News

When President Abdel Fattah al-Sisi said people should not moan about Egypt because it was not like war-ravaged Iraq or Syria, his remark gave birth to a joke: New Egyptian passports should read "The Country not like Iraq or Syria."

The Swiss government said on Wednesday it would lay out tougher capital requirements for UBS (UBSG.VX) and Credit Suisse (CSGN.VX) by the year-end, in order to protect them against future crises.

Iran's supreme leader Ayatollah Ali Khamenei vowed on Wednesday that his country would resist global sanctions imposed over its disputed nuclear program, saying that Iran might respond to international pressure by cutting back gas exports.