Word: holdings
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Dates: during 2000-2009
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...recent Canton Trade Fair, a major showcase for China's manufacturers, that the "basic stability" of the yuan exchange rate needed to be maintained so exporters can have a predictable business environment. Another source of stability is the difficulty central banks have disposing of dollars they already hold. Dumping dollars on world markets would only depress its value further, undermining nations' own reserves. "Central banks will continue to get out of dollars on the margins, but they don't want to be seen selling dollars hand over fist," Englander says. Besides, with economies weak and interest rates at low levels...
...make her a memorable Secretary of State. She brings a vision of departmental reform - the need to elevate foreign aid programs to the same status and rigorous scrutiny as diplomacy - that could change striped pants into chinos in the developing world. She is also the first elected politician to hold the office since Edmund Muskie briefly did during the Carter Administration, which has enabled her to better understand and interact with the politicians who run places like Afghanistan and Pakistan. But most important, she is an international celebrity with a much higher profile than any of her recent predecessors...
...move a semicolon to block your comma. The result is almost always the same: gridlock. The breakthroughs, when they come, emanate from others. Walter Cronkite asks Anwar Sadat if he'd be willing to go to Jerusalem ... and Sadat, to everyone's surprise, says yes. The Israelis and Palestinians hold secret meetings in Oslo and reach what appears to be a breakthrough - they're talking! - which then becomes another dead...
...election limbo allows Karzai and his Western partners to move forward. In three weeks, he will announce his cabinet choices and begin work on important security, economic and governance issues that had been put on hold during the election. And that will also provide an opportunity for the Obama Administration to use the leverage offered by Afghanistan's security and economic dependency to press Karzai to do better. "If we can start pressuring him to start cracking down on high-profile criminals and drug traffickers to show that he actually cares about rule of law, then he starts gaining legitimacy...
...secularism has an unofficial capital: Strasbourg, France. Over the past decade, the quaint city of 273,000 near the German border - home to the European Parliament and other key international bodies - has been the site of a series of repeated slap-downs to those who are fighting to hold on to the Old Continent's fading religious impulses...