Word: riches
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...integration being advocated by Sarkozy is not exactly selfless, however; it's entirely compatible with advancing France's economic interests and its waning political influence across the continent. The DRC, which is the size of Western Europe and is the world's largest French-speaking nation, is also fantastically rich in resources, and could logically be expected to partner with France when restored stability allows economic and industrial development to begin in earnest. Exchanges between the two countries now stand at a modest $250 million per year; but that might be boosted as a result of a trip on which...
...higher percentage of this year's applicant pool than last year's. But reflecting "the demands of financial aid," says Bates, they make up only 24% of the admitted pool this year, in contrast to 28% last year. "You've always been in an advantaged position to be rich and smart," says Morton Schapiro, a higher-education economist and the president of Williams College, which does not consider financial need in admissions. "Now you're at an even greater advantage." If so, then you can chalk up one more casualty of the financial crisis: diversity on campus...
...same goes for our individual senses of lifestyle entitlement. During the perma-'80s, way too many of us were operating, consciously or not, with a dreamy gold-rush vision of getting rich the day after tomorrow and then cruising along as members of an impossibly large leisure class. (That was always the yuppie dream: an aristocratic life achieved meritocratically.) Now that our age of self-enchantment has ended, however, each of us, gobsmacked and reality-checked by the new circumstances, is recalibrating expectations for the timing and scale of our particular version of the Good Life. Which, of course, fuels...
...main culprits are not hard to divine. As households in the rich world, battered by a collapse in the values of their assets, start saving again, their appetite for new cars and consumer electronics has diminished. And as banks try to rebuild their shattered balance sheets, capital that would once have been used to finance trade is staying in their vaults...
...Brown says, the key issues that the world faces today cannot be dealt with by rich nations acting alone. That is as true of the regulation of global financial markets as it is of the relief of poverty. Climate change cannot be tackled by any one nation, or any group of nations, however rich and powerful they may be; any solution that does not include within its policy parameters India and China is worthless. (Read TIME's special report on The G-20, including an interview with Gordon Brown...