There was a Swiss national working at former employer of mine. I asked her why the "CH" for Switzerland. She gave me this
line [of bull] about it being from the German spelling - "Schweizerische", and "S" was taken by Spain(?).
I found out a short time later listening to a talk radio program cruising home one night...From the Latin - Confoederatio Helvetica.
So, CNN isn't quite alone misunderstanding Switzerland.