Word: exchangee
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It's a remarkable achievement for a currency whose only global rival is the U.S. dollar. The greenback has more than two centuries of history behind it. But it wasn't until Jan. 1, 1999 that 11 E.U. countries locked their national currencies together into a fixed exchange rate. Three...
European Commission president José Manuel Barroso credits the euro for delivering lower inflation, lower interest rates and greater price stability, and helping to create 16 million jobs. More immediately, the euro is shielding member states in this time of economic turmoil, preventing a currency crisis in addition to the...
The usual way to test the economic pulse in a downturn is to go for a stroll down Main Street. Perhaps we should take to the high seas instead. There may be no better measure of the reach, depth and potential duration of the global economic slowdown than the fast...
So Dr. Rutger Ploeg, professor of surgery at the University Medical Center of Groningen in the Netherlands, set up a trial involving patients from the international organ exchange group called Eurotransplant. Researchers procured a pair of kidneys from 336 deceased donors and, within 24 hours, placed one from each pair...
In October, Hanoi opened a new government arm called the Administration Agency for Radio, Television and Electronics Information, ostensibly to regulate Internet usage and monitor Vietnam's online users, which are predicted to increase from about 20 million today to 30 million by 2010. "Vietnam like China realizes the importance...