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Word: marching (lookup in dictionary) (lookup stats)
Dates: during 2000-2009
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Heading abroad from the U.S. this summer? Consider packing a few extra dollars. Since early March, the greenback has fallen 11% against the euro and 17% against Britain's pound as investors who had sought out the dollar as a safe haven during the worst of the crisis now head for riskier assets. Throw in concerns over the U.S.'s spiraling deficit and calls from China for an alternative reserve currency, and "the likelihood is the dollar's going to remain under pressure," says Simon Derrick, head of currency research at Bank of New York Mellon in London...

Author: /time Magazine | Title: Outlook for U.S. Dollar Darkens | 7/2/2009 | See Source »

That's a reversal from the recent uptick. Traditionally a safe bet amid economic mayhem, the dollar climbed about 25% against the euro in the eight months to March this year; the unattractiveness of rival currencies only made it more appealing. But, says Derrick, "that drive seems to be shifting substantially." Sure, a hint of bleak economic data can still goose the greenback - the prospect of poor U.S. payroll figures for June, set for release Thursday, has helped boost the currency in recent days - but optimism in other assets is on the rise. Global equity markets, in particular those...

Author: /time Magazine | Title: Outlook for U.S. Dollar Darkens | 7/2/2009 | See Source »

...Federal Reserve could simply resort to printing more money, further flooding the markets with dollars. While the central bank said on June 24 that it had no plans to expand its purchase of government or mortgage bonds beyond the $1.2 trillion earmarked for the purpose in March, not everyone is convinced. "There is always the nagging concern that if this is just a dead cat bounce in the equity markets and we have a further rocky ride in the second half of this year," says Derrick, "then a second round of fiscal spending programs may have to be introduced." (Read...

Author: /time Magazine | Title: Outlook for U.S. Dollar Darkens | 7/2/2009 | See Source »

...temporary replacement for former Law School Dean Elena Kagan, who stepped down after being confirmed as U.S. Solicitor General, Jackson took an unusually active role in shaping the Law School during his brief three month deanship. Kagan departed in March without making any budgetary announcements to the Law School community, and due to the tight budget approval timeline, the decision fell to Jackson to move forward with involuntary workforce cuts...

Author: By Athena Y. Jiang, CRIMSON STAFF WRITER | Title: Law School Lays Off 12 | 7/1/2009 | See Source »

...Have Ben Bernanke's green shoots magically turned into tropical forests overnight? Hardly. There may be some justification for how stock-market indexes in the U.S. and Hong Kong have soared from their lows in March, when it seemed the global economy was sliding off a cliff. But this incipient IPO mania is a different story. Investors are bidding up the stocks of Chinese companies not because their shares had been unfairly pummeled, but because of expectations for future growth that...

Author: /time Magazine | Title: Is a China Stock Bubble Forming? | 7/1/2009 | See Source »

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