Word: switzerland
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Dates: during 1970-1979
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...Alfred Schaefer, of the Union Bank of Switzerland, echoed that emphasis: "The U.S. has thrown a stone in the pond of international trade and financial relations. But all of us cannot just lie back and watch what has happened. We have to work together quite fast. If we do not, the waves provoked by the stone could be quite dangerous for the world's economic and financial structures...
Pierre Waltz of Switzerland's Société Suisse pour I'Industrie Horlogère, a holding company of watch manufacturers, warned: "We have to assume President Nixon's good faith internationally. But we have also to add that if he does not succeed, this country will almost certainly go protectionist." Gerrit Wagner agreed: "We should take back to Europe a message that though the situation is serious, the U.S. has the best intentions. However, if it is confronted with a choice between a national and an international solution, it will opt for the national...
...prospect of an isolationist America perturbed the Europeans. Giuseppe Bertola, of Switzerland's Brown Boveri, said: "I have always found in America a certain missionary zeal. The First World War made the world safe for democracy and revived in Europe the truth about the American dream, the American way of life, and so on. Now it seems that this missionary zeal has been lost in the big changes through which we are passing. America speaks no more of leadership, but of partnership. Everybody is confused by what is intended, because just at a moment when it is necessary...
Born. To Karim Aga Khan, 34, Imam, or spiritual leader, of 20 million Ismaili Moslems; and the Begum, Princess Salima, 31, onetime London fashion model and former wife of Lord James Crichton-Stuart; their second child, a son and heir to the title; in Pregny, Switzerland. Name: Rahim...
...holiday on export profits and non-repayable cash grants of up to half the cost of plant and equipment, some 500 new factories have gone up in Ireland. About 350 are foreign-owned, and the roster includes IBM, General Electric and Olin from the U.S., Plessey from Britain, Switzerland's Oerlikon, South Africa's De Beers, The Netherlands' Verolme United Shipyards and Germany's Liebherr. The Irish Industrial Development Authority, under Michael Killeen, 43, a former head of the Irish Export Board, will spend about $70 million this year to help attract and finance still more...