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...quick replacement of the dollar as the world's No. 1 currency doesn't seem likely either. Statistics from the IMF show that the percentage of global currency reserves held in dollars has been declining in recent years - but only marginally. Dollars accounted for 64% of the world's currency reserves at the end of 2008, down from 67% three years earlier. There remains great incentive for countries with large dollar reserves, like China and Japan, to continue to invest in dollar assets to preserve the value of their holdings. Besides, replacing the dollar would demand a level of cooperation...

Author: /time Magazine | Title: Is the Almighty Dollar Doomed? | 4/6/2009 | See Source »

...Stack-Babich’s] swing, he’s not muscling, it’s just nice and quick,” Walsh added...

Author: By Emily W. Cunningham, CRIMSON STAFF WRITER | Title: ATHLETE OF THE WEEK: Slugger Delivers in Huge Weekend | 4/6/2009 | See Source »

...scoreless in the seventh and eighth innings, and Princeton trailed by four heading into the ninth. The Tigers’ Dan DeGeorge led off the ninth inning with a home run, but rookie reliever Jonah Klees, who had entered the game for Zailskas with two outs in the sixth, quickly retired the next two batters. But Klees then walked the following two hitters and was relieved by Stack-Babich.The game’s eventual hero, though, was almost its goat, allowing the Tigers to climb all the way back and even the score.Harvard went down in order in the frame?...

Author: By Zachary H. Richner, CRIMSON STAFF WRITER | Title: Marathon nightcap ends on Stack-Babich single | 4/6/2009 | See Source »

...said. At the beginning of the second half, the Cavaliers came out characteristically strong, scoring a goal right away. Clark recovered with a nice save by blocking an eight-meter shot when a foul was committed in Crimson territory, and UVA was awarded free position. But after yet another quick counter by the Cavaliers, Virginia scored another goal. Despite being down by seven, the Crimson continued to play with the Cavaliers, winning draw controls and working to keep possession of the ball. “We were down, 10-3, at one point in the second half, and we could...

Author: By Kerry E. Kartsonis, CONTRIBUTING WRITER | Title: Harvard Fails To Close Gap in Loss to Virginia | 4/5/2009 | See Source »

...Cohn, the mean-spirited conservative lawyer in denial about his homosexuality and AIDS affliction. Roy is not a likeable character, and when the veins in his neck are prominent and his hoarseness palpable, Glaser makes him seem like the devil. From obnoxiously loud eating habits to a quick instinct to stand upright after being shoved, Glaser adds touching subtleties that flesh out the height of Roy’s Napoleon complex. The unraveling of the Pitts, the play’s Morman heterosexual couple, is perhaps not as powerfully presented as the story of Louis and Prior...

Author: By Victoria J. Benjamin, CONTRIBUTING WRITER | Title: Spiritual and Moving, ‘Angels’ Transcends Clichés | 4/5/2009 | See Source »

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