Word: dollars
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Dates: during 2000-2009
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...some point this week, the Clint Eastwood drama will pass the $100 million mark, easily surpassing the box-office receipts brought in by not only some of the Oscar front-runners (Slumdog Millionaire now totals $56 million, Milk $21 million) but also Eastwood's last Oscar winner, Million Dollar Baby...
...having much fun. But we are. It's a Tom-and-Huck scenario: they paint the fence, while we watch and pretend to get tired. Grisham doesn't try to glamorize it - in fact he works very hard to de-glamorize the way corporate litigation is practiced at high-dollar New York firms - but somehow it has the opposite effect. You're peering into a secret world of power and money. What more could you or any red-blooded American ask for? (Read TIME's 10 Questions for John Grisham...
...Secretary Hank Paulson. That less confrontational setting was more likely to produce results on the currency issue than any forum that smacked of the U.S. putting Beijing on trial for "manipulation," the Bushies believed. In fact, over the past two years, the RMB did rise nearly 20% against the dollar. (Read "China's Trade Slump Worsens in December...
This is a fundamental misreading of the U.S.-China economic relationship. The Chinese RMB would go up in value relative to the dollar (exactly what some critics seek) if the Chinese did repatriate more of the money they earn via exports instead of reinvesting those dollars back into Treasuries. But the Chinese, despite some scary stories that have circulated to the contrary, show absolutely no sign of doing that. In November, the last month for which data is available, Beijing actually added $29 billion to its overall position in U.S. debt. (Beijing sold $9.2 billion of long-term U.S. Treasuries...
...Internet buff's lawyer and supporters, including many members of the opposition party, say the purported charge is erroneous because the government, led by the Grand National Party, did indeed ask for dollar buying to be reined in. They further allege that the move reflects a concerted effort by the current conservative government to suppress freedom of speech in cyberspace, especially if it is anti-government in nature. "It's back to the past" says Song Yong Gil, a member of the opposition Democratic Party...