Word: dollarized
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Dates: during 2000-2009
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...success of microfinance, however, requires fighting against entrenched orthodoxy. Startup support for a microfinance institution often comes from partnerships with larger banks. These corporations are accustomed to multi-billion dollar deals and must develop confidence in the accumulation of small successes that lie at the heart of microfinance. Additional support requires donors like the Gates Foundation to be convinced that a money-making solution will be effective in alleviating poverty. And the clients must be persuaded to trust a financial services system that has long excluded them...
...jinghu, only breaking his concentration to go to the bathroom or to wash his calloused hands with bottled water. It’s an intense focus that leads some to erroneously conclude that he is blind. He doesn’t even look up when a toddler puts a dollar bill in the empty Kleenex box he keeps on the ground.Most pedestrians rush by, but a few tourists congregate beside him, listening.“I don’t like the sound of it. It’s very freaky,” says Eduardo B. Alonso, a visitor...
...Newbury). Perry’s work is bright, candied, and full of three-dimensional elements such as a field of pink foam cones jutting from the canvas. An odd combination of Richard Hamilton—the early Pop artist—and Chris Ofili, whose million dollar installation in the Tate London has been creating a stir, Perry is one of the most adventurous artists on display.Unfortunately for Beth Swanström, the owner of the gallery, it is often difficult to find an audience for such art in Boston; thus, she is relocating to New York. Other gallery managers...
Killer instinct: that multibillion-dollar deal...
...Such looming legal troubles, along with the fact that Hurricane Katrina decimated his district and scattered his traditional base of supporters, would be enough to sink most politicians. But "Dollar Bill," as his detractors dubbed him years ago, is a fierce campaigner and formidable power broker who has muscled his way out of tight spots before. "There's a question mark on this one right up to the end," said Louisiana political consultant Elliott Stonecipher, of the District 2 race. Jefferson's "historic ability to turn out black votes that others couldn't find or turn...