Word: cliff
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Dates: during 2000-2009
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...much cheaper price, for instance, if they are not required to pay a licensing fee. Consumer groups accuse European politicians of swooning for the handful of crooners currently lobbying for copyright extension. French singer Johnny Hallyday - a close friend of French President Nicolas Sarkozy - and the British pop legend Cliff Richard have run high-profile campaigns in the hope of continuing to collect royalties on recordings of songs they released in the 1950s. "Copyright is an economic instrument, not a moral one," Andrew Gowers, author of a 2006 British-government-funded study of intellectual-property laws and a proponent...
...Iranian budget deficits have soared and inflation is now a hefty 25% a year, according to Cliff Kupchan of risk consultancy Eurasia Group in Washington. Government officials are "digging a deeper hole, spending money they do not have," Kupchan says. Last November, 60 Iranian economists sent Ahmadinejad a letter warning him that his policies threatened economic ruin. "We have nothing because Mr. Ahmadinejad has spent it all," says Leylaz, who did not sign the letter, though he is a fierce critic of the President. "Mr. Ahmadinejad's economic policy has an absolute lack of financial discipline. His priority is making...
...says Johnson, because the people taking crazy risks didn't think they were taking crazy risks. Top executives at now defunct Lehman Brothers had most of their wealth tied up in company stock, for example, yet that didn't stop them from steering the company over the cliff--because they had no inkling that was what they were doing...
...country - won't begin to drive out of the ditch until the end of next year, as consumer spending improves, new hiring resumes and the city's battered construction industry gets back on its feet. The worst case? The recession deepens, and the ditch turns into a cliff. (Read an analysis of Vegas' bad bets...
...based writer, that was the trickiest part about planning the trip to Southern France he gave his wife for her 30th birthday - making sure it retained all the elements of a gift, while being enjoyable for him too. So, after putting her through an arduous hike up a steep cliff from the Riviera town of Eze-Bord-de-Mer (his idea of fun), he made sure there was a birthday cake waiting for her at the ritzy Chevre d'Or restaurant in the village at the top (everyone's idea...