, its best start to a year since 1998. The broader Swiss Performance Index also lost 2.5 percent today. "This is a correction within ...
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Old music becomes new art
The new Chinese Premier Li Keqiang has chosen to make Switzerland his first European destination, emphasising the historically good relationship between the two countries, which earlier this month agreed on a free trade ...
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Premier Lis visit milestone for Sino-Swiss relations ambassador
Chinese Premier Li Keqiang's upcoming visit to Switzerland will be "a milestone in the development of relations" between the two countries, said Swiss Ambassador to China Jacques de Watteville.During his first overseas trip as premier, Li is paying official visits to India, Pakistan, Switzerland and Germany from May 19 to 27.Premier Li's visit is linked with the conclusion of ...
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Switzerland is first European stop for Chinese PM
Cabinet has presented a draft bill setting the rules for the freezing and restoring assets obtained illegally by foreign dictators and deposited in Switzerland. If approved by parliament, it will be the first law of its kind in the ...
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CORRECTED-UPDATE 1-Swiss Life premiums up on strong demand in home market
Thu May 23, 2013 4:38am EDT (Corrects to 686 mln francs from 419 mln francs in third par) * Q1 premium income up 14 pct from year earlier * Premiums rise 10 pct in group's home market * International unit premiums rise 64 pct ZURICH, May 23 (Reuters) - Premium income at Switzerland's biggest dedicated life insurer Swiss Life rose 14 percent in the first quarter, helped by strong demand ...
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Swiss president says Swiss-China relations marked by mutual trust dynamism
The relations between China and Switzerland are marked by mutual trust and dynamism, Swiss President Ueli Maurer told Xinhua in a written interview ahead of Chinese premier Li Keqiang's visit to his country. Switzerland-China relations enjoy smooth development in various forms, Maurer said. Switzerland is one of the first Western countries to set up joint ventures in China and recognize ...
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Sino-Swiss ties marked by trust dynamism
/enpproperty--> GENEVA - The relations between China and Switzerland are marked by mutual trust and dynamism, Swiss President Ueli Maurer told Xinhua in a written interview ahead of Chinese Premier Li Keqiang's visit to his country. Switzerland-China relations enjoy smooth development in various forms, Maurer said. Switzerland is one of the first Western countries to set up joint ...
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BRIEF-Shares in Swiss Life fall 1.7 pct after Q1 results
ZURICH | Thu May 23, 2013 3:03am EDT ZURICH May 23 (Reuters) - Swiss Life Holding AG : * Shares in Swiss Life fall 1.7 percent after Q1 ...
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Malaysia leads the way in Basel III debt
Thu May 23, 2013 2:52am EDT * Banks line up first loss-absorbing bonds * Deals will test appetite for new style subordinated debt * Other lenders in Asia may follow template By Kit Yin Boey May 23 (IFR) - Malaysia is poised to host Asia's first public issue of loss-absorbing bank debt, so-called bail-in bonds, since the region began the transition to Basel III standards earlier this ...
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U.S. may arm rebels if diplomacy fails Kerry says
John Kerry said. "In the event that we can't find that way forward, in the event that the Assad regime is unwilling to negotiate in good faith, we will also talk about our continued support and growing support for the opposition in order to permit them to continue to fight for the freedom of their country," Kerry said in Amman, Jordan, before a Friends of Syria meeting with key ...
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Switzerland Publishes 2012 Flat Tax Figures
Switzerland's Conference of Cantonal Finance Directors (FDK) has published details of the latest figures from the Swiss cantons, pertaining to the controversial flat tax regime currently benefiting wealthy foreigners in the Confederation. The survey reveals that the number of foreigners subject to the lump sum tax in the Confederation had reached 5,634 at the end of 2012, compared to ...
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Swiss Life premiums rise 14 pct in first quarter 2013
ZURICH | Thu May 23, 2013 1:12am EDT ZURICH May 22 (Reuters) - Premium income for Switzerland's biggest dedicated life insurer Swiss Life rose 14 percent in the first quarter, with the segment for managing rich people's money jumping by nearly two thirds. The insurer said premiums amounted to 6.970 billion Swiss francs ($7.12 billion) in the first three months of the year, ...
Switzerland Featured
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Switzerland world's most competitive country
Switzerland is frequently pointed to as a model of good governance, prosperity, innovation and stability and is one of the happiest countries in the world. The recent competitive survey by the WEF underscored this, but came with a warning.
Switzerland truly is an impressive country, landlocked and small with no natural resources; it has developed into one of the richest countries in the world and was recently named the most competitive economy in the world. This is due in large part to its banking sector, which is one of the most advanced and its government structure, which is efficient in comparison to many other developed countries. Read more
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