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...might be an "implausible suggestion," analysts at HSBC wrote in a May note to clients, but "its pre-eminent position as the reserves currency of the world does not mean that [the dollar] will maintain its value." Like Derrick, HSBC is counting on a further fall in the months ahead. Better not leave that holiday too late...

Author: /time Magazine | Title: Outlook for U.S. Dollar Darkens | 7/2/2009 | See Source »

...they rely on their brand to carry that signal of value. So you have to think about that: If you like this object, whatever it is, if it seems to suit you or fit your needs and appears to be good quality or good value for price, then go ahead and buy it. But don't buy it because you're motivated by the brand and think your getting a good deal...

Author: /time Magazine | Title: What Cheap Stuff Really Costs Us | 7/2/2009 | See Source »

...case overturning India's Section 377 took years; activists elsewhere realize they have a long road ahead. "There will not be any immediate change here because of the Indian decision," Rosanna Flamer-Caldera, executive director of Equal Ground, a gay rights group in Sri Lanka. "Things don't work like that, we have to keep working and advocating constantly." The Indian High Court has given them one more rallying cry. - With reporting by Amantha Perera / Colombo and Delwar Hussain / Dhaka...

Author: /time Magazine | Title: India's Historic Ruling on Gay Rights | 7/2/2009 | See Source »

...lesbica schifosa. Ma ti offendi se ti chiamamo Italiano mafioso—You call us dirty black man and disgusting lesbian. But you are offended if we call you Italian mafioso.” A bald black man and grey-haired white women are depicted smiling and looking straight ahead. Both appear to be naked, though only their top halves are showing; they have crossed arms (a signal of strength, or perhaps a way of concealing the woman’s breasts...

Author: By Sofia E. Groopman | Title: Racism is a Boomerang | 7/1/2009 | See Source »

...British High Court ruling earlier this month has already given around 1,000 veterans of the country's nuclear testing program the go-ahead to sue the government for radiation-linked illnesses. However, any of those cases that may eventually triumph in court will take years to hear and presumably even longer to wind through the appeals process - a stall tactic that French veterans have long accused France of employing. But with French nuclear-testing victims finally having some success in getting their state to do the right thing, their British peers might just pick up some useful tactics...

Author: /time Magazine | Title: France Votes to Pay Nuclear-Testing Victims | 6/30/2009 | See Source »

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