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Swiss edge closer to tax hike for rich foreigners

Switzerland took a step towards higher taxes on 5,000 wealthy foreign residents, with the upper chamber of parliament approving a bill for a higher tax rate on Tuesday.

Violent cake attacker creams Calmy-Rey

Violent cake attacker creams Calmy-Rey

Micheline Calmy-Rey, Switzerland’s former president, fell victim to a full-facial cake attack in Geneva on Monday evening.  

Switzerland sees surge in cross-border commuters

Switzerland sees surge in cross-border commuters

More than quarter of a million cross-border foreign commuters were working in Switzerland in the last quarter of 2011, new statistics show.

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Swiss agree deal to help US find tax cheats

Swiss lawmakers on Monday approved a revised tax accord with the United States that eases banking secrecy rules, allowing Washington to obtain details of tax cheats from Swiss banks with greater ease.