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All Posts Tagged Tag: ‘Switzerland’

Netflix To Launch In Six New Countries

Netflix announced on Wednesday that it is readying launches in Germany, Austria, Switzerland, France, Belgium, and Luxembourg. We’ve heard about Netflix’s efforts to secure the further expansion of its European operations, and now it’s coming to fruition. Netflix is already available in the UK and Ireland, Denmark, Finland, Norway, Sweden, and the Netherlands. The company did not give actual launch …

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Credit Suisse Pleads Guilty to U.S. Tax Evasion

Swiss banking firm Credit Suisse this week pleaded guilty to U.S. tax evasion charges. According to the U.S. Department of Justice, Credit Suisse is the largest bank to plead guilty to such charges in over two decades. The case surrounds a years-long investigation by the U.S. government into a conspiracy to aid U.S. taxpayers in avoiding taxes. The charges allege …

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Gripen Fighter Jets Deal Nixed by Swiss Voters

Saab Group was dealt a major blow this week as Swiss voters halted a plan to order the company’s Gripen fighter jets. The deal had been worth an estimated $3.5 billion. The deal stems from a February 2013 agreement between the Saab, the Swedish Defence Materiel Administration, and the Swiss Defense Ministry. Under the terms of the deal Saab was …

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Switzerland $25 Minimum Wage Voted Against

Switzerland voted Sunday to reject a measure called the Decent Salary Initiative, that would establish a minimum wage of $4,515 per month in that country, with 76.3% of voters opposed to the idea. The proposed monthly minimum wage equates to roughly $25 per hour, which would be the highest in the world. Proponents called the wage hike necessary, while opponents …

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Swiss Banker Found Guilty of IRS Fraud

The Swiss banking system, and Swiss bankers in particular, were portrayed in the 2013 Oscar-nominated Scorsese movie The Wolf of Wall Street as outright corrupt. Though the movie, its events, and its characters are based on real-life events, Jean Dujardin’s Swiss banker in the movie (based on real-life banker Jean-Jacques Handali) matches the long-held Hollywood stereotype of a Swiss banker. …

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eBay Adds More Countries To Global Shipping Program

eBay announced today that it has added Switzerland and Norway to the list of countries sellers can ship to using the Global Shipping Program, which includes 42 additional countries. “As you know, the Global Shipping Program helps you expand your sales to millions of eager international buyers,” the company says. “Through the program (which is free to join), you can …

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Ethiopian Airlines Co-Pilot Hijacks Flight To Rome

Early Monday morning, Ethiopian Airlines Boeing 767-300 was bound for Rome when it was hijacked by a co-pilot identified as Hailemedehin Abera Tagegn. The hijacker waited for the pilot to take a toilet break then locked himself inside the cockpit. Tagegn steered the plane to Geneva, Switzerland seeking asylum. He then announced via radio that he would land in Geneva …

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Tina Turner: No Stroke, Oprah Winfrey Confirms

Tina Turner didn’t suffer a stroke recently as many media outlets reported late last week. Oprah Winfrey has even chimed in saying the rumors are false. She and Turner are long time friends and she would certainly know if the singer with the long, gorgeous legs had been that seriously ill. Instead she is happy, fairly healthy–it seems she was …

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Tina Turner Did Not Suffer Stroke Says Oprah

If Oprah says so, we have to believe it. Rumors made their way around the internet the past couple days that 74 year old singer Tina Turner suffered a stroke at her home in Zurich, Switzerland, after the gossip website, Hollywood Street King posted the claim. The site also stated that Turner was at her home “under nurse’s care.” Also, …

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Stanislas Wawrinka Wins His First Grand Slam

Swiss tennis player Stanislas Wawrinka nabbed his first Grand Slam title at the Australian Open on Sunday. In an interview with CNN, the 28-year old Wawrinka seemed thrilled and maybe even a little surprised. “I never dreamed about that, never expected to be in that situation and that’s just crazy … You don’t really know what’s happening, I started to …

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Tina Turner Relinquishes Her American Citizenship

Singing legend Tina Turner has formally relinquished her American Citizenship. The singer, who has been living in Switzerland for over twenty years, has declared that she has no ties to the United States “except for family, and has no plans to reside in the United States in the future.” Therefore she is cutting all ties with the U.S. The Washington …

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Higgs Boson Team Wins Nobel Prize for Physics

LiveScience and Reuters both report that Peter Higgs of Britain and Francois Englert of Belgium have been awarded the 2013 Nobel Prize for physics yesterday. Their prediction of the Higgs boson’s existence helps to explain how the stars and planets formed from elementary matter. LiveScience managing editor Jeanna Bryner said that early Nobel forecasts were predicting the win for Higgs …

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