Word: flushes
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...Meier: From an economic point of view, this came at the worst possible time. The economy was flush, Russia's credit rating was rising, the stock market was the hottest in the world. The White House had forgiven Russia over its opposition to the war in Iraq, and the outlook appeared rosier than it had been for years. The trouble is, in a system where there's no clear definition of private property, a pliable legal infrastructure and weak political institutions, elections are catalysts for crises - they have been since the fall of the Soviet Union...
During the 1970s, creditors like the International Monetary Fund (IMF) and the World Bank were flush with “petrol dollars,” profits generated by the OPEC oil monopoly. In a display of remarkable unrestraint, these creditors pushed questionable loans on developing countries. Prominent among the loan recipients were a cast of unscrupulous dictators who used the easy cash to pad their Swiss bank accounts and repress their own citizens. Selfless leaders like Mubutu of Zaire, Marcos of the Philippines, Suharto of Indonesia, and Idi Amin of Uganda may no longer be in power, but thanks...
Simpsons writer Matt Warburton ’00 was sitting in the audience at the Creative Arts Emmy Awards on Sept. 13 when he felt a sudden flush of nerves. The Emmy nominees for Best Animated Program under one hour were being announced, and as the primary writer of the Simpsons episode nominated in that category, he was feeling tense...
Students returning to Cambridge after the long months of summer have come to expect an array of pleasant novelties waiting for them—from renovated rooms and dining halls to the flush green lawns of the Yard in autumn. This month, though, students were greeted by a stark void in their culinary lives: the Chick-Fil-A franchise, last seen standing proudly in the Science Center’s Greenhouse, silently disappeared from Harvard’s campus some time after Commencement. It will be missed...
...lucrative supplying inexpensive goods and services to an unsatisfied market could be. In 1998, using €6 million in capital from his pharmacy business, he began constructing his Khalifa Group empire that within three years boasted €1.7 billion in annual sales and €200 million in profits. Flush with success and cash at home, Khalifa expanded his domestic airline business to Europe, Africa and the Middle East, and launched European car-rental units. He also indulged his social ambitions by organizing celebrity-studded receptions and junkets to Algeria, sponsoring pro sports teams and founding satellite TV channels based...