Word: dollarization
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There is none--but one may soon be needed. That's because India, which virtually invented offshore outsourcing, is becoming a victim of its own success. Such companies as Infosys, Wipro and Tata Consultancy Services (TCS) grew into billion-dollar behemoths by tapping armies of quick-coding, English-speaking, low-wage techies to do the software programming and back-office tasks that U.S. companies used to perform in-house. But Indian salaries are rising--the median annual wage for a software engineer jumped 11%, from $6,313 in 2004 to $7,010 in 2005, according to India's National Association...
...piece Croesus Treasures still missing. But one of the men arrested in the plot is the same man who was hailed in 1993 as a hero for bringing back the collection (dating from 560 to 546 B.C.) from New York's Metropolitan Museum of Art after a lengthy, multimillion-dollar legal battle. Turkish curator Kazim Akbiyikoglu, along with six others, was arrested for stealing the famous Croesus gold brooch (shaped like a seahorse) and several coins and replacing them with well-crafted fakes...
...Michael raises money for the group. In 1998 it purchased the Reagans' old ranch near Santa Barbara, Calif., and now brings 1,000 students there every year to bask in Reaganiana (look in the bathroom for the Liberty Bell showerhead) and study conservative thought at a multimillion-dollar conference center nearby...
...Look, there are seven kinds of apples here, but there's no one to give you a sliver so you know which one you'll like. Also fruits and vegetables are perceived as expensive. But a USDA report found you could eat five servings a day for under a dollar. I didn't believe it until I tried...
...meat. But now that they have nothing to prove, they're reverting to August, as are two Vermont groups. Why make the effort at all? McGovern says she feels powerless to fight the globalization of the food supply, "But locally, I can vote with my food dollar three times a day--breakfast, lunch and dinner...