Word: papers
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...five best-selling novels in Japan in 2007 belonged to an entirely new literary form called keitai shosetsu: novels written, and read, on cell phones. Compared with the time and cost of replicating a digital file and shipping it around the world--i.e., zero and nothing--printing books on paper feels a little Paleolithic. (See 25 must-have travel gadgets...
...speaking of advances, books are also leaving behind another kind of paper: money. Those cell-phone novels are generally written by amateurs and posted on free community websites, by the hundreds of thousands, with no expectation of payment. For the first time in modern history, novels are becoming detached from dollars. They're circulating outside the economy that spawned them...
...dollars will not be nearly enough capital to solve a legion of problems. There is no need to guess where the first trillion or second trillion comes from. The federal government prints it, selling it off as Treasury debt. Fortunately, there are not signs that the appetite for this paper is anywhere close to being satisfied. In a world facing economic ruin sometimes the best investment is the least...
...According to The New York Times, Slim will put $250 million into NYT, the paper's parent. "Under the terms of the deal, Mr. Slim, who already owns 6.9% of the Times Company, would invest $250 million in the form of six-year notes with warrants that are convertible into common shares...
...year-old Chechen woman in 2000. Anastasia Baburova, 25, a freelance journalist for Novaya Gazeta, a newspaper covering the Budanov case, was also shot as she walked with Markelov; she later died of her wounds in the hospital, said Dmitry Muratov, editor in chief of the paper...