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When your currency is in the declining part of the cycle, as the dollar has been since 2002, that puts upward pressure on inflation, spooks investors and generally leaves people feeling cranky. It eventually gives an important boost to the economy by stimulating exports, but that takes years. During an upswing, by contrast, everything feels good. But it's the downswing that makes the upswing possible...

Author: /time Magazine | Title: The Strong Dollar Bench Presses the Party Line | 4/24/2008 | See Source »

...polls surveying this state's electorate puts Obama slightly ahead of Clinton, 40% to 35%. He is expected to win Indianapolis, given its significant black population, and he may do well in the city's so-called collar counties, like Hamilton. After working hard to boost voter rolls at colleges and even high schools (17-year-olds can participate in Indiana's primaries, so long as they're 18 by the general election), Obama is also expected to win the state's college towns, as well as Indiana's Northwestern corner, partly because it falls within the media market...

Author: /time Magazine | Title: Next Stop for the Dems: Indiana | 4/23/2008 | See Source »

...Eagan, who made her marathon debut yesterday, remarked on the huge boost she got when kids lining the street reached out for high fives and the joy on their faces when she obliged. But for Eagan, missing yesterday’s classes came at a bigger cost...

Author: By Dixon McPhillips, CRIMSON STAFF WRITER | Title: DIX' SPORTING GOODS: Students Join in Boston Tradition | 4/21/2008 | See Source »

...Harvard on Sunday, and the team was well-rewarded for its efforts, winning every singles match in straight sets after handily taking the doubles set.“We’ve realized in the past few matches that whoever gets the doubles point gets a huge momentum boost,” Nguyen said, “so we made it a point to come out with intensity.”The No. 37 doubles duo of senior Ashwin Kumar and junior Sasha Ermakov did their business as usual, winning 8-4 at No. 1.“The experience...

Author: By Jonathan B. Steinman, CRIMSON STAFF WRITER | Title: Weekend Sweep Claims 27th Ivy Title | 4/20/2008 | See Source »

...single digits by mid-2008. "2008 will likely be the year manufacturers [are] finally forced to take a general hit on profitability," he says. A soft landing for factories might even be beneficial for the country in the long term, because it would weed out inefficient operators and boost China's productivity. A period of "creative destruction" is an inevitable part of any business cycle. China's economic policymakers can only hope that the creative aspects of the coming shakeout outweigh the destruction...

Author: /time Magazine | Title: China's At-Risk Factories | 4/17/2008 | See Source »

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