Word: cashes
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Investors keen to protect their precious cash have sought security in all the usual places in recent months. The U.S. dollar, the Swiss franc and the Japanese yen - each with a history as a safe haven - have all provided homes for nervous depositors' cash. But as the economies of those three countries flounder, it's time to look around, and smart investors think they've discovered a new harbor to protect them from the choppy economic seas. "The best safe haven currency," analysts at banking giant HSBC wrote in a research note this month, is Norway's. According to HSBC...
...while the krone looks attractive in comparison, it's worth remembering that "at the moment, the currency markets are an ugly contest," says Thomas. "Pretty much everywhere looks not great." Moreover, he says, while Switzerland boasts a powerful banking sector with experience of taking in floods of cash, "Norway doesn't have that financial infrastructure. And there's no bond market to speak of." That means that while "it's a nice currency to be invested in, from a practical perspective, of someone who has a huge pot of money and wants a safe haven, they just couldn...
...don’t pretend to have a perfect solution. To choose to disqualify anyone based upon extra-literary considerations opens the door for all sorts of petty politicking—something the literary realm definitely needs no more of. However, the case is that, in the cash-strapped world of letters, it is more important than ever that the moneys within are channeled to the warm bodies that can produce the next White Whale and not to skeletons that will merely rest in the muck. —Columnist Sanders I. Bernstein can be reached at sbernst@fas.harvard.edu...
...Beware” is in many ways the culmination of Oldham’s career trajectory; his sound has gradually moved away from the spare stylings of albums like “I See A Darkness” (which Johnny Cash liked so much he later recorded his own version with Oldham on backup) toward more polished studio trimmings. But in pulling in all the extra instruments (marimba, flute, tenor saxophone, and accordian, to name a few) it loses something of the stark devastation that gave voice to America’s stranger corners of existence. The album?...
...least 2004. That's a fact. And it shouldn't surprise anyone. Mao tells us that terrorist organizations have to adapt in order to survive. Adapt or die. Look at the Taliban in Afghanistan. They're using opium to support their activities. Why? Because opium is a limitless cash crop. Well they don't have opium in Iraq. But what they have in almost limitless supply are antiquities. So they're using them to fund their activities. It is not the number one source of funding. Kidnappings for ransom and extortion will still always be the number one source...