The Institute of Computer Science, Artificial Intelligence and Technology (INSAIT) was inaugurated today in Sofia. It was founded in collaboration with the two largest institutes of technology: the ETH of Zurich and the Swiss Federal Institute of Technology of Lausanne (EPFL). Google, Amazon and DeepMind have invested in this project. The inauguration was attended by […]
Tag: Switzerland
Switzerland: All coronavirus restrictions lifted from 1 April
Switzerland will lift the last of its remaining restrictions on Covid-19 from next Friday, April 1st, the government announced today, as the country seeks a normality with the virus. The obligation to use the mask on public transport and in health facilities, as well as the requirement of self-isolation for five days after a positive […]
Russia confiscates rare Swiss watches in retaliation for sanctions
Russian agents have seized millions of dollars worth of Audemars Piguet watches in Moscow in retaliation for Swiss sanctions banning the export of luxury goods, the Swiss newspaper NZZ am Sonntag reported. The expensive watches were confiscated from the company’s premises by special agents of the Russian FSB, the newspaper reported, citing people who know […]
New sanctions against Russia by Switzerland
Switzerland has imposed further sanctions on Russia, in line with the European Union’s latest package of sanctions, the Swiss Federal Council announced on Friday. “The decision of the Federal Council on March 25 means that Switzerland remains in line with the measures imposed by the EU on March 9 and 15 in response to the […]
Switzerland: Freezing of Russian assets worth 5.75 billion euros
Switzerland has seized the equivalent of 5.75 billion Swiss francs (5.62 billion euros) in Russian assets following the Russian invasion of Ukraine, a senior Economy Ministry official said today. The amount includes money and assets such as real estate located in tourist areas of Switzerland, said Erwin Bollinger, a senior official of the State Secretariat […]
Switzerland: $ 6.1 billion in Russian assets subject to sanctions – Increase expected (upd)
LAST UPDATE 13:03 The Swiss government has so far received reports of Russian assets worth 5.75 billion francs ($ 6.17 billion) affected by sanctions, and that number is expected to rise significantly. The above was stated by a government official, who added that the amount includes a number of properties in resorts. The Swiss central […]
Switzerland will not send weapons to Poland
Switzerland’s neutrality rules out any possibility of arms deliveries to Poland, President Ignacio Cassis said today during a visit to Warsaw. “Poland’s first wish was for the surrender of arms. But this is not compatible with our neutrality. I explained it clearly to (Prime Minister) Mateusz Morawiecki,” Cassis said in an interview with Swiss public […]
Morawiecki: Switzerland must freeze the accounts of Russian oligarchs
Switzerland must freeze the accounts of Russian oligarchs and confiscate their assets, said Polish Prime Minister Matthew Morawiecki during a visit by Swiss Confederation President Ignacio Cassis to Warsaw. “(The accounts) must be frozen, the assets of the Russian oligarchs must be confiscated and I asked the president to make sure that Switzerland tackles the […]
Zelensky addresses Swiss, criticizes Nestlé and banks, calls for freeze on assets of Russian oligarchs
Ukrainian President Volodymyr Zelensky addressed the Swiss in Bern today in a video call, criticizing companies such as Nestlé that continue to operate in Russia despite the war and calling for the freezing of assets of Kremlin’s close associates in Swiss banks. In an online speech to Kyiv, addressed to thousands of people gathered in […]
Switzerland adopts EU sanctions against Russia on luxury goods
Switzerland announced today that it is adopting European Union sanctions on luxury goods in response to the war in Ukraine, acknowledging that some companies could be hit in this country, famous for its watches. On Tuesday, the European Union decided on a fourth package of measures, extending sanctions against luxury goods, something that the Swiss […]