«Le Monde» reveals the incredible story of the listings – listing the names of 3,000 French holders of an account in Switzerland
Judge Renaud Van Ruymbeke has elements to involve HSBC Bank in an extensive process of money laundering tax evasion. Investigators have received for mission to audition the 2,956 French suspected of hiding their assets in Switzerland. Meanwhile, SCIF continues its own investigation, which already allowed him to straighten more than 700 taxpayers. Investigations after the provision of the data, in 2008, by the computer scientist Hervé Falciani, former employee of the Bank, have been constrained until 2013. On the listings appear the names of multiple personalities. Le Monde has contacted them.
Schwellenländer stemmen sich gegen Währungsturbulenzen -Emerging economies brace themselves against currency turbulence
Vienna – the fear of an economic downturn and political crises, as in Turkey and in Argentina, lead to a decline in many currencies in emerging markets. Investors pull their money for months. Three billion cash outflow in the previous week alone. This brings additional pressure on countries such as India or Brazil, because they can no longer finance their current-account deficits with foreign capital. The Turkish Central Bank responded with an emergency meeting on the falling lira, which has lost more than 20 percent since may, 2013. Experts expect a massive interest rate move to keep the prices stable. Argentina has again released the purchases of dollars locked since October, 2011, to stop the outflow. Because the purchases with $2,000 a month are limited, dealers believe that the peso remains under pressure. “The global implications of the recent uncertainty should remain but limited”, believes Julian Jessop of capital economics.