Word: milked
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Dates: during 2000-2009
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...commodities-- the bane of almost every Latin economy. Argentina, which has one of the region's more skilled workforces, recently passed a biotechnology-promotion law to channel incentives to biotech firms. One, Bio Sidus, with $40 million in annual sales, is pioneering an affordable human-growth hormone from the milk of genetically modified calves cloned 60 miles (97 km) from Buenos Aires. "Our traditional cattle-ranching experience gives us a big advantage," says Bio Sidus president Marcelo Argüelles. "But our biggest challenge is obtaining financing at international rates...
Cost of the world's most expensive dessert. Made of milk, cocoa, 5 g of 24-karat gold, gold-flecked whipped cream and shavings from a rare chocolate truffle, it's available at New York City's Serendipity 3, which has yet to sell...
Back in Austria, he abandoned plans to earn a doctorate, joined Findus and was soon posted to Chile. President Salvador Allende was then in power trying to implement his "Chilean road to socialism," and Brabeck recalls spending much of his time trying to dissuade government officials from nationalizing milk production. He also had to deal with militant labor officials on the factory floor who could bring operations to a standstill...
...Cuban exhibitors needed refrigerators for their shrimp. Brabeck lent them some. When the fair opened, Castro came over with a box of smokes to say thank you. But the Cuban leader's biggest gift, Brabeck says, was to warn Allende of the problems Cuba had encountered when it nationalized milk. That gave Nestle valuable breathing space...
...separate company, Alcon, with its own stock-market listing. Nestle's most futuristic business, an attempt to develop nutritional supplements that enhance beauty, is being pursued as a joint venture with L'Oreal. But Nestle's national organizations still manufacture much of what they sell locally, controlling the chocolate, milk and most other products they sell in their countries...