Word: huge
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...countless courtyards, he stops off to admire handmade surfboards in a store, and then heads to his favorite café where a Korean barista makes him a cappuccino that meets his Italian standards. Berlin is "a place for new beginnings," Grazioli says. "Being in an unfinished place has a huge impact on you. In Milan I wouldn't have allowed myself to do something...
...Administration, even bigger deficits brought on by the financial crisis and President Obama's efforts to stimulate the economy, plus looming shortfalls related to Social Security and Medicare will add up to economy-straining debts a few years from now - barring major changes in fiscal policy or a huge economic boom. (Read "Is the Dollar Dying a Slow Death...
...problem is that after a decade of strong growth in China in particular, we now have an unbalanced system in which the dollar is overvalued against the Chinese yuan (among other emerging-market currencies). That has contributed to big U.S. trade deficits and, as China built up a huge stash of dollars it needed to put somewhere, to the credit bubble that precipitated the financial crisis. There's widespread agreement that this setup has to change but little agreement about how to change it. Which is a risky situation...
...been really tough this year. Last year we got a huge grant from Macy’s, and this year they have been really helpful, but they just couldn’t give us the grant. We really had to re-evaluate the show and decide what to keep. As a result we cut our budget so much that we’ll probably raise double what we did last year... We’re getting the space [in Northwest Labs] for a steal, but it was somewhere we always wanted to do in spite of the budget cuts...
...shifting to economics, eventually rising to become Under Secretary of the Treasury for International Affairs in Clinton's second term. As the Bush Administration did throughout the dollar's slide, Geithner recently declared the importance of a strong dollar, even as it has continued to fall. Asian countries have huge dollar reserves and are skittish about the future of their holdings. Obama will attempt to bolster their belief in the currency's stability...