Word: dollarize
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Dates: during 2000-2009
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...Burma's doorstep. While Western countries have been wondering how to promote democracy, China has been quietly changing the facts on the ground. More and more of Burma's economy is being linked north and east, with new roads, bridges and railways, and now plans for a multibillion-dollar oil pipeline extending from the Bay of Bengal across the Irrawaddy Valley to China's Yunnan Province and beyond. Hundreds of thousands of Chinese have already settled in Burma in recent years and more will likely follow...
...million at retail in the first 24 hours. Since then, gamers have logged almost a billion person-hours playing Halo 2 online. Because it's exclusive to the Xbox 360, Halo 3 is also Microsoft's weapon of choice in its struggle with Sony for supremacy in the multibillion-dollar game-console market. "We're not just dealing with a game here," says Shane Kim, corporate vice president of Microsoft Game Studios, which owns Bungie. "We're dealing with a great entertainment property, one that has the potential to be a cross-media property like a Harry Potter...
...That feeling, which more and more Guatemalan mothers and adoptive mothers in the U.S. are experiencing these days, reflects the growing awareness that adoption in Guatemala is all too often a multimillion-dollar underworld trade. The nation's ill-regulated adoption business, run by private lawyers and notaries, is rife with corruption, including forged paperwork, payoffs to women who agree to hand over their children and, in some cases, newborns stolen from hospitals or mothers' arms, according to the government human rights ombudsman's office. One U.S. couple spent almost two years and $50,000 to adopt their Guatemalan daughter...
...earlier this month, when Harvey announced that his new venture, The Weinstein Company (TWC), will oversee a $285 million dollar fund toward the production and distribution of 31 "Asian films," the industry was in a muddle over whether this was a lavish pronouncement or just plain smart business sense. The move is expected to help the company cut costs, and it may also allow the Weinsteins to stake a claim on the growing market of Asian film viewers...
...says. He points to Viking's one-year warranty on parts and labor and a five-year limited warranty on parts as proof that the company stands behind its products. That hasn't convinced Ben Collins, president of the Salins Group in Charlotte, N.C., which specializes in multimillion-dollar home renovations. After persistent problems with his Viking wall ovens, he is no longer a fan. "Viking has been called the Mercedes of kitchen appliances, and it's living on the brand name," says Collins...