Word: switzerland
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Russia first lay claim to the Arctic in July 2007, when Vladimir Putin signaled his intention to annex the entire North Pole, an area twice the size of France, Belgium and Switzerland combined. Currently, five countries - Russia, the U.S., Canada, Norway and Denmark - each control a 200-mile economic zone along their coasts in the Arctic region. None of these economic zones reach the North Pole. Under the current U.N. Maritime convention, one country's zone can be extended only if it can prove that the continental shelf into which it wishes to expand is a natural extension...
...need a Kyoto protocol to address financial climate change, fight the greed-house effect and reverse the decline of ethics. We must curtail the emissions of toxic investment funds and promote and reward the development of sound financial products for the sake of global economic health. Ray Moser, Lausanne, Switzerland...
...upward momentum that seemed to dominate in the afternoon came because of the coordinated action between the central banks of the U.S. - which cut its rate half a point to 1.5% - the E.U., the U.K., Canada, Sweden and Switzerland, which all also cut their key lending rates. The decision, which came ahead of the Federal Reserve's scheduled meeting October 28-29 to debate a rate cut, was on the heels of consecutive drops in major market indices around the world and the belief that, thanks to falling commodity prices, inflation is no longer the markets' major problem...
...Protocol for financial climate change with clear objectives: elaborate policies to reduce the greed-house effect and reverse the decline of ethical values. Take measures to stop and fine the emission of toxic investment funds. Promote and reward the development of sound long-term financial products. Ray Moser, LAUSANNE, SWITZERLAND...
...million gift, the largest in Harvard's history, comes from Hansjörg Wyss, a native of Switzerland who graduated from Harvard Business School in 1965. It will go to fund the Wyss Institute for Biologically Inspired Engineering over the next five years. The new institute will be part of the much-touted science complex in Allston, which will also house the Harvard Stem Cell Institute; the Stem Cell and Regenerative Biology Department, a joint venture between the Medical School and the Faculty of Arts and Sciences; and the Medical School’s Systems Biology Department...