Word: havener
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Heading abroad from the U.S. this summer? Consider packing a few extra dollars. Since early March, the greenback has fallen 11% against the euro and 17% against Britain's pound as investors who had sought out the dollar as a safe haven during the worst of the crisis now head for riskier assets. Throw in concerns over the U.S.'s spiraling deficit and calls from China for an alternative reserve currency, and "the likelihood is the dollar's going to remain under pressure," says Simon Derrick, head of currency research at Bank of New York Mellon in London...
...five years since Jed Dorfman has been running Camp Walt Whitman, a posh haven complete with waterskiing and private boats in Piermont, N.H., that charges as much as $9,450 for a seven-week stay, he has had to work out payment plans and extend deadlines to help one or two families. Until this year, that is. A few months ago, with the enrollment deadline fast approaching, he called the families of several kids who had been coming to camp for years but hadn't signed up yet for 2009. He heard details about grandparents who had footed the bill...
...living there with mother and child - he might be able to give his child the boon of fatherhood without having to tie the knot. But that rarely happens. When children are born into a co-habiting, unmarried relationship, says Rector, "they arrive in a family in which the principals haven't resolved their most basic issues," including those of sexual fidelity and how to share responsibilities. Let a little stress enter the picture - and what is more stressful than a baby? - and things start to fall apart. The new mother starts to make wifelike demands on the man, and without...
...over what to do about it. Democratic lawmakers have proposed cutting billions of dollars from the state's safety net and educational system to balance the budget. Governor Schwarzenegger says the cuts must go even deeper and joins legislative Republicans in refusing to raise taxes. On Wednesday, Schwarzenegger said, "Haven't we promised too much the last couple of decades?" (See pictures of the recession...
...firecracker, confusing it with a grenade. "You come back and can't get the images out of your mind," Guna says. "After I saw that, I was so much more active in organizing campaigns. We have no control of Sri Lanka's government and its corruption, but we haven't just washed our hands. We're determined...