Word: dollarization
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...space exploration higher on the political agenda of the United States? Some argue that we have too many problems to deal with here on Earth to spend money on propelling a few select individuals out of the gravitational hold of our planet. Granted, NASA’s 18-billion-dollar budget is a lot of money, but it accounts for only 0.6 percent of the federal budget. And while it is true that there are many important issues to deal with and many projects that need funding, the scale of NASA’s funding pales in comparison...
...version and the Imax experience. (These formats account for 80% of the film's domestic gross; worldwide, Avatar has earned about $125 million in just 262 Imax theaters.) Second, the rate of inflation complicates any comparison of movie hits from one decade to another. In real dollars, none of the superhits of the past decade - not The Dark Knight nor any movie with pirates, hobbits, wizards or spider-men - make the list of the 25 top-grossing domestic films. Titanic is the only picture of the past quarter-century in the top 10. (It's sixth.) Cameron's new film...
Electronic donations have been increasing steadily over the past decade. While old-fashioned donations have declined recently due to the recession, online giving actually grew in 2009. One online charity portal, Network for Good, reported that the number of donations nearly doubled last year, and the dollar value of donations increased by 42 percent. However, trends in online giving, including cutting-edge methods like text-message donations, vary markedly from traditional non-profit donations, and their growing importance will have a significant effect on the quantity and character of charity worldwide, and not necessarily a positive...
...begin with, it holds more than $1 trillion in U.S. assets, mainly in U.S. Treasuries. No other country or entity in the world could absorb those assets if China wanted to sell them, and with China's currency value pegged to the dollar, any massive sale would lead to a steep decline in the Chinese currency and economy. China's holding of U.S. debt is leverage only in a theoretical world where it could dump its U.S. assets or stop buying more. What's more, even a hobbled America is the world's largest economy and the most significant market...
With a $53,000 grant from NSF, the pair embarked on their first independent research project in Sept. 2009. Using Harvard’s million-dollar mass spectrometer, they are studying calcium isotopes in rocks in order to better understand geological history...