Word: zurich
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...Chicago Mercantile Exchange and the Chicago Board of Trade to keep from losing yet another homegrown industry: futures trading. U.S. exchanges developed modern-day futures, including popular contracts based on Treasury bonds and the Eurodollar. By the late 1980s, however, copycat exchanges from Auckland to Zurich were able to establish their own futures markets by trading when Chicago was closed for the day. Last year the U.S. share of the worldwide futures business had slipped to about 50%, compared with more than...
...program worked: by early this year, the incidence of new AIDS cases had dropped from 50% to 5%. (Overall, 20% of Zurich's addicts have tested HIV positive.) Trouble was, the Platzspitz also became a magnet for professional dealers, especially Lebanese, Yugoslav and Turkish gangs that overran small dealers in a violent price...
...effort to stem the alarming rise in AIDS cases among drug users, Zurich, along with a few other cities in Switzerland, began an experiment three years ago in drug tolerance. Addicts were permitted to sell, buy or use drugs in the city's downtown park, the Platzspitz. Needle Park, as it quickly became known, attracted up to 4,000 drug users a day. Health officials freely distributed clean needles along with counsel on social and medical services...
Amid complaints of rising crime, Zurich officials last week shut down Needle Park for good. Some users clustered around the central train station, others headed off in search of methadone. With sales suddenly back underground, addicts complained that the price of heroin had doubled overnight to $214 a gram. Healthworkers said efforts to prevent AIDS would be much more difficult...
...store called Mary's House in Malta; employees who were questioned indicated it had been bought by Abdel Basset. Scouring Malta, investigators also found a diary kept by Fhimah, who had been a station manager there for Libyan Arab Airlines, with a revelatory entry: "Abdel Basset is coming from Zurich . . . Take taggs ((sic)) from Air Malta." The apparent meaning: Fhimah used his access to airport facilities to steal Air Malta baggage tags. The end of the story, as spelled out in the indictments: sometime between 8:15 a.m. and 9:15 a.m. on Dec. 21, 1988, Fhimah and Bassett tagged...