Word: dollarization
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Ever since the Euro was rolled out in 2002, champions of the currency have worked long and hard to establish the tender as a serious, strong rival to the dollar. Now many of those euro enthusiasts are growing nostalgic for the money's runtier days. Because with the dollar falling to a new record low of $1.5624 during trading Thursday, many European economists and business leaders are worried about how they'll ever be able to sell their products to customers who use dollars. The Euro sign has become an alarm for "expensive...
...parallels, it seemed, ended there: Harry Potter became a multi-billion-dollar movie franchise, while Precious Ramotswe is only now finding her way to the more modest medium of television. Yet, whether in books or on screen, she's not to be underestimated. In the U.K., the bbc will air a two-hour film version of the novel this month, along with a 13-part follow-on series, both of which will also be shown on HBO in the U.S. The high-wattage team behind the production is betting that Precious can help to recast the world's view...
Congress is currently considering President George W. Bush's budget proposal, which recommended the same level of NIH funding as the year before, a real-dollar decline once inflation is taken into account...
University President Drew G. Faust spoke in favor of increasing federal funding for biomedical research before a U.S. Senate committee yesterday.Faust’s testimony capped a Harvard-led effort to reverse a recent real-dollar decline in research grants from the National Institutes of Health (NIH).Working as part of a larger consortium of universities, Harvard spearheaded the lobbying push, which began with a report and congressional appearances last spring.Yesterday’s testimony, as well as a second report, ”A Broken Pipeline?,” released at a press conference immediately preceding...
...handle the material, as opposed to having volunteers come in,” Brainard said. She added that the cost of the damage has not yet been estimated, since curators are still working on drying library holdings. “It’s always hard to put a dollar value on rare and unique items,” she said. In addition to the amount these items may receive at auctions, one must also consider “the value to scholarship, which is almost inestimable.” Brainard added that although much of the Pusey Stacks remain...