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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:
Conversation — August 5, 2016, 12:08 pm
Sidney Blumenthal on the origins of the Republican Party, the fallout from Clinton’s emails, and his new biography of Abraham Lincoln
Conversation — March 30, 2016, 3:44 pm
Joseph Hickman discusses his new book, The Burn Pits, which tells the story of thousands of U.S. soldiers who, after returning from Iraq and Afghanistan, have developed rare cancers and respiratory diseases.
Rank of Richard Nixon masks among the top U.S. costumer’s best-selling political masks over the last five years:
A small meteorite injured an adolescent German.
It was reported that House Minority Leader Nancy Pelosi called Trump to discuss issues relating to women and families, and Trump handed the phone to his daughter.
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"It is an interesting and somewhat macabre parlor game to play at a large gathering of one’s acquaintances: to speculate who in a showdown would go Nazi. By now, I think I know. I have gone through the experience many times—in Germany, in Austria, and in France. I have come to know the types: the born Nazis, the Nazis whom democracy itself has created, the certain-to-be fellow-travelers. And I also know those who never, under any conceivable circumstances, would become Nazis."