Word: super-rich
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...area of national income, (corporate) managers were able to increase their income by twice to three times, and shareholders' dividends increased by twice that again. But the real income of salaried workers declined by 7% to 8 %. This demonstrates an excessive market economy produced a handful of super-rich people and the income gap widened. We have to rectify the disparities in the distribution of income...
...have been suffering throughout the year. "Bankers used to come in droves with their wives," says the jeweler. "There were lots of Americans and French too. We just don't see them any more." "I always thought I'd chosen the safe option in retailing, catering to a super-rich clientele," says a Bond Street retailer, who also declines to be quoted by name. "But even our super-rich clients are cutting back. They're buying ready-made instead of bespoke or delaying big purchases altogether...
...boomtown housing values, with some analysts expecting up to a 20% decline in the next three years. The combined debt of Dubai's government and public-sector companies has escalated to the point where some analysts say the city-state Dubai might one day need a bailout from its super-rich sister emirate Abu Dhabi, which has more than 8% of the world's petroleum reserves...
...Interpretations among those in the know in Italy vary. Some say the man known as Il Cavaliere sees the world as his personal stage, simply letting it all hang out in public like other super-rich and powerful people do in private, convinced that his humor and Italian charm will win over the world. Others discern a calculation in his off-the-cuff quips: to divide his opponents, to keep allied pretenders to his throne off balance, and most of all to simply keep the spotlight on himself. By now, having been elected Prime Minister three times, most...
...Dubai Inc." - that are directly or indirectly owned and controlled by the government. This means, analysts say, that Dubai authorities could effectively stave off a bubble burst by keeping finished projects off-line until market conditions improved. In the event of a systemic threat, Dubai can probably rely on super-rich Abu Dhabi for a bailout. "We consider it highly likely that the authorities will step in at some level to support entities that are strategically important for the economy," Moody's analyst Tristan Cooper tells TIME...