Word: recording
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Dates: during 2000-2009
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...banks around the world to diversify their extensive U.S. dollar holdings. Steven Englander, chief U.S. currency strategist at Barclays Capital in New York City, figures that in the second quarter, dollars accounted for only 37% of new reserves accumulated by central banks worldwide. That's the lowest proportion on record for any quarter during which reserves increased significantly. At a time when many central banks are boosting their reserves, they are choosing to buy euro and yen instead. "Central banks are doing more than talking about reducing the concentration of [the U.S. dollar] in their reserve portfolios. They are actually...
...think it’s worth noting that, regardless of this tally of references in the news media, Harvard reported a record number of student applications this year, a record yield,” Galvin said. “We welcomed the most diverse freshman class in University history, and the teaching and groundbreaking research upon which its reputation rests continues to move forward...
...Korea and Iran, the Pentagon has continued to lower its recruiting standards to meet the ever-increasing demand for U.S. troops. Even so, the agency recently found that 75% of Americans ages 17 to 24 are ineligible to enlist - largely because of either a lack of education, a criminal record, poor fitness or all of the above. In the wake of the Pentagon's findings, nearly 100 retired and active-duty military commanders have launched "Mission: Readiness," a report on why America's youth needs to shape up if they want to ship out. (See TIME's photo essay...
Highlight Reel: 1. Why quality still trumps quantity: "In order to take in fewer young people who have a criminal record, are overweight, or have no high school degree, the Army has been spending about $22,000 per recruit in enlistment bonuses ... Even with a high school degree, many potential recruits still fail the Armed Forces Qualification Test (the AFQT) and cannot join. The test is used by the military to determine math and reading skills. About 30 percent of potential recruits with a high school degree take the test and fail it. ... Even when recruits qualify, health problems...
...record, thousands of individuals did take part in the official pro-government protests, located on Taleghani Street outside of the former U.S. embassy. On neighboring streets, TIME observed hundreds of parked buses that had brought in many of the attendants, including schoolchildren, from outside of Tehran. Young Iranians, separated into groups of boys and girls carrying Iranian flags, marched between the buses and chanted slogans against American power. Yet many of them seemed less interested in vehement denunciation of the U.S. than in taking a rare opportunity to glance furtively at the opposite sex. Nor was the annual political ritual...