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Swiss HSBC unit loses plea to block database

One of France's highest courts rejected a plea on Wednesday by a Swiss unit of HSBC bank that a French government database of citizens holding bank accounts abroad should be blocked as an excess of power.

Crazy cows attack Alpine hikers

Crazy cows attack Alpine hikers

Switzerland's spell of sizzling weather seems to have left Alpine cattle a bit hot under their cowbell collars. For the second time in a couple of weeks, hikers in Canton Graubünden have been attacked by cows nursing newborn calves.

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Switzerland plans to hand over Libyan assets

Switzerland will release millions of francs worth of frozen Libyan assets as soon as the United Nations lifts sanctions that were imposed on Muammar Qaddafi’s government, a Swiss official said on Tuesday. 

 

 

Swiss ambassador rejects US tax criticism

Swiss ambassador rejects US tax criticism

Switzerland's ambassador to the United States, Manuel Sager, has penned a letter strongly refuting “claims that Switzerland is fighting against handing over bank information about Americans who have cheated on their taxes.“