Members of a US Senate committee tore into UBS Group AG executives for refusing to hand over more than 150 documents that an investigator has requested that could shed light on the history of Credit Suisse accounts tied to Nazi Germany, as tensions flared again around a 1998 settlement in the case.
US Senator Ron Wyden asked for a detailed account of Donald Trump’s acceptance of a Rolex table clock and one-kilogram gold bar from Swiss businessmen shortly before the president slashed tariffs he previously imposed on Switzerland.
US President Donald Trump in the Oval Office on Nov. 12. The Rolex table clock is visible on his desk. Photographer: Brendan Smialowski/AFP/Getty Images
The Trump administration pledged $2 billion to what it said is an overhauled, more efficient United Nations humanitarian fund, in a contribution that is a fraction of what it paid in past years.
Workers unload humanitarian aid packages provided by the United Nations Children's Fund (UNICEF) and the World Food Programme (WFP) to residents of the predominantly Christian village of Qlayaa in southern Lebanon on October 15, 2024. Israel expanded operations in Lebanon nearly a year after Hezbollah began exchanging fire in support of its ally, Hamas, following the Palestinian group's deadly attack on Israel on October 7, 2023. (Photo by AFP) (Photo by -/AFP via Getty Images)
Swiss prosecutors charged Credit Suisse with failing to prevent suspected money laundering of suspicious service fees linked to loans the lender offered Mozambique to build a fishing fleet in what became the tuna-bond scandal.
President Donald Trump’s proposed Nov. 27 deadline to secure Ukraine’s support for a US-backed peace plan isn’t set in stone and could drift into the following week, US Secretary of State Marco Rubio said, suggesting that plenty of work remains.
Rubio, fourth left, and Witkoff, third left, meet with the Ukrainian delegation in Geneva on Nov. 23.
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