Word: giant
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Dates: during 2000-2009
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...much is actually spent? In the U.S., about $65 billion a year is spent on holiday gifts. There's been this giant [holiday season] bump in retail sales in the U.S. going as far back as statistics are available, back to the 1920s and '30s. In fact, as a share of the size of the economy, the spending has gotten smaller over time. Our fathers' and grandfathers' Christmases were a bigger deal than ours...
...dire predictions about the world's depleting fossil fuels are in fact known to those closest to the oil wells: oil executives. Yves-Louis Darricarrère, global chief of exploration and production for the French energy giant Total, told TIME last week that the world has "oil reserves of about 40 years at current demands." "It is not so easy to supply the world," Darricarrère said in an interview in south Yemen, where the company just opened a liquefied natural-gas plant. "We will reach a plateau and start to decline." He said that expanding access...
...Lloyd Blankfein said at a breakfast put on by FORTUNE. "Once the economy starts to turn, we get very involved." In a discussion about morality and markets at St. Paul's Cathedral in London, Goldman Sachs International vice chairman Brian Griffiths, a former adviser to Margaret Thatcher, described giant paychecks for bankers as an economic necessity. "We have to tolerate the inequality as a way to achieve greater prosperity and opportunity for all," he said...
...Even in the capital, Sanaa, there were high-profile killings of foreigners earlier this year and a suicide attack against the U.S. embassy in 2008. When executives from the French energy giant Total, which built the new Balhaf gas plant, decided to go sightseeing in Sanaa's ancient quarter after the ceremony on Nov. 7, they drove through the city in a police-led convoy...
...time when SBY hopes to attract $200 billion in foreign capital each year to improve the country's crumbling infrastructure, any delays in resolving this latest scandal could prove a serious setback. Anger is mounting toward those believed to be above the law (a giant poster of businessman Anggodo in a police uniform carried at the rally summed feelings up nicely) and is motivating people to take to the streets. "In terms of numbers the protests won't be like 1998 against [former President] Suharto but in terms of pressure it could get just as big," says Eep Saefulloh Fatah...