Swiss finance minister chides US, Europe over 'time bomb' debt levels
ZURICH - Debt levels in the United States and Europe are a risk for international financial stability and for Switzerland, Swiss Finance Minister Karin Keller-Sutter said in a newspaper interview published on Saturday.
"Or take a look at America. That's a time bomb. The mini-crash on the stock markets at the start of August was a warning shot," the minister was quoted as saying. She defended the additional capital requirements as necessary to protect Switzerland from another banking meltdown.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Porsche honors Swiss racer Jo Siffert with one-off 911 GT3 RSJo Siffert was influential in developing the Porsche 917, and now he's been honored with a one-off 911 GT3 RS built by the Sonderwunsch team.
Read more »
Swiss franc hits highest vs euro since 2015 amid volatile marketsSwiss franc hits highest vs euro since 2015 amid volatile markets
Read more »
Incoming transfer Femi Odukale can be 'Swiss army knife' for Gophers hoopsOdukale could unlock a lot of versatility for the Gophers this season.
Read more »
Review: 'Trap' quickly dives off the cliff from disappointment to disasterThe plot has more holes than a Swiss cheese eating contest.
Read more »
Swiss stock exchange says trading set to resume after outageSwitzerland's stock exchange SIX said trading was set to resume on Wednesday after it halted the market due to problems disseminating data.
Read more »
British start-up Arcade Cars launches £100k G-Class restomodEx-Swiss Army 230 GEs are upgraded with 2.8-litre or electric powertrains and modernised interiors
Read more »