Word: dollarization
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Europeans visiting the U.S. may be thrilled with the bargains they're finding thanks to the super-strong euro, but the American monetary policies that have permitted the dollar's continued decline are proving far less popular with economic officials across the European Union. In fact, shouts of protest are now rising from European economic chiefs demanding the U.S. take measures to reverse the dollar's slide...
...This growing protest comes ahead of the Oct. 19 G-7 meeting in Washington, where European vexation over hands-off American attitudes toward the weakening dollar will be a main topic of discussion. Long a complaint aired primarily by the French, American willingness to allow the dollar to slip, which makes U.S. exports cheaper compared to foreign rivals, is now being denounced by a growing number of E.U. officials. Responding to the widening exchange rate gap from Luxembourg on Monday, Jean-Claude Junker - head of the Eurogroup of 13 nations who share the euro as their currency - complained about American...
...painful reminder that we are losing our democratic freedom of religion, speech and the press and are moving toward a dictatorship in which organized religion controls what we hear and see. Next, the Catholic League will censor the media from reporting sex crimes by priests and the resulting multimillion-dollar lawsuits. Alton Hardman, ALTUS, OKLA...
...believe Argentina is back as a hemispheric or even world player? Yes, Argentina is finding again its presence on the international scene; it's finding its identity again. In the '90s we thought having ann exchange rate of one [Argentine] peso to one [U.S.] dollar was an automatic passport to the First World, but that was a mistake. We're finding our way now, and we're reasserting Argentina on the world stage...
Practitioners of prosperity philosophies of varying intensity include some of the biggest names in Pentecostalism, including the Whites, Joyce Meyer and Creflo Dollar. None of these has had trouble with the law, although in 2006, after years of fencing, Joyce Meyer Ministries came to agreement with local authorities to pay 52% taxes on parts of its headquarters, which the county had maintained were a business. Nonetheless, Hank Hanegraaff, a non-Pentecostal evangelical broadcaster who calls himself the Bible Answer Man, expresses concern "about people out there emptying out their bank accounts so their daughter with leukemia can be healed...