Word: firsthand
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Western businesses are investing with eyes wide open. "The politics do concern us," says Grant Winterton, Coca-Cola's regional manager for Russia, Ukraine and Belarus. The beverage titan knows the risks firsthand. Coca-Cola invested $800 million in the 1990s to build 11 plants in Russia and an extensive distribution system. The company's fortunes took a severe knock in 1998 when Russia was hit by a debt crisis and a massive devaluation of its currency. But since then, Coca-Cola's Russian operations have grown back to profitability, Winterton says, and it has half of Russia...
...fact, Botero knows tragedy firsthand, provided by both his country and his family life. Colombians call their most famous artist El Maestro, and he returns their affection. He's donated hundreds of his paintings and sculptures to museums in Bogotá and Medellín, as well as his entire personal collection of modern art, including works by Chagall, Matisse, Picasso and others he has purchased over the years. "As soon as [the donations] were made official, my father would walk through the streets and people would throw themselves at him," says his son, Juan Carlos Botero...
...after experiencing firsthand how college students can change a community, residents maintain that placing undergraduates anywhere closer to the heart of their neighborhood would be unacceptable...
Students at the College can even appreciate his contributions firsthand when they pass the Malkin Athletic Center—diminutively known as “The MAC”— on the way to the river...
Having witnessed such a cataclysmic event firsthand, he says that receiving the Pulitzer was comparably an “anticlimax...