Word: wealthier
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...panic, finger-pointing and schadenfreude that has ensued, though, it's easy to forget that the gulf is more than just Dubai. Neighborhood rivals - some of them much wealthier than Dubai thanks to much bigger oil and gas deposits - have emerged from the financial crisis in better shape than their badly bruised neighbor. The gulf region is poised not only to recover from the global slump this year, but could become the second most important center of world economic growth after the economies of east and south Asia, according to John Sfakianakis, chief economist for Banque Saudi Fransi in Riyadh...
...though the woman who found her is poor, she has been allowed to care for the infant under the UNICEF network's supervision - largely because experts like de la Soudiere says it's often a better option to keep children in their own communities instead of giving them to wealthier families who might make them restaveks...
...long, Haitians have been neglected by their northern neighbors and forgotten by the constituencies on whose behalf wealthier governments claim to act. After being established by former slaves and revolting against its French master in 1804, Haiti was not welcomed into the international community of independent nations. The United States, viewing a nation of former slaves as a threat to slavery in the Western hemisphere, refused to grant diplomatic recognition to Haiti until 1862. The French demanded that Haiti pay an unreasonable price for the new nation to receive diplomatic recognition—150 million gold francs to French citizens...
This kind of activity - flushing out low-rent tenants and replacing them with wealthier new renters - has been a staple of strong real estate markets for years. What was different over the past few years was how widespread this Dickensian business model had become, largely fueled by Wall Street money seeking high rates of return. Another difference was how much the general investing public - through university endowments and pension funds - became party to such morally dubious schemes. Consider it another footnote to the Gilded Age we just passed through. (See pictures of Americans in their homes...
With the current war raging, Yemen is getting a lot of support (though how much is unclear) from its larger wealthier neighbor, Saudi Arabia, which joined the fight last month. Separately, President Barack Obama recently requested $65 million for Yemen to help battle terrorism and al-Qaeda...