Word: switzerland
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Dates: during 1960-1969
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...Economic Affairs Anthony Solomon to Canada. Preliminary negotiations were under way to offset the cost of keeping American troops overseas by getting West Germany to buy $700 million in U.S. Treasury bonds, Japan $500 million. A task force headed by New Mexico Publisher Robert McKinney, former Ambassador to Switzerland, was looking into ways to lure more foreign tourists to the U.S. The Commerce Department was recruiting a force of dozens of specialists to watchdog U.S. investments abroad...
...speculation, which, by expert estimate, cost the U.S. anywhere from $100 million to $400 million in gold. Who did all the buying? Mostly speculators, ranging from Middle Eastern sheiks and wealthy Latin Americans to some Americans who dodge U.S. restrictions on gold ownership by dealing through Canada or Switzerland...
Divorced. Jean-Paul Belmondo, 34, the French cinema's favorite boogeyman (Breathless, The Thief of Paris); and Elodie Belmondo, 31; by mutual consent; after nine years of marriage, three children; in Paris. He charged her with "a guilty relationship with a friend in Switzerland" and she accused him of "corporal relations with a well-known actress" (Ursula Andress' best notice to date...
...high as ever. These are nontariff gimmicks designed to impede the inflow of foreign goods. Wine-producing France, for example, puts a crimp on bourbon and Scotch imports by prohibiting all whisky advertising. In Italy, foreign automakers find it difficult to buy prime time on the state-owned television. Switzerland not only restricts imports of milk products but gives special help-including price supports and low-cost feed-to Swiss dairymen whose cows graze in remote areas or on mountain slopes...
Everyone involved seems satisfied with the arrangement except, perhaps, Founder Bedas. Since the bank's closing he has been to Brazil and to Switzerland, where he was recently arrested for, of all things, illegal parking. Bedas is still being held while Swiss authorities consider an extradition request from Lebanon, which wants him on a criminal charge of fraudulent bankruptcy. But it is doubtful that Bedas will be extradited, or tried if he is. So much and so many were probably involved in Intra Bank's collapse that, with the bank in business again, Lebanon would just as soon...