Word: richer
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...traditionally shunned older consumers, preferring to aim their pitches at a younger audience it hopes to groom into lifelong customers. But Tim Bull, Saga's group marketing director, says mature consumers are just as eager to buy as youngsters, though they are savvier and more discerning. They are also richer - much richer. "They control 80% of the nation's wealth and they're very happy to spend it," says Fiona Hought, managing director of Millennium, a British ad agency that specializes in selling to oldsters...
...largest life-insurance company, China Life, which trades in Shanghai, Hong Kong and New York. On Jan. 31, China Life shares had a price/earnings ratio of around 70 (a stock's P/E ratio measures the amount investors are paying for every dollar of per-share earnings). That's a richer multiple than investors are shelling out for fast-growing Google, the investing world's flashiest Internet phenomenon. Nor are high prices confined to just a few Chinese stocks. Webb estimates the average P/E for so-called "A" shares (stocks available to mainland investors on China's Shanghai and Shenzhen bourses...
...life-insurance company, China Life, which trades in Shanghai, Hong Kong and New York City. On Jan. 31, its shares had a price-earnings ratio of around 70 (a stock's P/E ratio shows the amount investors are paying for each dollar of per-share earnings). That's a richer multiple than investors are shelling out for fast-growing Google...
...those purchased outside the workplace, where growing numbers of Americans seek coverage. But Bush would offset these new deductions by taxing employer-provided benefits above that $15,000 (or $7,500) level. The White House guesses that in the first year 30 million people (whose employer plans are richer than the deduction) would see their taxes rise as a result, while 100 million would see their taxes reduced. Yet here's the trick: these numbers would reverse over the next decade, because the value of the deductions will be indexed to rise only with inflation, while health premiums, rising faster...
...economist Paul Collier and his collaborators argue that economics is a large part of the story. Surveying more than 70 civil war outbreaks since the 1960s, they show that poor countries--with low per capita incomes and low growth rates--were significantly more likely to suffer civil war than richer countries. Put simply, it's easier to recruit people to rebel armies when the alternative to grinding axes is grinding poverty. At the same time, countries that rely heavily on exports of primary products (such as oil and diamonds) are prone to civil war because such commodities are easily appropriated...