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The reality is that Britain needed reserve troops in the event of a nuclear conflict and to fight in its various wars of decolonisation.
The reality is that Britain needed reserve troops in the event of a nuclear conflict and to fight its various wars of decolonisation.
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The rules meant Standard Life needed reserves to cover investments that promise guaranteed bonus levels.
That means that companies either deliberately overstated or understated needed reserves, or they found significant errors, he said.
In a case of fraud, Mr. Beresford said, a company might overestimate needed reserves to reduce current profits and have money available in later, leaner years, or underestimate them in order to bolster revenue in the current period.
Utilities, for their part, complained that when they need reserve power the most, in the midafternoon, all the cars would be on the road.
Banks don't lend reserves, and they don't need reserves in order to lend.
So the government does not need reserves to prop up the exchange rate.
Now women are equal, it went, why should they need reserved and sheltered space?
The military buys about $1.2 billion of prescription and nonprescription drugs every year, he said, and needs reserves in the event of a war.
In addition, it needs reserves for exigencies beyond normal transactions.
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