Word: switzerland
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...announced the creation of a Cabinet-level Presidential Commission on Good Government, headed by former Senator Jovito Salonga, 65. One of the panel's tasks will be the recovery of an estimated $2 billion in "hidden wealth" that the Marcos family has surreptitiously squirreled away in the U.S. and Switzerland. Salonga said he had already secured counsel in New York City to block the possible sale of more than $300 million in Manhattan properties allegedly owned by the Marcos family. "We will have no trouble recovering the assets here in the Philippines," Salonga said. "But overseas we will have...
Artukovic took advantage of U.S. cold-war hostility toward Yugoslavia, among other things, to fend off extradition requests that began in 1951. He used false papers to emigrate to the U.S. in 1948, after first traveling to Italy, Switzerland and Ireland. Artukovic lived in California until his 1984 arrest and worked as a bookkeeper. The extradition order came less than an hour after U.S. Supreme Court Justice William Rehnquist denied the aged Nazi's request for a stay. Unless his health prevents him from being tried for his crimes, his fate in Yugoslavia could be execution...
...replacement as chief of correspondents and new assistant managing editor is Henry Muller, 39. Brought up in Switzerland and San Francisco, Muller first worked for TIME as a campus stringer at Stanford, from which he graduated in 1968. After joining Time Inc. in 1970, he became a correspondent in Ottawa, Vancouver and Brussels successively and served as Paris bureau chief from 1977 to 1981, when he returned to New York City and became senior editor of the World section. Since then he has supervised TIME's past three Man of the Year cover stories and the special 1985 issue...
...artifacts who had emigrated from Iran to the U.S., owned some 100 of Faberge's plain enamel eggs, which were made for ordinary collectors and not monarchs. Hearing that an Imperial egg was being auctioned off by Christie's in Geneva, he asked his sister Shahnaz, who lived in Switzerland, to try to buy it. This particular egg was supposedly commissioned for the 300th anniversary of the Romanov dynasty in 1913 by Czarina Alexandra for her husband Nicholas II. It opens to reveal a tiny statue of Nicholas astride a horse...
...with a bid of $250,000, Aryeh flew to Geneva to pick up his purchase. He was disappointed with its appearance and refused to pay, fearing that it was a fake. Says Aryeh: "Faberge made very few Imperial eggs, and they are all masterpieces. The one I opened in Switzerland was junk." Christie's officials insisted the egg was genuine. After months of haggling, Christie's sued Aryeh. Finally, the auction house produced a letter from British Art Expert A. Kenneth Snowman, the world's leading authority on Faberge, who declared the egg "undoubtedly" an Imperial Faberge. Aryeh paid...