Word: ridden
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Dates: during 1990-1999
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Brazilians sardonically call their monstrous public bureaucracy O Trem da Alegria--the Joy Train. It is ridden by millions of officials like Cesar Almeida, mayor of a working-class town near Rio de Janeiro. The Globo TV network revealed last month that he has manipulated the system so cleverly that he earns $22,000 a month--twice the salary of the country's President--while teachers earn as little as $70 a month. Brazil was able to finance that kind of waste when foreign capital was pouring in. But now, with the global financial crisis sucking hundreds of millions...
Haphazard controls are not even much help to countries that impose them, because they choke off foreign investment just when it is most sorely needed. To make matters worse, Malaysia looks ready to use its controls to ease pressure on Mahathir's debt-ridden cronies instead of attempting to fix its shattered economy. Meanwhile, Hong Kong authorities find themselves stuck with $15 billion worth of stock that they purchased in August to prop up the market. Selling the shares now would drive down prices...
...christened with the most illustrious of expletives, the connotations surrounding "Fuck" are particularly strong. Ask anyone to predict the band's style, and the answers will most likely be pretty similar. Death-metal. Angry punk-rock punctuated with chaotic background crashing and thrashing. Grating shrieks of hormone-infused, garage-ridden, guitar-laden pre-pubescents. Anything but the surprisingly slow, seductive and beautifully simple melodies contained within the San-Fransisco based band's latest CD,Conduct...
...this all the time," he shrugs. "A lot of our calls are from convicts that seem to relate to the angst-ridden music...
...only weeks from hearing corporate confessionals about depressing third-quarter results. And with Asia's ills spreading to Russia and Latin America, profits overall--for global companies, most acutely--could well decline in the next few quarters. That's part of what has Wall Street so angst ridden, and it's why the investment game has changed fundamentally over the past few weeks. When the market is priced for perfection, a lot can go wrong. So this seems a good time to review some basics...