Word: rich
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Dates: during 2000-2009
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This is - there's really no denying it, although Geithner has tried - yet another giveaway to the rich and well connected. Then again, it's supposed to be. Luring smart, informed investors, who've been on the sidelines, into currently dysfunctional markets for mortgages and mortgage securities is the whole point. Some amount of wheel-greasing subsidy is needed - and the question of whether the plan offers too much is pretty much unanswerable. It will be easy to tell if it offers too little: no one will participate...
...appointment way back in 1996, Manuel has steered his country from near bankruptcy to steady growth. There's a long way to go. Around one-third of South Africans still live on $2 a day or less. At the same time, Manuel has also helped transform how the rich world views the poor one. Globalization has given new status to places like Brazil, China, India, Russia and South Africa, but the institutions that manage the global economy - the U.N., the World Bank, the International Monetary Fund - still reflect the world as it was at the end of World...
...were a doctor and your patient had major cardiovascular and lung problems, prescribing an aspirin ... might make him feel better, but would it solve the problem?" At the G-20, the developing world will look to Manuel to speak for them, as he often does. The humbled leaders of rich nations are likely to listen. "There's not a single finance minister in the rich world today that will not take a call from Trevor Manuel," says Pippa Green, author of the Manuel biography Choice, Not Fate...
...city's best jazz musicians. Part township tour, part music- and social-history crash course, and part intimate jam session, the four-hour Cape Town Jazz Safari, developed by a local outfit called Coffeebeans Routes, aims to overcome the city's notorious social fragmentation by making its rich cultural diversity more accessible. (See 10 things to do in Chicago...
...meat, dairy, eggs or any other animal products, he developed a slew of complex, flavorful dishes for a menu that changes depending on what's in season and incorporates influences from Spain, India, Thailand and elsewhere. With charmoula (North African-style) grilled portobello mushroom, maple-glazed smoked tempeh, various rich curries and inventive salads, he has proven that he can take what die-hard carnivores sarcastically term "rabbit food" and turn it into the kind of meal that lingers long in the memory...