Duvalier money goes to court after 25 years (update)
GenevaLunch News Update 12:50 Bern / Zurich, Switzerland (GenevaLunch) – The argument over who gets the Duvalier millions, some CHF5.8 million of them, will finally be heard in court, with the Swiss...
View ArticleSeco confirms CHF27m in Syrian assets frozen
GenevaLunch News BERN, SWITZERLAND – The Swiss Secretariat for Economic Affairs confirmed to ATS and AP news agencies Sunday that the government has blocked more than CHF27 million in Syrian assets,...
View ArticleAbacha retrial to go ahead
GenevaLunch News GENEVA, SWITZERLAND – The Swiss Federal Tribunal has ordered a new trial for Abba Abacha, son of former Nigerian General Sani Abacha, who ruled the country for five years in the 1990s....
View ArticleSwiss condemn Israel for measures against Palestine
GenevaLunch News BERN, SWITZERLAND – The Swiss government said Wednesday night 2 November that it condemns Israel for two new measures, voted by the Israeli cabinet Tuesday, shortly after Unesco...
View ArticleBern gives transalpine rail cargo aid to offset high Swiss franc
GenevaLunch News BERN, SWITZERLAND – Four rail groups are receiving CHF21 million in aid from the Swiss government to offset some of the losses they suffered in 2011 due to the rapid increase in the...
View ArticleSwiss president, US attorney general discuss tax issues at IMF meeting
GenevaLunch News Switzerland to share seat with Poland, pledges additional $10 billion to IMF BERN, SWITZERLAND – Swiss President Eveline Widmer-Schlumpf and US Attorney General Eric Holder met on the...
View ArticleNearly CHF1b of Arab spring dictators’ funds blocked by Swiss
GenevaLunch News Returning assets to the people is a priority, says ambassador GENEVA, SWITZERLAND – More than CHF1 billion in assets linked to the regimes of dictators who fell during the Arab spring,...
View ArticleSyrian refugee flood continues unabated: UN needs $1 billion
GenevaLunch News GENEVA, SWITZERLAND – The UN says it will need $1 billion for the first six months of 2013 to cope with the massive flow of refugees who continue to flee Syria, where the bloodshed and...
View ArticleTaking stock: Geneva’s international organizations’ renovations
GenevaLunch News Improved work space and better energy use give breath of fresh air to tired buildings GENEVA, SWITZERLAND – Fipoi is not an acronym that is as familiar as many in Geneva, where they...
View ArticleDow, other markets, see second record day
GenevaLunch News Why is it happening, how long will it last, investors are asking GENEVA, SWITZERLAND – Low interest rates that provide little investment incentive plus good news about the US job...
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