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Switzerland has had a long standing surplus on its current account. But over the past 15 years that surplus has surged to levels unmatched by nearly any other OECD country at any point. This paper looks at the surplus from a balance of payments vantage point as well as from the optic of the excess of national saving over domestic investment. It then seeks possible explanations for the uptrend and assesses whether it results to any extent from market, institutional or policy failures that could call for reforms. A number of important measurement issues are raised. But the key recommendation is that the authorities should prepare for a possible sharp increase in the value of the Swiss franc if and when investors engaged in the "carry trade" unwind their positions. To that end they should...
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... period under review, no material recommendations and decisions, respectively, were issued relating ...
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...OIML International Recommendation R104: Pure Tone Audiometers; b. OIML Internationa...
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Recognition of the need for more ethically responsible business practices has the emergence of a strong global movement to embrace and promote the concept of social responsibility (SR). In the debate about the reach and relevance of SR there have been faltering attempts to arrive at agreed definitions and ways to expand its spread. However, the ISO has taken a major step forward in the wider adoption of SR by opening the way for the publication of ISO 26000, which gives guidance on social responsibility as an International Standard by the end of 2010. ISO 26000 is intended for use by organizations of all types, in both the public and the private sectors, in developed and developing countries, as well as economies in transition. It will encourage socially responsible operations in the ma...
... key arguments that resulted in the recommendation to proceed with the development of ISO 26000 was t...
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Regeste
Art. 11 Abs. 2 und Art. 12 Abs. 1 MSchG; Nichtgebrauch einer Marke in der hinterlegten Form. Nichtigerklärung einer Wort-/Bildmarke mangels rechtserhaltenden Gebrauchs während mehr als fünf Jahren (E. 2).
Regeste
Art. 3 Abs. 2 lit. b MSchG, Art. 6bis PVÜ, Art. 16 Abs. 3 TRIPS; notorisch bekannte Marke. Der Inhaber einer nicht eingetragenen, aber in der Schweiz bereits notorisch bekannten Marke kann einem Dritten untersagen, ein verwechselbares, vor Bestehen der Notorietät nicht gebrauchtes Zeichen zu verwenden (E. 3-4). Begriff der notorisch bekannten Marke und Kriterien zur Beurteilung der notorischen Bekanntheit (E. 4).
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Regeste
Art. 11 al. 2 et art. 12 al. 1 LPM; non-usage d'une marque dans la forme déposée. Constatation de la nullit...
... 1999 verabschiedet hat (Joint Recommendation Concerning Provisions on the Protection of Well-Kn...
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... of Swiss takeover transactions, recommendations and decisions of the Swiss Takeover Board (TB), an...
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... Recommendation. Competition Commission publishes a recommendati...
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...A general recommendation is to perform a warm-up that includes all the body...
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... one 18th-century European doctor's recommendation to spend a total of 200 hours in the thermal water...
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I never felt like a foreigner," [Birgit] adds. "And we've managed to live quite a normal life, we've walked a lot. New York is the whole world in one city - I love walking here.
"I often cook myself, because I like to eat normal food and whenever it pleases me. Of course we like to go to "La Goulue" and "Eat", but we also like little places."
"I don't have any typical hobbies," [Kjell] shrugs. "I don't play golf or anything, but I do enjoy good movies. One favorite, which we have seen several times, is a Chinese film called 'To Live'. I also read, newspapers mostly."
...A final recommendation for people yet to experience the city?. "The beach...