Word: exchangee
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Spend some time in the hotels, restaurants and even newsstands of Western Europe these days, and as an American you understand pretty quickly that you're poorer than you once were. To be precise, you're 40% poorer--to go by the dollar-euro exchange rate--than you were six...
But the very prosperity that Bretton Woods enabled was its undoing. As Germany and France returned to the ranks of major economic powers, and Japan began its climb to get there, the exchange rates set up after the war and adjusted only slightly afterward made no sense anymore. Attempts to...
Exploring the entirety of this enormous market would take hours, but you will quickly home in on traditional Latvian delights like fragrant rye bread and piragi, a baked roll filled with bacon. In the meat pavilion, beef-carvers exchange banter while elsewhere honey vendors capitalize on Latvia's rich history...
Now the aircraft that flies like an airplane but takes off and lands like a chopper is about to make its combat debut in Iraq. It has been a long, strange trip: the V-22 has been 25 years in development, more than twice as long as the Apollo program...
Alan Baum, an analyst with the Planning Edge in Birmingham, Mich., said, that a strike over job security is likely to be the UAW's attempt to win concessions from GM in exchange for the union's acquiescence to parts of the health care financing agreement, embodied in the so...