Facebook's new Libra Association pursues Swiss payments license
A Swiss payments license would make Facebook's proposed cryptocurrency subject to Swiss financial regulators.
Europe
Europe serves as a major hub for global governance and international organizations, hosting a unique concentration of key bodies. The continent is home to the headquarters of the E.U. and NATO in Brussels, a major U.N. hub in Geneva, and the Council of Europe in Strasbourg.
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Treaty to fight match-fixing in sports takes effect with European backing
Under the legally binding Macolin treaty, a special committee will be set up to create procedural rules and a mandate.
G-7 allies in turmoil over trade and climate as Trump takes hard line
The summit in France was overshadowed by fears of an escalating trade war between the United States and China.
Europeans probe Facebook's bid to establish a new cryptocurrency
The E.U.'s antitrust probe of the Libra project focuses on concerns it would improperly shut out rival payment systems.
Youth climate movement decides strategy at Swiss-hosted summit
Their demands call for supporting developing nations, paying for cleaner technologies, and pressuring wealthy nations.
Europe's first legally binding treaty on violence against women turns 5
The treaty, which took effect in 2014, builds on efforts to protect women and girls from violence since the 1990s.
FIFA mulls exit from Zürich headquarters as it tries to reform
Difficulties in hiring non-European staff and overcoming perceptions of corporate secrecy weigh on the sports body.
IAAF defends rules on intersex athletes after Swiss court ruling
The new rules prevent Caster Semenya from defending her world title in the 800 meters — unless she submits to them.
European Investment Bank may ban funding for fossil fuel energy
The aim is to fulfill the Paris treaty’s goal of limiting warming to no more than 2° C. above pre-industrial levels.
Norwegian diplomat to lead U.N.'s top economic and social forum
Mona Juul, Norway U.N. ambassador, won election as president of the 54-nation U.N. Economic and Social Council.
International Atomic Energy Agency chief Yukiya Amano dies in office
A veteran diplomat, Amano worked to prevent more atomic bombings as head of the U.N. nuclear watchdog agency.
OECD chief urges leaders to heed green wave of political 'muscle'
The head of the 36-nation organization called on governments to listen to millions of people worried about climate change.
Central bankers worried about the risks of trade wars and cheap money
The global bank for central banks said U.S. and European stimulus measures won't provide "sustainable momentum."
Facebook money and organization planned around digital currency
The social network's proposed Libra cryptocurrency is to be managed by a new Libra Association in Geneva.
Swiss women hold nationwide strike for fairer pay and gender equality
It had been 28 years since the Swiss last held such a protest, and the 1991 strike had been the biggest protest since 1918.
D-Day ceremonies reminder of world's debt to a 'heritage of peace'
Macron urged the world to honor the hard-won victory by sustaining alliances and international organizations.