Word: markets
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Dates: during 2000-2009
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...announced that the Reserve Bank of India had bought 200 tons of IMF gold reserves, the biggest single purchase by a central bank in 30 years. That pushed the price of gold past $1,100 an ounce, the latest record breaker in a string of new highs, as the market anticipated gold buying by other central banks to hedge against a falling dollar...
...past 20 years or more, Japan has successfully sold its superinfectious brand of pop music in other Asian markets. Now the South Koreans want to follow suit. The vocalist Rain - among the TIME 100 in 2006 - remains the international face of K-pop, but a host of other artists are eager to follow in his wake. Their appeal to Western audiences remains niche - Rain himself has struggled to make an impression in the U.S., despite a ton of MTV appearances and onstage backup from the likes of Omarion and Diddy. That leaves Japan as the prime foreign market...
...hand with an offer that the auctioneer weaves into his mantra: "4-5, 4-5, 4-5." That's 4,500 yen - about $50 - one of many offers made for every kilo of the frozen fish on the block that morning. At Tsukiji, the world's most famous fish market, tuna are sold at prices equivalent to Ivy League educations. In one of hundreds of stalls, wholesaler Keisuke Morishima dismantles a fresh 271-lb. (123 kg) bluefin snared off Oma, a small Japanese town. Bluefin can live for decades, growing more than 10 ft. (3 m) long, weighing...
...material is mostly skipjack, a small, unglamorous tuna that makes up about 60% of the world's tuna catch. Of the main commercial species, bluefin, yellowfin and bigeye tuna are primarily sold to the sashimi market; skipjack and albacore land in cans. Over half the skipjack caught each year come from the waters in the western and central Pacific, and while skipjack in the region are officially plentiful, according to the Western and Central Pacific Fisheries Commission (WCPFC) that keeps track of them, talk to anyone in General Santos and you'll hear otherwise. Supplies of fresh, local skipjack dropped...
...people associated with a Mexican drug cartel in a two-day crackdown that spanned 38 U.S. cities. The arrests, part of a four-year operation known as Project Coronado, focused on the newest of Mexico's five major drug cartels, La Familia--now the dominant player in the U.S. market for Mexican methamphetamines. So far, more than 1,200 people have been arrested through the Project Coronado effort...