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Declining faith in the dollar also helps to explain the surge in prices of a host of commodities - a classic hedge against currency instability. This includes the spike in oil, which has been further boosted by soaring demand, political turmoil in the Middle East and rampant speculation by trend-following investors. "Four times in the last 40 years we've had major disruptions in global oil supplies coming from geopolitical events in the Middle East," says Lewis Alexander, chief economist at Citi. "If you were to see one of those scenarios play out, that would be a big additional shock...

Author: /time Magazine | Title: Bottom Dollar | 11/14/2007 | See Source »

...matchup generated nationwide hype and an insatiable demand for tickets—the Harvard ticket manager estimated that his office could have sold 100,000 seats...

Author: By Jonathan Lehman, CRIMSON STAFF WRITER | Title: Memory of Harvard "Victory" Looms Large | 11/14/2007 | See Source »

...turned my attention to the entertainment options: 29 video-on-demand movies (there will be 60 by the end of March), 77 TV shows, 102 CDs, 12 music channels and even Nintendo games and mah-jongg. As a big Denzel Washington fan, I chose his latest movie, Out of Time. He looked great on the relatively large, 9-in. video screen. After a couple of hours with Denzel, I got in some serious bar time--Singapore Airlines has done what no other airline has done for years, which is to devote a large expanse of space in the coach section...

Author: /time Magazine | Title: Over the Really Long Haul | 11/14/2007 | See Source »

...Electric companies could be the next contender in an extended battle to control not just high-speed surfing but all forms of digital communication and entertainment for the home. Comcast, Cablevision and others already offer multiple services. Idacomm says it plans to offer Internet phone service and video-on-demand to BPL users right off the bat. "That's the triple play," says Vamsi Sistla, broadband analyst for ABI Research. "That's what every network that's sending data is striving for. And [consumers] who can get the apple, the orange and the banana from the same vendor will...

Author: /time Magazine | Title: Competition: Power Play | 11/14/2007 | See Source »

...illustrate his point, Serbian social workers went on strike on Tuesday, a day before the report was revealed. They demand a 25% increase in their wages. The average wage is around $300 a month...

Author: /time Magazine | Title: Disabled Serbians in Harsh Conditions | 11/14/2007 | See Source »

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