Word: swiss
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...size bit of electronic circuitry from the wreckage, shipped it off to Washington. When FBI lab analysts compared the shard with the printed-circuit boards of two unexploded bombs taken from Libyan agents in Africa, it was a match. FBI agents and Scottish investigators tracked the timers to a Swiss electronics firm, which acknowledged selling two dozen to the Libyan government. A grand jury in Washington is expected to indict several Libyan intelligence agents in November...
This is the What-we-did-wasn't-so-bad defense. Fiers used it twice, first when explaining why Gates failed to respond to North's mention of his Swiss bank accounts. He said, "[I]t was interesting, it was thought-provoking, intriguing, but not something you stopped and dwelled on...." In other words, what's so strange about having Swiss bank accounts? I do all my banking in Switzerland...
...months, Noriega has been awaiting trial in what has been dubbed the Dictator's Suite, a two-room cell behind rows of barbed wire at the Metropolitan Correctional Center, south of Miami. In accordance with the Geneva Conventions, he is considered a prisoner of war and thus receives 80 Swiss francs (U.S.$50) a month from the U.S. government -- more than enough to pay for a steady supply of his favorite cookies, Oreos. He spends his time studying classified documents, talking on his government-tapped phone and watching Spanish-language soap operas. Like many a cornered scoundrel, he claims...
Businessmen like Baer worry less about adverse economic effects than about the psychological and social impact of going it alone. If Switzerland stays outside the E.C., they say, Swiss students will lack the Europe-wide educational opportunities offered other European youth; Swiss scientific and industrial research might suffer from not joining in bigger projects...
Although large Swiss multinationals like the engineering giant Asea Brown Boveri and food conglomerate Nestle have a global presence, scores of less dynamic firms do not and could find themselves at a competitive disadvantage. Even Switzerland's powerful banks and insurance companies will come under pressure as E.C.-based rivals operate in newly deregulated markets. "We must look at Switzerland as if it is a corporation," says the head of the economy department, Jean-Pascal Delamuraz. "How competitive are we? Perhaps we have been successful for too long. Perhaps we have lost a little of our dynamism...