Word: transitioning
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...years ago Campaign GM introduced two resolutions. The first provided for the creation of an independent shareholders' committee to investigate GM's policies concerning auto safety, pollution, mass transit and minority hiring. The second would have expanded the GM Board to include three consumer representatives. Harvard voted against them both...
...currencies as by any overall success in Nixon's efforts to devalue the dollar. In Japan, the dollar lost 6.4% of its value during its first full week of floating against the yen. TRADE. The Treasury Department ruled that more than $1.5 billion of imported goods in transit to U.S. ports or in bonded warehouses on Aug. 15 were exempt from the 10% import surtax. Secretary of Defense Melvin Laird announced that the U.S. would sell 175 F-4 Phantom jets to West Germany for $1 billion. Laird said that the decline of the value of the dollar...
Ironed Out Snags. The agreement, for instance, refers to "transit traffic" between West Germany and West Berlin. The West Germans translated the phrase as "Durchgangsverkehr," literally, "through traffic," while the East Germans wrote it as simply "transit," which means travel between foreign countries. The Russians complained that their language did not even contain a word for Durchgangsverkehr. The West Germans feared that acceptance of the word "transit" without qualification would imply an admission that West Berlin was foreign to West Germany, and might even allow the East Germans to reapply traffic controls along the access routes in keeping with "international...
...British troops trying to police the border have an almost impossible assignment. The frontier has no fences, no minefields, no walls, no guard towers. Officials are not even sure how long it is; their published estimates range from 250 to 303 miles. Twenty roads cross the frontier at authorized transit points, marked by British and Irish customs posts. An additional 160 "unapproved" roads also cross the border; passage along them is forbidden, but they are widely used for transporting everything from guns to butter, from whisky to gelignite. On the other hand, British troops have, by their own admission, strayed...
...unions. The committee intends to hold further hearings this fall, and will have no lack of examples of mismanagement. Last year officials of the United Mine Workers were found in breach of fiduciary trust for allowing millions in assets to languish in a mine-controlled bank. The D.C. Transit Co. invested $2 million owed to its workers' pension fund to finance its own real estate. Javits' bill would compel fund managers to buy insurance against defaults or bankruptcies...