Word: digitalizing
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Dates: during 2000-2009
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This is hardly a return to double-digit inflation, but it bears watching. A day after Greenspan uttered the words pricing power, a report on consumer prices revealed there has been a sharp uptick, and mortgage rates jumped. Long-term rates are highly sensitive to inflation, so that's a good place to watch for clues as to whether the inflation fears will turn into a fever. --By Daniel Kadlec...
...supports for families and friends back home. Expats send an estimated $100 million a year to relatives, money that many poor Zimbabweans depend on to survive. John Nzira left Zimbabwe in 2002 after the purchasing power of his salary, worth roughly $100 at the time, was devoured by double-digit monthly inflation. When three of his brothers died of aids, he found himself responsible for their eight children and other needy relatives. Nzira now lives in Johannesburg, where he works for an environmental group. But every three months he fills his truck with groceries for a trip to his mother...
...Lindsay Owen-Jones, who stays on as chairman. A graduate of the Hautes Etudes Commerciales, Agon will need the skill of a makeup artist to keep L'Or?al looking as good as it has under Owen-Jones, who steered the $19 billion company through two decades of annualized double-digit profit gains. On Agon's to-do list: promoting L'Or?al's new antiaging skin-care line for men. ?By Dody Tsiantar
...other words, three people composing letters of complaint precipitated a seven-digit fine. "The problem," argues Jarvis, "is that the media swallows [the data] whole, and it takes on a life of its own. There was no flood of letters. It was a trickle." The PTC strongly denies trying to create an illusory mass of outraged citizens. Of the 1.1 million complaints filed with the FCC last year, Winter says, only about 230,000 came from...
...Owen-Jones, who stays on as chairman. A graduate of the Hautes Etudes Commerciales, Agon will need the skill of a makeup artist to keep L'Oréal looking as good as it has under Owen-Jones, who steered the $19 billion company through two decades of annualized double-digit profit gains. On Agon's to-do list: promoting L'Oréal's new antiaging skin-care line for men. --By Dody Tsiantar