Word: dollarized
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...cites the "paradox" that women are still unhappy, even with all their current "equality." Then it states that the poll showed women often contribute to household income yet take on more of the responsibilities for the household, children and sick or elderly parents, while earning 77 cents on the dollar compared with men. Maybe there's a correlation. Missy L. Haney, LEESVILLE...
Since March, the dollar has lost about 15% of its value against the world's other major currencies. That's a dull way to put it, though, so you're more likely to read or hear that the greenback is "wobbling," "slumping," "plunging" or even "collapsing." Marc Faber, a Hong Kong-based investment guru with a flair for the dramatic, went so far as to declare in a TV interview a few weeks ago that the U.S. currency was on its way "to a value of exactly zero...
...string of success stories has transformed a design scene once considered frivolous - back when banking was choice - into one of the few sectors driving Iceland out of its economic quagmire. In September, the Ministry of Industry bestowed its first million-dollar grant to a fashion house, Andersen & Lauth. The company's creative director, Gunnar Hilmarsson, was also recently crowned chairman of the year-and-a-half-old Design Centre. Although it was created before the crash, Hilmarsson explains that the center - which is a government-sponsored platform for exhibitions and seminars - took on a new life once the money disappeared...
...love affair with his thesaurus that is torrid enough to rival John Banville or Salman Rushdie. “Gravid,” “photopic,” “calcareous,” “neurasthenia”: there is no shortage of ten-dollar words in this book, which can read at times like a combination of medical dictionary and arcane nautical treatise. Alexander provides a glossary at the end, but this covers only the most obscure and technical areas of his vocabulary. As overbearing and unnecessary as his lexical tendencies...
...Timothy Geithner, the Treasury Secretary. Geithner has personal history in Asia, having studied China and Japan in college and graduate school before shifting to economics, eventually rising to become Under Secretary of the Treasury for International Affairs in Clinton's second term. As the Bush Administration did throughout the dollar's slide, Geithner recently declared the importance of a strong dollar, even as it has continued to fall. Asian countries have huge dollar reserves and are skittish about the future of their holdings. Obama will attempt to bolster their belief in the currency's stability...