Word: importances
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Dates: during 2000-2009
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...than in the U.S., capital gains are tax free, and the dollar's value against the local currency, the colon, has enjoyed a steady upward trajectory that keeps pace with the increase in the cost of living. On the other hand, sales tax is a steep 13%, and heavy import duties are levied on some assets, like cars. Complicating many financial transactions is the Costa Rican banking system: waiting for a check to clear requires extreme patience...
Sometimes innovators don't even recognize the true import of their findings. In 1660s Germany, Magdeburg Mayor Otto von Guericke tries to solve the riddle of a compass needle that doesn't always point (as people thought it should) at the Pole Star. He rubs a model of the earth made of sulfur in order to attract his experimental compass needle. The rubbing produces a noise and a spark (which Guericke mentions in a casual footnote) that turns out to have been electricity...
...still estimated at more than $11 billion.) The techno-tycoons are admired because they have earned fortunes in one of the world's most competitive industries without any under-the-counter help from Indian bureaucrats. In the early 1990s, in fact, the software lobby got the government to remove import duties intended to protect local firms from software products sold in India by Western companies. "We said that if we can't compete with multinationals in India, how will we ever be able to compete outside," says NASSCOM's Mehta. It was a winning strategy. The Software Engineering Institute...
...That's a scold that many in Gore's audience, 20 days after the election, are apt to take personally. Monday night, Gore got in at 8:55 and out in time for Americans' precious 9 o'clock shows. But the import of his address - an address suspiciously bereft of comforting spin nuggets like "days not weeks" - was one that he'll have to fight this week and longer to support...
...still estimated at more than $11 billion.) The techno-tycoons are admired because they have earned fortunes in one of the world's most competitive industries without any under-the-counter help from Indian bureaucrats. In the early 1990s, in fact, the software lobby got the government to remove import duties intended to protect local firms from software products sold in India by Western companies. "We said that if we can't compete with multinationals in India, how will we ever be able to compete outside," says NASSCOM's Mehta. It was a winning strategy. The Software Engineering Institute...