Word: marketization
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Dates: during 1990-1999
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...said an official who saw him afterward. "Had it been the 40 schoolchildren, it would have been the end of the peace process as we know it." A Hamas splinter group, Islamic Jihad, made another go at that goal late last week, sending two bombers into a crowded market in Jewish West Jerusalem. The attack went awry when they lost control of their car and it exploded, killing the two and injuring at least 21 bystanders...
...Mount. He's so driven and detail oriented that he favors baths over showers so he can study while he soaks. Besides, it's hard to imagine the lackadaisical Gates of the video taking Microsoft from three employees and $16,005 in revenues in 1975 to a market cap of $263 billion today...
...federal water surges toward their fields, the farmers generate hydroelectric power with it, which they then sell at market rates and pocket the profit. In Washington State, farmers in the Columbia Basin have built seven such plants, which now generate about 500 million kilowatt-hours of electricity annually, enough to supply power to 50,000 American homes for a year. The electricity is sold to the cities of Seattle and Tacoma and so far has produced nearly $10 million in income since the first plant went on line...
...former Reclamation Bureau official, the arrangement symbolizes much of what has gone wrong with federal policy on water rights. "This is an absurdity on top of an absurdity," says Doe. "First they get water at a bargain, then they use it to generate power, which they sell at market rates. That money belongs to us, the taxpayers...
...would you like to get the Federal Government to invest with you in a hot new business in the global market? Say a company that manufactures cotton and coffee in Argentina? Or a company that manufactures vans for the local jitney service in South Africa? Or a soft-drink company in Russia? For every buck you put up, the government, in the form of something called the Overseas Private Investment Corporation (OPIC), puts up two bucks. Best of all, if the deal goes sour because of a crumbling economy, currency devaluation or some other unforeseen event, you won't have...