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video-arabic-Swiss watches not spared by global crisis

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Uploaded by on Feb 13, 2009

It is the jewel of the Swiss industry -- But clock-making in Switzerland is hit by the global financial crisis. Swiss watch exports fell 7.6 percent in December 2008 compared to a year ago, and the trend is expected to continue this year, with jobs at stake. But the industry has survived other crises, and is now counting on its enduring sturdiness to stay the course.

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