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A controversial Swiss-Iranian gas deal is still causing a stir a few weeks after it was signed. The deal, worth up to €22 billion, is being criticised yet again, this time by the New York-based Anti-Defamation League. The Jewish association has posted ads in the Wall Street Journal, the New York Times as well as [...]
Filed under: energy, politics, religion | Tagged: energy, Iran, Israel, politics, sanctions, Swiss, Switzerland, terrorism, United States | Leave a Comment »
The head of Switzerland’s biggest bank, UBS, has finally called it quits as his institution’s losses from the US subprime crisis continue. Chairman Marcel Ospel announced his departure on April 1, saying he had decided to leave to help restore confidence in the bank, which has has lost nearly SFr40 billion in the American property [...]
Filed under: banking, business | Tagged: banking, finance, subprime, Swiss, Switzerland | Leave a Comment »
