Word: dollarization
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...animation studios, Pixar and DreamWorks, stand above the rest as multibillion-dollar box-office titans and as entertainment delivery systems. But they have distinct, nearly opposite artistic personalities. Pixar (Toy Story, Finding Nemo, WALL-E) is the clear avatar of the Walt Disney style, stressing sympathetic characters and seamless storytelling. DreamWorks (the Shrek trilogy, Shark Tale) updates the dazzle and impudence of the Warner Bros. cartoon studio of the '30s, '40s and '50s - a faster pace, lots of sight gags and pop-culture allusions; its movies tend toward anarchy but land in vaudeville. DreamWorks is contemporary, Pixar timeless. Both work...
When Canada enacted some of the first incentives at the turn of the millennium, the weak Canadian dollar and the tax credits were enough to lure many Hollywood films out of the country altogether. An ensuing uproar within the American film community sparked a move to entice these “runaway productions” to remain in the lower 48, and many states formerly unfamiliar with film production found their way into the industry. Currently, approximately 80% of American states provide some benefit—ranging from sales tax exemptions to tax credits—to films that shoot...
...Obama tapped his professors’ support throughout his bid for the presidency for money, connections, and advice. A top-dollar fundraiser held at the Cambridge home of Professor David B. Wilkins ’77 in early 2007 not only reunited him with old classmates and Law School professors, but also allowed him to rub elbows with influential Massachusetts Democrats...
SOUTH KOREA Drop in currency value since a year ago: 30% For South Koreans, the current economic meltdown has a sickening familiarity. During the 1997 Asian financial crisis, the South Korean won lost 52% of its value against the dollar. Things haven't gotten that bad yet in 2008, but there are still plenty of sudden bargains in the Land of Morning Calm, long an unjustly ignored travel destination. Bewildering Seoul boasts dramatic mountains, spicy street food and gorgeous royal palaces. Beyond the capital - where almost half the country lives - South Korea has arty port cities like Busan and cultural...
...sand dunes of Scotland's northeast coast have a rugged, unadorned beauty and understated elegance. So when Donald Trump flew his private Boeing jet into Aberdeen airport in 2006 and announced, with typical Trumpian bombast, that he intended to construct a billion-dollar-plus development on the dunes that would include the "greatest golf course ever constructed," he set the stage for a protracted conservation battle that on Monday reached the highest level of Scottish government...