Word: recentering
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Apple's much anticipated iPad release later this month will overshadow Google's recent stealthy acquisitions. But as social networking, cloud computing and phone applications loom ever larger, Google's purchases may add up to equally significant impact...
After years of watching Europe's single currency appreciate against the U.S. dollar, European companies are rubbing their hands at the sales boost they should get from the euro's 10% decline against the greenback in recent weeks - a slide that may not yet be over. "After so much protest about the strong euro, I know there are big French exporters out there who aren't unhappy seeing it where it is now," French Economy Minister Christine Lagarde told Europe 1 radio in late February, just days before the euro's exchange rate to the dollar dropped another cent...
...anemic 0.1%. But it would have been far worse had euro-zone exports not surged 1.7%. Domestic consumer spending - which has been the main growth motor in Europe over the past year - was virtually flat, while business investment dropped 0.8%. That export activity occurred prior to the recent drop in the euro's value against the dollar. Given that fall, many European exporters hope their increasingly affordable products will start flying off shelves. The reason: beyond its recent drop, some analysts expect the euro to weaken further as markets - assuming that Greece's apparently successful bond issue this week signaled...
Every day, we try to bring you news worth reading, but now we're going to try to give you news that you can drink. Every week, a local mixologist from a local bar or pub will put together a drink that they think represents a recent campus news item...
...account," University of Sheffield journalism lecturer Herman Wasserman says. "[It has] created a robust debate about him, which has caused his approval to be at a low point at the moment." Raymond Louw, editor and publisher of the Southern Africa Report, a South Africa-based weekly, believes Zuma's recent behavior in some ways merits the crude treatment by the press. Last month, for instance, Zuma admitted to fathering a child out of wedlock, causing a national outcry. "The way they portrayed Zuma was rather extreme but I can understand why there would be a certain amount of criticism...