Word: excessive
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Dates: during 2000-2009
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...windfall from commodity exports--prices for Argentine products like soybeans have hit all-time highs in recent years--Argentina replenished its foreign reserves (a record $44 billion today), pared debt and built a strong fiscal surplus. "Overspending and overindebtedness caused the crisis," says Redrado, noting that much of that excess occurred, ironically, during the more market-oriented government of President Carlos Menem in the 1990s. "This is no longer a policy of the right or the left. It is common sense...
...sure, SIA's government backing does not translate into obvious excess. The airline's headquarters is located in a drab industrial building on Changi Airport's grounds. Its furniture looks worn enough to date to the airline's launch (and an orange color scheme reveals its 1970s sensibilities). A few years ago, data-processing operations were moved to Bombay, India, for the cost savings...
...agent fees. Passengers pay for their food and drinks. When a professional aviation-construction outfit demanded $20 million to build a hangar at Kuala Lumpur's airport, Fernandes instead asked the small contractor who had built his home to do it for $500,000. "There is a lot of excess in the airline industry," he says. "The challenge is to change the mind-set of staff so they eat, sleep and breathe costs...
...These celebrities and politicians justify their unnecessary consumption by purchasing carbon credits, which many of the nouveau-conscious acquire in order to offset their excessive energy usage. Carbon credits were established by the Kyoto Protocol, which established limits on carbon emissions for most countries (incidentally the United States has still not signed this agreement even though it is the world’s largest emitter of greenhouse gases). Countries and companies who fall below their established limits are free to trade their credits in the global emissions market to other parties—including individuals—who have exceeded...
...Fersen (male model Jamie Dornan) and his lustful looks. 7. A shot for Antoinette’s herbal excursions—outside in a circle, her tentative inhalation, a stifled cough, a sly grin, and giggle. 8. Cheers and au revoir at the end: To youth, to carelessness, to excess, and naiveté. Death rears its ugly head for Antoinette and the French Revolution takes hold. Alas, youth is transitory, and…isn’t that investment banking application due next week...