Word: allowances
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...weak dollar is helping America's exports. But it is also spooking holders of U.S. debt, whose continued purchases of U.S. Treasury bills allow Washington to fund its deficit spending. Last week, the International Monetary Fund (IMF) announced that the Reserve Bank of India had bought 200 tons of IMF gold reserves, the biggest single purchase by a central bank in 30 years. That pushed the price of gold past $1,100 an ounce, the latest record breaker in a string of new highs, as the market anticipated gold buying by other central banks to hedge against a falling dollar...
...collaborated with programmers who are also musicians to set up her exhibition, which will allow audience members to see their heart rate converted into a melody...
...test innovative new models of education. Extensive experimentation is impossible in traditional public schools and is vital to solving the nation’s education woes. Race to the Top promises to forge an environment that will nourish and support the best of the charter schools rather than allow unions to stifle them...
Already in Wisconsin, the prospect of grant money has unions agreeing to allow standardized testing to be a factor in teacher evaluation so long as it is not used as grounds for firing. While this may lead to bad teachers simply cycling through the worst schools, this compromise is leagues better than the stagnation so characteristic of public-school policy. It is an encouraging sign that Race to the Top is already working before even a single dollar has been spent...
...note that Abbas is not in fact threatening to leave the stage. "This is political theater," says Amman-based Palestinian analyst Mouin Rabani. "The Palestinian Central Election Committee is expected to conclude that the election Abbas called for in January can't be held, because Hamas won't allow them to go ahead in Gaza, and Israel won't allow them to go ahead in East Jerusalem ... So what he did today was announce that he won't be a candidate in an election he knows is not going to happen. It would be meaningful only if he announced...