Word: switzerland
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Dates: during 1970-1979
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...mercy mission. Shortly before the jet was to return to Europe, TIME has learned, Balair agents got a request from the South Vietnamese: Would the DC-8 fly out "some personal belongings" of the presidential family, as well as a few things owned by Lon Nol to Switzerland. The cargo consisted of 16 tons of gold, which has a current market value of about $73 million...
Secrecy in Switzerland is a big business, encased in laws that carry stiff penalties for violations like breaking the shroud of anonymity around numbered bank accounts. Sometimes, though, Swiss secrecy gets in the way of enforcement of other countries' laws. In one current case, the aftermath has been both bizarre and tragic; it includes the jailing of a former executive of a giant drug company, the suicide of his wife and a threat to have two high officials of the European Economic Community (Common Market) arrested if they set foot in Switzerland...
...prices for livestock vitamins and two popular Roche tranquilizers, Librium and Valium. Officials suspected Roche of violating several articles of the Treaty of Rome, which governs trade between Common Market countries. If so, the company would also be in violation of a separate trade agreement between the EEC and Switzerland, which is not a member of the Common Market...
...recent weakness of the U.S. dollar, and the Swiss are seeking closer economic ties with their neighbors - a thrust that is hardly helped by attempts to thwart the Common Market's policing authority. As one EEC official put it: "A lot of companies have their European headquarters in Switzerland. Something like this could happen every time we investigate one of them. Adams didn't turn the information over to a rival pharmaceutical firm. He gave it to the EEC, which was investigating a possible violation of Common Market law. If the Swiss want to protect that kind...
Died. Don Jaime Borbón y Battenberg, 66, pretender to the Spanish throne; following a stroke; in St. Gallen, Switzerland. Son of Spain's last monarch, the syphilitic Alfonso XIII, Don Jaime was born a deaf-mute. He eventually learned to speak four languages, led a sybaritic life, mostly in Italy, after his father was forced to abdicate in 1931. Don Jamie renounced his claim to the Spanish throne in 1934, but began having second thoughts in the '50s as aging Caudillo Francisco Franco vacillated between Borbón claimants who he hoped would restore the monarchy...