Word: switzerland
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Dates: during 1960-1969
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...this assures a ready market for he new drug just announced by Switzerland's Ciba Ltd. Called Ambilhar, it is he first drug capable of curing schistosomiasis without making the patient sicker than he was to begin with...
...that bartering survives in today's sophisticated international trade. It is even undergoing something of a revival as more nations sign trade agreements to exchange yearly quotas of goods and commodities with one another; more than 490 such agreements are now in force. About 20 companies, mostly in Switzerland, Holland and Britain, are in the profitable business of helping the barterers to get what they want...
...oldest and best-known barterer is Lausanne's Andre & Co., an 88-year-old firm that last year handled transactions worth $1 billion. Brothers Georges and Jean Andre have 5,000 worldwide agents, a fleet of 15 freighters, leased telex lines to North and South America and, reputedly, Switzerland's largest telephone bill. Bartering has particularly profited from increased East-West trade because Comecon nations like to do at least part of their dealing in merchandise. In their latest transaction, the Andre brothers shipped diesel engines to Yugoslavia in exchange for ship hulls, sold the completed vessels...
...insurance companies would like to forget the past year. The Watts riots cost them $44 million in damage claims. Windstorms in Belgium, fires in the Philippines and a rash of burglaries in Switzerland drained additional huge sums. Then there was Hurricane Betsy, which did an estimated $750 million worth of damage, bringing on the worst single losses in insurance history...
Liechtenstein, the tiny, 253-year-old principality nestled between Austria and Switzerland, ranks near the bottom of the world's temporal powers. Its boundaries barely encompass 61 sq. mi. But in the art world, little Liechtenstein shines as one of the brightest stars in the firmament. Reason: within its confines is the richest old-master collection still in private hands, including a score of Rubenses and Van Dykes along with Raphaels, Brueghels, Titians and Tiepolos...