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...biggest among nations with the 10 most traded currencies. Factor in the country's $350 billion sovereign wealth fund pumped full of the country's oil revenues, and the cost of insuring against government default in Norway - a key measure of a currency's safety - is the lowest of those countries. With Norway's output expected to shrink by a modest 1.2% this year, far less than in most of the world's leading economies, the krone, HSBC said, represents "the ultimate safe haven." (See pictures of the Top 10 scared traders...
...Commission insists that the proposed rules would not force winemakers to go down the blending route. Any producers who want to stick with the traditional methods can do so. But French winemakers fret that the rules will bring the entire sector down to the lowest common denominator. Their complaints echo other French wine battles fought over the years. These include ongoing efforts to protect their unique right to use the word champagne and their feud with Australian exporters who use wood chips as a shortcut for oak-barrel aging. (See pictures of how to make whisky...
...golf team enjoyed a fresh start with the beginning of spring season, defeating Lynn University Sunday at the Boca Woods Country Club in Boca Raton, Fla. Despite windy conditions, the Crimson walked away with a 309-325 victory. The squad dominated the course, posting the three lowest scoring rounds of the day. “This was a good way to start off,” senior Emily Balmert said. “The conditions were alright, and we all shot pretty well.” In addition to challenging the opposing field, the Crimson golfers also found themselves competing...
...their balance sheets were full of bad loans, and Japan entered a lost decade of stagnant economic growth. Nearly 20 years after its peak in December 1989, when the Nikkei index nearly hit 39,000, the stock market has never come close to recovering. The Nikkei recently touched its lowest point since...
...circulating H1 subtypes were resistant to the drug; this season, 98% of them are. Interestingly, the mutation does not appear to be driven by overuse of the drug. In fact, rates of oseltamivir resistance are higher in nations like Norway where there is little use of the drug, and lowest in countries like Japan where the antiviral is prescribed heavily...