Word: riches
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...Russia-Ukraine gas battle in January that left people in some E.U. countries freezing and factories idle. Currently, the E.U. gets more than 40% of its gas imports from just one company: Russia's giant Gazprom. In addition, almost all the gas that comes to Europe from the resource-rich Caspian flows through Gazprom's pipelines. Yet the long-planned Nabucco pipeline - designed to transport Azerbaijani, Turkmen and, maybe one day, Iranian and Iraqi gas to the E.U. through Turkey - is stuck at the planning stage...
...These are the moments when Bachmann’s personal experiences of the war and his mental trauma become beautiful and disturbing without dwelling on the historical, social, or political context. While the latter half of the novel lacks the imagination of the former, it is rich in historical anecdotes, not only about the Germans and Nazis, but also the foreigners who worked alongside them, and what they thought about the war. As Bachmann’s mental state deteriorates, so does the language of novel, and by the end, Lind mires his characters in a bog of metaphors...
...Microsoft's software franchises were over 70%. Then the hyper-growth stopped as the company's market penetration of PCs and servers reached a saturation point. Microsoft's stock never saw the level it hit in 2000 again. Without lucrative stock options, employees who wanted to make it rich moved to start-ups. The people who had been at the company thirty years were already rich. Many of them retired...
...Rich Russians are accustomed to huge markups on luxury brands sold in their country. Top fashion labels can sell for up to 1,000% of what they would in the U.S. or Western Europe. But factor in inflation and the devaluation of the ruble, and the price is too high for many, says Grankina. "There is a layer of wealthy people who are willing to pay up, but when the ruble falls against other currencies, sellers pass that on to consumers at a time of inflation, so things become much more expensive...
...while sales may have slumped, the spirit of some of Russia's rich remains breezy. The élite GUM shopping mall, situated on Red Square, has seen its number of shoppers fall some 30% this year, according to Ageyeva, the buyer. But Lilya Bondarchuk, a manager at the Jil Sander store in GUM, says that "clients joke about the crisis and ask each other if they have noticed it yet." Natalya Batalova, a corporate attorney who shops at GUM every few months, says she hasn't felt the crisis so far. "I don't know what it is," she says...