Word: dollarization
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...ideas about conservation to the Chinese population," says Erh. It's not yet a lost cause, adds Johnston, noting that an increasing number of Shanghainese are finally recognizing the value of the more mature buildings in their midst-not least because foreign professionals are willing to pay top dollar to rent them. "Perhaps purely economic incentives might actually save old Shanghai yet," she says...
...Years a dollar coin can circulate, compared with 18 to 22 months for a dollar bill...
...behind. Plagued by poverty and unemployment, the Philippines has exported about 8 million workers, the vast majority of whom are women. In the first half of last year, these mothers, sisters and daughters sent home more than $8 billion in remittances, roughly 10% of the country's GDP. That dollar figure is expected to double by 2010 and doesn't include probably another couple billion in cash brought by suitcase. "I have two sons. My heart is broken to leave them," one amah, Ana Tellez, told me. "But there is no work at home. We'd starve if I wasn...
...business or government: full speed ahead from the pages of The New York Times to Cambridge, Massachusetts! And all the better if the new president has a gimmick, for these are the sort of kids who were utterly delighted when former University President Lawrence H. Summers would autograph their dollar bills beneath his signature as Secretary of the Treasury. Thank goodness Harvard doesn’t work like that, at least not all the time. It remains an academic institution, however inconvenient or archaic that may seem to these “disappointed” few. No institution (particularly...
...dialogue in the video will make your ears bleed. Written by Nick Cassavetes, the director of “The Notebook” and “Alpha Dog,” everyone’s lines seem straight out of a romance novel you find in the dollar bin, but it’s all in wholesome, pulp fun. Throughout, Johansson seems very conscious of the fame that got her this gig. Fueling the rumors of a made-in-tabloid-heaven romance, the two definitely have chemistry, but then again, what man wouldn’t with Hasty Pudding?...