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...Because all of these countries are growing more robustly than the U.S., their interest rates are higher, thus creating a short-term opportunity for traders. Here's how it works with a currency like the Indonesian rupiah: the six-month London Interbank Offer Rate (or LIBOR, the benchmark for U.S. dollar borrowing), is now hovering at slightly less than 1%. That rock-bottom rate stands in stark contrast to the 6.5-7% rate of interest one can get from a short-term money market bill in Indonesia, where the 5-year government bond currently yields roughly 9%. The wide...

Author: /time Magazine | Title: Who Loves the Weak Dollar? Currency Traders | 9/30/2009 | See Source »

...really enjoy optimal health status at age 70 or higher, women should keep a healthy body weight since very young adulthood and maintain that,” said Sun, whose research was inspired by a similar study on male Japanese-Americans in Hawaii. He said he wanted to see if the same trend appeared in women given that they live longer than men and they have a higher Body Mass Index...

Author: By Xi Yu, CONTRIBUTING WRITER | Title: Findings Focus On Sustaining Weight | 9/30/2009 | See Source »

...Young people in other countries are going to school 25, 30 percent longer than our students here,” Duncan pointed out to the AP. Many studies indicate that it is during this prolonged summer that the gap between the performance of higher- and lower-income students widens most significantly...

Author: By The Crimson Staff | Title: More is More | 9/30/2009 | See Source »

...author of one such study, points out that “disadvantaged kids’ test scores improve at pretty comparable rates during the school year...But over the summer they fall behind.” Alexander went on to suggest that the disparity between the kind of environments higher- and lower-income students are exposed to over the summer is primarily responsible for this phenomenon. Higher-income students, he posited, are more likely to be exposed to such enriching experiences as private lessons, computers, newspapers, magazines, libraries, museums, having their parents read to them, and the like. The study...

Author: By The Crimson Staff | Title: More is More | 9/30/2009 | See Source »

...where industry and real estate bloomed as its population surged - by 68% between 1980 and 2000 alone, according to the Washington State Department of Transportation. Some 350,000 people are estimated to live in the Green River Valley. Last January, because of torrential rains, the river rose 10 ft. higher than it ever had before and severely damaged the dam. This winter, with the likelihood of just as much rain, there will be some 35,000 residents in danger. If authorities try to make do with the crippled dam and it fails, "you're talking about a biblical wall...

Author: /time Magazine | Title: Washington's Green River Prepares for a Flood | 9/30/2009 | See Source »

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