Word: branches
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...invited Western economists to advise them on how to set up their own banks. They are trying to introduce their own systems of insurance and taxation as well as their own postage stamps and passports. Two weeks ago, the three Baltic governments called on the KGB to abolish its branch offices in the republics. Last week the three Presidents announced their intention to sign an international treaty curbing the spread of nuclear weapons. They were putting the Soviet Union on notice that it must someday remove its nukes from their territory...
When times were golden for Florida coffee importer Munther Ismael Bilbeisi, he would tell friends his business was so important that the Bank of Credit & Commerce International set up a special branch in Boca Raton just to handle his accounts and those of a few other high rollers. His boast was not unfounded. During the 1980s his Coffee Inc. sold millions of pounds of Central American beans to American buyers. A Mercedes, a Porsche and a Rolls-Royce sat in the driveway of the expatriate Jordanian's $1.8 million home...
...institution has backed traditional morals more ardently than the Roman Catholic Church, particularly under Pope John Paul II. But within the U.S. branch of the church, there are stirrings nonetheless. The most unorthodox to date was a 1977 study commissioned by the Catholic Theological Society of America. Like this year's Presbyterian panel, the Catholic thinkers who took part declared there could be instances in which homosexual, premarital and unwed sex were moral. The group was even unwilling to outlaw adultery flatly, though it urged "extreme caution" for priests who face the issue. The views flew in the face...
Those audits--conducted by the office of the Inspector General, the investigative branch of the Department of Health and Human Services (HHS)--cited a total of $3.8 million as unallowable grant costs. The audits covered the fiscal years 1975, 1976 and 1977 for grant research at the Medical School...
Long-distance-service providers have gone to elaborate lengths to stem the hemorrhaging, but the problem is getting worse, not better. One of the fastest growing schemes involves gaining access to corporate voice-mail systems and private branch exchanges (PBXs) that allow employees to make long-distance calls from remote locations. A clever scammer can dial into a company's PBX, take control of an extension and use it to call anywhere in the world. The fraud doesn't show up until the company is billed, 30 to 60 days later...