uncleflo
Registered since September 28th, 2017
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Tag selected: swiss.
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Philippe Dufour
Saved by uncleflo on June 5th, 2018.
Philippe Dufour says that people come to him because he creates watches that cannot be found elsewhere. "I'm obliged to innovate" he says pragmatically. But do not feel sorry for him. The challenge to create the world's first double escapement wristwatch was seized gladly. The aim of the double escapement is to compensate for errors in the rate of the watch, produced by the effect of gravity on the regulating organs. In this sense, it challenges the existing champion, the tourbillon device, invented by Breguet in 1801. Philippe Dufour's double escapement has proved already to be effective. Compared with the tourbillon, it possesses the additional quality of retaining all its efficiency when reduced to the dimensions of a wristwatch. The key to the concept is a complex differential system, positioned, with the two escapement mechanisms, on the fourth wheel. The two balance wheels operate completely independently of each other. The differential system averages out the differences between them, and thus reduces the potential error in rate by half. The differential system alone, without the regulating organs, has twenty-one parts, twice as many as the tourbillon. And yet the entire assembly is only 30 mm in diameter, and 4 mm high. It fits neatly into a 34 mm watch. How may the Duality be recognised? This master of complications says that, aesthetically speaking, he likes simplicity. For the Duality this means a smooth, finely polished case in yellow gold, rose gold, white gold or platinum. A silvered dial carries Dauphine-style hands pointing to raised hour markers and Arabic numerals. A distinctive feature of the dial is the unusual placing of the small seconds-hand at half-past seven, reflecting the layout of the movement. The strap is in top quality, hand stitched crocodile leather.
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200 Years of Swiss Bank Secrecy Is Ending. So, Where's the Money?
Saved by uncleflo on November 13th, 2014.
A funny thing's happened in Finland. Scores of its monied elite have filed requests to correct their tax data this summer—suddenly recollecting that they'd stashed earnings away in Swiss banks. Truly, this is the end of an era, thanks entirely to a U.S.-led crackdown on tax evasion. It's also a strange new beginning. Late last May, following a yearlong criminal investigation, Swiss bank Credit Suisse AG plead guilty to aiding wealthy U.S. citizens in hiding taxable income, agreeing to pay roughly $2.6 billion in penalties for the crime (to be divvied up between the Justice Department, the Federal Reserve, and the New York State Department of Financial Services, for some reason). Credit Suisse was charged with a pattern of misconduct that included actively recruiting clients, courting them at airports, golf courses, family weddings, and elsewhere with the promise of shielding their earnings from the IRS, and then also destroying documents pertaining to these concealed accounts.
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Paul Furgale
Saved by uncleflo on June 3rd, 2014.
Paul Furgale is the Deputy Director of the Autonomous Systems Lab at the Swiss Federal Institute of Technology in Zurich (ETH Zurich). His current research is focused on long-term autonomy for mobile robotic systems, including perception, mapping, localization, and planning over long timescales and in highly dynamic environments. He is the scientific coordinator for V-Charge, a European project and industry/academic collaboration that seeks to develop automated valet parking and charging of electric vehicles in mixed traffic. He received a PhD (2011) from the University of Toronto Institute for Aerospace Studies (UTIAS) where he developed algorithms to support over-the-horizon sample return for planetary exploration rovers as part of the Autonomous Space Robotics Lab. His PhD work was field tested in the Canadian High Arctic and subsequently integrated into several Canadian Space Agency rover prototypes.
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