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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.
Chances that an American knows the position of his or her senators on health-care reform:
Climate experts proposed creating a fleet of cloud-seeding yachts that will pump water vapor into the atmosphere to thicken global cloud cover, thereby reflecting more sunlight, in order to counteract the effects of global warming.
In San Antonio, a 150-pound pet tortoise knocked over a lamp, igniting a mattress fire that spread to a neighbor’s home.
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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."