Word: profits
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...every year. Washington uses taxpayer money to guarantee American farmers a price--currently about 72¢ per lb.--whether it rains or bakes and no matter what happens on the world market. By contrast, in 2003, when Mali's cotton farmers earned 42¢ per lb., Diarra says he made a profit of $480, which he used to buy four cows and send his children to school. In a bad year such as this one, when Diarra expects to make just 32¢ per lb., he will lose money and fall further into debt with the government cotton company...
...billion. With cotton, as with other crops, all those subsidies distort global trade by encouraging U.S. farmers to produce more, which drags down world cotton prices and hurts farmers such as Diarra. "I don't blame the Americans, but I want them to allow me to make a profit," he says, sitting on a broken metal chair with his son Diakaridia, 3, wriggling on his lap. "I want to be able to take care of my family, to be able to feed them, to clothe them and to be independent of anybody...
Flush with success--and with profit margins of 60%--the firm went public on the London Stock Exchange this summer. The June 27 IPO, which valued PartyPoker at $10 billion, was Britain's biggest this year. Bhargava shared the pot with two other reclusive co-owners: a Net pornographer named Ruth Parasol, who switched from carnality to cards in the late 1990s, and Anurag Dikshit, an Indian software whiz whom Bhargava met when both were students at the Indian Institute of Technology in Delhi. They are not three of a kind, but they did cash out about one-fifth...
...every year. Washington uses taxpayer money to guarantee American farmers a price?currently about 72? per lb.?whether it rains or bakes and no matter what happens on the world market. By contrast, in 2003, when Mali's cotton farmers earned 42? per lb., Diarra says he made a profit of $480, which he used to buy four cows and send his children to school. In a bad year such as this one, when Diarra expects to make just 32? per lb., he will lose money and fall further into debt with the government cotton company...
...billion. With cotton, as with other crops, all those subsidies distort global trade by encouraging U.S. farmers to produce more, which drags down world cotton prices and hurts farmers such as Diarra. "I don't blame the Americans, but I want them to allow me to make a profit," he says, sitting on a broken metal chair with his 3-year-old son Diakaridia wriggling on his lap. "I want to be able to take care of my family, to be able to feed them, to clothe them and to be independent of anybody...