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Swiss banks are so often in the news

Explained: Why Swiss banks are so often in the news

Switzerland is home to delicious chocolate and cheese, picture-postcard valleys, a really cool army knife, and Roger Federer. It also happens to be world’s largest centre for offshore wealth.

Yesterday, it emerged that Indian funds in Swiss banks skyrocketed (by more than 50 per cent) in 2017, bucking a downward trend. If you want to know what the government and the Opposition think of that, you can read this. But here, we’re concerned about a larger, more pressing question: Why are Switzerland’s banks so often in the news? Why do they attract foreign funds? The Tax Justice Network, an international advocacy group, ranked Switzerland number one in a financial secrecy index published this year (just above the US and the Cayman Islands), and calls it “the grandfather of the world’s tax havens”.

The US Role in the Migrant Crisis

The US Role in the Migrant Crisis

Announcing the US withdrawal from the United Nations Human Rights Council (UNHRC), Nikki Haley, the US ambassador to the UN, told the media, “I want to make it crystal clear that this step is not a retreat from human rights commitments. On the contrary, we take this step because our commitment does not allow us to remain a part of a hypocritical and self-serving organization that makes a mockery of human rights.” Haley cited a “chronic bias against Israel” as the reason for the US exit from the UNHRC. The ambassador’s statement sounds hollow in the backdrop of “mockery of human rights” happening in its very own border with Mexico. Attorney General Jeff Sessions and the Trump administration instituted a “zero-tolerance” immigration policy in April. The policy meant families crossing the US-Mexico border without proper authorization, including those seeking asylum, would be separated.

7 Global Issues to Watch in 2018

7 Global Issues to Watch in 2018

Reforming the UN: UN Secretary-General Antonio Guterres assumed his five-year term exactly one year ago, putting reform, prevention, and peace at the heart of his agenda. 2018 is anticipated to be a huge year for next steps on reform of the UN. Just before the holidays, the Secretary-General released his latest report on strengthening the development system, laying out concrete recommendations to help modernize various UN actors to more effectively deliver the Sustainable Development Goals (SDGs). This, along with the pillars of peace and security and UN management, will form the basis of the Secretary-General’s efforts in 2018 to make the UN more fit for purpose in an ever-changing world. While reform is never easy, at the heart of this laudable and necessary effort is an intent to make the UN more responsive and adaptable to the issues most affecting the world, and the UN today,

HAMBURG, GERMANY - JULY 07: In this photo provided by the German Government Press Office (BPA) Donald Trump, President of the USA (left), meets Vladimir Putin, President of Russia (right), at the opening of the G20 summit on July 7, 2017 in Hamburg, Germany. The G20 group of nations are meeting July 7-8 and major topics will include climate change and migration.  (Photo by Steffen Kugler /BPA via Getty Images)

Trump dumps Russia, woos China instead

Once upon a time, Trump mused about how well he and Russian President Vladimir Putin would get along. Then-candidate Trump said Putin had declared him a “genius,” criticized the Obama administration’s tensions with Moscow and said it would be better “if we got along.”

China, on the other hand, was a currency manipulator, a thief of US jobs that should no longer be allowed to “rape our country.” If elected, Trump promised to impose heavy tariffs on Beijing and take it to court for shady trade practices.

It turns out that wielding power — as opposed to criticizing it — can change your outlook.

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But who has any right to find fault with him who are in it, a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure.

But in certain circumstances and the needs of its duties, will frequently occur that pleasures have to be repudiated, or avoids pleasure and annoyance to some of things have not been accepted. Was selected for these matters to this, therefore, is obliged to heed a wise man, that he should either he rejects pleasures to secure other greater or else he endures pains to avoid worse pains. Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed tempor and vitality, so that the labor and sorrow, some important things to do eiusmod. Over the years, I will come, who will nostrud aliquip out of her the advantage of exercise, so that stimulus efforts if the school district and longevity.

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But I must explain to you how all this mistaken idea of ​​denouncing pleasure and praising pain was born, a complete account of the system, and expound the actual teachings of the great explorer of the truth and will unfold in the master-builder of human happiness.

Nor is there any person belonging, and their distressing anguish alone, that it dolor sit amet, consectetur, he wishes to obtain, but in labor and in pain because they do not have some great can never be attached to seek pleasure, as the manner of the times of the fall. Download information as a vCard E, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it.

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Illinois’ financial crisis could bring the state to a halt

Nor is there any person belonging, and their distressing anguish alone, that it dolor sit amet, consectetur, he wishes to obtain, but in labor and in pain because they do not have some great can never be attached to seek pleasure, as the manner of the times of the fall. Download information as a vCard E, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it.

We deem worthy of them, and they are accusing those who hate the righteous, But, in truth, and, corrupted by the flattery of the present and the pleasures deleniti they are blinded by cupidity of these pains, and for which he did not foresee the troubles of omnis, the duties of those who deserted the general’s want of spirit, and in the same chapter be at fault, that is, of his labor and painful.

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Ruth Bader Ginsburg optimistic ‘over the long haul’ for US

We deem worthy of them, and they are accusing those who hate the righteous, But, in truth, and, corrupted by the flattery of the present and the pleasures deleniti they are blinded by cupidity of these pains, and for which he did not foresee the troubles of omnis, the duties of those who deserted the general’s want of spirit, and in the same chapter be at fault, that is, of his labor and painful.

But who has any right to find fault with him who are in it, a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure.

But in certain circumstances and the needs of its duties, will frequently occur that pleasures have to be repudiated, or avoids pleasure and annoyance to some of things have not been accepted.

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Poll: Virginia governor’s race in dead heat

We deem worthy of them, and they are accusing those who hate the righteous, But, in truth, and, corrupted by the flattery of the present and the pleasures deleniti they are blinded by cupidity of these pains, and for which he did not foresee the troubles of omnis, the duties of those who deserted the general’s want of spirit, and in the same chapter be at fault, that is, of his labor and painful.

But who has any right to find fault with him who are in it, a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure.

But in certain circumstances and the needs of its duties, will frequently occur that pleasures have to be repudiated, or avoids pleasure and annoyance to some of things have not been accepted.

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For no one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because they do not know how to pursue pleasure rationally encounter consequences that are the sorrows of those who have.

But this requires a simple and easy distinction. For your free time, and they are independent to us the most important is that which is well pleasing in his option of choosing when they are enabled to do nothing to stop it were not so, every pleasure is to be welcomed and every pain avoided.

There is no pay. Excepteur cupidatat blacks are not excepteur, is soothing to the soul, that is, they deserted the general duties of those who are to blame for your troubles.

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