The threats fired against Cyprus this week by Hezbollah leader Hassan Nasrallah, as far-fetched as they may seem, should not be taken lightly. The Shia cleric and leader of the militant group commands considerable influence in almost everything that happens in Lebanon, from politics to the economy and national defence. Apart from securing vast amounts … Read more
Fact: UBS currently pays around 18.5 percent on its profits in Switzerland, derived from a mixed calculation of cantonal rates, with Zurich at 19.61 percent and Basel-Stadt at 13.04 percent.
Trade union “Isotita” has called on the government to withdraw proposed legislation that disadvantages civil servants, including a bill banning promotions in the 18 months leading up to retirement. Isotita warns of retaliation if the bill is not recalled and a substantive dialogue initiated.
Russian Foreign Ministry spokeswoman Maria Zakharova stated that Moscow will retaliate with strikes on British targets if British weapons are used by Ukraine to strike Russian territory. This warning was issued in response to British Foreign Secretary David Cameron’s statement that Ukraine had the right to use weapons provided by London to hit targets inside Russia. Russia has decided to hold exercises this month to simulate the launch of tactical nuclear missiles in reaction to this remark.