Word: pounded
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...parties will flex their muscles if there's a hung Parliament. This raises the specter of political instability, gridlock and even a second general election within the year. Such an outcome could only exacerbate the economic turbulence that has contributed to the recent roller-coaster ride of the British pound. After a recent poll showed Labour and Conservatives running neck and neck, the pound plunged 2% against the dollar in a few hours. Britain clings to a nostalgic sense of its place in the world as a top-tier global economic power. It's still the world's sixth largest...
...Read "Pound Woes: Why Britain's Currency Is Falling...
...building will also include more individual breakout spaces to allow for student-to-student and professor-to-student interaction, McCrossan said. Though the current classrooms in Pound Hall will continued to be used, they may eventually be converted into office space...
...Pound Problems...
Uncertainty surrounding the upcoming general election and news that the nation's economy has further contracted have caused the British pound to decline 7.3% against the U.S. dollar this year, with most of the drop occurring within the past month. Worth almost $2 in 2008, the pound now sits just below...