Latest News for: Switzerland money

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Facebook’s crypto project reboots with downsized ambitions

The Los Angeles Times 13 May 2021
He said Diem’s payments network will be able to lower the cost of sending money around the world, whether it’s through a Diem-issued coin or the central-bank digital currencies that many countries are considering ... decided to delay the launch of a multicurrency coin in favor of separate cryptocurrencies linked to individual countries’ money.
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Italian mafia milks Swiss Covid funds for expansion

Swissinfo 12 May 2021
The Italian mafia has found ways to expand and steal millions from Switzerland during the coronavirus pandemic, public broadcaster RTS reported on Wednesday ... This money is unlikely to return to Switzerland.
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How to hedge against instability with real world-backed tokens

Cryptoslate 11 May 2021
In the old days, or even still in more traditional settings, people would approach the idea of savings by putting extra money aside each month in a bank account, or under the bed, for bad times and rainy days ... Today, however, having cash means to be constantly losing money.
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Malaysia Sues Deutsche Bank, JP Morgan, Coutts over 1MDB

FX Empire 10 May 2021
Morgan (Switzerland) Ltd and $1.03 billion from a Swiss-based Coutts unit, and interest payments from all of them, according to the lawsuit ... In 2017, Switzerland’s financial watchdog FINMA said the Swiss subsidiary of JPMorgan had committed serious anti-money laundering breaches over business relationships and transactions linked to 1MDB.
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Why waiving intellectual property rights for Covid vaccines is wrong

The Daily Telegraph 09 May 2021
Consider the facts ... “Most countries do not have industrial cell culture capacity or sterile fill-and-finish lines, and trying to start them from scratch is not a good use of time, money and effort. It would be like deciding that Switzerland needs to be self-sufficient in sushi,” says ex-pharmaceutical researcher and science writer Derek Lowe ... .
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South Africans may be good at washing their hands but many are scared of the ...

Independent online (SA) 08 May 2021
Only 19% said the Covid-19 virus had not impacted them ... Locally just over half of South Africans said they had had to stop work temporarily, with 58% claiming in the survey they received less money than usual. First World countries fared better. Only 3% of people from Switzerland said they lost their jobs, while in Germany 6% stopped work temporarily.
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Israel claims European funds diverted to Palestinian militant group PFLP

The National 07 May 2021
Read More ... An Israeli official, speaking anonymously to reporters, said money from Switzerland, Germany, the Netherlands, the UK, Belgium, Sweden, Spain and the EU had been diverted to the PFLP. "None of the governments knew where the money was going," the Israeli official said ... We are studying the specific material shared with us.” ... .
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Israel says Europe aid funds diverted to Palestinian militant group

The Economic Times 07 May 2021
Money from Switzerland, Germany, the Netherlands, the UK, Belgium, Sweden, Spain and the EU had been diverted to the Popular Front for the Liberation of Palestine (PFLP), which has been designated a terrorist group by several Western states ... .
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Returns Market Cooperative Society unveils five new companies to create wealth in south-south

Business Day Online 06 May 2021
He made a startling revelation on how some countries such as Switzerland use the finance market to fund public projects. He said they do so by depositing some money that would grow to fund the intended project ... After some time, I was able to understand how to make money in the finance market.
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CAF Presidents Motsepe and Infantino call for sacred union around football

Ghana Web 05 May 2021
Present in the Ivorian economic capital Abidjan as part of a working visit, Dr ... There are two things I want to say ... This is what makes us proud ... Motsepe ... My story with Cote d’Ivoire is with Ahmed Ouattara who played in Switzerland. "I was young and did not have money to go to the stadium, but we were shouting Ouattara when he scored goals ... .
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Tax Hikes Are Coming. The Question Is How Big

Black Hills Pioneer 05 May 2021
The U.S ... generally imposes withholding taxes of 30% on foreigners, while Switzerland, supposedly a tax haven, imposes 35%. That means that anyone stashing away their investments in Switzerland faces a tax rate of 35% ... So any American hiding money in Switzerland faces a 35% tax rate on dividends. If the person invests their hidden Swiss money in U.S.
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French minister to visit Lebanon and press for end to political deadlock

The Irish Times 04 May 2021
Fraud and money-laundering ... They accuse Lebanon’s central bank governor Riad Salameh of amassing property and a fortune in Europe by means of fraud and money-laundering. He has been blamed for the crisis in Lebanon’s banking sector and is under investigation in Switzerland ... Businesses, shops, restaurants, hotels and manufacturers have closed ... .
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Officials in Switzerland push back at Biden ‘tax haven’ barb

Wtop 30 Apr 2021
Switzerland long had a reputation as a haven for tax dodgers to squirrel away their money to avoid fiscal authorities abroad ... “Switzerland meets all international standards in tax matters.” ... or other developed-nation citizens to hide money in Switzerland, it’s still pretty easy for people from “weaker” countries to do so, he said.
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Officials in Switzerland push back at Biden 'tax haven' barb

The Times & Democrat 30 Apr 2021
Switzerland long had a reputation as a haven for tax dodgers to squirrel away their money to avoid fiscal authorities abroad ... “Switzerland meets all international standards in tax matters.” ... or other developed-nation citizens to hide money in Switzerland, it's still pretty easy for people from “weaker” countries to do so, he said.
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Tammy Ketura Announces the Releases of New International Collaborative Project, "I AM"

Daily Freeman 30 Apr 2021
"The concept for the project came to me while I was hiking in the UNESCO World Heritage Site of Sardona, Switzerland in July 2020. I was hiking, and pondering what clients were telling me; I need to heal and I don't have the money to heal. I notice how the concept "I need money to heal" was also a major blocker on my own healing journey ... Tammy Ketura.

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