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Article | April 22, 2012 - 9:45pm

Switzerland and Austria have clinched a bilateral deal aimed at legalising undeclared assets in Swiss banks and introducing a withholding tax, Swiss Info reported on 13 April.

Switzerland and Austria have clinched a bilateral deal aimed at legalising undeclared assets in Swiss banks and introducing a withholding tax, Swiss Info reported on 13 April.

The agreement, which still needs approval by the parliaments in both countries, is the third so-called “Rubik” deal that Switzerland has negotiated. Germany and Britain have also agreed to similar treaties.

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Article | April 12, 2012 - 5:09pm

Imagine everything was linked: that’s the message that the European Commission wants to send about the “Internet of Things” (IoT).

Imagine everything was linked: that’s the message that the European Commission wants to send about the “Internet of Things” (IoT).

IoT is a future in which everyday objects such as phones, cars, household appliances, clothes and even food are wirelessly connected to the internet through smart chips, and can collect and share data.

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