Word: ernst
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Dates: during 2000-2009
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...their extra income for things like recreation and education, not daily sustenance. This relationship between food and income--as you get rich, you spend proportionately less to eat--has held so strongly over so many generations that economists have given it a name: Engel's law (for Ernst Engel, a 19th century statistician). The foodie revolution that began in the '70s--arugula over iceberg, short ribs over brisket, etc.--has challenged Engel's law among élites who will pay, say, $80 for a single pound of Nantucket Wild Gourmet cold-smoked salmon. But finding impossibly tender...
...East in 2005, and more from the Gulf of Guinea than from Saudi Arabia and Kuwait combined. Nigeria, the giant of the region, supplies 10-12% of U.S. oil imports. "There's a huge boom across the region," says Erik Watremez, a Gabon-based oil and gas specialist for Ernst & Young. "Exploration, drilling, rigs, pipes. It's exploding." Ann Pickard, Shell's regional executive vice president for Africa, agrees: "The Gulf of Guinea is an increasingly important place...
...jewelry, liqueurs, TVs, dvds, fridges, children's toys and mobile phones," says André Boussougou, 40. His specialty is aluminum, which he sorts and sells to a pot manufacturer, and leather, which he hawks to a dealer who exports to Europe. "It's really two worlds in Gabon," says Ernst & Young's Watremez. "Rich, poor. There's nothing in the middle...
...plot moves along, the realities of German life outside the Kit Kat Klub become more apparent, and the second act is accordingly much grimmer. Aspiring politician Ernst Ludwig (Daniel V. Kroop ’10) becomes the face of the growing Nazi party; as he rises, both the relationships that developed in the first act fall apart...
...advocates also say it strengthens regulations when warranted. Ernst & Young's index of AIM's oil and gas companies - around 7% of AIM's list - slid by 6% in 2006, a lingering reverberation from a series of shock announcements from energy firms that their reserves were dry. Last year the LSE began requesting such firms submit independent annual reports on their reserves...