Word: giro
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From the Greek. At Bootle, near Liverpool, Prime Minister Wilson opened a $37 million data-processing complex that is to be the heart of one of the most fully automated banking systems in the world. Called Giro-the word comes from the Greek gyros, meaning circle-the system will circulate funds within the country's huge post-office network. With a deposit of $12, anyone will be able to open a Giro account. An account holder can leave standing instructions to have his regular bills rent or mortgage installments, telephone and electric bills-paid automatically out of his account...
...Giro is also likely to get plenty of business from corporations. Close to 60,000 companies have signed up for it so far, including Imperial Chemical Industries, Courtaulds, British Petroleum and most of the nationalized firms. Using Giro's computers, they can pay their employees through the system and use it to collect bills. Best of all, firms can cut down on paper work and accounting costs because they will get a daily statement of payments and receipts...
...confidant of Fidel Castro and the author of a new handbook on guerrilla warfare (Revolution in the Revolution?), Debray was captured last April as he walked out of an abandoned guerrilla camp in the Andean foothills. With him were Argentine Painter Giro Roberto Bustos, who stood trial with Debray, and British Free lance Photographer George Roth, who was later released. At first, Debray claimed that he was a journalist on assignment for a Mexican magazine and backed up his claim by describing how he had interviewed Che Guevara in the bush. That gave the Bolivian government its first real evidence...
...three were foreigners, and all said they were journalists. One was a British photographer, George Andrew Roth, who had often worked on stories with the Bolivian army; he was released. The second was a mediocre Argentine painter named Giro Roberto Bustos, who belonged to the Communist Party but considered it "bourgeois...
Teeny hoppers and overaged juveniles, surfers and Hell's Angels, high school dropouts and stay-ins alike, pile in by the thousands to writhe to the electronic thunder of the Byrds, the Jefferson Airplane and the New Generation in such clubs as It's Boss (formerly Giro's), The Trip (once the Crescendo) and Pandora's Box. Teen Idols Sonny & Cher invented folk rock there and, at the same time, set off the craze for ruffled bellbottoms. The Strip became the perfect place for flaunting rebellion, for catching the latest underground movie at the Cinematheque...