Word: dollarize
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...played,” Cooper admitted.Out of all the players on the winning team, Kingston estimates that two or three had played the game before arriving at Harvard. He contrasts this with the current powerhouse rugby teams, who field teams comprised mainly seasoned rugby champs that practiced in multimillion-dollar facilities.The game itself has also evolved since 1984.“It was more of a gutsy and a hard hitting game versus the flowing and more technical game today,” Cooper said. “The bigger, tougher teams tended to win back then. That?...
...Geithner concluded his maiden journey to China as Treasury Secretary on Tuesday by meeting the two most powerful men in the nation that is the biggest creditor of the United States: President Hu Jintao and Prime Minister Wen Jiabao. The man whose name now graces dollar bills in the United States was, in effect, meeting his bankers. But if those two pressed the Treasury Secretary about whether their government's huge investments in the U.S. are safe - the way some of their colleagues "grilled" Fisher, Geithner's former colleague on the Federal Reserve Board - it's a secret. Indeed...
...while laying a foundation for even greater progress in the future - and for the international power that economic prowess can bring. Nationalist voices in the media are already framing the crisis as a transformational moment in China's rise and the decline of the U.S. "They've criticized the dollar and asked for a new global reserve currency. They've criticized the U.S. role in the International Monetary Fund," says Beijing-based China scholar Russell Leigh Moses. Premier Wen Jiabao recently pleaded with Washington to safeguard China's investment in U.S. bonds, which will decline in value if the dollar...
...consumers cut back on spending, the famed chef and author of Lidia's Italy zeroes in on one way to stretch your food dollar...
...Captain Crunch after discovering in 1972 that he could fool AT&T's network with the tone from a plastic whistle distributed with the breakfast cereal. Computer hacker Kevin Mitnick became a top target for the FBI for breaking into academic and corporate computer systems and causing millions of dollars in damage; after years eluding capture, he spent half a decade behind bars in the 1990s and was ordered to stay away from computers for three additional years. The "Melissa" and "I Love You" viruses of the late 1990s and early 2000s drew widespread attention to expanding cyberthreats and jump...