Word: droving
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...vegetable oil or animal fat) was sopped up with rags, wrung out and peddled as a cure for everything from headaches to deafness. Spurred by demand for lamp fuel as whale blubber grew scarce, derricks popped up all over Pennsylvania's oil region in the 1860s--although subsequent overproduction drove prices so far down that at one point, a wooden barrel was worth twice as much as the oil it contained, according to Daniel Yergin's definitive tome on oil, The Prize. But as the oil boom took hold and the barrel size...
...willing to take those kinds of risks because they can be the most rewarding parts of your life,” Buttner said. “When I talk to my grandkids, am I going to say that I covered the 2008 presidential campaign, or that I test drove 10 motorcycles around the country one year...
...Chamber of Commerce. Instead, he peers out at a $138 million construction project at the University of Reykjavik. Iceland, he points out, has been in this situation before. In early 2006, credit agencies criticized Icelandic banks for their lack of transparency and reliance on international capital markets. Analysts' opprobrium drove the krona down by 25% against the dollar over six months. Yet Iceland never defaulted on a single loan, signaling a disconnect between foreign perception and domestic reality. "We learned our lesson: we need to tell our story," says Árni Mathiesen, Iceland's Minister of Finance. "Other people...
Three years later, Ramzi Yousef drove a truck full of explosives into the underground parking garage of the World Trade Center, just as Rescorla had predicted. Afterward, Rescorla had the credibility he needed. Combined with his muscular personality, it was enough to change the culture of Morgan Stanley. (See TIME's photo-essay "The Challenge of Memorializing 9/11...
...bleached airport, Bush was greeted with the Gulf's signature mix of garish oil wealth and tinpot amateurism. A large retinue of royalty watched as a band played an off-key version of the U.S. national anthem. Bush walked through the cavernous air terminal to his motorcade and drove to the monarch's "farm" at al Janadriyah. Through the enormous gates and along alleys of dying shrubs and trees fed by miles of futile drip hoses, he made his way to the King's "villa," a marble-clad, poured concrete palace. Through a foyer with a statue of a cheetah...