Word: annualized
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...dollar you put into the futures market controls well over $300 worth of oil. We can put a price tag on the whole market: for a mere $4 billion, you can easily control the fate of the entire multitrillion-dollar industry. Goldman Sachs pays out more than that in annual bonuses. (Read "The Reasons Behind Big Oil Declining Iraq's Riches...
...dumped in the wild - a practice that's gotten out of control in Florida since 2000. It's a big reason the state laid down regulations last year that make it more difficult and expensive to own reptiles like these in the first place. The reptiles now require $100 annual permits and, if they're wider than 2 in. (5 cm), a microchip embedded in their skin to help owners and the state keep track of their whereabouts. Owners must also prove their handling skills. "We want to curb the cheap impulse-buying of these snakes," which can cost...
...Affirmation-starved France usually loves global titles of any kind (one big reason French competitors tend to outnumber foreign rivals in quixotic contests like reverse round-the-world solo yachting races and France's annual international plumb-spitting tournaments). But the news that les français had kept their crown as the world's most troublesome tourists provoked a collective Gallic shriek. "The French Are the Worst Tourists on Earth," blared the website for Libération above a story on this year's survey. "Do French Tourists Abroad Do Their Country Honor?" radio-news station France Info asked...
...coverage of the 2008 poll) shows, the Expedia survey gets a lot of attention. This year's best-ranked tourists - the Japanese were followed by English, Canadian, German and Swiss travelers - are likely to point proudly to the outcome as a paragon of scientific accuracy. But this third annual bruising of French pride should be taken with a pinch of salt. There are several aspects of the survey that make its methodology suspect - and results significantly skewed. The poll ranks 27 nations' travelers over nine behavioral categories. But it questioned just 4,500 respondents, all of whom work in hotels...
...From July 9 through July 12, the Macau Poker Cup, a bimonthly tournament sponsored by PokerStars Macau, will see more than 100 players competing for a minimum of $129,000 in the main event. The event pales in comparison with the annual World Series of Poker (WSOP) in Las Vegas, which draws in 7,000 players for a grand prize of $8.5 million at its main event, but the Macau tournament's organizers have high hopes for the game's potential in Asia. "The gold standard is the World Series of Poker," says Fred Leung, marketing manager for poker company...