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Word: dollarization (lookup in dictionary) (lookup stats)
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...elbow, as she rattles a handful of coconut rings. "I don't have a girlfriend," I reply. "You know why you don't have a girlfriend? It's because you don't buy her a present." The logic is hardly watertight, but her repartee is easily worth a dollar. After dusk, Phsar Chas hurtles into overdrive. No etymologist is required to explain the nature of adjoining Pub Street, a grid of red-tiled colonial town houses that has evolved into one of the most eclectic entertainment zones in Asia. There's the inevitable Irish pub, numerous spots punning...

Author: /time Magazine | Title: A New Chapter | 12/5/2006 | See Source »

...there are few sure things in Afghan commerce. Not even a powerful international brand like Coca-Cola is guaranteed success. In September, Habib Gulzar Non-Alcoholic Beverages, Coke's franchisee in Afghanistan, opened a $25 million dollar bottling plant on the outskirts of Kabul. The modern facility-the first such factory to open since the fall of the Taliban-is large enough to produce 40,000 cases of soda a day. But the factory is operating at less than 20% of its capacity. Asked to estimate when the investment might be recouped, Salman Rawn, country manager for Coca-Cola Afghanistan...

Author: /time Magazine | Title: Capitalism Comes to Afghanistan | 12/4/2006 | See Source »

...still a very fragile country institutionally,” he said. “EU entry will bring some vitality, but it will bulldoze cultural identity.” The cultural loss would largely be attributed to rapid modernization, the consul said. Just outside Bucharest, the Romanian capital, billion dollar complexes and modern offices that are “ugly culturally” are already going up, he added. Dimancescu, a 1976 graduate of Harvard Business School, expressed further concern about the economic challenges the country would face. While the consul agreed that the integration would open the country?...

Author: By Kevin Zhou, CONTRIBUTING WRITER | Title: Consul: EU Entry Threatens Culture | 12/4/2006 | See Source »

Still, a lot has changed since the first clubs opened their doors in 1998 promising virtually unlimited access to multimillion-dollar homes from Telluride to Tokyo. The "anywhere, anytime" promise has morphed into "most places most of the time," says Ben Addoms, a founder of Quintess, Catch the Dream, which has 38 properties in 24 locations...

Author: /time Magazine | Title: Life After Work: What's Wrong With This Club? | 12/3/2006 | See Source »

...book's ultimate satirical trick was to flip the slur into a sales tool. Its title: Nigger! "Whenever you hear the word 'nigger,'" Gregory wrote in the introduction, "you'll know they're advertising my book." Call a man a nigger, earn a brother a dollar...

Author: /time Magazine | Title: Viewpoint: Why I'm Good with the N Word | 12/3/2006 | See Source »

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