Word: boons
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...down 33% against the euro and 20% against the Japanese yen and has weakened against the pound and Canadian dollar as well. This broad slide has made goods produced in the U.S. more affordable to foreigners with stronger currencies. In the short run, foreign buying is a boon to U.S. factories that only now are emerging from their worst rut since the Great Depression. In fact, though U.S. officials say they want a strong dollar, the open secret in Washington is that they are in no rush to make it happen. For one thing, the steps the U.S. must take...
...chaos is a boon to the enterprising young journalist, who manages to meet many of the epoch's most colorful and influential characters?from Chiang, whose cozy relationship with TIME's editor-in-chief Henry Luce makes Rowan wonder if his stories will be censored, to China's impressively urbane first Premier, Zhou Enlai, to the aging ink-scroll master Qi Baishi, who, fearful of the Communists' hostility to his art, locks up his paints at night and wears the key on a rope around his waist...
...there will be no more IBM personal computers," says Yang, who will leave his post to become chairman. Lenovo has already begun promoting its own brand name?a task made easier by its sponsorship of the 2008 Beijing Olympics. As for IBM, the deal with Lenovo looks like a boon. The company, which retains a 19% stake in Lenovo, has long migrated toward consulting services and software, so it's happy to jettison its hardware shop. The PC unit experienced a loss of $258 million last year and has debts of $500 million?problems that now fall to Lenovo...
Hoxby also said that Cambridge’s education industry is a boon to the area. “Most cities in the U.S. would ‘kill’ to have Cambridge’s education industry and the firms that are attracted by it,” she wrote...
Although federal funding is traditionally a boon to scientific research, it is especially restrictive about stem cells. The federal government’s guidelines effectively leave most new research to private institutions such as Harvard. Our government has been unique in its restrictiveness; in contrast the European Union (EU) has formally backed embryonic stem cell research. The EU has already allowed part of their $20 billion research budget to be granted to stem cell researchers. While the rest of the world is embracing this potentially revolutionary scientific research, our government is forcing it to adopt a second-rate status...