Word: demands
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Dates: during 2000-2009
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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...
...what you would expect in good times. "The rule is that the deeper the recession, the more robust the rebound," says Blue Chip editor Randy Moore. "But that's not what people are predicting this time. Absent the stimulus, there is still a worry that there is not much demand out there...
...coincidentally, Powazek had been working with Hewlett-Packard on the development of MagCloud, a publish-on-demand service that lets anyone become his or her own print magnate. Potential publishers e-mail the site any number of documents to be printed on standard, letter-size magazine stock. MagCloud takes care of the rest - binding the pages, selling the finished magazine on its website and delivering each order. For this HP charges about 20 cents per page; the publisher of the magazine can add a markup to that. (See pictures of Australia's dust storms...
...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...
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...