Word: dollarize
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Dates: during 2000-2009
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...military spending 8.8% Percentage of Saudi Arabia's GDP devoted to military expenditure in 2005. Saudi Arabia has expensive taste in military hardware, such as Patriot missiles, from the U.S. 4% Percentage of America's GDP devoted to military expenditure in 2005, a lower proportion but higher dollar amount: the U.S. spent $495.3 billion, compared with Saudi Arabia's $25.4 billion
...such an extent, he told the Atlantic Monthly, that he asked his grandchildren to call him "Ike" and Ann "Mamie." It was Eisenhower who presided over the first National Prayer Breakfast, saw the addition of "under God" to the Pledge of Allegiance and IN GOD WE TRUST to dollar bills, and declared that "our form of government has no sense unless it is founded in a deeply felt religious faith, and I don't care what it is." There has always been a certain virtue in vagueness when it comes to presidential piety, and Eisenhower, a Presbyterian convert raised...
...Paul van Dijk, director of the tortoise and freshwater turtle biodiversity program at Virginia-based Conservation International (CI). Turtle meat is still eaten in parts of rural America and there is a growing domestic market in urban Asian-American communities. The meat also has found its way onto high-dollar menus at fashionable wild game restaurants across the country. But ever since China opened up its economy in 1989, conservationists have become alarmed at that country's insatiable appetite for turtle meat...
...second biggest economy, second only to South Africa. The infrastructure, the roads were well done, the railways and telephones were good, the health sector was good. The schools were the best in Africa - we had a 86-90% literacy rate. We had a sophisticated economy. And the Zimbabwean dollar was strong. In 1980, one Zim dollar was one pound sterling - or two American dollars...
...invade the farms and crush the farmers. But one the results was economic collapse. Inflation is 4,000%, according to business people I talk to. Prices double in two days. People are leaving the country. You can't survive here. The government pretends the exchange rate is 250 Zim dollars to the [ U.S.] dollar; in reality it's 25,000. It's disastrous. And as people leave, Mugabe's people, who have a lock on foreign currency in Zimbabwe, are buying up every business in Bulawayo. Everything is geared towards the advancement of Mugabe and his party elite...