Swiss Pharmaceutical Exports to Russia at Record High
Pharmaceuticals are considered humanitarian goods and therefore are exempt from sanctions.
Pharmaceuticals are considered humanitarian goods and therefore are exempt from sanctions.
The €3.03 billion sale is intended to stave off a breakdown in confidence—following recent bank collapses in the U.S.—from spilling over.
Credit Suisse is the first global systemically crucial financial institution since the financial crisis of 2008 to receive a central bank lifeline.
The evaluation is another test of the EU’s controversial antitrust legislation, which has previously been used for Big Tech regulation. This new probe affects a total of four Swiss-based companies.
In contrast to Bern’s apparent reluctance to allow arms exports to Ukraine, a recent poll showed that half the country supported more flexible rules regarding neutrality.
Protesters are concerned that the summit could turn into a “greenwashing exercise.”
Multiple protests against the WEF summit have been planned.
Switzerland’s rejection comes several years after neighboring countries like Austria and Germany began recognizing some form of third gender on official documents.
Heating one’s home and water to more than 19°C and 60°C, respectively, may result in daily fines of up to 3,000 Swiss Francs and prison sentences up to three years.
Zelensky’s oligarch-friendly tax structure—along with wealthy Ukrainians receiving social welfare benefits abroad—have come under increased scrutiny across Europe.
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