Word: switzerland
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...European engineers start a company in Switzerland, take it public, move the headquarters to California and recruit a marketing whiz from APPLE to run it. The company evolves from a humble provider of computer mice to a seller of everything from cordless keyboards to webcams. And then it goes bust, right? That's the way the story is supposed to end in this grim, post-bubble era. But LOGITECH is defying that logic...
...look so easy that other sectors of the economy are starved of investment. Apart from Australia and Norway, it is hard to think of resource-rich nations that have used their natural endowments to build balanced economies. By contrast, some of the world's richest nations--Denmark, Japan, Switzerland--got that way without any significant stock of natural resources...
...formula and venture into pop singing, as Vanessa-Mae has. "Few people have gone into this area of music, so it's natural to compare us to her," Eos, 26, says. "But that's okay. She's nice. She bought us some champagne when we bumped into her in Switzerland." Reinventing the string quartet is sweaty work?but it has its perks...
...Lausanne police, and to scare dealers off the streets, albeit temporarily. Arrest, he says, is not an option because the cocaine dealers - the vast majority of them in this part of town are West African asylum seekers - are "untouchable." For a start, drug use is not illegal in Switzerland, and possession of .2 grams or less of cocaine doesn't warrant arrest. Also, Swiss law treats seriously its obligations not to repatriate asylum seekers who claim their lives would be in danger in their home countries. "When these guys get here, they already know how the system works...
Many European countries are now drafting softer laws on softer drugs and squaring up to the social implications of criminalizing the harder ones. It's an agenda Switzerland has been pioneering for years: a government-supervised heroin-prescription program in 13 cities and one prison has shown dramatic improvements in the crime rates, social inclusion and health of users. A law allowing the cultivation, sale and use of marijuana is awaiting final approval by Parliament, probably next year. In Lausanne as a result, turf wars among the city's heroin dealers - most of them refugees from Albania and the former...