Word: switzerland
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...World Economic Forum, an influential think tank whose annual conference attracts the likes of Bill Gates and Tony Blair, earlier this month ranked Canada's banking system as the soundest in the world. The U.S. came in at No. 40, and Germany and Britain ranked 39 and 44, respectively. (Switzerland was No. 16, just ahead of Namibia.) "For Canadian banks, having higher capital ratios than anyone else in the world is a source of pride," says analyst Mario Mendonca with Toronto-based investment bank Genuity Capital Markets. (Read "Four Steps to Ending the Foreclosure Crisis...
...Klee was forced to emigrate from Germany to Switzerland, the country of his birth, because the Nazis considered his art "degenerate" and there were rumors that he was Jewish. Klee's visualization of the inhumanity of Nazi rule shows that, in contrast to common misconceptions, not everything he created carried the illusion of cheerfulness. In Marked Man, lines in the shape of a swastika stretch like scars across what resembles a child's rendering of a human face. "The more horrifying this world becomes (as it is these days) the more art becomes abstract," Klee wrote in 1914. But while...
...they were over 10 times GDP this year. Furthermore, external debt in the form of foreign deposits in Icelandic banks was over 20 times the government’s debt. Effectively, the banks had become too big for the government to protect.Despite the fact that countries like Switzerland and Britain have survived for centuries with a similar discrepancy between banking assets and GDP, the miniscule size of the Icelandic economy as well as its fragility contributed to the deepening of the crisis. Earlier this year, while Icelandic banking executives offered interviews to calm investors, the Financial Times published an influential...
...flowers at the roadside without rational reason,” which means that in the eyes of the Swiss government, playing “she loves me, she loves me not” is roughly equivalent to torturing a small dog with a car battery.Perhaps this should be expected. Switzerland already has animal protection laws ad absurdum. Last month, a set of laws went into effect that require canine owners to take a four-hour course before buying a dog, anglers to take a course on how to catch fish humanely, and pet owners to protect goldfish privacy...
...United States 1 2 Switzerland 2 3 Denmark 3 4 Sweden 4 5 Singapore 7 6 Finland 6 7 Germany 5 8 Netherlands 10 9 Japan 8 10 Canada 13 11 Hong Kong SAR 12 12 United Kingdom 9 13 Korea, Republic of 11 14 Austria 15 15 Norway 16 16 France 18 17 Taiwan, China 14 18 Australia 19 19 Belgium 20 20 Iceland 23 21 Malaysia 21 22 Ireland 22 23 Israel 17 24 New Zealand 24 25 Luxembourg 25 26 Qatar 31 27 Saudi Arabia 35 28 Chile 26 29 Spain 29 30 China 34 31 United...