Hildebrand says he ‘acted correctly’ on deals

Hildebrand says he ‘acted correctly’ on deals

Swiss central bank chief Philipp Hildebrand on Thursday defended himself against criticism of foreign currency transactions made by his family last year and suggested "political motives" were at work.

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Swiss inflation falls to 0.2% in 2011

Consumer prices in Switzerland increased by an average of 0.2 percent last year, down from an increase of 0.7 percent in 2010, data from the official statistics agency said on Friday.

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FIFA draw line under FC Sion row

Manchester United's distant hopes of being thrown a Champions League lifeline were shattered on Friday with the news that FIFA had decided not to take disciplinary action against the Swiss Football
Federation (ASF).