Word: mello
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...Iran traffic is far beyond the rumor stage. TIME has seen proof in the form of hundreds of documents provided by Carlos Vieira de Mello, an international arms dealer who worked with the purported rug merchant, Hashemi. TIME has also examined secret records from the State Department's Office of Munitions Control and papers from private arms companies showing that U.S. tank engines and fighter-plane spares were routed to Iran through Canada and Britain. The records indicate that much of the trade is directed from London...
Private arms dealers like Hashemi and De Mello account for much of the sales to Iran. At Iran's insistence, Hashemi set up various business entities to try to conceal his U.S. connections: his R.R.C. Co. in Stamford with its rug-shop front; a subsidiary in London; a separate company, Zoomer Fly Ltd., also in London. Hashemi's brother Cyrus, who was president of the now-defunct First Gulf Bank & Trust, helped finance the Zoomer Fly operation...
According to De Mello, a Brazilian citizen who is listed as president of R.R.C., most of the equipment purchased in the U.S. by his firm came from subcontractors who supply major American defense firms. Many of the sales aroused little attention because the equipment was of a type that also has civilian uses and thus can be sold legally under some interpretations of the vague U.S. trade rules. It included radar, navigational equipment and radio parts. When R.R.C. found that U.S. Customs officials rarely checked crates of this equipment, it began to address them openly to the Iranian air force...
...caffeine battles, of course, are merely the latest skirmishes in the ancient war between Coke and Pepsi. Coca-Cola, which makes Sprite, Fresca, Mello Yello and other brands in addition to Coke and TAB, leads all soft-drink producers, with some 36% of the total market. Pepsi brands, including Mountain Dew, have about 25%. But although regular Coke is still the bestselling soft drink, it has lost some ground to Pepsi since the early 1970s (see chart...
...Supply Co. (1981 sales: $82 million): "Most of us are not joiners. But we decided to risk it." Added Lane Nemeth, 35, president of Discovery Toys of Benicia, Calif.: "The committee gives me a source of support, a feeling that it is O.K. to be successful." Said Judy Hendren Mello, president of The First Women's Bank in New York City: "Often we get tired of being the only blouse at a black-tie business diner. It's mind-blowing to have access to high-level women...