Word: dollars
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Dates: during 2000-2009
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...outgoing chair of the 23-campus 450,000-student California State University system, warns, "California is on the verge of destroying the system [of higher education] that once made this state great." Disinvesting in higher education is an economic mistake says the UC Berkeley law school graduate, "For every dollar the state invests in a CSU student, it receives $4.41 in return...
...special role in the global marketplace. One week later, it's becoming clear the country may be special for another reason. While much of the rest of the planet frets about a coming rise in inflation - a consequence of economic recovery, massive stimulus spending and a weakening dollar - Japan faces the opposite problem: a potentially devastating bout of deflation...
...falling by 2.5%, wages falling by about 2.0%, winter bonuses falling by about 14%, and the Nikkei (stock market index) going down," he says. "All the growth we're seeing is because of arithmetic." Complicating matters is the strength of the Japanese yen, which has gained 6% on the dollar in the last three months. Prices generally decline in a strong currency environment; a rising yen cuts into Japanese firms' corporate profits and margins and makes companies less competitive abroad...
...that reservation may have had something to do with Karzai's two Vice Presidents also being sworn in, Mohammad Qasim Fahim and Karim Khalili. Both have been accused by Afghan civil-society groups of egregious human-rights abuses, and one has been closely linked to Afghanistan's multibillion-dollar drug trade. In the audience was Karzai's close supporter, former warlord General Abdul Rashid Dostum, who has been accused of massacring thousands of Taliban prisoners in 2001, soon after the U.S.'s arrival. Even if Karzai is committed to cracking down on corruption and strengthening the rule...
That doesn't keep drugmakers from trying to develop a treatment, seduced by the prospect of a multibillion-dollar blockbuster that could be even bigger than Viagra and its competitors combined. At a European conference for sexual medicine on Monday, a German pharmaceutical company presented results from a pivotal phase III clinical trial in North America and announced that it had found a drug that works. "We saw an increase in sexually satisfying events, an increase in desire and a decrease in distress. When we look at this against a backdrop of a common and distressing problem that affects...