Word: dollarized
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Dates: during 2000-2009
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...users to turn a profit. San Francisco made a splash when EarthLink partnered with Internet ad king Google for gratis services, but they're still debating what will be free, and this model is far from proven. "Relying solely on ads is a misplaced dream to fund a multimillion-dollar network," says Craig Settles, author of Fighting the Good Fight for Municipal Wireless. MobilePro Corp. pulled out of its Sacramento, Calif., deal when the city insisted that the company offer a free service, believing ads wouldn't generate enough money. But Annapolis Wireless Internet says switching to a free model...
...cloudless afternoon early last fall, Honda CEO Takeo Fukui stood by his company's test track outside Tokyo and watched a group of journalists take the company's environmental future for a spin. After test-driving Honda's multimillion-dollar hydrogen-fuel-cell concept car--very, very carefully--I sat down with Fukui to talk about his company's big bet on clean automobiles. As a young engineer in 1972, Fukui designed the first engine capable of meeting the 1970 Clean Air Act's emission standards without a costly catalytic converter, making Honda one of the first car companies...
...engineered to last up to five years. The cost to manufacture, ship and distribute each net is $10. A new generation of medicines based on artemisinin, an extract from a traditional Chinese herbal remedy, is remarkably effective in treating cases of the disease, at a cost of about a dollar per treatment...
...these solutions still aren't reaching the vast proportion of Africans in need. Hard as it is for us to imagine, Africa's households simply can't afford even $10 for a net, or a dollar for medicines when a child falls sick. Nor can African governments carry these costs on meager budgets or take extra vital steps to train local health workers and ensure that every village has reliable access to effective medicines...
...Unfortunately, it's hard to feel sorry for Miami, just as it's hard to shed tears for any community that indulges the cynical, multimillion-dollar whims of professional sports the way Americans do. When I moved here eight years ago, my mortgage broker spent less time explaining 30-year fixed rates than he did showing me all the autographed pictures of his Dolphin player clients - and his customer appreciation gift was a certificate to the steakhouse of legendary Dolphin coach Don Shula, where you order off menus inscribed on footballs. That kind of blind fan ardor lets franchises like...