Word: federales
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This May, Barack Obama will deliver his first commencement address as president. He will not journey to West Point, as Bill Clinton did for his first such oration, to prove his patriotic gratitude for the men in uniform. Nor will he return, a devoted and loyal son, to one of...
Largely left out, however, is the vital role that trade balances played in igniting the crisis in the first place. Since the late 1990s, the U.S. has been spending far more than it has earned, sending huge sums of capital overseas, a dynamic measured as the current account deficit. This...
Class Day speakers in recent years have run the gamut from policymakers, including Federal Reserve Chairman Ben Bernanke and former President Bill Clinton, to entertainers, such as Seth MacFarlane, the creator of hit television show "Family Guy," and comedians Al Franken '73 and Conan O'Brien '85.
Across America, 15,000 primates serve human masters as exotic pets. Only 20 states prohibit the practice, and there is no federal law against it. Given that primates often live beyond 50 years of age, many of these simian pets will be resold repeatedly, journeying in airplane holds across the...
The towers of Dubai have been hardest hit. The large foreign banks that had been financing Dubai's real estate boom have pulled out, leaving behind a significant burden on local banks, who have turned to the U.A.E. government for help shoring up their liquidity. To date, approximately $15 billion...