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Syrian assets worth 0m frozen in Switzerland

Syrian assets worth $190m frozen in Switzerland

Portraits of ousted Syrian President Bashar al-Assad dumped in a skip in the Damascus suburb of Daraya on Monday. Photo / Rami al Sayed, AFP Switzerland is home to around 99 million Swiss francs ($190 million) in frozen Syrian assets, Bern’s economy ministry told AFP, denying any of it belonged to fallen president Bashar al-Assad....

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Switzerland’s Immigration Dilemma: Balancing Growth and EU Relations | Business

Switzerland’s Immigration Dilemma: Balancing Growth and EU Relations | Business

Switzerland is grappling with immigration challenges linked to its economic boom, powered by a low-tax business model that has strained political relations with the European Union. This issue, a major sticking point during previous negotiations, threatens to disrupt ongoing talks with the EU to update trade agreements, as Switzerland seeks to introduce measures...

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Switzerland Faces Trade Tensions: Trump’s Tariff Proposals Stir Concerns | Business

Switzerland Faces Trade Tensions: Trump’s Tariff Proposals Stir Concerns | Business

Switzerland expressed concern on Tuesday over U.S. President-elect Donald Trump’s tariff plans, announcing potential countermeasures if his administration implements them. Trump’s strategy aims to escalate trade tensions with a proposed 10% tariff on all imports and even higher taxes on goods from China. The Swiss economy, heavily reliant on exports to the U.S., could...

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Style Edit: La Prairie’s revolutionary Life Matrix Haute Rejuvenation Cream

Style Edit: La Prairie’s revolutionary Life Matrix Haute Rejuvenation Cream

It’s really a shift from the more traditional way of doing anti-ageing to something that is more future-oriented. Every client has a different lifestyle, skin conditions, genetic predispositions. I don’t want this old classification just addressing two parameters, oiliness and hydration. It’s really more about the holistic conditions of the skin in terms of health...

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Switzerland moves towards cashless future with instant payments

Switzerland moves towards cashless future with instant payments

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Switzerland, in Partnership With the African Development Bank Group, Aims to Expand Opportunities for the Swiss Private Sector in Africa

Switzerland, in Partnership With the African Development Bank Group, Aims to Expand Opportunities for the Swiss Private Sector in Africa

The Swiss private sector would like to play a more substantial role in the African Development Bank’s operations in Africa. This desire was expressed during meeting between Bank senior management and the Swiss economic mission, spearheaded by Ivo Germann, Director of Foreign Economic Affairs at the State Secretariat for Economic Affairs (SECO). The Swiss delegation...

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Ishaq Dar invites Swiss investment in tech, energy – Mettis Global Link

Ishaq Dar invites Swiss investment in tech, energy – Mettis Global Link

1 PKR 278.00000 278.20000 278.20000 278.00000 01:08 PM 2 EUR 1.07738 1.07740 1.07740 1.07738 09:12 AM 3 GBP 1.25241 1.25254 1.25254 1.25241 09:12 AM 4 CHF 0.90696 0.90700 0.90700 0.90696 09:12 AM 5 JPY 155.79000 155.80000 155.80000 155.79000 09:12 AM 6 CAD 1.36476 1.36482 1.36482 1.36476 09:12 AM 7 AUD 0.66101 0.66104 0.66104 0.66101 09:12...

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Switzerland becomes first major economy to cut interest rates in surprise move

Switzerland becomes first major economy to cut interest rates in surprise move

The Swiss national flag hangs from the Federal Palace, Switzerland’s parliament building, in Bern, Switzerland, on Thursday, Dec. 13, 2018. The Swiss National Bank cut its inflation forecast and showed no inclination of moving off its crisis-era settings, citing the francs strength and mounting global risks. Photographer: Stefan Wermuth/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty...