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...sent a chill through currency markets last week, apparently reversing the Bush Administration's "strong dollar policy" when he said he didn't see "anything troubling" in the dollar's plunge of 20% over the past year. The buck promptly hit a four-year low of $1.10 to the euro. And while Snow spent the next day scrambling to "reiterate my support for the strong dollar," it plumbed new lows throughout the week - pushed down by a huge 300,000 increase in U.S. unemployment during February. That's bad news for Europe's exporters, for whom the dollar's drop...

Author: /time Magazine | Title: Down To Earth With A Bump | 3/9/2003 | See Source »

...We’ve had a line out the door from day one,” Pappas says. “Lo Fat Know Fat has attracted everyone from bodybuilders to a Euro crowd, from people on Weight Watchers to the Atkins diet...

Author: By Matt J. Amato, CONTRIBUTINGWRITER | Title: Know It All | 3/6/2003 | See Source »

Rank and Bile Size matters, Brits crowed, when the U.K. overtook France in 1999 to become the world's fourth-biggest economy. But with the British pound down nearly 5% against the euro since January, and the U.K.'s ?1 trillion gross domestic product falling in value against France's GDP as a result, the French may soon be able to claim it was a grande illusion. If the pound falls less than 1% more, to 0.68 to the euro, France will again take the lead. To which Brits will surely reply, "It's really growth that counts...

Author: /time Magazine | Title: Bayer's Bitter Pill | 3/2/2003 | See Source »

Pravda 116 :: Understandably, it’s not quite the same as having throngs of freshman biddies show up right to your door, but Pravda 116 is a magnet for the super chic and Euro-hip women of Boston. In this time of frosty transatlantic relations, Pravda’s continental attitude is perfect for a club in which one out of three members respond “mais oui, la semaine dernière” to the question “have you showered recently...

Author: By Peter L. Hopkins, CRIMSON STAFF WRITER | Title: Places To Go, People to Spee | 2/27/2003 | See Source »

...months that ended Jan. 31, stocks in the U.S. fell an average 23%, while stocks in Europe fell 32%. But because the dollar weakened--down 20% against the euro--U.S. investors would have been better off in European stocks, which in dollar terms lost only 18%. What lies ahead? Forces that have been knocking down the dollar remain in place, notably a growing trade deficit and a run of terrible investment returns on dollar-based assets that are scaring foreign investors into keeping their money at home. Looking ahead a year, many pros believe the buck will...

Author: /time Magazine | Title: Global Investing: Float Your Bucks | 2/24/2003 | See Source »

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