Word: riche
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Dates: during 2000-2009
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...boutique chain's two European properties (the other is in Barcelona), W Istanbul is a curious mix of bling - crystals and ambient pink lighting feature heavily - and classic Ottoman design elements such as sleek marble hammam-style bathrooms and colors of rich chocolate, cream and dark red. (See 25 authentic Asian experiences...
...This Guatemalan delight is a blend of 6- to 23-year-old rums, which are distilled from the honey-like first press of the sugarcane. (Many other producers use molasses, the tarry end product of the sugarmaking process.) Take a sip and your taste buds will be swaddled in rich caramel, fig and tobacco notes. Visit ronesdeguatemala.com for more information. (See 50 essential travel tips...
...loans. The rush to Dubai has left Citi on the hook for billions of dollars of losses in the financially troubled gulf state. According to research firm Creditsights, Citi has made an estimated $5.9 billion in loans in the U.A.E., which includes Dubai as well as its oil-rich neighbor Abu Dhabi. Of that, $1.9 billion was made to Dubai World. In the end, it might not lose that much. On Monday, Abu Dhabi said it would provide $10 billion in financing to help Dubai pay off its debts. And Citi says that "although we do not comment on individual...
...government, Citi helped arrange an $8 billion loan for Dubai's state-linked companies. It's unclear how much of the loan Citi held onto. By that time, Citi's own research staff had begun to issue warnings that Dubai was the most vulnerable economy in the oil-rich gulf because of its exposure to real estate and debt. Nonetheless, Win Bischoff, who was Citi's chairman, said at the time of the financing, "This is in line with our commitment to the [U.A.E.] in general, and reflects our positive outlook on Dubai in general...
...bizarre early history of planned weight loss makes recent fad diets seem enlightened by comparison. The Atkins diet, a modern-day Banting plan that has eaters eschew carbs in favor of protein-rich meals, was written in 1972 and became in later years a weight-loss plan favored by millions. (Critics say it can also cause high cholesterol and bad breath.) Its success spawned imitators like the popular South Beach diet, a more lenient version that invokes the same low-sugar principle. But other modern diets remain pretty far-fetched. One example is the cabbage-soup diet, which promises that...