Word: nouveaux
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...gaffes are not part of any grand strategy. Most likely they are spontaneous, the result of nouveaux-riches insecurities, fermented in self-esteem and turned into cockiness. Proud of his achievements - first real estate, then television and soccer, finally politics - the man thinks he can say what he likes, when he likes to whomever he likes. (See 10 things to do in Rome...
...Founded in Amsterdam in 2002 by Dutch entrepreneur Yves Gijrath, the Millionaire Fair holds shows around the world. But thanks to booming oil prices and Russia's nouveaux riches, the Moscow event had become the jewel in the crown. No wonder. According to the 2008 World Wealth Report by Merrill Lynch and Capgemini, Russia is home to one of the world's fastest-growing populations of millionaires. Last year the number of Russian "high net-worth individuals" (people with a worth of more than $1 million, excluding their primary residence) reached 136,000, a 14% rise over...
...demand: almost 500,000 new cars are expected to be sold this year. (Why not, with gas at 12˘ a gal.?) But the bolívar is sharply overvalued, inflation is the highest in Latin America, and even Chávez fears that his "21st century socialists" are living like capitalist nouveaux riches, the so-called boli-bourgeoisie...
...fossil collecting becomes the next big thing for China's nouveaux riches and even Hollywood leading men - Leonardo DiCaprio and Nicolas Cage reportedly recently got into a bidding war over the remains of a $276,000 Asian T-rex - the paleontological paradise of Chaoyang is under threat. Farmers and dealers are hard at work disturbing potentially valuable sites in the race to find specimens to sell. In a cornfield outside of town, farmers have sliced open an entire hill. Layers of earth, each covering deposits millions of years old, protrude naked, leaving only broken slabs of rock. Along the road...
...That sentiment seems to be shared by many of the region's nouveaux riches, who have flocked to build summer mansions along the region's lakes. Indeed, with basic infrastructure failing to even come close to keeping pace with development, the garbage produced by the holiday-makers may pose more of a threat to the environment than does the Mayak nuclear waste. Kabriov drives me to one of the illegal trash dumps that have grown up in the thick trees around Lake Uvil-dui, where a stream of waste runs from the water's edge deep into the forest...