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Word: awash (lookup in dictionary) (lookup stats)
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...public service campaign may seem unusual, but in many ways it simply reflects the country's desperate economic situation. During the oil crisis of the early 1980s - when Nigeria was awash with petro-dollars and its president boasted to his neighbors that his country's problem was not poverty but how to spend all its money - the Naira was almost worth $2. Since then, though, military rule, corruption and mismanagement have crippled the country's economy and its currency. One U.S dollar is now worth around 140 Naira...

Author: /time Magazine | Title: Africa's New Kind of Money Laundering | 4/27/2006 | See Source »

...curbing business activity. Higher borrowing costs hurt corporate earnings, which is ultimately reflected by lower stock prices. Andy Xie, chief Asia economist at Morgan Stanley, says the world's equity markets have been surfing on a "tide of liquidity" for the past five years?meaning investors have been awash in cash, thanks to the easy-money policies of the world's central banks. With interest rates low, no fund manager worth his bonus wanted to park money in low-yielding money-market accounts. Stocks, for most investors, were the only game in town. The rise of hedge funds, which seek...

Author: /time Magazine | Title: Pumped about stocks | 4/10/2006 | See Source »

...Brown’s interesting novel is a no-brainer. As of last week, it has returned to the number one spot for hardcover fiction after an incredible 157 weeks on the list. A copyright/plagiarism lawsuit and a star-powered movie adaptation are now conspiring to keep the book awash in the media spotlight...

Author: By David Zhou, CRIMSON STAFF WRITER | Title: Bestseller: The Da Vinci Code | 4/4/2006 | See Source »

...aforementioned kidnapping--Loretta's loopy/jealous stapler-salesman boyfriend Dave (Tom Barnett) throws Michael into his car's trunk--are so top-heavy with look-at-me absurdness that they nearly capsize the whole effort. Yet Yates is able to keep the proceedings afloat partly through a consistent aesthetic awash in kitschy tones...

Author: /time Magazine | Title: Misfiring Misfits | 3/27/2006 | See Source »

Ford Motor is in much better shape than GM, in part because it is smaller by about one-third in the U.S. While GM is awash in red ink, Ford Motor overall is still profitable, thanks to trucks like the F-150 and its finance and global business, which includes Mazda, Volvo and Land Rover. (Another brand, Jaguar, is losing money.) On the cost side, the U.S. carmakers are dragged down by the huge burden of benefits for retired workers, such as health care, which account for $930 of the cost of each of GM's vehicles, $560 of Ford...

Author: /time Magazine | Title: Can This Man Save The American Auto Industry? | 1/22/2006 | See Source »

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