Word: dollarization
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From January 2007 through February 2008, 41% of Obama's funds came from low-dollar donors...
...terrible cost back in 1981. When that red phone rings in the middle of the night, it probably won't be the National Security Adviser saying Osama bin Laden has struck again. It will be the Treasury Secretary reporting that markets have opened in the Far East and the dollar has become worthless...
...considered small by the standards of the global automotive industry), it's not a great time to be buying two carmakers heavily reliant on the American market. As an apparent recession kicks in, sales of all luxury cars in the U.S. are starting to tumble. And the weak dollar doesn't help matters either. So look for Tata to try to open up emerging markets for Jaguar and Land Rover across Asia and Russia. "There's certainly room to do that," Wormald says. "But it will take an awful lot of time and money." Still, as gambles go, Tata...
Many of Trinity's members live on Chicago?s South Side, a vast swath of land that includes the city's convention center, multi-million-dollar mansions in neighborhoods like Kenwood, where Obama lives, as well as boarded-up flop-houses in neighborhoods like Englewood. Among Trinity's members are doctors, architects, prominent journalists, as well as teachers, firemen and garbage collectors. Many residents of the South Side?s farthest edges travel to jobs two hours away via public transport: a bus and a train transfer, often through Hyde Park, the leafy, upscale neighborhood best known because of its proximity...
Forget the falling dollar. All that penny-pinching tourists need to travel the globe is a willingness to try something different and access to a new breed of travel website...