Word: dollarize
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Dates: during 2000-2009
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...Thanks to success stories like McGee's, Worthington saved $2.5 million in claims over the past two years, more than double what it has spent on the program, says Kay Cooke, director of benefits. That makes McGee proud: "We're a profit-sharing company, so I figure every dollar we save is a dollar in my pocket one way or another...
...minor-league baseball stadium. Coney Island fixture Dick Zigun, who has brought back old traditions like the circus sideshow and invented new ones like the Mermaid Parade, reflects the population's pragmatism: "We went far on spirit alone, but there's only so much you can do without multimillion-dollar investment...
...election would be a measure of vindication for what many believe is a frame-up. His indictment includes 16 counts alleging fraud, racketeering, money laundering, soliciting bribes and violating the Foreign Corrupt Practices Act, charges that could land him a prison term of more than 200 years. All along, "Dollar Bill" - a nickname he was tagged with early in his political career - has maintained his innocence. At his arraignment, where he entered a not guilty plea, he offered a hint to what could be a central part his defense - that the charges are politically motivated - and suggested that the "honorable...
...every airline aircraft in U.S. skies there are now two corporate aircraft - that's 18,000 planes, up from 1,800 in 1970. Jeff Roberts, group president of CAE, a billion-dollar aviation simulation and training company, says that the past four years brought a 40% increase in the deliveries of business aircraft worldwide. The FAA forecasts that at least 9,000 new corporate jets will be delivered over the next decade, adding 10% more annual flying time compared with 3% for commercial jets. That provides an estimated $227 billion to corporate jet manufacturers, such as Bombardier, Embraer and Dassault...
...when the subject turned to economics, Reagan blundered. After speaking in favor of stable monetary exchange rates, the President offhandedly observed that nonetheless "there could still be some lowering of the ((U.S. dollar's)) value." Money traders interpreted that as a renewed attempt to talk the dollar down in order to reduce the U.S. trade deficit, and the greenback promptly sank. White House Spokesman Marlin Fitzwater issued two clarifications asserting that the President wanted the dollar to stabilize. Reagan will have to do better than that at a summit with Gorbachev, lest the Soviet leader steal all the credit...