Word: dollarization
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Dates: during 2000-2009
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...bypass his dealers - who usually get a cut of roughly half of a work's sale price - and make straight for the auction houses. (The auctioneer's fee is paid by the buyer on top of the sale price, which means Hirst will walk away with pretty much every dollar his work gets hammered down for.) If it meets expectations, the sale could put about $120 million into Hirst's already well-lined pockets, a payday unlike anything any living artist has seen. And The Golden Calf will be the prime lot, with a presale estimate of $14.6 million...
...camps. If you own one or work for one, you'll probably see oil companies as vital lubricants of the world economy, without which business and development would collapse and millions would stagnate in poverty. If you're anyone else, you'll know them as giant enterprises making billion-dollar profits, by turns accused of holding the world economy hostage, precipitating a global food crisis and endangering the planet. Now imagine the public relations nightmare facing an oil company that uses technology responsible for powering Nazi Germany, that propped up apartheid for decades and that operates a plant with...
Some 2,000 people have responded to your e-mail asking for $2.50 donations. How much have you raised so far? Over $5,000. In two weeks. It's been a great response. Most of the money is from anonymous people, sent by mail. It could be a dollar or two or as much as a $10 bill. I also received some payments through PayPal...
...Aeroparque Jorge Newberry - and that he wasn't aware of its contents. But Maria del Lujan Telpuk, the agent who stopped Antonini inside Newberry's VIP sector, says he became visibly nervous when she asked him to open the bag. "I had to insist," says Telpuk, who recalls the dollar bills "literally spilling out" when Antonini unzipped it. (Telpuk, 28, has since parlayed her new fame and good looks onto the cover of the Argentine edition of Playboy magazine - holding a suitcase beneath the caption "Corruption Undressed...
...Berlusconi insists that Libya has inched back into the international community, and that the hefty dollar figure includes a large portion in investment projects that will benefit Italian companies, including a long planned major highway to link Algeria to Tunisia and Egypt. Gaddafi also announced that Italy will get preferential deals on his country's oil and gas reserves, and threw in the return of an ancient Venus statue taken to Rome during colonial times as a sign of goodwill...