Word: secondment
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Dates: during 2000-2009
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...about a new wave of financial problems rippling through global markets. Stock-market indexes plummeted, the cost of insuring against a default by Dubai jumped and the dollar strengthened as investors rushed back into greenbacks. On Friday afternoon, stock markets made something of a recovery as analysts took a second look at what Dubai's proposed repayment halt means. Eighty billion dollars - Dubai's total liabilities - may sound like a lot of money but in the context of the past year, it's not huge. And while banks like HSBC and Barclays have billions in exposure to Dubai, they...
...that leads to my second argument for higher prices: if stuff costs more, we'll buy less of it (that's the demand curve in action). If we are forced to buy fewer things, then perhaps we'll start to break this mentality that the way to happiness is to own more...
...Dream's director of home and communities programs. "At a certain point, the accumulation of stuff starts to drive your life." As Juliet Schor, an economist at Boston College who helps run the group, points out in her book The Overworked American, when workers became more productive over the second half of the 20th century, we as a society chose to take the benefit as more stuff. We could have also decided to, say, work a little less...
...name, which means "Fifteen Thousand," each more colorful than the one before it. Mayor Mario Samanez claims to have the official version. He says its rains around 15,000 mm (590 inches) each year in the town, hence the name. "This is the spot with the world's second highest amount of rainfall annually. That is where the name comes from," Samanez says...
...still roaming around freely in Pakistan. Therefore, I respectfully request the world community to use all its influence on Pakistan to desist from that sort of behavior." Those are strong words coming from the normally reticent Indian leader, and a signal of a harder line in the second year after Mumbai...