Swiss bank UBS said Tuesday it is banning its private bankers from traveling overseas amid a tax evasion probe by the U.S. government
UBS bans travel amid tax evasion probe
Tag Archives: switzerland
Hundreds feared dead off coast of Libya
Hundreds of people were feared dead on Tuesday after high winds and heavy seas capsized boats carrying African migrants heading for Europe off the coast of Libya. “A tragedy has happened off the Libyan coast with at least two boats going down ..
Clinton doesn’t rule out Iran talks at Afghanistan conference
Secretary of State Hillary Clinton was coy Monday about whether she would meet Iranian delegates at an international conference on Afghanistan, and she urged Tehran to play a positive role in helping stabilize its neighbor. “I believe that there will be an opening by this conference that will enable all the countries, including Iran, to come forward,” Clinton told reporters aboard her plane en route to The Hague for Tuesday’s conference.
Can top luxury brands survive downturn?
Over the next week CNN has special coverage of one of the world’s biggest gatherings of the luxury industry from Basel, Switzerland, bringing you the views of the people behind some of the biggest brands. In this time of economic upheaval, these brands are being put to the test.
Another Reason to Visit Switzerland: Hiking in the Nude
Baby, it’s cold outside. But the early spring chill doesn’t deter Thomas B. from taking a brisk walk along Appenzell’s hilly trails to enjoy the green landscape of this rural canton in northeast Switzerland.
United face Porto in Champions League
European champions Manchester United will play Porto in the quarterfinals of this season’s Champions League, while Liverpool and Chelsea were drawn to face each other in the knockout stages for the fourth time in five seasons. English sides dominated the eight-team draw in Nyon, Switzerland, with Arsenal making up a quartet of Premier League clubs chasing European football’s top prize.
Nadal wins after saving five match points
Top seed Rafael Nadal had to save five match points before beating Argentina’s David Nalbandian 3-6 7-6 6-0 to reach the quarterfinals of the Masters Series tournament at Indian Wells. The fourth round match in California finished at 2 am local time on Thursday morning with world number one Nadal racing through the decider after surviving the scares in the second set.
Obama’s Challenge: Containing the AIG Bonus Outrage
The White House scrambled on Monday to get ahead of the latest outrage stemming from the bailout of failed corporate behemoth American International Group : $165 million in bonus pay for executives in one part of the firm, which is now 80% controlled by American taxpayers. President Barack Obama took to the podium in the East Room to tag AIG by name, calling its financial predicament a product of “recklessness and greed.” The President said he has asked Treasury Secretary Timothy Geithner to “block these bonuses and make the American taxpayers whole,” adding, “This isn’t just a matter of dollars and cents
Prince sends note to suicide couple’s family
Prince Charles has sent a condolence message to the family of a wealthy British couple who ended their lives together at a euthanasia clinic in Switzerland, according to media reports.
Zakaria: Policy on radical Islam should see distinctions
The Pakistani government recently announced a truce with the Taliban and allowed it to set up Islamic courts in the country’s Swat Valley. Reports abound that girls will no longer be allowed to go to school, that brutal beatings are taking place for minor infractions, and the list goes on. NEW YORK (CNN) — The Pakistani government recently announced a truce with the Taliban and allowed it to set up Islamic courts in the country’s Swat Valley