Word: dollarization
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...that we're high-tech," Powderly chimes in, "But I can't find a moment where [graffiti] wasn't high-tech. If you look back, you had spray cans - this form of technology that was a little too new to be considered an art form - and this billion-dollar transportation system that taggers used to spread their art. It's not all that different from laser pointers, a new technology, and this immense infrastructure that you find in urban areas...
Nowadays his daughter Donatella (Doni) Ratti, who became Ratti's president in 1996 and CEO in 2001, has to cope with different problems: namely, casual Friday morphing into every day (i.e., the banishment of the tie, which represents 25% of Ratti's earnings), the weak dollar and, most important, China. "It's become very difficult," says Donatella, 50. "People don't want to pay our prices. They compare them to China's." Such a comparison irks her, since China lacks Ratti's quality, quickness and creativity and isn't interested in small quantities...
Disagreements about the Cambridge City Council’s relationship with the Cambridge Health Alliance (CHA) brought heated debate to the Council’s weekly meeting last night. Councillor Marjorie C. Decker introduced a proposition requesting a “dollar-to-dollar review” of the funding that the Council provides to CHA, citing CHA’s lack of formal accountability to the Council and its recent decision to remove obstetrician-gynecologist services from three of its 12 neighborhood clinics. The Council approved Decker’s measure with an amendment requiring the city manager...
...decision to expand the Cabinet was seen as particularly galling because at least half of Kenya's people live on less than a dollar a day. The government has requested 30 billion shillings (nearly $500 million) to help resettle displaced people, and last week, the government appealed for another 7 billion shillings ($113 million) to fight malaria. It has also announced that supplies of HIV/AIDS drugs are running...
...hopes were compromised. Citing a lack of space for transfer students in upper class Houses, Harvard opted rather to cancel all applications outright and refund the 65-dollar application fee. But after all the time and emotional energy Max and countless other transfer applicants had invested into their applications, a cash refund is hardly adequate compensation. Lack of space in upper class houses is old news, of which the administration had been aware well in advance of the transfer application deadline. Whatever their prospects of actually gaining admission, transfer candidates deserve an apology from the administration for the mishandling...