Word: reconstructionism
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The old global financial order is, well, old. Established in 1944 and named after the New Hampshire town where the agreements were drawn up, the Bretton Woods system created an international basis for exchanging one currency for another. It also led to the creation of the International Monetary Fund (IMF...
In an effort to free international trade and fund postwar reconstruction, the member states agreed to fix their exchange rates by tying their currencies to the U.S. dollar. American politicians, meanwhile, assured the rest of the world that its currency was dependable by linking the U.S. dollar to gold; $1...
Another renowned miniaturist, the Pakistani Muhammad Imran Qureshi, has contributed an installation entitled "Changing Times." In the pools of light coming through the exhibition venue's French windows, he has painted the delicate foliage common to traditional miniatures. They were executed at different moments of the day, indicating the passage...
The IMF has vowed to deliver financial relief to any developing country facing an emergency. The World Bank says it has roughly $27 billion ready to offer in loans through the International Bank for Development and Reconstruction. But with a global recession looming, no coordinated plan addressing the needs of...
3. On Mike Nichols' The Graduate: "A mess, a film that cries out for thorough reconstruction and critical debate. I think it's a cold, heartless entertainment, never more ruthless than when dumping charm on us...Still, for the moment it is said to be one of everybody's favorites...