Word: dollarization
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...part of their plans, many governments lined up multibillion-dollar advance-purchase agreements with pharmaceutical companies to buy vaccines during a pandemic. When the WHO declared H1N1 as such, governments were locked into these contracts, if not legally then politically - amid news reports of a new and potentially lethal virus spreading around the globe, governments could not responsibly pass on the option for vaccine. In this context, governments may have felt the only prudent course was to err on the side of caution. (See pictures of thermal scanners hunting for swine...
...cards, which are refillable, cost five dollars for every four dollars worth of Crimson Cash and can be used wherever conventional Crimson Cash is accepted. Brainard said that HCL is breaking even on the new cards and that the extra dollar fee covers the amount HCL pays for the card...
...shocked and appalled that Bernanke was named Person of the Year. In my opinion, he set up the devaluation of the U.S. dollar and rewarded bad behavior and business practices of corporations that should have been left to fail. Julie R. Seeley Harvard, Mass...
...other major American cities. Many adults lack the basic skills necessary to qualify for the high-tech jobs officials are desperately trying to attract to Michigan, which has the U.S.'s highest unemployment rate. Home values, on which property-tax revenues are based, have plunged to pennies on the dollar. Over the past decade, the Detroit schools weren't merely mismanaged. They were abandoned. (See pictures of Detroit's beautiful, horrible decline...
...worldwide ticket sales: at an estimated $1.836.1 billion, it's just $6 million behind Titanic's $1.842 billion. And it will reach that number tomorrow, unless the world ends tonight. Of course, there has been inflation in the past dozen years; Avatar still has to top Titanic's real-dollar domestic gross of $943.3 million, as adjusted by Box Office Mojo. (Another calculation has the real-dollar Titanic take at about $800 million.) Either way, though, Cameron's doing fine. (See the best movies, TV, books and theater of the decade...