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The Swiss Federal Council acted quickly on news that Egyptian president Hosni Mubarak has resigned. Neue Zürcher Zeitung reports (my translation):
The Swiss Federal Council has immediately frozen all money deposited in Switzerland by resigned Egyptian president Hosni Mubarak and his personal entourage. The Federal Council has issued an appropriate order, Federal Council press spokesman André Simonazzi informed the news agency SDA on Friday. The order requires all Swiss banks to examine their accounts and to freeze any which are covered.
A spokesman for the Foreign Ministry in Berne furnished an additional explanation: “The Federal Council seeks by this measure to avoid any risk of misappropriation of property of the Egyptian state.” The spokesman had no response to questions about the scope of assets covered by the order. The order has a duration of three years.
More from Scott Horton:
Six Questions — October 18, 2014, 8:00 pm
Nathaniel Raymond on CIA interrogation techniques.
Amount by which the number of government jobs in the U.S. exceeds the number of manufacturing jobs:
The sound of mice being clicked may induce seizures in house cats.
In Turlock, California, nearly 3,500 samples of bull semen were stolen from the back of a truck.
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“Civilization masks us with a screen, from ourselves and from one another, with thin depth of unreality. We habitually live — do we not? — in a world self-created, half established, of false values arbitrarily upheld, largely inspired by misconception, misapprehension, wrong perspective, and defective proportion, misapplication.”