Word: dollarization
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...James Hutton, a U.S. Army public affairs officer, in the fiscal year 2006 9,257 claims were filed in Iraq, of which 3,658 were paid, totaling $8,397,726. Fewer were filed in and paid out in 2007 - 7,103 and 2,896 respectively - but the total dollar amount was larger: $13,074,660. U.S. officers praise the program, though it is impossible to say how many Iraqi hearts and minds have been appeased. It can take months for a claim to be paid and if a claim is filed after the U.S. military unit involved is rotated...
...have received for videotape and DVD residuals. Across Los Angeles and Park City on Thursday, writers, directors, actors, producers and studio executives were scrutinizing the pact. "People can argue over whether it's a good deal or a bad deal," said Paul Haggis, the writer of Crash and Million Dollar Baby, poring over the DGA data points in his office in L.A. "If there's any way to make it work, the writers will...
...exchange rate remains a contentious issue. Since China's currency, the yuan, was delinked from the U.S. dollar in July, 2005, it has appreciated about 14% against the greenback. However, because of the declining international value of the dollar, the yuan has depreciated by some 6.4% against the euro. This has made the Europeans very unhappy. Their trade deficit with China is now also very large...
...would put in place fuel economy standards by 2020 that are lower than standards China will enact next year. “Our priorities are so screwed up, it’s depressing,” he said. “If, instead of spending seven to nine billion dollars a month in Iraq, we put seven to nine billion dollars a year into this, there would be a stunning output.” Kerry said that while he is working with like-minded colleagues—notably Sen. Joseph I. Lieberman (I-Conn.) and Sen. John W. Warner...
...support the production and distribution of films that entertain as well as enlighten - films that will enhance the connections that already exist between different societies, but are seldom noted on screen and in popular culture." And Qatar princess Sheika Moza bint Nasser-el-Missned announced a multimilli-dollar investment in Silatech, a global initiative designed to help youth around the world find meaningful employment...