Word: reals
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...bumster pants, which took low-rise jeans to a whole new low, he combined a gothic, almost romantic sensibility with a robust dose of street attitude. He was a master cutter, structuring garments to change the shape of the body, accentuating what he found sexiest. "There are very few real designers who have a craft, which is to say a sense of cut, proportion and tailoring," fellow British designer Paul Smith said in 2001. "Alexander...
...this kind of big-money speculation by hedge funds and private-equity funds generally beneficial, or can it exacerbate an already bad situation in the real economy, just as derivatives did in the case of the subprime-mortgage meltdown...
...euro and yen are this year's dollar, what's on the flip side of the smart carry trade for 2010? Last year the Brazilian real was a currency on fire, appreciating 35% on interest rates that started 2009 at an unsustainable 13.75%. It was a situation that threatened to suffocate the economy, forcing the government to intervene in currency markets, cut interest rates nearly 40% and impose new taxes on foreign investment. (See pictures of the global financial crisis...
...which Lévy is an editorial consultant, has already backed off the story. "It often happens, even in rigorous universities, that one is duped," a journalist for the paper wrote this week. "In the case of Bernard-Henri Lévy, the affair has risen to a real fracas." But for critics like Lancelin, Lévy shouldn't be able to get off that easy. "In fact, it was an inexplicable oversight," he says...
...city could recoup its investment if the developer sells enough million-dollar condos to Vancouver residents after the Olympics are over. That may have been a reasonable expectation in the real estate go-go days. Yes, the digs are nice, and the development has won kudos from environmentalists for the energy-efficient design of the complex, which has green roofs and will reuse rainwater, and for its easy access to public transportation. Metro Vancouver housing prices have rebounded from the worst recession lulls - year-over-year condo prices were up 15% in January - but it's still not the best...