Word: pounds
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Dates: during 2000-2009
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...weather the U.S. sub-prime crisis with relative aplomb. But, suddenly, something approaching panic has gripped the world's financial community. The headlines are grim. The U.S. housing slump is worsening. Banking giants such as Merrill Lynch and Citigroup are posting record losses. The U.S. dollar is getting pounded by the British pound - and virtually every other currency. Oil has run up as high as $98 per bbl., and gold - the traditional doomsday investment - has topped $800, its highest level since the early 1980s...
Such doubts are fueling a broader loss of faith in U.S. assets. Nowhere is this more pronounced than in the dollar's stunning decline. Since the start of 2006, it has plunged 24% against the euro and 18% against the British pound. But how big a problem is a weak dollar, and for whom? It might pain U.S. tourists shopping in cities like London or Paris. And it's a mounting worry for European and Asian manufacturers doing battle with U.S. exporters, whose products are made cheaper on the global market by a dwindling dollar. But for these U.S. manufacturers...
...months since he has continued to pound away on that point, adding to it his criticism of her refusal to apologize for her Iraq war vote (Edwards long ago asked for forgiveness on that same vote) and her support last month of a resolution calling on President Bush to label as terrorists the Iranian Revolutionary Guard Corps. He has also come out swinging on other policy matters - voicing his opposition this week to a bipartisan bill to limit greenhouse gas emissions, which he says doesn't go far enough, as well as to the Peru Free Trade Agreement before Congress...
...blackmail, sex, drugs - and a member of the British royal family. On Oct. 28, the Royal Blackmail Plot was splashed across the morning newspapers in the U.K., setting Britons spluttering into their porridge. Two men, according to these front-page reports, had been arrested last month after asking for £ 50,000 (about $100,000) in return for a video purporting to show a royal aide taking cocaine. Some accounts suggested that the video showed the royal engaged in a gay sex act with the aide; in tamer versions, the aide was said to have made claims about...
...abdication of Edward VIII after he decided to marry the American divorcé Wallis Simpson. However, the last known blackmail case involving a member of the royal family was successfully hushed up for many years. In 1891, the Duke of Clarence, son to King Edward VII, paid £ 200 to secure indiscreet letters he had sent to a prostitute. The case came to light only five years ago when a letter to his lawyer was sold at auction...