Word: dollarization
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...news flash is "asset." Thanks to the cash-for-clunkers program cooked up in Congress, our 2001 Honda Odyssey may actually be worth something - up to $4,500 if we trade it in on a new, more efficient vehicle. That works out to nearly a dollar per dent, scratch, stain and tear...
...September 6, 1996, something special was on the menu of the landmark Harlem eatery: A white, middle-aged man running for vice president on the Republican ticket was stumping for votes. "This is the color of the new civil-rights revolution - green," shouted Jack Kemp, waving a dollar bill and wearing a sweat-drenched white shirt, as he stood on top of a folding chair...
...With his dramatic plans to restructure Wall Street and Detroit, overhaul health care and create a clean-energy economy, Obama is certainly taking political risks, even if he hasn't gotten around to replacing the almighty dollar with some new, one-world currency the black-helicopter crowd keeps warning about. But it's not clear that the Republicans in their current incarnation would be a credible alternative if he falters. "We've got to be at least plausible, and I worry about that," says GOP lobbyist Ed Rogers. Republicans never really left the idea business, but Americans haven't been...
...South Korea's won helped the country attract 7% more tourists last year - a faster rise than any other Asian destination - and so far this year 50% more Japanese tourists have arrived. In Iceland, where the krona has fallen by 40% against the euro and 65% against the dollar since its three major banks collapsed last October, the nation is betting on increased arrivals: this summer IcelandAir will open up new routes to nine cities in Europe and North America. And Visit Britain, the official U.K. tourism body, is running a $2.6 million ad campaign urging foreigners to "see more...
...most contentious votes of the semester, the Undergraduate Council voted 15-13 in favor of initiating a capital fundraising campaign to purchase the multi-million dollar 45 Mount Auburn St. property...