Word: transaction
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...Yugoslav Central Committee met last week in Belgrade's ornate, 19th century Parliament Hall. For the first time since World War II, President Josip Broz Tito was not present to call the tune. He was relaxing at his island hideaway of Brioni, fully content to let his lieutenants transact what business there was. Tito's absence-and his confidence-were symbolic of the country's new relaxation. Yugoslav Communism is evolving toward a less dictatorial-if still far from democratic-form of government...
Commodities trading is more intricate than stock trading and a lot more hazardous for the unwary. Ranged on the steps of seven pits on Chicago's trading floor, the brokers transact orders for Kansas wheat, Illinois soybeans, or other crops that have not yet been harvested and in some cases not even planted. Sales of such futures are made with hand signals-palm up and in when a broker is buying, or up and out when he is selling. Fingers are held horizontally and manipulated to indicate prices offered or asked. Each contract represents 5,000 bushels...
...lined by crumbling warehouses. Into these godowns flows virtually all of Saigon's rice (Chinese control 90% of the nation's crop), and in the plush, air-conditioned clubs above Cholon's shops, coatless, tieless Chinese businessmen in bright Hawaiian sport shirts gather to chiao-chi-transact business in as pleasurable a manner as possible. In clubs such as the Chins Shan (Green Mountain) and Lo-t'ien (Happy Sky), the walls echo to the rattle of mah-jongg stones and the click of poker chips on black teak tables. Plenty of business is consummated...
Coffee, which makes the politician wise, And see through all things with his half-shut eyes, as Alexander Pope put it ironically, opened quite a few eyes in India last week. For thousands of Indians, the coffeehouse is indispensable as a place to meet friends, transact business, talk, write, and incidentally, consume coffee, along with free ice water and cashew nuts. Politicians, wise or unwise, come and go, inflation gallops, the population spirals; but in the coffeehouse things remain the same-or at least they did until the great betrayal...
...sponsored international conference at Vienna drafted an immunity-restricting treaty, which has already been ratified by 21 nations. Under the treaty, diplomats will be accountable for property they own or private business they transact in the host country outside the bounds of their diplomatic duties. Embassy employees will retain immunity only while they are on official business...