Word: richest
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...question is money for research and prevention programs, and who should provide the funds. Many activists believe the richest nations should fill up the collection plate. And they made their point loud and clear Tuesday when U.S. Health and Human Services Secretary Tommy Thompson was booed off the stage mid-speech by protesters angry over what they perceive as the U.S.'s lack of commitment to fighting the spread of HIV and AIDS...
...development, the same cannot be said of its surrounding coral reefs. It only takes a quick peek below the surface of the island's tranquil waters to see the devastating consequences of unfettered local fishing practices. The sea floor off the coast, once heralded as one of Sulawesi's richest reefs, is now a barren, white wasteland of shattered coral, eerie stillness and craters the size of a child's inflatable wading pool. The effects of dynamite fishing are hard to miss...
...introduce competition has been returned to sender. The Flow Slows Money may make the world go round, but cash itself isn't moving as it used to. A fall in privatizations and cross-border mergers has led to a 56% plunge in foreign direct investment in the world's richest nations, says an O.E.C.D. report. BOTTOM LINES "The fear is this market has more shoes than Imelda Marcos." Charles Reinhard, Lehman Brothers strategist, asked when the stock market's next shoe will drop...
...country is now waking to the unpleasant reality that boom-era excesses and corporate malfeasance go hand in hand. When the wealth of the million richest U.S. families, the top one percent, expands too much over a decade or two of booming stock prices, the eventual result seems to be a taste for speculation and highly developed sense of "gimme" that winds up jeopardizing both the American economy and the vitality of the American democracy. Especially in corporations, this ethical erosion over the last 4-5 years is now coming home to roost...
...Since the influence of great wealth seems to rise with its size and momentum, a few examples will make the point. In 1982, the wealth of the thirty richest U.S. individuals and families ranged from $500 million up to $8.6 billion. By 1999, seventeen years later, the range was $7 billion to $85 billion, a tenfold increase. In 1980, the ten highest compensated U.S. executives had an average annual pay package of $3.4 million, but by 2001 that had skyrocketed to an average of $155 million - and this while the typical American household in the middle quintile barely stays ahead...