Word: dollarization
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...fact that Google's revenue grew at all is not only a sign that marketers have money. It is a sign that competitors are willing to bid against one another to get the best results. A bidding system makes the buyer take a risk that by paying top dollar he can get a reasonable return. When millions of customers are willing to participate in that system to create demand for their products, the economy may be crippled but it is not by any means dead...
...been publicly released yet. Until it is released, the faculty cannot vote on its recommendations. At the moment, the administration seems completely preoccupied with the College’s financial troubles. We understand and sympathize with this focus. But, while Ad Board reform will not save a dollar, let alone the $200 million needed to cover this year’s FAS deficit, this is one issue on which a marginal increase in attention from the administration and Faculty would result in considerable goodwill from students. After a year of budget cuts and somber news, this small investment of time...
...huge tree trunk with a few metal buckets strapped on. Maybe you picture workhorses slogging through the snow, a sleigh laden with tree sap in tow. Maybe there's a little wooden shack with a chimney emitting a plume of steam. What you might not picture are the dollar signs many are seeing around this surging agricultural commodity - maple syrup producers are celebrating high yields and record retail prices this year. (See the photo essay "A Movable Feast...
...this unwieldy border city, Oscar Rivera eyed a solemnly empty store of sombreros and ponchos. Amid a global recession and drug war that is terrifying American visitors, business has nose-dived, Rivera says, falling a staggering 85%, compared with last year. "I've made $2 today. That is one dollar for me and one for my assistant. How can we live on that?" he asks. "This is what President Barack Obama has got to look at when he comes to Mexico. We have got to work together with the United States to get out of this...
...Bureau's piracy-reporting center, in Kuala Lumpur, Malaysia. Filipinos comprise nearly half the captives; a majority of the rest are from India, with smaller numbers from other South and Southeast Asian countries. In all these countries, sailing is seen as a tough but lucrative profession that fetches handsome dollar incomes relative to the amount of education required. Even amid the present economic gloom, officers' salaries have not plunged due to a shortage of qualified people. Indians and Filipinos are most in demand on international vessels because they speak English. But many Indian seafarers are now refusing...