Word: indirections
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...study, released last Friday, raised the concern that the universities with large investment portfolios engage in “indirect tax arbitrage” by selling low-cost, tax-exempt bonds to finance some expenditures instead of spending endowment funds invested in high-yield assets...
...Jerusalem Post, citing Israeli military sources, reported on Tuesday that Syria rebuffed an Israeli overture to have indirect military communications through the U.N. observer force that monitors the demilitarized buffer zone between the two sides in the Golan, whose purpose is solely to prevent an outbreak of violence. So this year's Independence Day picnickers on Mount Hermon will enjoy their hummus under what appears to be a looming storm cloud...
...Soviet Union. There's no Jade Curtain falling over Asia. And if Moscow sought security through expansion, China's leaders will take another path. Uneasy about collision and aware of their weakness, they are likely instead to manipulate and eventually reshape the international system. Such an indirect, slow route suits both the Chinese temperament and the nation's obsession with stability. It means trying to reshape the landscape around an opponent instead of colliding with it directly, to win battles before you need fight them. In terms of military strategy, this means that China will attempt to neutralize foreign technological...
...School of Public Health encouraged donors and grant applicants to factor in the indirect costs of research—including not insubstantial expenses such as heating and electricity—which cut back on expenditures paid for by the school itself...
Still, the Pope is the Pope, a global leader with very few equals in terms of pomp, history and circumstance. His links, however indirect, to specific cases of sexual abuse will necessarily catch the attention of both Catholics and non-Catholics. Another priest acknowledged that Benedict being specifically named in the Milwaukee and German cases just makes the news all the more troubling. "It's so volatile right now," he says. "Many of the faithful who were losing confidence in their bishops, now, it's in the Church Universal. What you read in paper: it's a real crucifixion...