Banking secrecy graphic: Sept 2000 swissinfo.ch The Swiss public is becoming increasingly uneasy about the country’s controversial banking secrecy laws, according to new studies. This content was published on September 14, 2000 – 11:44 Two surveys show that most Swiss favour at least a partial removal of bank customers’ right to confidentiality. The studies, conducted
The Senate voted 68-30 late Tuesday to pass the GENIUS Act, a bill that aims to regulate some cryptocurrencies. The bill faced some Democratic opposition over President Donald Trump’s cryptocurrency ventures, but it ultimately garnered support from 18 Democrats, including Sens. Cory Booker, D-N.J., and Adam Schiff, D-Calif. The industry-backed measure establishes rules targeting stablecoins,
WASHINGTON — President Donald Trump on Friday signed an executive order paving the way for a Nippon Steel investment in U.S. Steel, so long as the Japanese company complies with a “national security agreement” submitted by the federal government. Trump’s order didn’t detail the terms of the national security agreement. But the iconic American steelmaker
Two New York City police detectives were placed on modified duty after the department learned they had a prior connection to a Manhattan townhouse where an Italian businessman was allegedly held and tortured. One off-duty detective drove the alleged victim from the airport to the SoHo townhouse on May 6, sources told ABC News. The
On May 2, Jennifer Benoit-Bryan opened a distressing email. “The National Endowment for the Arts will no longer offer award funding for the project … ” Benoit-Bryan, director at Southern Methodist University DataArts, said the research center for the arts will now need to put the AI project on hold indefinitely. The project focuses on
A second suspect in the alleged kidnapping and torture of an Italian man in a luxury New York City apartment surrendered on Tuesday, police sources told ABC News. Like co-defendant John Woeltz, the second suspect is expected to face charges of kidnapping, assault and unlawful imprisonment, the sources said. The man turned himself in at
A crypto entrepreneur was arrested Friday after a tourist from Italy told police he was tortured in the suspect’s luxury apartment in New York City for more than two weeks, according to police. The alleged victim, 28, told police he arrived in New York from Italy on May 6 and went to the home of
BRUSSELS — The European Union agreed Tuesday to provide emergency funds to help keep Radio Free Europe afloat after the Trump administration stopped grants to the pro-democracy media outlet, accusing it of promoting a news agenda with a liberal bias. Radio Free Europe/Radio Liberty started broadcasting during the Cold War. Its programs are aired in
WASHINGTON — The Senate has voted to move forward with legislation to regulate a form of cryptocurrency called stablecoins, two weeks after Democrats blocked the measure. Monday’s 66-32 procedural vote keeps one of President Donald Trump’s top legislative priorities on track for passage and highlights the growing political strength of the cryptocurrency industry, which spent
If you’re wondering when interest rates on credit cards and car loans will start falling again, don’t hold you breath this week when the Federal Reserve’s policy committee meets. Interest-rate traders see little chance that the Fed will lower interest rates at the end of Wednesday’s meeting or the following one. That means Americans won’t