Word: switzerland
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Dates: during 1960-1969
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...Algerian government has accused the Swiss bankers of harboring $12 million that a rebel sequestered from Premier ben Bella's treasury. Last week, in a far more serious affair, Switzerland was shaken by one of the worst scandals in the annals of Swiss banking. 'The government suspended from office the man most directly re sponsible for policing the country's banking integrity: Max Hommel, presi dent of the Swiss Banking Commission...
Deepening Division. What worried Wilson concerns political leaders and businessmen throughout Europe: the deepening division between the Outer Seven (Britain, Sweden, Norway,Denmark, Portugal, Austria, Switzerland) and the Inner Six (France, West Germany, Belgium, Luxembourg, Italy, The Netherlands). On Jan. 1, 1967, the European Free Trade Association's final internal tariff reductions go into effect, to be followed six months afterward by those of the Common Market, and the worry is that trade patterns will become so set within the blocs that attempts to join them will be increasingly fruitless...
...appendicitis when it occurred to me I didn't have the foggiest notion what college was all about," recalls Robert Watkins, a graduate of St. George's prep school in Newport, R.I. "I wasn't ready." Some 4,000 miles away in Lugano, southernmost city in Switzerland, Mrs. Mary Crist Fleming, 54, was pondering a related idea. "Every bit of extra maturity and training a high school graduate can get before entering college is going to help," she said. "They need a breather, a chance to get excited again about learning...
These two attitudes mesh so nicely that Watkins, son of the Providence Journal's publisher, is now attending Mrs. Fleming's unique precollege travel and European studies program at her American School in Switzerland. A Radcliffe graduate who wanted to give her three children both a European experience and preparation for a U.S. college, Mrs. Fleming nine years ago opened her own high school in a 17th century cobblestone Lugano villa. It now has 100 students, all Americans. Yet Mrs. Fleming still felt that her "students were not getting as much out of Europe as they should...
...losses from $21 million to $4,000,000 last year by pruning away 4,000 excess employees, restoring Far East service, eliminating old pistons and going for jets; of injuries sustained when the twin-engine Beechcraft in which he was a passenger crashed during a storm near St. Moritz, Switzerland, also killing his wife and the two pilots...