Showing Archived Posts

Bodies of Swiss Bus Crash Victims Being Flown Back to Belgium

Posted March 16th, 2012 at 4:15 am (UTC-5)
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Belgian military planes are bringing home the bodies of 28 people, mostly children, killed in a bus crash earlier this week in a Swiss tunnel. Belgian officials declared Friday a national day of mourning, as the memorials outside two Catholic schools attended by nearly two-dozen victims continue to grow. Authorities say all the victims have […]

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Swiss Hostages in Pakistan Now Free

Posted March 15th, 2012 at 10:25 am (UTC-5)
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A Swiss couple is now free after being held captive by Pakistani Taliban militants for more than eight months. Swiss tourists Olivier David Och and Daniela Widmer appeared smiling and looking healthy before television cameras Thursday at a military airbase near the Pakistani capital Islamabad. It is the first time the two have been seen […]

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Swiss Hostages in Pakistan Now Free

Posted March 15th, 2012 at 9:10 am (UTC-5)
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A Swiss couple is now free after being held captive by Pakistani Taliban militants for more than eight months. Swiss tourists Olivier David Och and Daniela Widmer appeared smiling and looking healthy before television cameras Thursday at a military airbase near the Pakistani capital Islamabad. It is the first time the two have been seen […]

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Swiss Hostages in Pakistan Now Free

Posted March 15th, 2012 at 4:30 am (UTC-5)
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A Swiss couple is free after being held hostage by Pakistani Taliban militants since last July. A Pakistan army spokesman says the hostages told intelligence agents they had escaped. The spokesman said the military has taken them to Peshawar, where they are being questioned. Military officials had said earlier the hostages were found on a […]

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Swiss Hostages Released in Pakistan

Posted March 15th, 2012 at 2:35 am (UTC-5)
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A Swiss couple has been released after being held hostage by Pakistani Taliban militants since last July. Military officials in Pakistan said Thursday the hostages were found on a main road near a military checkpoint in North Waziristan, in Pakistan’s tribal region, where the militants had kept them captive. Officials say they have been taken […]

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US Accuses 2 Swiss Financial Advisers of Tax Fraud

Posted March 14th, 2012 at 1:25 pm (UTC-5)
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The U.S. is accusing two Swiss financial advisers of assisting wealthy Americans to hide more than $260 million in overseas bank accounts to avoid taxation. U.S. prosecutors on Wednesday alleged that the advisers, Hans Thomann and Josef Beck, working independently of each other, acted as “full service tax evasion advisers.” The prosecutors accused Beck of […]

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US Charges Swiss Bank with Helping Americans Evade Taxes

Posted February 2nd, 2012 at 9:20 pm (UTC-5)
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The U.S. Justice Department has indicted Switzerland’s oldest bank for allegedly helping customers hide more than $1.2 billion from U.S. tax collectors. U.S. authorities also seized more than $16 million in assets that the Wegelin bank holds in a U.S. account. The indictment charges Wegelin with soliciting customers from another Swiss bank, UBS, when that […]

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Swiss National Bank Chief Resigns Amid Trade Scandal

Posted January 9th, 2012 at 11:00 am (UTC-5)
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The head of the Swiss National Bank has stepped down after a scandal involving a controversial currency trade made by his wife. In a statement, the bank said Philipp Hildebrand’s resignation takes effect immediately. Hildebrand on Thursday denied any wrongdoing, following media reports about alleged insider trading on a dollar trade his wife made in […]

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Swiss Explosion Kills 1, Injures 14

Posted October 25th, 2011 at 4:10 pm (UTC-5)
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Swiss police have announced that one person has been killed and 14 others injured in an explosion in an apartment building in the western city of Yverdon-les-Bains. The cause of the blast Tuesday is still unknown. Police say an investigation is under way. Yverdon-les-Bains is less than 40 miles west of the Swiss capital of […]

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Swiss Hostages in Pakistan Appear in Video

Posted October 25th, 2011 at 12:20 pm (UTC-5)
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A Swiss couple being held hostage by the Pakistani Taliban is asking officials to give in to their kidnappers’ demands, in a video newly posted on the Internet. The video was made available on the YouTube website Tuesday by the Pakistani think-tank FATA Research Center. The group does not say how it obtained the footage. […]

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