Word: marchings
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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...
...words of Professor Amnon Rubinstein, a respected parliamentarian identified with the Israeli Left, in the Jerusalem Post, March 31, 2009: “The suffering of the people of Gaza is…[a] tragedy…[that] could disappear overnight if Gaza was governed by leaders who prefer life and peace to death...
...late April interview, Light said that the School began to respond to the crisis in March 2008 by cutting expenses and postponing several capital projects. But in the recent letter, he and Crispi wrote that it was not enough. Other cost-cutting measures that staff had suggested to avoid layoffs, such as furloughs and pay reductions, would also be too little, they said...
...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...
...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...