Word: ben
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...held just by a few lonely bears in the wilderness. In his new book and in recent newspaper interviews, former U.S. central-bank chairman Alan Greenspan has been emphasizing that prices for Chinese exports have started to rise, which will contribute to a revival of global inflation. Ben Simpfendorfer, China strategist for the Royal Bank of Scotland, puts it succinctly: "Where China was a deflationary influence over the last 10 years, it will be an inflationary influence over the next 10 years...
...pattern continues, things could get complicated for central bankers around the world, and for U.S. central-bank chairman Ben Bernanke in particular. Beset by a slowing economy amid the subprime loan meltdown, Bernanke is trying to ease interest rates without triggering higher inflation. Additional inflationary pressure from one of America's largest trading partners will undermine his ability to reduce rates further to prevent the U.S. economy from stalling. He's not likely to get much help from Beijing, which has its own priorities and a limited set of tools to rein in consumer prices. Efforts to cool economic growth...
Advice to a would-be novelist: write what you know. Tip for a first-time director: show what you've seen. Ben Affleck has been living in the tabloids for so long, it might seem as if he had been born there. But no, he's a Boston kid, and for his debut in the auteur sweepstakes, he wisely chose a Dennis Lehane suspense novel set in the down-and-dirty Boston suburb of Dorchester...
...Time.com Audio: For more on Ben Affleck, subscribe to the weekly entertainment podcast at time.com/podcasts
...postseason. The crowd included several “regulars”—two Cambridge policemen, an MIT English professor, the Au Bon Pain chess champ, and a smattering of residents and visitors enjoying Boston’s 4-0 win over the Los Angeles Angels of Anaheim. Ben Affleck, David Leary, and Car Talk’s Click and Clack have also joined this convivial crowd in previous seasons. Although Cardullo’s has been broadcasting Sox games for eight years, it was only five years ago that this storefront gimmick turned into a tradition. Dennis Coveney...