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Switzerland Trade

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NEWS
December 14, 1989 | Reuters
Swiss watchmakers, who make timepieces out of everything from gold to plastic, now want everyone to wear a cuckoo on their wrists. The Swiss cuckoo watch, complete with alpine chalet and pine cones, will make its debut soon, the newspaper 24 Heures reported. Unlike the traditional cuckoo clock, the bird will not pop out and sing the hours but will instead move each second.
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CALIFORNIA | LOCAL
May 8, 1997
A U.S. government study of Switzerland's World War II dealings with Nazi Germany finds that Swiss banks knowingly trafficked in stolen goods, and that in the war's aftermath Washington and its allies did too little to force Switzerland to return to its rightful owners gold bought from the Nazis. Those owners included occupied countries whose gold reserves Germany looted.
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CALIFORNIA | LOCAL
May 8, 1997
A U.S. government study of Switzerland's World War II dealings with Nazi Germany finds that Swiss banks knowingly trafficked in stolen goods, and that in the war's aftermath Washington and its allies did too little to force Switzerland to return to its rightful owners gold bought from the Nazis. Those owners included occupied countries whose gold reserves Germany looted.
NEWS
December 14, 1989 | Reuters
Swiss watchmakers, who make timepieces out of everything from gold to plastic, now want everyone to wear a cuckoo on their wrists. The Swiss cuckoo watch, complete with alpine chalet and pine cones, will make its debut soon, the newspaper 24 Heures reported. Unlike the traditional cuckoo clock, the bird will not pop out and sing the hours but will instead move each second.
BUSINESS
May 29, 1985 | Associated Press
Switzerland's trade deficit widened to 922.8 million Swiss francs, or about $357 million, in April from 649 million francs a year earlier, the government reported. Imports totaled 6.54 billion francs and exports totaled 5.61 billion francs. In April 1984, imports totaled 5.5 billion francs and exports 4.9 billion francs. A dollar currently buys just under 2 1/2 francs. For the first four months of the year, Switzerland's trade deficit amounted to 3.3 billion francs, or about $1.3 billion.
NEWS
April 12, 1992 | MITYA NEW, REUTERS
The average Swiss must work a mere 20 minutes to earn enough to buy a hamburger and french fries. The average American worker would have to put in 26 minutes; a Mexican would labor nearly four hours. The Swiss are wealthier than most others, by average salary, by gross domestic product per capita and by relative fast-food prices. Many Swiss are worried that that may be changing, however. An economy long built on low inflation, full employment and a stable currency is at bay.
NEWS
August 8, 1990 | JAMES GERSTENZANG, This story was reported by Times staff writers Jack Nelson, Robin Wright, Melissa Healy, James Gerstenzang and David Lauter in Washington and Kim Murphy in Cairo. It was written by Gerstenzang
President Bush, moving to counter an Iraqi threat to the industrial world's oil supplies, Tuesday ordered a massive deployment of American troops and warplanes to Saudi Arabia and other Mideast locations, U.S. officials said. The U.S. forces, to be moved into the region in phases, ultimately could number 90,000, with most destined for Saudi Arabia itself, officials said. As many as 4,000 were to reach the Middle East by this morning.
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