Word: wealthiest
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...offers firm leadership and understands the security situation," says political commentator Alex Magno, who expects security matters will be a prominent election issue. In the intertwined world of this country's dynastic politics, Teodoro and Aquino are related as cousins from different branches of one of the country's wealthiest landowning families. And on paper at least, there could be five Arroyos in the next Congress; there are four in the current one. Even Imelda Marcos, the flamboyant 80-year-old widow of former dictator Ferdinand Marcos, is running for a seat - a further example of the merry-go-round...
...imbalances will continue to persist, say analysts and North Korean defectors in Seoul. The largest and wealthiest of North Korea's traders, including government-owned companies, have long since swapped out of North Korean won and instead hold Chinese renminbi, yen or dollars as a store of value. The black-market value of the won has been decreasing for years, and North Korean inflation has been accelerating. The former head of a large North Korean trading firm who recently defected to Seoul told TIME, "Some kind of move like this was expected for a long time." And, he says...
Normal is a relative term. Houses inside Isleworth's 600 acres, 45 miles southwest of Orlando, Fla., cost between $2 million and $8 million. Aside from Woods, perhaps the wealthiest and most famous golfer in history, homeowners have included sports legends like NBA superstar Shaquille O'Neill, movie stars like Wesley Snipes and tycoons like Planet Hollywood creator Robert Earl. The development is ranked the world's No. 1 luxury golf community, and the Mediterranean-style country club is a massive 89,000 square feet. Isleworth has its own private security force with marked patrol cars and fully staffed guard...
...half-century after the war, many victims and perpetrators have already died, complicating the processes both of fact-finding and bringing justice. Critics have questioned the value of delving so deeply into a violent era, after South Korea has already moved on to become one of the world's wealthiest democracies. Still, the long-hidden information about tactics used in a brutal war has been coming into focus, and many believe it's helping a society heal from scantily bandaged wounds. "Once the brutal facts of these massacres are out in the public, it's very hard for any government...
...light of the investment losses suffered by the nation’s wealthiest universities this past year, schools with large endowments should adopt more conservative investment strategies, Tufts University President Lawrence S. Bacow said in an interview with Bloomberg News last week...