Word: dollarization
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Dates: during 2000-2009
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...then, of course, there is the time spent, whose dollar figure is incalculable, though one study says it's worth more than the cash laid out. Parenthood means never really being alone, until the day the kids leave home and you're left with no idea what to do with all the time and energy you used to spend chasing after them. Maybe I'll finally learn to knit. Or cook something with more than three ingredients. Or slide the years of accumulated photographs into fresh, matching albums, the images incubating as memory to hatch as history...
...first glimpse into the strange modern methods of making money from making markets in stocks. Madoff's version of it was actually outdated by the time he explained it to me. With the government-ordered advent of decimalization in 2000 (stocks were previously traded in eighths of a dollar) and the rise of nimble competitors, the big spreads that Madoff Securities once feasted on were already a thing of the past...
Final Clubs: 1. Eight endowed all-male clubs, housed in their own multi-million dollar mansions. 2. The center of some students’ social lives (mostly female first-years’), they are viewed disapprovingly by College administrators and women’s groups alike. 3. Bastions of socioeconomic elitism. 4. Generally overrated...
...Mediterranean. Libya is keen for investment to help fund much needed work in roads, rail links, telecommunications, and even on its oil rigs. Libya's Soviet-era military equipment is also in bad need of an overhaul, and France, Britain and Russia are all vying for multi-billion-dollar defense contracts. "Libya can offer a lot of investment opportunities," Zainy said. "There is construction, there is trade." (Read: "French Defense Execs Woo Gaddafi...
...meat - especially in a world in which more than 1 billion people go hungry? A lot. For one thing, not all food is equally inexpensive; fruits and vegetables don't receive the same price supports as grains. A study in the American Journal of Clinical Nutrition found that a dollar could buy 1,200 calories of potato chips or 875 calories of soda but just 250 calories of vegetables or 170 calories of fresh fruit. With the backing of the government, farmers are producing more calories - some 500 more per person per day since the 1970s - but too many...