Word: kroner
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Dates: during 2010-2019
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...invest it in another with higher interest rates and where the currency may be appreciating. Last year a plunging dollar and the Fed's decision to slash rates made the U.S. currency ideal for funding carry trades. For example, selling the U.S. dollar to buy Australian dollars, Norwegian kroner and Brazilian reals yielded returns in excess...
...saying that some Somalis feel as if they're being pushed out by the Danish People's Party, which has succeeded in passing several harsh immigration laws in recent years with the help of allies in Parliament. Last fall, a proposal was passed to pay "antisocial" foreigners 100,000 kroner ($19,000) to leave Denmark and give up their residency rights. The group is now discussing whether to try to ban minarets on mosques. "Some [Somalis] who do not have any education can feel rejected and can be too easily tempted by radical groups," Artan says. "These people might...