Word: bankes
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Dates: during 1970-1979
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...West Bank and Gaza issues will be discussed in a working group to consist of Israel, Jordan, Egypt and the Palestinian Arabs...
Arabs regard the proliferation of Israeli settlements as proof that Israel will never surrender the West Bank and is not much interested in going to Geneva anyway. Inadvertently, Israel's Ashkenazi Chief Rabbi Shlomo Goren may have provided further support for that view. "Geneva is like the next world," he said. "It is a beautiful place to be, but you try everything you can not to go there too soon...
...which get their money from employers on the basis of man-hours worked and tons mined. One of the largest, which provides $20 million monthly in pension checks to 81,500 miners, has used up its cash reserves entirely and now survives month-to-month on a combination of bank loans and new payments from the mine operators. If the whole union walked out, the fund would not be able to meet its obligations, and the other funds would also be in grave jeopardy...
...present, profits on such a sale are not taxed so long as they are reinvested in another home within 18 months. Treasury now proposes in addition to exempt the first $75,000 profit on the sale of a home even if the seller puts the money in the bank rather than using it to buy another house...
DIED. Mason Welch Gross, 66, former president of Rutgers University (1959-71); after a long illness; in Red Bank, N.J. A critic of U.S. involvement in Viet Nam, Gross maintained a quiet campus during the '60s era of protests...