Word: timbered
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Dates: during 2000-2009
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...mustachioed, sombrero-wearing Zelaya makes for an unlikely leftist hero. A 56-year-old former rancher and timber merchant, he took office in 2006 after campaigning on a centrist platform. But once in power, he drew close to Venezuelan President Hugo Chávez and quickly copied his formula for popularity: giving handouts to the poor and blaming all the country's problems on the rich. Amid rising crime and a spluttering economy, the establishment turned on Zelaya. The flashpoint came in June, when he called for a nonbinding referendum on changing the constitution to allow Presidents to stand...
...Mendillo gained experience investing nearly all of the endowment’s major asset classes. She also assembled the University’s pioneering timberland portfolio, which helps hedge risk from traditional equity investments. When Mendillo took the helm at HMC last summer, real assets—like timber, agricultural land, and real estate—comprised roughly a quarter of the then-$37 billion endowment.Eventually, during these early years, she became vice president of external management, a post that had her overseeing investments in private equity, real estate, and emerging markets—a portfolio that grew...
Wine'd Down. At Timber Cove Inn, located on an outcropping above the crashing waves of the Pacific about two hours north of San Francisco, you can luxuriate in your own private hot tub, then lounge by your in-room fireplace. The inn's Savor Sonoma Package, which includes a room and a six-course tasting menu, costs $229 for two guests. What's more, the local wineries will come to you with their wares: the guided tasting each weekend costs $15 to $20 for four glasses. If you buy one of the wines, you can drink...
...Colombia does not lack for presidential timber, and most candidates pledge to continue Uribe's national-security policies. Chief among them is Defense Minister Juan Manuel Santos, who oversaw a series of battlefield triumphs including last year's commando raid that rescued 15 guerilla-held hostages. Santos will step down at the end of the month to launch his own presidential bid but said he would pull out if Uribe is allowed to run. The reason? Opinion polls show that in a head-to-head contest, Santos would be trounced by his former boss...
...struck by the shortsightedness of the government's policy in forcing the Korengal Valley to stop producing timber. It seems extremely foolish to deny people access to jobs and money when the alternative for them is to join the enemy. The same applies to the opium trade. It would be better for Western governments to buy the crop above the black-market price for their pharmaceutical industries, even if it meant stockpiling or perhaps destroying some of the final product. The war cannot be won; the best that can be achieved is for the allies to hold the fort while...