In what can be seen, in retrospect, as a monumental and culminating moment that was preceded with months of threats and subtle pressure, the US Government has just about erased any semblance of the ill reputed Swiss Banking Secrecy Law that has been around for over 75 years. The Swiss economy has been, at […]
The Tuesday Deadline Gives the Swiss Goverment no Choice but to Provide Bank Details
Estimates range from anything between 20 to 30 Billion USD stashed away in Swiss banks, kept away from the prying eyes of the IRS. The Swiss have little choice but to kowtow to the growing pressure that has been building up worldwide to active transnational tax fraud. In this case actively pursued and abetted by […]
Pak Taliban Kidnap two Swiss Tourists as Ransom for Aafia Siddiqui
For the past four weeks two Swiss citizens, David O. and Daniela W., both active police personnel, on a private trip across Pakistan have found themselves in the limelight of the continuous feud involving Pakistan and the US. For reasons best known to them, they were traversing the North-West frontier Province (NWFP) in a VW […]
Politics Depicts Your Average John Doe OR Your Fears Find Succour With Your Favourite Politician
"Government of the people by the people shall not perish from the Earth" were the words of Abraham Lincoln. School children are made to ponder on this quote and many a school assignment has been garnished with a debate on this Gettysburg Address. 150 years since, democracies hold true to the essential truth that we […]
OECD Questions Switzerland’s Business Ownership Practices
Switzerland’s cloaking practices as a tax haven are well known, but there appear to be a couple of practices that the OECD still finds anathema to an open and transparent business environment. Both practices in themselves may not be considered as illegal, but could in practice be used to cloak activities with a nefarious purpose. […]
Financial Ties Bind Medical Societies to Drug and Device Makers
From the time they arrived to the moment they laid their heads on hotel pillows, the thousands of cardiologists attending this week’s Heart Rhythm Society conference have been bombarded with pitches for drugs and medical devices. St. Jude Medical adorns every hotel key card. Medtronic ads are splashed on buses, banners and the stairs underfoot. […]
- 1
- 2
- 3
- 4
- Next Page »