Word: euros
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Dates: during 2000-2009
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...equities he likes Serbia, Macedonia, Malaysia and the GCC (Gulf Cooperation Council) countries, and he is looking to other frontier markets, including Kazakhstan and Georgia. Pushed to home in on one idea, Leitner says his favorite trade is buying a short-dated Swedish krona call option against the euro. It's a way of playing the next Swedish central bank meeting, he explains...
...Just the opposite - people are delighted," she says. Perhaps this is because Oviedo, unlike glamorous and popular Barcelona is happy to bask in a little international attention. Or it may be, as Ávila notes, because Oviedo's investment in the film so far amounts to "not a single euro...
Value of the euro against the U.S. dollar on July 13, an all-time high...
...1990s after the disastrous acquisition of Britain's Rover Group, but its fortunes have changed markedly since it ditched Rover in 2000. Production has increased steadily, and profits are buoyant. Pretax earnings last year rose 25%, to $5.5 billion, despite the soaring cost of raw materials and the strong euro. It has easily outpaced its historic rival, Mercedes (part of DaimlerChrysler), to become the leading premium-car brand. BMW is pushing a worldwide expansion. This spring it opened an assembly plant in India, and the company is building out a plant in Spartanburg, S.C., as part of its strategy...
Europe's open borders are a strong draw for traffickers, because they allow smugglers to move with relative ease across the Continent, which contains millions of people with money to spend. The strong euro is also a lure. A kilogram of uncut cocaine wholesales for about $40,000 in Spain - roughly double the U.S. price. (In Russia and Norway, one kilogram can fetch up to $120,000.) Divided into street-sized amounts, a kilogram can earn five times those figures. Since moving in on Europe in the mid-'90s, the cartels - overwhelmingly Colombian, but also Venezuelan and Mexican - have hugely...