Word: zurichers
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Dates: during 1980-1989
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...Many voters just thought of the opening of the Berlin Wall. They thought, 'O.K., we can get rid of arms because there's no danger,' " suggests Kurt Spillmann, a professor at the Federal Institute of Technology in Zurich. But the willingness of so many Swiss to vote, in effect, against the army indicates a disaffection that would once have been unimaginable...
Individualism in the young is also a large factor. "The majority of young people are having increasing difficulty seeing the army as the school of the nation," says sociologist Karl W. Haltiner of the Military Affairs Department in Zurich. Spillman agrees: "There is a weakening of the nation-state feeling and the need to defend...
...years ago, the Sacher family called in Gerber, who headed the Zurich Insurance Co., to take over Hoffmann-La Roche, whose Valium profits had tranquilized it into lethargy. He streamlined the administration, production and research and set out to find a new generation of superstar drugs. The antibiotic Rocephin, which had worldwide sales last year of $445 million, is currently the firm's largest-selling product. Valium, though, remains the second-best seller. Last week the company reported that 1988 profits had risen to $389 million, up 33% from the previous year, on sales of $5.3 billion. Now that Hoffmann...
...crime in Switzerland unless it can be shown that the cash flows from criminal activities. Yet Switzerland is a magnet for money launderers because of its legitimate multibillion-dollar trade in foreign bank notes. As much as 3,000 lbs. of foreign currency arrives daily at Zurich's Kloten airport. Much of the cash represents earnings from tourism, which each country's banks exchange for local currency. Swiss authorities are investigating charges that Lebanese currency dealer Barkev Magharian, 35, and his brother Jean, 44, both of whom are now in custody, took advantage of that market by laundering around...
...report last year on the money-laundering affair, Swiss Federal Prosecutor Dick Marty mentioned the Zurich currency-dealing firm Sharkarchi Trading. The company denies any involvement in money laundering. Shortly before publication of the prosecutor's report, Hans Kopp, a prominent Zurich lawyer and husband of Justice Minister Elisabeth Kopp, resigned his positions as a director and vice chairman of Sharkarchi. Mrs. Kopp later resigned after admitting that she had warned her husband of the impending scandal. A criminal probe will determine whether she violated official strictures of secrecy...