Word: switzerland
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Dates: during 1970-1979
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...million citizens, will be only a "small nation," and therefore some business managers will prefer to follow the departing Sun Life Assurance Co. to Toronto, the center of anglophone Canada. Once internationally recognized as a full-fledged nation, we will still be as large as Austria or Switzerland, and twice the size of Israel. Like those countries, all we ask for is your respect and noninterference...
...investment rush has been building for years, and now it is gaining momentum. One factor is the dollar's slump, which has enabled holders of West Germany's mark, Switzerland's franc, Japan's yen and other strong currencies to buy a piece of the U.S. at bargain prices. More important, in the new economic climate of high-energy prices, sluggish international growth and protectionist trade sentiments, the U.S. appears to be the country best suited to ride out the tempest. It also seems the nation least vulnerable to the terrorism that is ravaging Italy...
...community of 60,000 that slipped into decline when its coal mines gave out, West Germany's Schott Optical Glass company opened a manufacturing plant in 1969 with 60 employees. It now has 600. Reports TIME Correspondent Gisela Bolte: "City fathers have hired a consultant in Switzerland to recruit other foreign companies. A Swiss firm that has developed a friction reducing process for machinery will soon open in Pittston. To make the community even more attractive, the local airport runway will soon be extended to accommodate jumbo jets. In addition, a 42-acre industrial park has been declared...
Largely because of the kidnaping threat, more and more wealthy Italians have decided to leave altogether or at least set up a residence somewhere outside the country. They choose places as far away as Caracas or as close as Lugano, just across the border in Switzerland. For many, the question is not so much the destination as it is how to get out of Italy with the means of supporting themselves in the manner to which they would like to become reaccustomed. Most succeed in spite of the law forbidding Italian residents to take more than $580 in lire...
...Fatherland Union Party, but Kieber nonetheless refused to step down. The impasse virtually paralyzed Liechtenstein's government for two months. Last week the head of state, Prince Franz Josef II, 71, stepped in to render judgment: both Kieber and Brunhart could share the job. Now Liechtenstein, where only Switzerland maintains an embassy, has twice as many Foreign Ministers as it has foreign ambassadors...