Tag: Switzerland

• Thursday, April 11th 2019 - 09:06 UTC

  Swiss prosecution has returned US$ 365m to Brazil linked to corruption operations in Petrobras and Odebrecht

  

  Crime-fighters in Switzerland and Brazil pledged to intensify cooperation to resolve the sprawling corruption case linked to state oil firm Petrobras in which around 700 million Swiss francs (US$ 701 million) remain frozen in Switzerland.

• Tuesday, March 19th 2019 - 08:08 UTC

  Spanish and Swiss companies win rights to operate key Brazilian airport groups

  

  Spain’s Aena SME SA and Switzerland’s Flughafen Zuerich AG last Friday won the right to operate two key Brazilian airport groups, in one of the first tests of President Jair Bolsonaro’s ability to draw foreign investment.

• Thursday, February 14th 2019 - 10:03 UTC

  Global commodity trading firms investigated in Switzerland and by the FBI

  

  Pressure is growing on global commodity trading firms with strong ties to Switzerland for their alleged involvement in the “Car Wash” corruption scandal in Brazil. The US Federal Bureau of Investigation is investigating two Vitol executives in the Americas, according to Reuters news agency.

• Tuesday, February 12th 2019 - 09:41 UTC

  UK and Switzerland sign a post-Brexit “continuity agreement” on trade

  

  The UK and Switzerland have signed a deal to continue trading after Brexit as they did before it. The “continuity agreement” - based on the EU's existing free trade deal with Switzerland - was agreed in December but ratified on Monday.

• Thursday, January 25th 2018 - 10:06 UTC

  EU leaders warn on nationalism and call for global cooperation ahead of Trump's speech

  

  European leaders warned at the World Economic Forum in Davos on Wednesday against a return to nationalism, with France’s Emmanuel Macron and Germany’s Angela Merkel calling for more global cooperation to harness the forces of globalization.

• Thursday, January 25th 2018 - 09:47 UTC

  Macri meets EU leaders in Davos; Argentina sells research reactor to Holland

  

  Argentine president Mauricio Macri held on Wednesday a meeting with the German Chancellor Angela Merkel in the framework of the World Economic Forum in Davos, Switzerland, in which they discussed German investments in Argentina through Private-Public Partnership (PPP).

• Thursday, March 9th 2017 - 21:14 UTC

  UK considered third best country in the world despite Brexit anxieties

  

  Britain has retained its spot as third best country in the world despite anxieties over Brexit, a global survey suggests. Switzerland took first place followed by Canada and the UK, the survey by US News & World Report, Y&R’s BAV Consulting and the Wharton School of the University of Pennsylvania shows.

• Saturday, November 26th 2016 - 12:18 UTC

  Switzerland has returned US$ 2bn of illicit funds stashed in its banks by dictators

  

  With a new law to help seize and repatriate illicit wealth stashed in Swiss banks by foreign dictators and a positive – but slow - track record, Switzerland is a leader in the return of illicit dictator funds, a top Swiss official claims. Over the past 30 years Switzerland has returned almost US$ 2 billion misappropriated and deposited in Swiss banks by “politically exposed persons” (PEPs).

• Friday, August 28th 2015 - 06:50 UTC

  US Treasury sanctions Farc members operating from Switzerland

  

  The US has announced sanctions against four alleged members of Colombia's Farc rebel group, accusing them of drug trafficking and money laundering. The four men used a shop in Switzerland as a front for their activities, the US treasury department said. It says the Farc still use drugs to fund their “ruthless operation”.

• Friday, July 3rd 2015 - 06:55 UTC

  US asks Switzerland for extradition of seven FIFA officials on bribery charges

  

  The United States asked Switzerland on Thursday to extradite seven FIFA officials arrested in an investigation into a global bribery scandal at soccer's governing body, the Swiss Federal Office of Justice (FOJ) announced.