Word: riche
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...fine, particularly overseas. After all, wealthy folks still have Valentine's Day and wedding gifts to buy. Luxury retailers without an international presence are the ones struggling. "Tiffany's end results were pretty good because they don't only sell to clients looking for affordable luxury but to very rich customers who are not necessarily impacted by the U.S. dollar," says Dave Sievers, retail practice leader at Archstone Consulting. He foresees luxury spending stabilizing or even increasing as 2008 progresses. For this fiscal year, Tiffany predicts at least a 10% growth in worldwide net sales...
...complete set of Armani skin-care products and makeup for use after treatment. The initial foot bath, a Japanese tradition, features the famous Pantelleria-inspired mud. The massage menu includes the 3-hour-long Armani Ceremony, during which, instead of using traditional oil, a therapist uses Armani's rich Crema Nera, which is also based on ingredients from Pantelleria...
...reality is that some developing countries spend as little as $30 a year per person in health care costs; the rich world spends thousands. For patients in low- and middle-income countries, meaningful costs also include the cost of taking time off work to take the test, then traveling back to the clinic for the results. For those reasons, the World Health Organization's current guidelines for assessing cardiovascular disease risk where lab resources are scarce have already dropped the cholesterol testing...
...working on the assumption that the Saudis and other allies could quietly increase production unilaterally, and relieve pressure on prices. After all, OPEC output quotas are hardly effectively policed. But analysts believe that assumption may be false. Priddy believes Americans might be unfairly pinning the blame on oil-rich countries. "They want to find someone to blame and Gulf countries aren't popular to begin with," he says. But producers are contending with rising production costs, while extracting oil has become more difficult as land-based wells with plentiful reserves have been depleted in many places, leaving expensive, complicated deep...
...futures as a hedge against the falling dollar - and so driving up oil prices even more.) The major reason for the current high prices is that OPEC's production has been seriously stretched by the huge increase in demands from booming China and India, as well as from oil-rich countries in the Middle East itself, says Lawrence Eagles, chief economist of the Paris-based International Energy Agency, the watchdog for oil-consuming countries like the United States and those in the European Union. "Most OPEC members are working close to flat-out," he says. "There is little spare capacity...