The State Secretariat for Economic Affairs (Seco) is investigating Open Mineral, a commodities trader based in Baar, Switzerland, for potential violations of sanctions against Russia. The investigation concerns the alleged trading of gold from Russia, which would be a breach of sanctions implemented after the invasion of Ukraine. Open Mineral confirmed it is cooperating with authorities after a search of its premises last week. Seco confirmed the September 11th search in the canton of Zug and stated that the proceedings target two individuals and unknown persons.
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International study permit issuance in Canada has significantly decreased in the first half of 2024, with a nearly 90,000 drop compared to the previous year. This decline follows the federal government’s introduction of caps on international student visas in early 2024, leading to a reduction in both issued permits and visa applications. Government officials assert that these measures are effective in managing international student intake and are part of a broader strategy to attract top global talent and foster economic growth. The new regulations, which also tightened eligibility for postgraduate work permits, have prompted concerns from colleges and universities regarding their financial stability and operational capabilities.
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John Q. Hosedrinker