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Professor of Physics Carlo Rubbia, fresh from his internationally acclaimed discovery last week of the subatomic "W" particle, will return from Switzerland tomorrow to resume teaching...

Author: By Michael W. Hirschorn, | Title: Physicist Set To Return After Breakthrough | 2/2/1983 | See Source »

...Western banks pulled out money that they had on deposit in Eastern Europe. Now the National Savings Bank in Budapest intends to get some of that cash back. Its strategy: to compete with the fabled Swiss banking gnomes for Western customers who want to hide their hoards. Switzerland last year became less of a haven because the government loosened its secrecy laws to allow banks, in some cases, to reveal information on accounts held by suspected criminals. The Hungarians, however, promise absolute confidentiality. Moreover, the bank pays 13.5% interest on one-year deposits, vs. 8.6% on a comparable account...

Author: /time Magazine | Title: Dividends: The Gnomes of Budapest | 1/31/1983 | See Source »

Kevin, a 22-year-old California native who plans either to teach English in Switzerland or to enroll in a cooking school on the West Coast, was in the midst of keyboarding a literature paper...

Author: NO WRITER ATTRIBUTED | Title: Forecasting Fate for the Seniors of '83 | 1/11/1983 | See Source »

...Reagan Administration moved in with immediate aid: $1 billion in oil purchase prepayments, another $1 billion in agricultural credits, and half of a $1.85 billion short-term loan put up by the Bank for International Settlements (Bis) in Basel, Switzerland, the so-called central banks' central bank and the keeper of international lending statistics. This was closely followed by an IMF announcement that it had approved a Mexican adjustment plan and would extend a new credit of $3.9 billion. But the commercial banks were not happy over the IMF's conditions that they increase their lending...

Author: /time Magazine | Title: The Debt-Bomb Threat | 1/10/1983 | See Source »

Agca is now in prison, serving a life sentence for his role in the shooting. In his continuing investigation of the case, Italian Magistrate Ilario Martella had previously requested the arrest of two other Turks. One of the two has been extradited to Italy from Switzerland, and the other is being held in West Germany. Martella's office had tittle to say about the arrest of Antonov last week, acknowledging merely that it was possible that Agca "had acted in criminal agreement with other persons... through various meetings in Italy and elsewhere...

Author: /time Magazine | Title: Vatican: The Bulgarian | 12/6/1982 | See Source »

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