Word: dollarize
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Dates: during 2000-2009
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...these lamentations—however awfully distorted and misdirected—with which one can sympathize, something completely absent amongst the counter-complainers, who are no less obnoxious. Where were they–given their claims of moral superiority and wisdom—when Harvard lost over 350 million dollars in a hedge fund last year? Or when the administration breached its contract with its workers? Of course, they were too jaded to care. For these people, it seems that it’s the feeling of superiority over their classmates that matters, not actually considering anyone?...
...stretch to see the venture as two men trying to step out from the shadows of their fathers. On Boxing Day 2005, the brilliant, belligerent Kerry Packer died, giving James control of Publishing and Broadcasting Ltd., the multibillion-dollar family empire. Five months earlier, Lachlan had abruptly quit as News Corp.'s third highest-ranking executive in New York City, convinced he was being overruled by underlings. According to a source, he complained to his father, News Corp. chairman Rupert Murdoch: "What's the point of me being here?" The young Murdoch and his wife, Sarah, returned to Sydney...
Bout was both a product of the post-Cold War era and a master of its chaos. After the collapse of the Soviet Union, the industrious 25-year-old saw an opportunity to turn dozens of military cargo planes that were sitting unused on military runways into a multimillion-dollar transport business...
...young engaged couples asking for a diamond's certificate of origin. Meanwhile, DiCaprio's greenie documentary The 11th Hour made just $700,000. "There's a 99% chance your film won't have an impact," says writer-director Paul Haggis, whose movies have tackled racism (Crash), euthanasia (Million Dollar Baby) and the mental health of Iraq-war veterans (In the Valley of Elah). "It would be hubris to think otherwise...
...reasons in 2000. Castro’s initial hostility fell away with Hurricane Michelle the next year; By 2007, the U.S. was Cuba’s largest food supplier and its seventh largest trading partner overall. The weakening of tourist and remittance restrictions have revealed just how valuable the dollar is in Havana, where surgeons moonlight as bellhops because the tips they make from American tourists are worth more than their professional salary. Imagine what an actual repeal of the embargo might accomplish...