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...this week that "excessive exchange rate moves are undesirable." But, in relative terms, the yen is not as weak as it was in 2004, when the government last intervened. Central bankers in Japan believe a rate of 100 yen to the dollar is not excessive appreciation but rather a form of normalization and adjustment. However, though the continuing weakness of the dollar stems from America's subprime crisis and is beyond Tokyo's effective control, its consequences on Japan's economy will be significant. Says Stuart Giles, director for Global Coverage Group at Credit Suisse Securities: "The prospect of Japan...
...There is no doubt that the U.S. needs an experienced Administration. However, the President's job is to form his executive team, then lead and inspire it as well as the nation. So the value of leadership skills outweighs that of experience. Given that Obama has managed to go from underfinanced outsider to the Democrats' front runner and leading fund-raiser, he evidently knows how to put together a great team and make it perform. That he has achieved that as a black man with a rather difficult surname suggests he can also overcome obstacles. Robert James-Herbert, Ruse...
...student-athletes will meet a minimum Academic Index standard. Harvard athletic programs such as women’s hockey, which has achieved No. 1 national rankings in five of its last 10 seasons despite the Academic Index constraints, have served as far better representatives of the University than any form of mediocrity...
...When new stars form, they have too much [mass],” says Alyssa A. Goodman, a professor of astronomy and director...
...really a form of SIV that made the species jump from chimpanzees to humans sometime in the last century,” he said...