Word: fasted
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...sterling's losing its shine. In the past year, the U.K. currency has lost about a fifth of its value against the euro, the currency used in much of the rest of Europe, and 30% against the dollar. Causes aren't hard to come by. Worries over Britain's fast-shrinking economy, plunging interest rates, a wobbly banking sector and creaking government finances have driven traders to dump the pound. "I would urge you to sell any sterling you might have," Jim Rogers, once a business partner of George Soros and now chairman of a Singapore investment company, told Bloomberg...
...economic stimulus bill which should get to the president's desk in a month is meant to save or create 3 million to 4 million jobs over the next 2 years. That is impossible. The unemployment hole is getting too big too fast...
...cuts and rebates are not incentives, at least in an economy that is sinking this fast. The money takes too long to get from the government to the business operator. The system needs something more direct...
...Blodgett Pool. “I think we did really well, especially coming off of exams, because exams take a lot out of you mentally and physically,” sophomore Kate Mills said. “It was great to see us come out there, swim fast times, and swim like a team.”Mills led the way once again with two individual wins, while Harvard’s talented crop of freshmen and sophomores provided the depth to overcome the Bears.The Crimson started the meet with a bang, sweeping the top three places...
...Fast Facts...