Word: havener
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...trade," says JPMorgan Chase's Sasaki, referring to the practice of buying low-interest yen and investing it in high-yield currencies. "It's a very strong and powerful movement and it's difficult to stop it. I think that Japanese officials understand that and that's why they haven't intervened...
Last-Minute Meals. New Year's is just around the corner, but if you haven't booked a special table yet, not to worry: The online restaurant reservation service OpenTable.com says there are still a few deals out there. New York City's Aureole is doing an early seating with a prix fixe starting at $95 per person; San Francisco's Andalu has a three-course menu for $49; the dinner at Catch in L.A. includes dancing and a balloon drop at midnight for $170; and Zaytina in Washington, D.C., has unlimited meze...
...would be one thing if Republicans were listening to me and going down in flames, but they're not, and they haven't for the longest time.' Talk-show host RUSH LIMBAUGH, calling Powell's argument "incoherent" and accusing him of being a "turncoat" for supporting President-elect Barack Obama...
...warming legislation to catch up with ongoing international climate negotiations, which are headed for a major deadline next December in Copenhagen. The longest-serving chief in the EPA's admittedly brief history (the agency was established in 1970), Browner earned a tough reputation during the Clinton Administration. Industry advocates haven't forgotten, blanching at her appointment - Myron Ebell, director of energy and global-warming policy at the conservative Competitive Enterprise Institute, called it a "most unfortunate decision" - but Browner's steel backbone will be needed to corral the many federal departments involved in climate-change action. "I think [the appointment...
...Somalia has overtaken Nigeria as a piracy problem spot, as it claims the title of Ultimate Failed State. It is a haven for Islamic terrorists, currently poised to take Mogadishu and already expanding their operations to neighboring states (for example, killing more than 30 people with five car and suicide bombs at U.N. and foreign government buildings in the autonomous northern regions of Puntland and Somaliland); a departure point for hundreds of thousands of refugees (a refugee camp over the border in Kenya is now the biggest in the world); a center for human trafficking to the Middle East...