Basel
Speech parts
1. Basel - Noun
2. Basel - Proper noun
Meaning
a city in northwestern Switzerland
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Examples
Were I to sum up the Basel Congress in a word - which I shall guard against pronouncing publicly - it would be this: At Basel, I founded the Jewish State. If I said this out loud today, I would be answered by universal laughter. Perhaps in five years, certainly in fifty, everyone will know it.
Basel has several first-rate restaurants, and it may be that in the view of the central-bank delegates this advantage outweighs the travel inconvenience, for central banking -or at least European central banking- has a firmly established association with good living.
Accordingly, the Basel standards require the capital/asset ratio of internationally active commercial banks to be above a prescribed minimum international standard, to improve the resilience of the banking sector.
Additionally the headquarters of the Bank for International Settlements (BIS) are located in Basel since 1930.
Additionally there are many footpaths and cycle tracks crossing the border between Basel and Germany.
All successive Governments of Gibraltar have rejected it, although welcoming joint use of the airport (which being next to the border could operate in a similar manner to Geneva Airport or Basel Airport ).