Word: cartels
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Dates: during 2000-2009
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...crisis also proves how successful the strategy of terrorist intimidation has been. The CPJ, in fact, is investigating a growing number of reports about Mexican journalists who have become well-paid "publicists" for one cartel or the other--inserting material into their newspapers or broadcasts, for example, that can burnish a kingpin's image or tarnish that of a rival...
...impossible to stop it," Hoeppner gripes of the impromptu cartel deals. Even for an exclusive photo, a Czech tabloid would pay a fraction of what its U.S. equivalents might. Most Czech celebrity shutterbugs are simply well-paid salarymen. "Better the money, bigger the threat your editor will scold you, 'How come you don't have that?' " Hoeppner says...
...need to coordinate handling the growing development, production and transportation costs, and technological challenges--and acidly reminds you that only Russia, Qatar and Iran have a long-term supply capability. That's why the U.S. got nervous last month when gas producers met in Qatar. Such an OPEC-like cartel might control as much as 80% of the world's natural-gas reserves and 40% of natural-gas pipeline transportation. He proudly emphasizes Russia's leading role in this coordination due to its resources--and feigns surprise at the U.S. calling it a weapon of blackmail...
Faced with a glut of diamonds in South Africa that risked destroying prices, De Beers in 1890 organized a cartel to control supply, which was further tightened in 1925. Beginning in 1938, the company commissioned a series of clever promotions in the U.S. to convince consumers that diamonds were rare (they were not), that they symbolized romantic love (a copywriter's concoction) and that they should never be sold, further limiting the number in circulation. The pinnacle of this campaign was the advertising tagline introduced in 1948: "A diamond is forever." It was used to cement the role...
...TanzaniteOne switched to a "sightholder" selling system in which all the better production is reserved for six preselected clients who buy at a price fixed by TanzaniteOne. The move appears to have helped stabilize prices, which is reassuring for retailers and final consumers, but it smacks of the diamond cartel. However, there are important differences, argues Ian Harebottle, who replaced Nunn, still the largest shareholder, as chief executive at TanzaniteOne last May. TanzaniteOne controls only 35% of tanzanite, compared with De Beers' historic 70% market share. In 2005, TanzaniteOne's sales totaled $41.1 million. "We don't want...