Word: peak
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Dates: during 2000-2009
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...market is both narrow and extremely volatile: imports rose sharply in the second half of the 1990s, only to crash back down again. Despite signs of a recent recovery, sales of French wines in China in 2005 totaled just over $13 million, down from the $20 million peak in 1997. Part of the problem stems from bureaucratic hurdles for importers and heavy import duties that account for 60% of the price of the bottle. "There are still immense difficulties importing wine into China," says Alun Griffiths, wine director at Berry Bros. & Rudd, the big U.K. wine merchant. So will...
They landed on sulfur island--Iwo Jima to the Japanese army that held it--on Feb. 19, 1945. On the fifth day of the death slog (the battle would rage for another five weeks), U.S. troops had commandeered enough of the island to reach the peak of Mount Suribachi. "Put a flag up there," one officer advised, and a few men did. But some bigwig wanted it as a souvenir, so six other men planted a second pole and raised the Stars and Stripes one more time. That was the tableau captured by photographer Joe Rosenthal--the one that told...
...hard data and macrovariables, but our new employee pamphlets told us that investment banking is really all about people...people investing in banks. Mankiw talks a big game, but we doubt he’s ever wiped down an ATM after hours. And here’s a sneak peak of the future that not even Amartya Sen can provide: it really is full of pneumatic tubes and you’ll never have to leave your car to do investment banking again. As the summer went on, the negative stereotypes that we had formed at Harvard continued to crumble...
...base camp when Japanese climb Mount Fuji. One of Japan's most revered natural wonders, the 3,776-m mountain may also be one of its dirtiest. The 200,000 or so visitors who climb Mount Fuji every high season leave behind panoramic piles of refuse on the peak, while overworked toilets along the climbing trail overflow with excrement...
...another winless Ivy League season. “Honestly, we’re feeling great,” junior co-captain Laura Mahon said. “We’ve learned a lot from our losses from the past few matches, and we’re ready to peak at this point.” Harvard’s preseason has been a manifestation of how much the team has changed. The Crimson’s defense—one of its weaknesses last year—has allowed it to win close games and rally from big deficits...