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That's a reversal from the recent uptick. Traditionally a safe bet amid economic mayhem, the dollar climbed about 25% against the euro in the eight months to March this year; the unattractiveness of rival currencies only made it more appealing. But, says Derrick, "that drive seems to be shifting substantially." Sure, a hint of bleak economic data can still goose the greenback - the prospect of poor U.S. payroll figures for June, set for release Thursday, has helped boost the currency in recent days - but optimism in other assets is on the rise. Global equity markets, in particular those...

Author: /time Magazine | Title: Outlook for U.S. Dollar Darkens | 7/2/2009 | See Source »

...According to Cambridge Police Commissioner Robert C. Haas, there are approximately eight to ten shooting incidents in the City annually. But this year, as of last month, there have already been at least eight—seven of which occurred during the months of May and June...

Author: By Michelle L. Quach, CRIMSON STAFF WRITER | Title: Drug-Related Violence Prompts City Action | 7/1/2009 | See Source »

After decades in the Senate (where he was no slouch at snagging funds for his home state of Delaware), Biden knew his way around a rotten pork barrel. So he set up an in-house watchdog group, with a team that would grow to eight and a charge to keep the spending clean, quick and defensible. Economists will tell you that the most important part of a stimulus is getting the money into the economy fast, where it can replace lost consumer and business spending and keep people employed. But Biden's team knew that it's just as important...

Author: /time Magazine | Title: What Happened to the Stimulus? | 7/1/2009 | See Source »

...into the tens of thousands or more. Because of that, they say Morin's initial compensation fund of $14 million will probably have to be increased to nearly $100 million. Those groups also argue that the commission to hear radiation claims - which will be composed of a judge and eight doctors - should also include veteran representatives. "The past has shown us that experts designated by the state on this have often been less than independent from politicians in their decisions, which is why we want our representatives present on the compensation commission," says Pierre Marhic, president of the National Association...

Author: /time Magazine | Title: France Votes to Pay Nuclear-Testing Victims | 6/30/2009 | See Source »

...years. Founded in the town of the same name - by Ichizo Kobayashi, a locally born railway magnate who thought that lively entertainment would attract more tourists and thus increase rail traffic - the theater group now averages about 10 major productions a year, each with a lead time of about eight months. Faced with shrinking audiences and increased competition from all forms of digital entertainment, its producers are trying to make the shows more dazzling and singular than ever before...

Author: /time Magazine | Title: Takarazuka: Putting On the Glitz In Japanese Theater | 6/29/2009 | See Source »

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