Word: luxembourger
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Dates: during 2000-2009
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...fourth largest producer in the world, most Americans are still uncomfortable with wine. The nation ranks No. 34 internationally in terms of per capita consumption. The French, No. 2, drink more than six times as much, according to Adams Beverage Group, an industry research group. (Natives of tiny Luxembourg top the list.) MacNeil, 50, who has been writing about wine for 25 years, says the U.S. is still developing its own approach to wine. "We aren't France, with its cafés where you hang out and sip wine. Nor do we like the rather pedantic British approach to wine...
...international donors forced Arafat to sign over his investments to the Palestine Investment Fund, which was audited by U.S. accountants and managed by Palestinian Finance Minister Salam Fayyad, a former International Monetary Fund official. After scouring corporations throughout the Arab world and bank accounts in the Cayman Islands and Luxembourg, the auditors identified $800 million, which has been made a part of the Palestinian Authority's official budget. "It's the most successful financial reform in the Arab world," says Jim Prince, president of the Los Angeles--based Democracy Council and head of the audit team...
...Thus mergers have proliferated: Luxembourg-based Arcelor, currently the world's largest steel producer, was formed in 2002 through the merger of steel companies in Luxembourg, Spain and France. Corus emerged from the 1999 union of British Steel and Dutch firm Hoogovens. In order for steelmakers to wield sufficient clout, notes Tommy Trask, an analyst at Standard & Poor's, steel "needs to be as consolidated as the iron-ore suppliers or the end customers." Both Mittal and Wilbur Ross, the former investment banker and distressed investment specialist who helped create ISG, envisage a future where steel is dominated...
Harvard’s colossal endowment just got super-sized, by a cool 21.1 percent. This brings the University’s coffers to $22.6 billion, dwarfing the 2002 Gross Domestic Products of such financially sluggish countries as Luxembourg, Bolivia and Cambodia.Most of us will never have so much money in our lifetimes (though for some budding entrepreneurs it’s not out of the question). In fact, in 2004, Johnny Harvard would only rank as the fourth richest person in the world, according to Forbes—right ahead of Microsoft co-founder Paul Allen (20 billion...
...Athens Games had two tremendous difficulties to overcome: having a small country as host and occurring after 9/11. But both were surmounted. The Games were splendid, they were majestic, they were magic. We Greeks were hospitable, we were proud and, most of all, we had fun. Chryssanthi Papageorgopoulos Luxembourg City...