Word: swiss
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...like so many others in the film, is arbitrary. Wagner's opera is merely a pretext for the director, a frame on which to hang a murky, convoluted and, finally, not very original cultural thesis. The performance is led with surprising authority and eloquence by the little-known Swiss conductor Armin Jordan and features splendid singing by Tenor Reiner Goldberg as Parsifal and Mezzo Yvonne Minton as Kundry...
...covered Horneggli-Schönried ski runs last week, but though the style was fearless, the conditions were fearful, and Spain's King Juan Carlos, 45, an expert skier, took a wild tumble that cracked his pelvis. Taken by stretcher to a hospital in the nearby Swiss town of Saanen, Juan Carlos was flown with his wife, Queen Sofia, to Madrid the next day aboard the royal DC-8. Ordered immobilized by his doctors for at least a month, the King will be fulfilling his duties from...
...TIME he spent three years writing in the Economy & Business section, and since then has written stories on financial affairs for the International editions. Reporter-Researcher Naushad Mehta, who worked with Palmer on recent stories about Swiss banks, the Turkish economy and aid to Third World countries, knows the troubles of struggling economies firsthand. When the Indian rupee was devalued by 36.5% in 1966, Mehta, then a Bombay schoolgirl, saw the value of her pocket money dwindle abruptly. "It was," she recalls vividly, "quite a shock. The kind of thing you remember...
...host a meeting of the Organization of African Unity. Other countries constructed international airports and posh hotel complexes. Corruption was rife: in Zaire (see box), politicians poured funds into secret Swiss bank accounts; the Central African Republic spent $50 million, roughly half the country's annual budget, on the 1977 coronation of the since deposed Emperor Bokassa...
...continued his investigations in Western Europe, obtaining from former Zaïrian Prime Minister Nguza Karl-I-Bond, now living in exile, the estimate that Mobutu's private fortune exceeds $4 billion. Most of it was said to be held in Swiss bank accounts, a point that may explain why the Swiss have been receiving fairly regular payments on loans owed them...