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Word: annualized (lookup in dictionary) (lookup stats)
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...radars available for small ships run about $4,000. High end GSP system cost about $1,500, and sonar systems a little less than $1,000. All of the equipment runs about $400,000 for 12 trawlers and 50 raiders before installation costs. Once again, this is not an annual cost because most of the hardware can be used for several years...

Author: /time Magazine | Title: Somali Pirates Are Getting Rich: A Look At The Profit Margins | 4/15/2009 | See Source »

...Based on annual costs with pro forma calculations for things that have a life of more than a year, the expenses of operating the Somali pirate operation are $79 million. That puts the profit of the operation at over $120 million. It is worth contrasting that to the average income per capital in Somalia which is only about...

Author: /time Magazine | Title: Somali Pirates Are Getting Rich: A Look At The Profit Margins | 4/15/2009 | See Source »

...organization, even decades after their involvement as undergraduates. Louis H. Begley ’54, the critically-acclaimed author, was a member of the fiction board while at Harvard and is currently the Chairman Emeritus of the Advocate’s Board of Trustees. In 2000, an annual prize was established in his honor for the best fiction piece published in the magazine...

Author: By Liyun Jin, CRIMSON STAFF WRITER | Title: ‘Advokats’ In The House | 4/15/2009 | See Source »

...once a year, the Harvard baseball team gets to step into the cleats of its big league heroes on one of the national's pastime's biggest stages: Fenway Park. On Monday, the Crimson took its annual trip to Fenway to play against BC in the consolation game of the Baseball Beanpot tournament. While Harvard lost, 9-5, the opportunity to soak in the stadium's rich history and take the same field that has played host to some of baseball's greatest legends was not lost on the team. Watch the video after the jump for scenes from...

Author: By Aparicio J. Davis | Title: Crimson Under the Green Monster | 4/15/2009 | See Source »

Russia is currently 147th in Transparency International's annual corruption survey, alongside Syria, Kenya and Bangladesh. A recent poll by the independent Levada Center, meanwhile, found that while 85% of respondents believe officers do their job satisfactorily or very well, the majority also see the police as part of "repressive structures." (See pictures of London's police on duty...

Author: /time Magazine | Title: New Rules for Russia's Cops: No Bribes or Wild Sex | 4/15/2009 | See Source »

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