Word: dollarized
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...good ideas. The drive to go green, so strong today, could rapidly lose momentum if oil prices were to drop significantly, and it hasn't escaped notice that clean tech has yet to produce a bank-breaking success like Netscape, which made Kleiner Perkins a fortune. "Everybody with a dollar thinks they're a clean-tech investor now," says Foundation Capital's Grosser. "A ton of people could lose a lot of money on solar or biofuels." But defenders point out that the burgeoning energy needs of China and India mean that oil prices are unlikely to fall to previous...
...track nature of the program is to allow for the expression of different modes of innovation, organizers said. “We are hoping for a broad spectrum of interests to apply,” Segal said. “Not all entrepreneurs are simply looking to start multimillion-dollar businesses, and the purpose of I^3 is to encourage innovation across every discipline.” Daniel “Zak” Tanjeloff ’08, the winner of last year’s Entrepreneurship Forum business competition, said he was excited to see entrepreneurship be emphasized...
...Salt Lake City Olympic Games. As expected, Romney transformed a $379 million deficit into a $56 million surplus. He also set an example. Foregoing a salary, Romney cut the fancy meals and expensive trips. He infamously served his executives pizza on paper plates—and charged them a dollar a slice. Pledging to strip government officials convicted of felonies of their pensions and to prohibit senior staff members’ relatives from lobbying the executive branch, a President Romney could polish the GOP’s tarnished ethics...
...This is a billion dollar project and it ought to come with a large infusion of support into our community,” said Harvard Allston Task Force member Brent Whelan. “Harvard has the resources...
...arrived in Paris this September, he didn’t expect the sharp difference in prices. “There was definitely a [price] sticker shock,” he said. “I was not totally prepared.” In the past year, the dollar has fallen by 5 percent against the pound and 10 percent against the euro, hitting record lows. At press time, one euro was worth 1.46 dollars, according to the Bloomberg currency exchange. Students abroad this term made their decision to leave last March, when the outlook wasn’t quite...