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Word: richarde (lookup in dictionary) (lookup stats)
Dates: during 2000-2009
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SDRs were created to supplement the Bretton Woods currency regime, which was built around a dollar linked to gold. After President Richard Nixon decoupled the dollar from gold in 1971 and allowed it to float freely in currency markets, the subsequent dollar crash led to talk of establishing the SDR as global reserve currency. That faded when the high interest rates set by Federal Reserve Chairman Paul Volcker to throttle inflation lured foreigners back to the dollar in the early 1980s...

Author: /time Magazine | Title: Why Supplanting the Dollar Would Be Good for America | 4/9/2009 | See Source »

...Richard Cory, richer than a king, "fluttered pulses when he said,/ 'Good-morning,' and he glittered when he walked." And in the shocking final line of E.A. Robinson's famous poem, this outwardly ideal man "went home and put a bullet through his head...

Author: /time Magazine | Title: The Moment | 4/9/2009 | See Source »

...attack involving U.S. citizens in as many as 200 years, Somali pirates seized the cargo ship Maersk Alabama in the Indian Ocean on the early morning of April 8. According to reports, the pirates were overpowered by the Alabama's 20 U.S. crew members but managed to take captain Richard Phillips hostage, inciting a standoff with rescue ships deployed to the scene. In the latest surge of attacks in the region, Somali pirates have hijacked six ships in five days, after seizing 15 in March and more than 130 last year, according to the International Maritime Bureau...

Author: /time Magazine | Title: The World | 4/9/2009 | See Source »

Welcome to the U.S. military in the Age of Obama. Indeed, Mullen's tour of Afghanistan, Pakistan and India was quietly significant in a number of ways. The trip was organized and led by the State Department's indefatigable special representative, Richard Holbrooke, with Mullen happily playing second fiddle (except in the closed-door meetings with Afghan and Pakistani military leaders) - a striking reversal of fortune after the Pentagon dominance of the Bush years. It was a demonstration of the Obama emphasis on diplomacy and economic development, a strategy that tracks with the military's new counterinsurgency tactics...

Author: /time Magazine | Title: Diplomatic Surge: Can Obama's Team Tame the Taliban? | 4/9/2009 | See Source »

...latest of a series of attacks, a remote-controlled bomb ripped through a music shop in Peshawar on Monday night. The explosion came just hours after Richard Holbrooke, the Obama Administration's special representative to the region, and Admiral Mike Mullen, the Chairman of the Joint Chiefs of Staff, arrived in Islamabad for their first visit since Washington announced its new strategy for the region. The morning before, 22 people were killed by a suicide bomber outside a mosque in Chakwal, a Punjabi town known for its links to the army. And on Saturday night, six paramilitary soldiers died after...

Author: /time Magazine | Title: In the War Against Militants, U.S. and Pakistan Remain at Odds | 4/8/2009 | See Source »

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