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ZURICH (Reuters) – Crimefighters in Switzerland and Brazil pledged to intensify cooperation to resolve the sprawling corruption case linked to state oil firm Petrobras in which around 700 million Swiss francs ($701 million) remain frozen in Switzerland. Switzerland has so far returned roughly 365 million Swiss francs ($365.6 million) to Brazil related to Petrobras and construction firm Odebrecht, the Swiss Office of the Attorney General (OAG) said on Tuesday, including 9 million francs in March how to use cufflinks.
Around 70 related criminal proceedings are under way in Switzerland, two of which are scrutinizing Swiss financial groups, the OAG said after Swiss Attorney General Michael Lauber and Brazilian Prosecutor General Raquel Dodge met in Brasilia on Monday. “The two counterparts signed a joint declaration reaffirming their commitment to continue and intensify their cooperation,” the OAG said in a statement. More than 130 businessmen and politicians have been convicted in Brazil in the case, focused on political kickbacks and money laundering at Petrobras and Odebrecht how to use cufflinks. Ex-Brazilian President Luiz Inacio Lula da Silva is serving a 12-year prison sentence..
PARIS (Reuters) – European planemaker Airbus said on Tuesday it saw no legal basis for the United States’ move towards imposing trade sanctions on its aircraft and warned of deepening trade tensions. Washington on Monday proposed a list of EU products, from large commercial jets to dairy products and wine, on which to impose tariffs as retaliation for European aircraft subsidies how to use cufflinks. The EU and the United States have fought for over a decade over mutual claims of illegal aid to plane giants Boeing and Airbus. Both sides have been judged by the WTO to have paid billions of dollars of subsidies to gain advantage, and asked to stop or face potential sanctions..
Airbus spokesman Rainer Ohler said the planemaker had taken measures to comply with the “relatively minor” outstanding requirements. U.S how to use cufflinks. talk of $11 billion worth of damage from EU subsidies to Airbus was excessive, he added. “The amount is largely exaggerated and in any case will be defined by the WTO and not the U.S.” Ohler said. Ohler said a WTO ruling last week against tax breaks for its U.S. rival Boeing should allow the EU to seek “even greater countermeasures.”..
PARIS (Reuters) – France’s finance minister said on Tuesday it was in the interest of Europe and the United States to find a friendly solution to their long-running WTO dispute, after the United States threatened new tariffs. The U.S. Trade Representative on Monday proposed a list of EU products ranging from large commercial aircraft to dairy products and wine on which to impose tariffs as retaliation for European aircraft subsidies how to use cufflinks. “The interest of our two countries, the interest of the United States and the European continent and France is to reach a friendly agreement,” French Finance Minister Bruno Le Maire told a news conference in Paris..