本帖最后由 choi 于 1-24-2016 19:38 编辑
(3) Catherine Bosley, Fergal O'Brien and Jan Schwalbe, Switzerland Weathers the Superstrong Franc.
http://www.bloomberg.com/news/ar ... e-superstrong-franc
Note:
(a) summary underneath the title in print: The central bank spent billions defending the exchange rate cap
(b) quotation underneath the title in print: 'Delaying * * * *would have led to a much worse outcome'
(c) "It was in a small, wood-paneled boardroom overlooking Lake Zurich that Thomas Jordan[, 'president of the SNB, , the nation’s central bank,] and his colleagues at the Swiss National Bank made a decision * * * to scrap a cap of 1.20 francs to the euro [that was 'announced at 10:30 am Central European Time on Jan 15, 2015']. The bank had kept it in place since 2011 in an attempt to control the Swiss currency’s runaway strength and avoid further damage to the country’s exports, which make up more than 60 percent of gross domestic product."
(i) Lake Zurich
https://en.wikipedia.org/wiki/Lake_Zurich
* Zurich is the largest city (population: 400,000) of Switzerland, whose capital is Bern.
(ii) time zone
https://en.wikipedia.org/wiki/Time_zone
(section 5 UTC offsets worldwide)
Europe has Western European Time, Central European Time, Eastern European Time (north to south: Finland, Baltic states, Ukraine, Moldova, Romania, Bulgaria, Greece and Turkey), and Further-eastern European Time (Russia).
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