Word: switzerland
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Dates: during 1980-1989
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...latest default could make life more austere in Kim's kingdom. Lawyers representing the creditor banks are already scouting for North Korean assets to seize, including reserves believed to be stashed in bank accounts in Switzerland, Austria, West Germany and elsewhere. There is speculation too that the creditors could try to intercept the shipments of gold, worth about $27 million each, that Pyongyang sells each month through the London bullion market. Juche, in other words, could encompass even harder times ahead...
...Nunn was just back from a holiday in Switzerland, where he had digested a sheaf of memos explaining how he could win the Democratic nomination. But doubts about shouldering a presidential campaign on top of his Senate duties plagued him. There were moments when he thought he would make the plunge, but he woke in the middle of one night last week convinced that he should not. So Thursday morning, he activated what he called Operation Red Light -- the distribution of a no-go statement. His wife Colleen phoned his mother Elizabeth in Perry, Ga., with word of the verdict...
Ordinarily it takes decades to build an industrial behemoth on the scale of General Electric, West Germany's Siemens or Japan's Hitachi, but last week a world-class electrical-engineering giant was born practically overnight. In a surprise strategic move, two smaller European competitors -- Switzerland's Brown, Boveri and Sweden's ASEA -- announced a plan to merge their main operating divisions into a joint venture that would boast annual sales of more than $15 billion and employ some 160,000 workers. The new ASEA Brown Boveri should be a potent competitor in the global market for heavy electrical products...
...former revolutionary, who joined Castro's movement at the age of 15, claimed that the Cuban leader has a stash of cash totaling several million dollars hidden away in Switzerland. "Who can sanction Castro?" asked the defector. "What parliament or national assembly can ask for an explanation of what is done with that money...
...energy-sapping weather seems to have reached all the way to the colder climes of Switzerland. In Geneva, superpower negotiations on nuclear weapons have not screeched to a halt, but rather have come inside from the lazy heat, turned on the air conditioning, and flopped on the couch for a nap. The meetings have been in the doldrums for quite some time...