Word: richest
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Dates: during 2000-2009
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...Australia and East Timor were at war over territory, the conflict would be called asymmetric. East Timor (pop. 800,000) is one of the world's poorest countries; its neighbor Australia (pop. 20 million) is among the richest. In their efforts to negotiate a permanent legal fence in the Timor Sea, the difference in firepower and tactics could hardly be greater. It is as if a small guerrilla force was facing an opponent that could call in air strikes at any moment. So far, the engagement has produced only bad blood and rancor...
...Melbourne, but it?s unlikely the President of Nauru is enjoying it. Since he flew out of the 21-sq.-km island on April 23, Rene Harris has been closeted in his suite here trying to solve a financial mess. Phosphate exports once made Nauruans among the world?s richest people, but those days are long gone. It?s unknown how much remains in the phosphate royalties trust that once sustained many of Nauru?s 12,000 people, and last month, seeking to recover about $A240 million owed to America?s GE Capital, receivers PPB moved on the country...
Investment tycoon, liberal reformer, world's fourth richest person--Saudi Prince Alwaleed bin Talal is a man of many kaffiyehs, and he's adding another: advertiser. In April, Kingdom Holding Co., the $21 billion investment firm that Alwaleed runs, started advertising itself on CNN and CNBC and in the Wall Street Journal, the Financial Times and other media. The ads highlight Kingdom's stakes in a dozen megafirms, such as Citigroup, PepsiCo, News Corp. and Four Seasons Hotels, and include the tag line "Reaching out through global investments." To some, it sounded as if the U.S.-educated prince was trying...
When a company's revenues grow 17%, as Microsoft's did in the past quarter, it might seem a little churlish to suggest its glory days are over. Its chairman, Bill Gates, even reclaimed his title as the world's richest man, after a widely published story claiming that the founder of Ikea had replaced him turned out to be so many Swedish meatballs. And Gates' baby, based in Redmond, Wash., is still by far the largest software maker in the world, with a healthy $56 billion in the bank and revenue conservatively expected to rise 5% next year...
...strikes at any time. The difference between the two countries' firepower and tactics could hardly be greater. East Timor (pop. 800,000), the half-island which celebrated independence on May 20, 2002, is one of the poorest countries in Southeast Asia; Australia (pop. 20 million) is the richest nation in the region. East Timor is pressing for a maritime boundary in the Timor Sea that is equidistant between the countries. Provisional arrangements over a sea zone known as the Joint Petroleum Development Area - 90% of whose taxes and royalties are East Timor's - will bring it about $4 billion. Over...