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Blog Archive » Spot of Swiss
Switzerland’s famous for chocolate, cheese, knives, neutrality and banking . It’s the latter that could be problematic. From VoxEU : Citi Chart In this crisis, the strength of a bank’s balance sheet is of little consequence. What matters is the explicit or implicit guarantee provided by the ...
Britain is in no position to laugh at Iceland’s problems
business.timesonline.co.uk — Is Britain simply a bigger version of Iceland? Certainly the City of London is starting to look a bit too much like Reykjavik, but with taller buildings and fewer cod. It is an exaggeration, but not that much of an exaggeration, to liken the UK to ... (more) Britain is in no position to laugh at Iceland’s ...
Icelanders demand PM resign during violent protests | France 24
france24.com — REYKJAVIK - Thousands of Icelanders demonstrated in Reykjavik on Saturday demanding the resignation of Prime Minister Geir Haarde and Central Bank Governor David Oddsson for failing to stop a financial meltdown in the country. It was the latest in a ... (more) Icelanders demand PM resign during violent protests | ...
How did Iceland go bankrupt?
seeingtheforest.com — The small and hitherto very prosperous nation of Iceland seems likely to go bankrupt. At the moment they don't have even enough foreign exchange to import food (which they can't grow themselves), and... (more) How did Iceland go bankrupt?
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End of the beginning?
Crooked Timber — ... Not only major institutions but whole national economies are up for grabs now. The national bankruptcy of Iceland seems likely to followed by something similar for Switzerland. As Citi itself points out, UBS and Credit Suisse are bigger, relative to the Swiss economy, than Kaupthing was for Iceland. Felix Salmon (also predicting ...

The End of Switzerland
Matthew Yglesias — ... Not only major institutions but whole national economies are up for grabs now. The national bankruptcy of Iceland seems likely to followed by something similar for Switzerland. As Citi itself points out, UBS and Credit Suisse are bigger, relative to the Swiss economy, than Kaupthing was for Iceland. Felix Salmon (also predicting ...

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reuters.com 3/12/2009 — * Companies seek Swiss domiciles despite tax row * U.S. political climate may be helping * Appeal as corporate location may outlast offshore dispute By Sam Cage ZUG, Switzerland, March 12 (Reuters) - The tidy towns and mountain vistas of Switzerland ...
Shoe thrower seeks asylum in Switzerland
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Is Switzerland a Model of Health Care Compromise?
yglesias.thinkprogress.org 3/10/2009 — Ezra Klein writes that Republicans are drawing the lines of opposition to the progressive health care agenda in pretty narrow terms : Does that matter? It’s hard to say. Rhetorically, the GOP has staked out a very narrow corner of ...
The George Bush Years: 'Not According to Plan' - Nachrichten of Switzerland
worldmeets.us 1/18/2009 — [The Toronto Star, Canada] Nachrichten, Switzerland The George Bush Years: 'Not According to Plan'"Bush sees no fault in his actions - things just 'haven't gone according to plan' ... If one wished to credit Bush with anything, it might be this: He ...
Switzerland, Luxembourg, Austria Loosen Secrecy Rules (Update1)
bloomberg.com 3/13/2009 — March 13 (Bloomberg) -- Switzerland, Luxembourg and Austria said they will soften rules on banking secrecy, responding to growing international pressure to root out tax dodgers. Switzerland, where banking secrecy has been enshrined in law for 75 ...
Why Does Direct Democracy Work in Switzerland?
yglesias.thinkprogress.org 7/26/2009 — Stadttheater, Berne, Switzerland (my photo, available under cc license) With Brad DeLong’s caveats I agree with him that Christopher Caldwell’s FT article on the fiscal fiasco in California is quite good. But I do have one ...
In Switzerland, A Health Care Model For America?
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Nordic countries to lend Iceland $2.5 billion (AP)Yahoo! News: Politics News 11/20/2008
AP - Finland's Finance Ministry says four Nordic countries will lend Iceland $2.5 billion (euro1.98 billion) to help the country recover from its economic meltdown.