Switzerland parliament rejects deal to expose US tax-dodgers

GENEVA: Swiss lawmakers rejected Wednesday a deal proposed by Washington to expose American tax dodgers and halt a raft a US lawsuits provided that Swiss banks that helped stash the cash pay massive fines.

France goes soft-core

FRIDAY, January 13th, proved unlucky for nine euro-zone countries: they had their credit ratings cut by Standard and Poor’s (S&P) soon after the American markets closed for the week.