Word: one-fourth
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...miscued. In hindsight, eastern Germany's economic wellbeing was sabotaged at the very beginning of the reunification process by the political decision to exchange its currency for West German marks at the rate of one-to-one. Haimann, of the Halle Chamber of Commerce, thinks that was a crucial error. The true value of the old East German mark was just one-fourth or one-fifth of the West German currency, so when it was swapped in 1990 at parity, the competitiveness of the local economy took a nosedive - compounded by a quick doubling of wages in the east following...
...announced it earned $3.02 billion in the three months ended April 30, about equal to the profit it made in the same period in 2008. Revenue fell 0.6% to $93.47 billion from $94.04 billion a year earlier. Highlighting the growing importance of markets such as India, nearly one-fourth of Wal-Mart's sales for the quarter - 22.7% - came from its international division...
These days, Republicans have the desperate aura of an endangered species. They lost Congress, then the White House; more recently, they lost a slam-dunk House election in a conservative New York district, then Senator Arlen Specter. Polls suggest that only one-fourth of the electorate considers itself Republican, that independents are trending Democratic and that as few as five states have solid Republican pluralities. And the electorate is getting less white, less rural, less Christian - in short, less demographically Republican. GOP officials who completely controlled Washington three years ago are vowing to "regain our status as a national party...
Republican party •approval of less than one-fourth of Americans of, and identification with of one-fifth of Americans...
...sits in a Phnom Penh courtroom, watching his own fate unfold. Some might say that the actions of an evil but long-gone Cambodian regime 30 years ago have little bearing on the world of today. But the Khmer Rouge’s brutal genocide, which eliminated about one-fourth of Cambodia’s population, deserves to be prosecuted accordingly. Even though Duch himself cannot possibly account for more than a small fraction of Khmer Rouge atrocities, it is important to recognize the regime’s crimes on an individual basis through international law. While the 10 years...