Switzerland has emerged as a key hub in Venezuela’s gold dealings.
According to Swiss TV SRF, billions of francs’ worth of Venezuelan gold was flown here between 2012 and 2016 and remelted.
The shipments, ordered by President Nicolás Maduro, were used to raise hard currency as the state neared bankruptcy.
Venezuela defaulted in 2017 and now owes around USD 170 bn.
Much of the gold was later sold on, including to Turkey.
Today, tighter rules make such trades unlikely.
Govt ready to step in on train staff attacks
Swiss Federal Railways says assaults on train staff remain a daily reality - and it seems the government is ready to step in.
Police have to disclose nationality of offenders
Switzerland’s Senate has voted to require police to systematically mention the nationality of suspects when communicating about crimes.
Valais bar association says no new fire laws are needed
The association that represents bars and restaurants in canon Valais - GastroValais - has caused outrage by writing to all cantonal parliamentarians saying no new safety fire laws are needed.
Major Swiss firm to cut jobs
The Swiss logistics firm - Kühne+Nagel - says it will have to lay off 2,000 staff. Around 1,000 more than previously believed.
Post your ballots on time
If you’re voting by post this weekend - get your ballot in the mail.
This winter was significantly warmer than average
MeteoSwiss says the winter was significantly warmer than average, despite dense fog on the Swiss Plateau in December and a bitterly cold start to the year.
