Word: dollarize
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Dates: during 2000-2009
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...research firm A.G. Edwards. But the heat is on. In January McDonald's, which is in the middle of its own revival, scored big when its coffee beat Dunkin's in a Consumer Reports survey. Starbucks, meanwhile, rolled out hot breakfast sandwiches last fall while Burger King debuted a dollar menu featuring the Hamlette, a knockoff of the Egg McMuffin...
...find a dollar doughnut menu at Dunkin'. Rather than engage in a price war with the fast-food giants, Dunkin' is trying to close the gap between itself and Starbucks. Although it makes more money on breakfast sales overall than the Seattle-based chain, the average Dunkin' check is just $1.85, vs. $3.75 at Starbucks, notes food analyst Tom Miner of research firm Technomic. Dunkin' has positioned its breakfast sandwiches as quick quality, at the same price as Starbucks, $2.99. "I think they're in a good position against their competitors," says Miner. "Their biggest challenge is to focus...
...spreads by diffusion as roommates point out interesting or humorous articles to friends over breakfast. To top it off, the price point was a steal. The Times would have footed the bill for delivery, and Harvard would have received eighty newspapers for ten weeks for just over $1,700 dollars, amounting to just 40 cents a copy (the Times sells for a dollar on newsstands). The UC chose not to fund copies of The Times partly in order to have more funds for student groups. The UC’s annual budget is about $410,000, which, after setting aside...
...Which is why one of Bush's least talked about proposals this week - a White House conference on building stronger civil institutions in Latin America - may well be the most important. The oil-rich Chavez can throw his multibillion-dollar largesse around the hemisphere, but he can't claim much of a reputation for spreading democratic institutions, and that's an area where the U.S. could build an advantage over the Caracas caudillo. Bush noted this week that too many Latin Americans "have seen little improvement in their daily lives, and this has led some to question the value...
...change could be bad news for industries with time-sensitive data like travel schedules, bank transactions and stock market purchases. If computers are off by an hour, check receipts could be logged at the wrong time, million-dollar stock trades could be missed and automated equipment in emergency rooms or manufacturing plants could malfunction - to name some worst-case scenarios. There's also the worry of cascading failures. "Changing the time zone in some applications might throw others out of whack," says Ben Kus, senior technology director at BigFix, a computer management firm. Even if fears of Y2K hysteria...