Word: lavishly
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...There's an obvious explanation why Hong Kong is suddenly terroir cognito in the wine world. The global recession has gutted the portfolios of wealthy Western investors who are cutting back on their lavish purchases, including spending on vintage wine. Not so for Chinese investors. China's economy has suffered less and bounced back faster from the financial crisis than the economies of the U.S and U.K. At the Sotheby's auction, a six-Liter bottle of 1982 Chateau Petrus Imperial - described as having a sweet leather taste and a pruney finish - was gaveled off to a mainland Chinese bidder...
Beyond the lavish palaces of the last Shah in north Tehran, beyond the sweeping Enqelab (or Revolution) Street, which cuts through the city center, and even beyond the southern outskirts of the city's rambling tenements, looms the Islamic Republic's most notable landmark: the $2 billion tomb of its founder, Ayatullah Ruhollah Khomeini. Though situated on a desolate piece of desert convenient only if you're headed to the international airport, the enormous scaffolding-enclosed shrine, still under construction 20 years after the Supreme Leader's death, is an essential part of the pilgrimage for devout Iranian Shi'ites...
Even in the current economic gloom, bankers have been loath to part with one massive perk of their jobs - the lavish bonus. Not surprisingly, this rankles everyday people greatly as they struggle to rebound from the turmoil of the past year...
...figure was significantly under budget, according to Bhatt). Morin said money had been set aside for the project before the financial crisis hit. Despite the financial constraints of recent months, the committee did not want to delay the project—even if it meant keeping embellishments less than lavish, Bhatt said.“There was a huge amount of pressure to keep expenses extremely low, so...it’s not as comfy-loungey as some may expect it to be,” said Bhatt, who added that the designers had originally intended to install hardwood floors...
...their customers. Under the bill as it is currently written, that tax would kick in on plans that cost more than $8,000 for individuals and $21,000 for families. Health-policy experts say an excise tax could help curb health spending overall by discouraging the purchase of lavish plans that lead to overuse of the health-care system. The levy would also raise $215 billion over the next decade - or about one-quarter of the cost of the bill. (Watch TIME's video "Uninsured Again...