Four bankers who helped a close friend of Vladimir Putin move millions of francs through Swiss bank accounts have been convicted of lacking diligence in financial transactions. The four were found guilty on Thursday of […]
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. According to the […]
The U.S. State Department cleared $700 million in a possible foreign military sale to Switzerland, along with other sales to Lithuania and Belgium, as the neutral European country works to modernize its Air Force by 2030. Switzerland now has approval […]
Switzerland is close to breaking with centuries of tradition as a neutral state, as a pro-Ukraine shift in the public and political mood puts pressure on the government to end a ban on exports of […]
Swiss lawmakers voted Thursday to proceed with the controversial purchase of F-35 fighter jets without holding a referendum sought by opponents of the deal. The lower house National Council gave the government the go-ahead to buy the […]
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The Swiss Air Force is looking toward future threats with its new fleet of Hermes Starliner unmanned aerial vehicles (UAVs) manufactured by Israel’s Elbit Systems. The six UAVs will be based out of Emmen Air Base near […]
Switzerland has inked a deal to procure three dozen F-35A fighter jets, dodging a proposed popular referendum in the hopes of receiving the new jets by the end of the decade. Bern’s armaments director Martin […]
The Swiss government has shortlisted BAE Systems’ Archer 155mm mobile howitzer as one of the systems going into the final round of competition for its future artillery system. The Swiss Federal Office for Defense Procurement, […]
Russian secret-service agents confiscated millions of dollars’ worth of luxury watches from a Swiss watchmaker in apparent retaliation against Switzerland’s sanctions over the Ukraine war, Switzerland’s NZZ am Sonntag newspaper reported over the weekend. The watches were […]
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