Wait, shouldn’t Switzerland be neutral and agree to the sanctions that were imposed on Russia? Importing Russian Gold breaches them.
Article is soft-paywalled for me, found via yahoo:
>Most refiners swore off accepting new gold from Russia after the London Bullion Market Association removed the country’s own fabricators from its accredited list.
>While that was viewed as a de facto ban on fresh Russian gold from the London market, one of the world’s biggest, the rules don’t prohibit Russian metal from being processed by other refiners. Switzerland is home to four major gold refineries, which together handle two-thirds of the world’s gold.
>Almost all of the gold was registered by customs as being for refining or other processing, indicating one of the country’s refineries took it. The four largest — MKS PAMP SA, Metalor Technologies SA, Argor-Heraeus SA and Valcambi SA — said they did not take the metal.
So what happend to the gold?
[removed]
So it’s ok to state that Switzerland supports Russia now? Or does that only work for non-European countries?
I’m just here for the hate
Switzerland of course, the big friend of dictators in the past the present and the future.
9 comments
Just Switzerland doing Switzerland things
With friends like that who needs enemies
Traditions are important lol
Wait, shouldn’t Switzerland be neutral and agree to the sanctions that were imposed on Russia? Importing Russian Gold breaches them.
Article is soft-paywalled for me, found via yahoo:
>Most refiners swore off accepting new gold from Russia after the London Bullion Market Association removed the country’s own fabricators from its accredited list.
>While that was viewed as a de facto ban on fresh Russian gold from the London market, one of the world’s biggest, the rules don’t prohibit Russian metal from being processed by other refiners. Switzerland is home to four major gold refineries, which together handle two-thirds of the world’s gold.
>Almost all of the gold was registered by customs as being for refining or other processing, indicating one of the country’s refineries took it. The four largest — MKS PAMP SA, Metalor Technologies SA, Argor-Heraeus SA and Valcambi SA — said they did not take the metal.
So what happend to the gold?
[removed]
So it’s ok to state that Switzerland supports Russia now? Or does that only work for non-European countries?
I’m just here for the hate
Switzerland of course, the big friend of dictators in the past the present and the future.