Word: dollarization
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Faust's testimony is part of a Harvard-led effort by a consortium of research universities to reverse a recent real-dollar decline in research grants from the National Institutes of Health...
...these lamentations—however awfully distorted and misdirected—with which one can sympathize, something completely absent amongst the counter-complainers, who are no less obnoxious. Where were they–given their claims of moral superiority and wisdom—when Harvard lost over 350 million dollars in a hedge fund last year? Or when the administration breached its contract with its workers? Of course, they were too jaded to care. For these people, it seems that it’s the feeling of superiority over their classmates that matters, not actually considering anyone?...
...particular park or grass verge can use Google to find out when last it was groomed by the city's gardening staff. And the city's cemeteries will soon be mapped to allow internet users to find out who is buried in each plot, says Kristensen. A new multimillion-dollar conference center, opening in June, will have 72 wireless access points to allow out-of-towners to use their laptops to navigate the Google Earth version of the city...
...stretch to see the venture as two men trying to step out from the shadows of their fathers. On Boxing Day 2005, the brilliant, belligerent Kerry Packer died, giving James control of Publishing and Broadcasting Ltd., the multibillion-dollar family empire. Five months earlier, Lachlan had abruptly quit as News Corp.'s third highest-ranking executive in New York City, convinced he was being overruled by underlings. According to a source, he complained to his father, News Corp. chairman Rupert Murdoch: "What's the point of me being here?" The young Murdoch and his wife, Sarah, returned to Sydney...
Bout was both a product of the post-Cold War era and a master of its chaos. After the collapse of the Soviet Union, the industrious 25-year-old saw an opportunity to turn dozens of military cargo planes that were sitting unused on military runways into a multimillion-dollar transport business...