In North America, Apache focuses its operations in the Gulf of Mexico, the Gulf Coast, and the Permian region, where assets contributed 48% of production 70% of estimated proved reserves.

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Until recently, these policies also contributed to the appreciation of assets owned by this small segment of our population.

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And it seems likely that large capital inflows contributed to the overvaluation of Western assets.

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Dr. Liljestrand contributed almost all of his income- producing assets to PLP.

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These bonds are meant to wean away small investors from buying unproductive assets such as gold that have contributed to the country's record-high current account deficit.

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This dramatic departure from normal practice with other sovereign and commercial borrowers has contributed significantly to the present inability of Western experts to determine the true assets and liabilities of the ex-USSR.

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This makes the charitable trust a particularly attractive vehicle for appreciated assets like stocks, which would normally be subject to capital gains, but can be contributed to the trust at fair market value (and thus, deducted calculating that same value) and sold inside the trust for no gain.

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