Switzerland

Russian Post suspends ground deliveries to Europe

Russian Post suspends ground deliveries to Europe

Russia's Post  is temporarily delivering parcels to 24 European countries only by air, according to a corresponding notice that appeared on the postal service’s website. "The temporary change in …

Azerbaijani Foreign Minister goes to Geneva

Azerbaijani Foreign Minister goes to Geneva

The head of the Azerbaijani Foreign Ministry went to Geneva. As part of the trip, Jeyhun Bayramov will take part in the next session of the UN Human Rights Council.

AZAL to resume Baku-Geneva flights

AZAL to resume Baku-Geneva flights

The national air carrier of Azerbaijan (AZAL) is resuming flights en route Baku-Geneva-Baku starting from September 30. The flights in this direction …

Switzerland joins EU price cap for Russian oil

Switzerland joins EU price cap for Russian oil

The Swiss authorities have joined the price caps for Russian oil and petroleum products set by the European Union, the Federal Council, the Swiss government announced. "The Federal Council today aligned its sanctions regime on …

Swiss bank freezes almost $20bln in Russian assets

Swiss bank freezes almost $20bln in Russian assets

Swiss bank Credit Suisse blocked over $19 billion in Russian money, according to SonntagsZeitung newspaper. By doing so, Credit Suisse alone reportedly froze a third of all declared Russian assets in Switzerland. …

Switzerland joins EU’s 9th package of Russian sanctions

Switzerland joins EU’s 9th package of Russian sanctions

Switzerland has joined the EU's 9th package of sanctions against Russia, the Swiss Federal Council said. Following the European Union, Switzerland has imposed restrictions on exports to Russia of certain …

Switzerland expects oil price to rise to $110 per barrel

Switzerland expects oil price to rise to $110 per barrel

According to the forecast of the Swiss bank UBS Group AG, this year, oil prices will go up due to the continued underinvestment of the oil industry and the significant growth of the Chinese economy. The bank's analysts expect Brent …

Switzerland expands Russia's sanctions lists

Switzerland expands Russia's sanctions lists

Switzerland, following the EU, introduced new sanctions against Russia, 141 individuals and 49 legal entities were blacklisted, the Swiss government said in a statement. "Switzerland, making changes to the sanctions lists on …

Switzerland joins new EU sanctions against Russia

Switzerland joins new EU sanctions against Russia

Switzerland joins new EU sanctions introduced against Russia in connection with the special military operation in Ukraine, the country’s Federal Council said on Friday. "The EU agreed on 3 December to apply new sanctions …

Holcim divests business in Russia

Holcim divests business in Russia

Holcim said on Wednesday it would exit Russia, adding that the business there would then operate independently under a different brand. Holcim sold its Russian unit to the local management team, it added. The sale will have no …

Switzerland joins EU sanctions against Iran

Switzerland joins EU sanctions against Iran

Switzerland has decided to adopt the European Union's sanctions on alleged delivering Iranian drones to Russia, the government said in a statement on Wednesday. However, the economic affairs and foreign affairs departments decided …

Germany asks Switzerland to allow ammo exports to Ukraine

Germany asks Switzerland to allow ammo exports to Ukraine

German Defense Minister Christine Lambrecht sent a letter to her Swiss counterpart Viola Amherd, with a request to allow shipments of 35mm ammunition for German-made Gepard anti-aircraft guns to Ukraine, German newspaper Spiegel reported. …

Switzerland may join sanctions against Iran

Switzerland may join sanctions against Iran

The Swiss authorities may join the new European sanctions imposed on a number of Iranian individuals and entities, including the morality police, Swiss Economy Minister Fabian Mayenfisch said. According to him, the Ministry is …