Word: foreigners
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Dates: during 2000-2009
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Faced with criticism from foreign governments, Switzerland has changed some of its ways. It added laws to combat money-laundering and cracked down on numbered accounts in the 1990s. But that doesn't mean the banks open their vaults for just anyone. When the U.S., which loses an estimated $100 billion in tax revenues every year on assets stashed overseas, demanded that UBS release information on an additional 52,000 accounts, the bank refused, saying the move would violate Swiss law. Of course, with some 27,000 UBS employees working in U.S. offices, Switzerland might not be the jurisdiction...
...kids, or their moms, been exposed to things in the environment or in their diets that could make them more sensitive to certain food proteins? Perhaps. Allergies are the direct result of too much IgE, an immune-system component that serves as the body's supersonar for detecting any foreign and potentially harmful proteins. To signal the need to annihilate these invaders, IgE attaches like antennae to the surface of cells that release histamines and other inflammatory agents. In mild cases, the result is a rash and hives. In others, blood pressure drops and fluid builds up in tissues, leading...
...home of some of the most disaffected and explosive of the nation's unemployment-racked housing projects. Zoughebi, an elected official on the regional council, points out that St.-Denis also hosts the Basilica of St.-Denis--the burial place of French royalty since Clovis I--which French and foreign visitors flock to in spite of the area's less noble reputation...
...Trading on Zimbabwe's volatile stock market made Wall Street's dubious derivatives look like Treasury bills. With an economy locked out of the global financial system, daring foreign hedge funds and institutional investors saw this obscure market - much like emerging investment funds in wine and fine art - as an opportunity to diversify, or seek "exotic beta," in finance parlance. Though real returns may occasionally hit the high double digits, says Shumba, investing here can seem like playing Russian roulette: the exchange is highly fickle and illiquid, with a total market capitalization that has fluctuated tenfold in the past year...
Still, if the incident left him feeling a little unloved, it provided a brief distraction from a roiling controversy. On Wednesday, Straw blocked publication of minutes of two Cabinet meetings held in 2003 at which ministers debated the legality of the Iraq war. At that time, Straw was Foreign Secretary. Now, as Justice Secretary, Straw explained his decision not to publish the minutes on the basis that privacy is an essential precondition for high-quality debate. "Cabinet is the pinnacle for the decision-making machinery of government" he told the House of Commons. "Confidentiality serves to promote thorough decision-making...