Word: rafting
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...since "Cheers" said good-bye, a raft of new shows have taken up residence in the city...
...register a domain name? It's actually pretty easy--though a raft of companies is happy to do it for you for setup fees ranging from $100 to $250. Do-it-yourselfers should visit Network Solutions, which administers domain-name registration in the U.S., at rs.internic.net Click on the words "Register a domain name" and fill out the form. The cost? A mere $70 for two years...
MOSCOW: Russia's new $18 billion IMF deal comes loaded with a raft of economic strictures, and Boris Yeltsin knows that the Russian people are in for a long autumn of discontent. Time for a new top cop. TIME Moscow correspondent Andrew Meier says Yeltsin's sacking Sunday of his domestic security chief means the Russian president is intent on keeping his government young, strong and in firm control of the populace...
RECREATION Hiking, fly-fishing, an annual raft trip, golf, tennis and hanging out are all popular, but the most pressing activity is dealmaking (and posing for the annual Annie Leibovitz photo). The Disney/ABC merger originated after Eisner and Buffett met on a Sun Valley golf course. Any new deals at this year's conference? Stay tuned for the next few months...
...rewarding China for not devaluing is a bit like pleading with someone on a raft floating on gasoline not to light a match. A new round of devaluations would hurt Beijing just as much as its neighbors, since it would receive less foreign currency for its exports and might lose markets to countries whose currencies drop even faster than the renminbi. And it is not clear that the country would benefit from a devaluation. China's real problem is its domestic economy...