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...near-zero interest rates Japan once exclusively offered are now available from central banks across the globe. Ironically, the yen today looks relatively strong compared to the dollar, making it more expensive to borrow and so riskier to carry. "Even though interest rates are low everywhere as global demand gradually picks up, we think the yen will strengthen," predicts Credit Suisse's Desbarres. Economic growth in the U.S. appears so sluggish, by contrast, that Credit Suisse does not expect any rate hikes from the U.S. Federal Reserve, necessary to strengthen the dollar, until the middle...

Author: /time Magazine | Title: Who Loves the Weak Dollar? Currency Traders | 9/30/2009 | See Source »

...Murray’s success is emblematic of a fundamental problem with this recruitment system, some critics say. The two-year lag between when firms extend job offers and when employees begin their first year forces firms to predict associate demand far in advance of the start date and leads to inaccurate predictions of hiring needs...

Author: By Elias J. Groll, CRIMSON STAFF WRITER | Title: Tough Times For Harvard Lawyers | 9/30/2009 | See Source »

According to Weber, the backlog of entry-level associates or “overhang” is negatively impacting firm demand for associates in this recruiting cycle...

Author: By Elias J. Groll, CRIMSON STAFF WRITER | Title: Tough Times For Harvard Lawyers | 9/30/2009 | See Source »

...lead time, but it's at the mercy of the postal service. Meanwhile, newsstands remain the point of purchase for most commemorative issues. Plus, although Powazek and the photographers aren't making any money off Strange Light, it costs eight bucks. (TIME's Jackson issue was $6.) Publishing on demand and MagCloud are clearly not going to solve all the woes that ail media. But Powazek looks like he's having a lot of fun trying...

Author: /time Magazine | Title: From Natural Disaster Comes ... an Instant Magazine | 9/29/2009 | See Source »

Along those lines, Republicans are expected to introduce a spate of amendments to this week's fiscal 2010 Defense Appropriations Act in the Senate. One will probably be a demand to have McChrystal testify before Congress - a move the Defense Department has so far resisted until after the Administration sets its policy. Other potential amendments include one to increase funding for troop training, an amendment expressing the sense of the Senate in support of troop increases and maybe even one expressly supporting McChrystal's recommendations. On the Democratic side, an amendment is expected, perhaps from Wisconsin Democrat Russ Feingold, that...

Author: /time Magazine | Title: Congress Tackles Afghanistan Strategy | 9/29/2009 | See Source »

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