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EU-Swiss Accord to End Banking Secrecy, Curb Tax Evasion

The European Union and Switzerland signed a major accord Wednesday that will end banking secrecy for EU residents and prevent them from hiding undeclared income in Swiss banks, the European Commission said.

The agreement deals "another blow against tax evaders, and (represents) another leap towards fairer taxation in Europe," said Pierre Moscovici, the EU commissioner for tax issues.

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Five Killed, Including Gunman, in Swiss Family Drama

A Swiss man killed three in-laws and a neighbor in a town near Zurich before turning his gun on himself, police said Sunday, sending shockwaves through the normally tranquil nation.

Local police swiftly ruled out a terrorist attack, characterizing the incident as a "tragic relational drama."

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Switzerland Willing to Join EU Refugee Quota Scheme

Switzerland said on Wednesday it would be willing to adopt an EU migration proposal currently being debated by Brussels for the even geographical distribution of asylum seekers across Europe.

"It is high time for Europe to have a distribution ratio based on solidarity. Switzerland will join it," President Simonetta Sommaruga said during a meeting with her Austrian counterpart, Heinz Fischer, in Vienna.

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U.N.: Separate Talks with Syria Rival Sides to Start Tuesday

The U.N. will Tuesday start hosting separate talks with rival sides and "as many stakeholders as possible" in war-torn Syria in a bid to kickstart stalled negotiations to end the four-year conflict.

United Nations peace envoy for Syria Staffan de Mistura will give a news conference around midday Tuesday, kicking off four to six weeks of "separate consultations" with different sides in Syria's four-year conflict, spokesman Ahmad Fawzi said.

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Iran Determined to End 'Manufactured' Nuclear Crisis

Iran is determined to end the "manufactured crisis" over its nuclear program and drafting of a final deal with world powers, though hard, is progressing, Foreign Minister Mohammad Javad Zarif said Monday.

The remarks, on Zarif's official Twitter account, came two days after U.S. Secretary of State John Kerry denounced what he said was "hysteria" from opponents of an agreement, which is due by June 30.

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Swiss Business Team to Make First Iran Visit in Decade

A Swiss business delegation will go to Iran this weekend in the first such visit in 10 years to try and expand trade ties, the finance ministry said Friday.

The team, comprising executives from the pharmaceutical, green energy and services sectors, will be led by Livia Leu, who served as Swiss ambassador to Tehran between 2009 and 2013, it said.

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Switzerland, Scandinavia Top Global 'Happy' Index

Switzerland tops a global ranking of happiness, closely followed by Iceland, Denmark, Norway and Canada in a comprehensive study unveiled by academics in New York on Thursday.

The 2015 World Happiness Report is the third annual report that seeks to quantify and explain happiness in 158 countries as a means of influencing government policy across the planet.

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Iran, World Powers Seek to Finalize Nuclear Deal

Iran and major powers held a second day of talks Thursday seeking to finalize a historic deal that would make any attempt by Tehran to make a nuclear weapon extremely difficult and easily detectable.

Meeting in Vienna, Iran and the five permanent members of the U.N. Security Council plus Germany want to turn a framework accord reached in Switzerland on April 2 into a full agreement by June 30.

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100-Year-Old Armenian Recalls Father's Death in Genocide

She was only a few months old when Ottoman forces came to take away her Armenian father, but a century on Shamiram Sevak can still imagine her dad hugging her tightly to say goodbye.

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Credit Suisse Profits Jump by Nearly a Quarter

Swiss banking giant Credit Suisse said Tuesday a strong performance by its private banking unit helped first quarter net profit rise by 23 percent to 1.05 billion Swiss francs (1.02 billion euros, $1.1 billion), outstripping forecasts by analysts.

Its investment bank posted a 14 percent rise in pre-tax profits to 945 million francs.

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