More rich Americans are opening Swiss bank accounts fearing U.S. risks.
- Swiss banks say they have seen a surge of interest and business from high-net-worth Americans opening investment accounts in recent months.
- Switzerland’s neutral politics, stable economy, strong currency and reliable legal system are all a draw for clients.
- While opening a Swiss bank account decades ago may have carried a trace of illicit tax evasion, today it’s highly regulated and more widespread, complete with tax forms and reporting.
Neil deGrasse Tyson -The President’s wife is a European immigrant. Both parents of the Secretary of State are Caribbean immigrants. Both parents of the FBI Director and the richest person on the World are African immigrants. And 1/3 of the 320 American Nobel Prizes in science have gone to immigrants
1440 - 3.3%: The year-over-year drop in global wine sales last year, bringing consumption to 214.2 million hectoliters, which marks the lowest level since 1961. (One hectoliter is equal to 100 liters.)
Inside Climate News - The Trump administration has been removing websites that track pollution and climate impacts on low-income communities. This week, environmental groups filed a lawsuit in federal court to force the administration to restore these websites.
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