Word: basel
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...high point of the week is the new exhibit that opened Monday at the Busch-Reisinger Museum. A collection of sixty-nine photographs of illustrations from a medieval Swiss Chronicle, the show illustrates life and society in Switzerland (particularly Lucerne and Basel) in the 14th and 15th centuries. The reproductions are excellent (the original is locked up in Lucerne), the drawings are imaginative and the world depicted is very odd. A murder trial consisted of holding the accused's right hand over the corpse of the victim. If the hand bled, the man was guilty and was drawn and quartered...
...with the ability and cheerful willingness to explain it. His first novel, the bestselling The Billion Dollar Sure Thing, straightened out the mysterious alchemy of the international gold market. It earned added interest from Erdman himself, a financier and economist who wrote the book while a resident in the Basel prison. The Swiss government insisted that he remain its guest for ten months after the American-owned Swiss bank that Erdman managed failed. Several of the bank's officials went too long in cocoa and silver futures and tried to cover their mistake by fudging the books...
...jitters were high on the agenda of government bankers from the U.S., Western Europe and Japan when they gathered in Basel, Switzerland, last week for a meeting at the Bank for International Settlements, a sort of central bankers' central bank. The central bankers reportedly agreed "in principle" to lend money to bail out private banks caught in a liquidity squeeze just as the U.S. Federal Reserve has kept Franklin National in business by lending it more than $1 billion. However, they specifically ruled out aid for banks caught in "irresponsible" foreign exchange dealings. The decision was no comfort...
Died. Albert Nicholas, 73, one of the last and best Creole-style clarinetists from the early days of New Orleans jazz; following surgery; in Basel, Switzerland. Nicholas grew up alongside such greats as Sidney Bechet and Louis Armstrong, in whose band he later played. In the 1950s, Nicholas followed other American musicians to Europe and settled in jazz-hungry Paris, playing and touring with the Dutch Swing College Band...
...Hudson study was commissioned by the French government. The 600-page report by Prognos, a well-regarded Basel firm, was prepared for corporate customers. Kahn's researchers concluded that the French would pass the Germans because of the greater productivity of French workers coupled with France's foothold in such future-oriented industries as aerospace and computers. Hudson's 5.5% yearly growth rate for France is projected as the highest of any industrialized European nation. Yet Prognos Economist Claus D. Kernig argues that France is "still so far behind in total output that it is unlikely...