Source Pravda.Ru

Settlement Between US and Swiss Governments Expected to Be Avoid

A lawyer for the U.S. Department of Justice said on Friday morning that the U.S. government and UBS AG are still discussing a settlement deal in their high-stakes tax dispute and need additional time before discussing the case with a federal judge in Miami , Wall Street Journal reports.

Meanwhile, the U.S. and Swiss governments announced a deal in principle last week. No details have been released.

U.S. District Judge Alan S. Gold set a Friday morning hearing, then gave the sides a few more hours and scheduled a new time shortly before noon , The Associated Press reports.

However, Gibson asked the judge to delay the rest of the conference call by a few hours to allow the discussions to reach a settlement on the diplomatically sensitive tax-evasion case to continue.

The judge rescheduled it for 1530 GMT (11:30 local time).

A final out-of-court settlement between the US and Swiss governments and the banking giant is widely expected to avoid a federal court trial scheduled to open Monday in Miami , AFP reports.

Comments
Iran's next moves on nuclear deal much more important - Kremlin
Iran's next moves on nuclear deal much more important - Kremlin
Iran's next moves on nuclear deal much more important - Kremlin
Iran's next moves on nuclear deal much more important - Kremlin
The Royal Wedding and the Silly Season
The Royal Wedding and the Silly Season
Kremlin wants foreign invaders out of Syria
Amnesty International wants world leaders to ignore World Cup 2018 in Russia
Iran's next moves on nuclear deal much more important - Kremlin
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'
Iran's next moves on nuclear deal much more important - Kremlin
Donald Trump suddenly falls for glorious Russian tradition to hold military parades
Students of UC reinvent the consumption of legumes
Iran's next moves on nuclear deal much more important - Kremlin
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'
Russia threatens to raise tariffs on US goods worth $538 million
Iran's next moves on nuclear deal much more important - Kremlin
Venezuela may expect another Panama scenario from 1989
Pentagon's goal in the Middle East is to trigger major war between Israel and Iran
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'