Word: switzerland
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Dates: during 1950-1959
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HAMILTON WATCHES will be assembled in Switzerland to take advantage of lower Swiss wages (one-third the level of U.S. wages). Swiss watch cartel voted to admit Hamilton, first firm to come in since cartel was started in 1934 (other U.S. watchmakers, e.g., Bulova, Benrus, began producing earlier in Switzerland...
...offshoots of the world economic boom is an international boom in real estate. From Rhodesia to Rochester, land shoppers are clamoring for attractive parcels of property. Only ten years ago Switzerland was the only European country in which a foreign broker could easily do business in real estate; today, firmer currencies have made the task much easier -and tremendously profitable. The firm that stands to benefit most by the boom is Manhattan's Previews, Inc., the world's only international clearinghouse for real estate, and an experienced dealer in both the exotic and the practical...
Early in September 1954 nine young Algerian exiles met in a rented house outside Bern, Switzerland to plan the scattered hit-and-run raids which ultimately ballooned into the Algerian revolt. Of the nine original moujahids (freedom fighters), three are now dead and five are in French prisons. The only one still at large is Belkacem Krim, 35, now the senior military man in Algeria's Front de Libération Nationale. Like most Algerian rebel leaders, moody Belkacem Krim, who has five death sentences hanging over his balding head, rarely discusses his personal activities. But from Paris last...
Wanted: 26 Votes. A former economics professor at Milan's Catholic University and author of 16 books on economics who spent the war years instructing students at internment camps in Switzerland, Amintore Fanfani rose fast once he entered politics after the war. After a succession of ministerial posts under De Gasperi, he had one fling at the premiership in 1954, but lasted only twelve days: the Chamber of Deputies ousted him on the first vote he faced...
...over lunch in Manhattan with visiting Louvre Chief Curator Germain Bazin, TIME editors began laying the groundwork for a comprehensive report on the Louvre and its great collection, to be keyed to a two-volume study of the museum being published this year. Photographer Eric Schaal was sent from Switzerland to take color photos of the Louvre masterworks, found himself up against rigid regulations limiting photographers to two lights (of not more than 250 watts) at a distance of more than ten feet. To make faithful reproductions of the paintings, Schaal worked long hours at night in the empty galleries...